1872 Banning Rd Norfolk, VA 23518
Meadowbrook Forest NeighborhoodEstimated Value: $330,000 - $354,000
3
Beds
2
Baths
1,698
Sq Ft
$201/Sq Ft
Est. Value
About This Home
This home is located at 1872 Banning Rd, Norfolk, VA 23518 and is currently estimated at $340,899, approximately $200 per square foot. 1872 Banning Rd is a home located in Norfolk City with nearby schools including Larrymore Elementary School, Azalea Gardens Middle School, and Lake Taylor High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 16, 2015
Sold by
Wayne K Buchanan Estate
Bought by
Santana Robert A and Santana Carinne
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
$193,687
Outstanding Balance
$156,050
Interest Rate
3.87%
Mortgage Type
VA
Estimated Equity
$172,982
Purchase Details
Closed on
Apr 27, 2009
Sold by
Nicholson Malverse A and Jacocks Odessa E
Bought by
Buchanan Wayne K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Santana Robert A | $187,500 | Advance Title & Abstract Inc | |
Buchanan Wayne K | $260,000 | Lawyers Title Insurance Corp |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Santana Robert A | $193,687 | |
Previous Owner | Buchanan Wayne K | $130,000 | |
Previous Owner | Nicholson Malverse A | $224,000 |
Source: Public Records
Tax History Compared to Growth
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 | $3,311 | $264,900 | $85,000 | $179,900 |
2023 | $3,309 | $264,700 | $85,000 | $179,700 |
2022 | $3,131 | $250,500 | $78,800 | $171,700 |
2021 | $2,704 | $216,300 | $68,500 | $147,800 |
2020 | $2,666 | $213,300 | $65,500 | $147,800 |
2019 | $2,538 | $203,000 | $59,500 | $143,500 |
2018 | $2,446 | $195,700 | $59,500 | $136,200 |
2017 | $2,186 | $190,100 | $59,500 | $130,600 |
2016 | $2,103 | $188,500 | $59,500 | $129,000 |
2015 | $2,168 | $188,500 | $59,500 | $129,000 |
2014 | $2,168 | $188,500 | $59,500 | $129,000 |
Source: Public Records
Map
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