NOT LISTED FOR SALE

Estimated Value: $241,000 - $282,000

3 Beds
2 Baths
1,080 Sq Ft
$241/Sq Ft Est. Value

About This Home

This home is located at 1529 Nelms Ave, Norfolk, VA 23502 and is currently estimated at $259,884, approximately $240 per square foot. 1529 Nelms Ave is a home located in Norfolk City with nearby schools including Sherwood Forest Elementary School, Norview Middle School, and B.T. Washington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2024
Sold by
Pakele Justin and Pakele Erica
Bought by
Lozada Omar and Lozada Natasha
Current Estimated Value
$259,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,859
Outstanding Balance
$227,012
Interest Rate
6.62%
Mortgage Type
VA
Estimated Equity
$32,872

Purchase Details

Closed on
Nov 20, 2019
Sold by
Rogers Kevin D
Bought by
Pakele Justin and Pakele Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,714
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Nov 11, 2010
Sold by
Hsbc Mortgage Services Inc
Bought by
Rogers Kevin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,780
Interest Rate
4.24%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 8, 2010
Sold by
Burchett Arnetta R
Bought by
Hsbc Mortgage Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,780
Interest Rate
4.24%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lozada Omar $226,000 Fidelity National Title
Pakele Justin $149,500 Attorney
Rogers Kevin D $108,000 Fidelity Natl Title Ins Co
Hsbc Mortgage Services Inc $137,346 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lozada Omar $230,859
Previous Owner Pakele Justin $152,714
Previous Owner Rogers Kevin D $3,780
Previous Owner Rogers Kevin D $105,262
Previous Owner Hsbc Mortgage Services Inc $3,780
Previous Owner Burchett Arnetta R $169,500
Previous Owner Burchett Arnetta R $32,000
Previous Owner Burchett Arnetta A $128,000
Previous Owner Burchett Arnetta R $19,200
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 $2,608 $208,600 $54,100 $154,500
2023 $2,106 $168,500 $50,500 $118,000
2022 $2,025 $162,000 $46,300 $115,700
2021 $1,833 $146,600 $40,300 $106,300
2020 $1,769 $141,500 $35,200 $106,300
2019 $1,591 $127,300 $30,600 $96,700
2018 $1,508 $120,600 $30,600 $90,000
2017 $1,344 $116,900 $30,600 $86,300
2016 $1,344 $118,400 $30,600 $87,800
2015 $1,362 $118,400 $30,600 $87,800
2014 $1,362 $118,400 $30,600 $87,800
Source: Public Records

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