NOT LISTED FOR SALE

1616 Melrose Pkwy Norfolk, VA 23508

Larchmont/Edgewater Neighborhood

Estimated Value: $390,000 - $455,000

3 Beds
2 Baths
1,911 Sq Ft
$220/Sq Ft Est. Value

About This Home

This home is located at 1616 Melrose Pkwy, Norfolk, VA 23508 and is currently estimated at $419,824, approximately $219 per square foot. 1616 Melrose Pkwy is a home located in Norfolk City with nearby schools including Larchmont Elementary School, Blair Middle School, and Maury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2021
Sold by
Deglandon Terry
Bought by
Bennett Bryan and Bennett Lea Deglandon
Current Estimated Value
$419,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$236,581
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$179,433

Purchase Details

Closed on
Jul 15, 2019
Sold by
Earley James N and Earley Phyllis R
Bought by
Deglandon Terry
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Bennett Bryan $316,500 Seashore Title & Settlements
Deglandon Terry $280,000 Virginia Home Title & Stlmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Bryan $260,000
Previous Owner Eraley James N $172,250
Previous Owner Earley 11 James N $220,000
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 $4,472 $363,600 $141,000 $222,600
2023 $4,305 $344,400 $141,000 $203,400
2022 $4,054 $324,300 $122,800 $201,500
2021 $3,796 $303,700 $122,800 $180,900
2020 $3,698 $295,800 $117,000 $178,800
2019 $3,535 $282,800 $117,000 $165,800
2018 $3,418 $273,400 $117,000 $156,400
2017 $3,097 $269,300 $117,000 $152,300
2016 $3,191 $257,900 $109,000 $148,900
2015 $2,872 $257,900 $109,000 $148,900
2014 $2,872 $257,900 $109,000 $148,900
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23508 Larchmont/Edgewater

1616 Melrose Pkwy, Norfolk, VA

This home is located at 1616 Melrose Pkwy, Norfolk, VA 23508 and is currently estimated at $419,824, approximately $219 per square foot. 1616 Melrose Pkwy is a home located in Norfolk City with nearby schools including Larchmont Elementary School, Blair Middle School, and Maury High School.

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