1541 Morris Ave Norfolk, VA 23509
Lakewood NeighborhoodEstimated Value: $368,000 - $690,000
4
Beds
2
Baths
3,200
Sq Ft
$154/Sq Ft
Est. Value
About This Home
This home is located at 1541 Morris Ave, Norfolk, VA 23509 and is currently estimated at $492,590, approximately $153 per square foot. 1541 Morris Ave 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
Dec 15, 2010
Sold by
Mcdearmon David E
Bought by
Burton Bradley S and Burton Beatrice L
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
$335,825
Outstanding Balance
$221,986
Interest Rate
4.23%
Mortgage Type
FHA
Estimated Equity
$270,604
Purchase Details
Closed on
Jun 13, 2008
Sold by
Salopek Gregory T and Salopek Kathryn N
Bought by
Mcdearmon David E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burton Bradley S | $350,000 | Fidelity Natl Title Ins Co | |
| Mcdearmon David E | $340,000 | American Home Title | |
| Mcdearmon David E | $340,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burton Bradley S | $335,825 | |
| Previous Owner | Mcdearmon David E | $238,000 |
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 | $4,910 | $392,800 | $137,400 | $255,400 |
| 2024 | $4,758 | $380,600 | $137,400 | $243,200 |
| 2023 | $4,641 | $371,300 | $137,400 | $233,900 |
| 2022 | $4,641 | $371,300 | $137,400 | $233,900 |
| 2021 | $4,315 | $345,200 | $123,700 | $221,500 |
| 2020 | $4,315 | $345,200 | $123,700 | $221,500 |
| 2019 | $4,315 | $345,200 | $123,700 | $221,500 |
| 2018 | $4,161 | $332,900 | $123,700 | $209,200 |
| 2017 | $3,635 | $316,100 | $112,600 | $203,500 |
| 2016 | $3,526 | $318,100 | $112,600 | $205,500 |
| 2015 | $3,658 | $318,100 | $112,600 | $205,500 |
| 2014 | $3,658 | $318,100 | $112,600 | $205,500 |
Source: Public Records
Map
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