1506 Colonial Ave Unit 7 Norfolk, VA 23517
Ghent Square NeighborhoodEstimated Value: $214,000 - $243,000
2
Beds
1
Bath
796
Sq Ft
$288/Sq Ft
Est. Value
About This Home
This home is located at 1506 Colonial Ave Unit 7, Norfolk, VA 23517 and is currently estimated at $229,188, approximately $287 per square foot. 1506 Colonial Ave Unit 7 is a home located in Norfolk City with nearby schools including W.H. Taylor Elementary School, Blair Middle School, and Maury High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 27, 2022
Sold by
Chess Andrew John
Bought by
Orazi Nathaniel D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Outstanding Balance
$194,587
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$34,601
Purchase Details
Closed on
Sep 11, 2009
Sold by
Colonial Associates Inc
Bought by
Chess Andrew John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,407
Interest Rate
5.36%
Mortgage Type
VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Orazi Nathaniel D | $215,000 | Old Republic National Title | |
| Chess Andrew John | $205,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Orazi Nathaniel D | $204,250 | |
| Previous Owner | Chess Andrew John | $209,407 |
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 | $2,895 | $231,600 | $26,300 | $205,300 |
| 2024 | $2,753 | $223,800 | $26,300 | $197,500 |
| 2023 | $2,665 | $213,200 | $26,300 | $186,900 |
| 2022 | $2,625 | $210,000 | $23,100 | $186,900 |
| 2021 | $2,483 | $198,600 | $23,100 | $175,500 |
| 2020 | $2,483 | $198,600 | $23,100 | $175,500 |
| 2019 | $2,420 | $193,600 | $23,100 | $170,500 |
| 2018 | $2,268 | $181,400 | $23,100 | $158,300 |
| 2017 | $2,069 | $179,900 | $23,100 | $156,800 |
| 2016 | $2,069 | $176,700 | $22,500 | $154,200 |
| 2015 | $2,083 | $176,700 | $22,500 | $154,200 |
| 2014 | $2,083 | $176,700 | $22,500 | $154,200 |
Source: Public Records
Map
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