1522 W 40th St Norfolk, VA 23508
Lambert's Point NeighborhoodEstimated Value: $373,000 - $425,509
5
Beds
3
Baths
2,451
Sq Ft
$163/Sq Ft
Est. Value
About This Home
This home is located at 1522 W 40th St, Norfolk, VA 23508 and is currently estimated at $399,627, approximately $163 per square foot. 1522 W 40th St is a home located in Norfolk City with nearby schools including Larchmont Elementary School, Blair Middle School, and Maury High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 20, 2009
Sold by
Kebco Enterprises Inc
Bought by
Orner Patricia M
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
$238,563
Interest Rate
5%
Mortgage Type
VA
Purchase Details
Closed on
Jul 10, 2008
Sold by
Williams Valerie P and Williams Johnnie M
Bought by
Kebco Enterprises Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,507
Interest Rate
6.4%
Mortgage Type
Construction
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Orner Patricia M | $238,563 | Fidelity Natl Title Ins Co | |
Kebco Enterprises Inc | $43,000 | Lawyers Title Insurance Corp |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Orner Patrcia | $233,525 | |
Closed | Orner Patricia M | $230,911 | |
Closed | Orner Patricia M | $238,563 | |
Previous Owner | Kebco Enterprises Inc | $169,507 |
Source: Public Records
Tax History Compared to Growth
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 | $4,644 | $377,600 | $85,000 | $292,600 |
2023 | $4,229 | $338,300 | $72,000 | $266,300 |
2022 | $3,891 | $311,300 | $60,000 | $251,300 |
2021 | $3,561 | $284,900 | $60,000 | $224,900 |
2020 | $3,231 | $258,500 | $47,500 | $211,000 |
2019 | $3,231 | $258,500 | $47,500 | $211,000 |
2018 | $3,060 | $244,800 | $47,500 | $197,300 |
2017 | $2,685 | $233,500 | $43,000 | $190,500 |
2016 | $2,578 | $239,900 | $40,200 | $199,700 |
2015 | $2,069 | $239,900 | $40,200 | $199,700 |
2014 | $2,069 | $239,900 | $40,200 | $199,700 |
Source: Public Records
Map
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