1616 Broadfield Rd Norfolk, VA 23503
Bay View NeighborhoodEstimated Value: $436,339 - $463,000
4
Beds
3
Baths
2,266
Sq Ft
$198/Sq Ft
Est. Value
About This Home
This home is located at 1616 Broadfield Rd, Norfolk, VA 23503 and is currently estimated at $448,835, approximately $198 per square foot. 1616 Broadfield Rd 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
Sep 27, 2023
Sold by
Jones Rhett James and Jones Chevahn Andrea
Bought by
Mendez Michael A
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
$415,000
Outstanding Balance
$406,793
Interest Rate
7.09%
Mortgage Type
VA
Estimated Equity
$42,042
Purchase Details
Closed on
Mar 16, 2021
Sold by
Machen Nicole and Woods Nicole
Bought by
Jones Rhett James and Jones Chevahn Andrea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,900
Interest Rate
2.8%
Mortgage Type
VA
Purchase Details
Closed on
Jan 19, 2016
Sold by
Equity Developemnt Corporation Inc
Bought by
Woods Nicole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,595
Interest Rate
4.02%
Mortgage Type
VA
Purchase Details
Closed on
Jul 16, 2015
Sold by
Henry Andrew J
Bought by
Equity Development Corporation Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,950
Interest Rate
4.01%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 14, 2005
Sold by
Henry Andrew J and Henry Loren M
Bought by
Henry Ii Andrew J and Henry Loren M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.54%
Mortgage Type
Adjustable Rate Mortgage/ARM
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mendez Michael A | $415,000 | Stewart Title Guaranty Company | |
| Jones Rhett James | $359,900 | Hampton Roads Title Llc | |
| Woods Nicole | $264,900 | Priority Title & Escrow | |
| Equity Development Corporation Inc | $75,000 | Attorney | |
| Henry Ii Andrew J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mendez Michael A | $415,000 | |
| Previous Owner | Jones Rhett James | $359,900 | |
| Previous Owner | Woods Nicole | $270,595 | |
| Previous Owner | Equity Development Corporation Inc | $166,950 | |
| Previous Owner | Henry Ii Andrew J | $110,000 |
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 | $5,324 | $425,900 | $80,500 | $345,400 |
| 2024 | $5,080 | $413,000 | $80,500 | $332,500 |
| 2023 | $4,400 | $352,000 | $73,000 | $279,000 |
| 2022 | $4,289 | $343,100 | $68,800 | $274,300 |
| 2021 | $3,813 | $305,000 | $55,500 | $249,500 |
| 2020 | $3,634 | $290,700 | $45,500 | $245,200 |
| 2019 | $3,609 | $288,700 | $43,500 | $245,200 |
| 2018 | $3,386 | $270,900 | $43,500 | $227,400 |
| 2017 | $3,054 | $265,600 | $43,500 | $222,100 |
| 2016 | $3,054 | $139,200 | $43,500 | $95,700 |
| 2015 | $1,593 | $139,200 | $43,500 | $95,700 |
| 2014 | $1,593 | $139,200 | $43,500 | $95,700 |
Source: Public Records
Map
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