NOT LISTED FOR SALE

1518 Royale Terrace Norfolk, VA 23509

Lafayette-Winona Neighborhood

Estimated Value: $318,000 - $332,879

3 Beds
2 Baths
1,587 Sq Ft
$206/Sq Ft Est. Value

About This Home

This home is located at 1518 Royale Terrace, Norfolk, VA 23509 and is currently estimated at $326,720, approximately $205 per square foot. 1518 Royale Terrace is a home located in Norfolk City with nearby schools including Frances E. Willard Model Elementary School, Norview Middle School, and Maury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Greenough Jordan T and Greenough Amy L
Bought by
Breese William S and Breese Cassandra A
Current Estimated Value
$326,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Outstanding Balance
$291,450
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
$35,270

Purchase Details

Closed on
May 22, 2019
Sold by
Mcintosh Brandon Michael
Bought by
Greenough Jordan T and Greenough Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2015
Sold by
Thomas Oral and Imrit-Thomas Kavita
Bought by
Mcintosh Brandon Michael

Purchase Details

Closed on
Aug 15, 2005
Sold by
Franks Amy L
Bought by
Imirit Thomas Kavita and Thomas Oral

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Breese William S $298,000 Stewart Title
Greenough Jordan T $220,000 Attorney
Mcintosh Brandon Michael $214,000 Fidelity National Title
Imirit Thomas Kavita $256,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breese William S $294,566
Previous Owner Greenough Jordan T $216,015
Previous Owner Imrit Thomas Kavita $179,255
Previous Owner Imirit Thomas Kavita $38,400
Previous Owner Imirit Thomas Kavita $204,800
Source: Public Records

Tax History Compared to Growth

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
2024 $3,725 $298,000 $101,000 $197,000
2023 $3,604 $288,300 $101,000 $187,300
2022 $3,268 $261,400 $85,500 $175,900
2021 $3,053 $244,200 $83,000 $161,200
2020 $2,953 $236,200 $75,000 $161,200
2019 $2,851 $228,100 $71,500 $156,600
2018 $2,760 $220,800 $71,500 $149,300
2017 $2,496 $217,000 $71,500 $145,500
2016 $2,430 $190,700 $71,500 $119,200
2015 $2,193 $190,700 $71,500 $119,200
2014 $2,193 $190,700 $71,500 $119,200
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23509 Lafayette-Winona

1518 Royale Terrace, Norfolk, VA

This home is located at 1518 Royale Terrace, Norfolk, VA 23509 and is currently estimated at $326,720, approximately $205 per square foot. 1518 Royale Terrace is a home located in Norfolk City with nearby schools including Frances E. Willard Model Elementary School, Norview Middle School, and Maury High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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