NOT LISTED FOR SALE

224 E 40th St Norfolk, VA 23504

Colonial Place-Riverview Neighborhood

Estimated Value: $503,000 - $550,385

6 Beds
4 Baths
3,228 Sq Ft
$160/Sq Ft Est. Value

About This Home

This home is located at 224 E 40th St, Norfolk, VA 23504 and is currently estimated at $517,846, approximately $160 per square foot. 224 E 40th St is a home located in Norfolk City with nearby schools including Granby Elementary School, Blair Middle School, and Maury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2006
Sold by
Mccoy Christopher B and Mccoy Margaret Elizabeth Powell
Bought by
Sweeney Timothy M
Current Estimated Value
$517,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Outstanding Balance
$47,711
Interest Rate
6.31%
Mortgage Type
Stand Alone Second
Estimated Equity
$470,135

Purchase Details

Closed on
May 20, 2005
Sold by
Rei Residential Llc
Bought by
Mccoy Christopher B and Mccoy Margaret Elizabeth Powell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.75%
Mortgage Type
New Conventional
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

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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
Sweeney Timothy M $399,000 --
Mccoy Christopher B $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweeney Timothy M $79,800
Open Sweeney Timothy M $319,200
Previous Owner Mccoy Christopher B $236,000
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
2025 $6,439 $515,100 $105,000 $410,100
2024 $6,207 $504,600 $105,000 $399,600
2023 $5,901 $472,100 $105,000 $367,100
2022 $5,526 $442,100 $75,000 $367,100
2021 $5,431 $434,500 $75,000 $359,500
2020 $4,975 $398,000 $75,000 $323,000
2019 $4,749 $379,900 $65,500 $314,400
2018 $4,383 $350,600 $65,500 $285,100
2017 $3,882 $337,600 $65,500 $272,100
2016 $3,732 $318,400 $62,000 $256,400
2015 $3,660 $318,400 $62,000 $256,400
2014 $3,660 $318,400 $62,000 $256,400
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23504 Colonial Place-Riverview

224 E 40th St, Norfolk, VA

Not Listed for Sale

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