NOT LISTED FOR SALE

1501 Chela Ave Norfolk, VA 23503

Willoughby Neighborhood

Estimated Value: $307,000 - $350,000

3 Beds
1 Bath
1,168 Sq Ft
$276/Sq Ft Est. Value

About This Home

This home is located at 1501 Chela Ave, Norfolk, VA 23503 and is currently estimated at $322,744, approximately $276 per square foot. 1501 Chela Ave is a home located in Norfolk City with nearby schools including Ocean View Elementary School, Northside Middle School, and Granby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Baar Nancy M
Bought by
Sorensen Guy R
Current Estimated Value
$322,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Outstanding Balance
$195,264
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$127,480

Purchase Details

Closed on
Nov 12, 2015
Sold by
Bernarde April M
Bought by
Baar Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2009
Sold by
Meyers James S
Bought by
Bernarde April M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,296
Interest Rate
5.58%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sorensen Guy R $258,000 Fidelity National Title
Baar Nancy M $191,500 Attorney
Bernarde April M $198,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorensen Guy R $206,400
Previous Owner Baar Nancy M $166,500
Previous Owner Bernarde April M $195,296
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,293 $343,400 $69,400 $274,000
2024 $4,128 $335,600 $69,400 $266,200
2023 $3,573 $285,800 $69,400 $216,400
2022 $3,214 $257,100 $60,000 $197,100
2021 $2,916 $233,300 $60,000 $173,300
2020 $2,826 $226,100 $60,000 $166,100
2019 $2,690 $215,200 $60,000 $155,200
2018 $2,531 $202,500 $60,000 $142,500
2017 $2,234 $194,300 $57,000 $137,300
2016 $2,234 $163,000 $57,000 $106,000
2015 $1,875 $163,000 $57,000 $106,000
2014 $1,875 $163,000 $57,000 $106,000
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23503 Willoughby

1501 Chela Ave, Norfolk, VA

Not Listed for Sale

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