NOT LISTED FOR SALE

1611 Ara St Norfolk, VA 23503

Bay View Neighborhood

Estimated Value: $349,000 - $391,000

3 Beds
2 Baths
1,700 Sq Ft
$220/Sq Ft Est. Value

About This Home

This home is located at 1611 Ara St, Norfolk, VA 23503 and is currently estimated at $374,230, approximately $220 per square foot. 1611 Ara St is a home located in Norfolk City with nearby schools including Bay View Elementary School, Azalea Gardens Middle School, and Norview High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Lorson Brendan and Lorson Caitlin
Bought by
Runner Lindsay Patricia
Current Estimated Value
$374,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Outstanding Balance
$270,461
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$103,769

Purchase Details

Closed on
Nov 25, 2020
Sold by
Adcock Maris Milton and The Adcock Irrevocable Trust
Bought by
Lorson Brendan and Lorson Caitlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2016
Sold by
Adcock John Milton and Adcock Billie C
Bought by
The Adcock Irrevocable Trust Dated June
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Runner Lindsay Patricia $320,000 Attorney
Lorson Brendan $115,000 Attorney
The Adcock Irrevocable Trust Dated June -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Runner Lindsay Patricia $300,700
Previous Owner Lorson Brendan $97,750
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
2025 $4,161 $332,900 $91,500 $241,400
2024 $3,983 $323,800 $91,500 $232,300
2023 $3,844 $307,500 $83,000 $224,500
2022 $3,736 $298,900 $78,100 $220,800
2021 $3,298 $263,800 $63,000 $200,800
2020 $2,013 $161,000 $52,500 $108,500
2019 $284 $158,500 $50,000 $108,500
2018 $1,944 $155,500 $50,000 $105,500
2017 $1,765 $153,500 $50,000 $103,500
2016 $1,765 $161,000 $50,000 $111,000
2015 $1,837 $161,000 $50,000 $111,000
2014 $1,837 $161,000 $50,000 $111,000
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23503 Bay View

1611 Ara St, Norfolk, VA

Not Listed for Sale

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