NOT LISTED FOR SALE

Estimated Value: $437,000 - $467,000

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 $449,121, 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
$449,121

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
Interest Rate
7.09%
Mortgage Type
VA

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
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
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 $431,143
Closed 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 Andrew $149,638
Previous Owner Henry Andrew $147,479
Previous Owner Henry Ii Andrew J $110,000
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 $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

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