Seller's Agent in 2024
Traci Lewis VanCamp
RE/MAX
(800) 948-9755
1 in this area
89 Total Sales
224 W 38th St Norfolk, VA 23504
Colonial Place Neighborhood
--
Bed
--
Bath
2,300
Sq Ft
6,229
Sq Ft Lot
About This Home
As of November 2024DRASTIC PRICE REDUCTION! SELLER ALSO OFFERING $5K FOR CLOSING COSTS!! Amazing house hacking opportunity!! Don’t miss out on this prime investment! This duplex offers the perfect setup for house hackers or savvy investors. Live in the newly renovated upstairs unit, complete with modern finishes and an updated look with new carpet and a beautiful paint job move-in ready and in fantastic condition! Let the rental income from the downstairs unit help pay off your mortgage, significantly reducing your housing costs while building wealth.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,590
Year Built
- Built in 1895
Lot Details
- Lot Dimensions are 53x114x55x114
- Partially Fenced Property
Home Design
- Duplex
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,300 Sq Ft Home
- Basement
- Crawl Space
Schools
- Granby Elementary School
- Blair Middle School
- Maury High School
Utilities
- Separate Meters
- Separate Water Meter
- Electric Water Heater
Community Details
- Colonial Place Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2024
Closed on
Nov 9, 2024
Sold by
Lamson Samuel Nelson and Lamson Allison Heaney
Bought by
Gonzalez Diego
Seller's Agent
Traci Lewis VanCamp
RE/MAX Alliance
Buyer's Agent
Sebastian Martinez
Iron Valley Real Estate Hampton Roads
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%
Views
135
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,987
Avg. Annual Appreciation
0.56%
Original Mortgage
$352,417
Outstanding Balance
$350,411
Interest Rate
6.32%
Mortgage Type
VA
Estimated Equity
-$3,885
Purchase Details
Closed on
May 31, 2013
Sold by
4Dbs Llc
Bought by
Lamson Samuel Nelson and Lamson Allison Heaney
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,880
Interest Rate
3.39%
Mortgage Type
VA
Purchase Details
Closed on
Jul 26, 2012
Sold by
Fannie Mae
Bought by
4Dbs Llc
Purchase Details
Closed on
Aug 16, 2011
Sold by
Bailey Michael and Bailey Mary Jo
Bought by
Federal National Mortgage Association
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $345,000 | Fidelity National Title | |
| Bargain Sale Deed | $345,000 | Fidelity National Title | |
| Bargain Sale Deed | $227,000 | Fidelity National Title Insu | |
| Deed | $234,400 | None Available | |
| Foreclosure Deed | $184,234 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $352,417 | VA | |
| Closed | $352,417 | VA | |
| Previous Owner | $202,875 | New Conventional | |
| Previous Owner | $231,880 | VA | |
| Previous Owner | $167,745 | Unknown | |
| Previous Owner | $21,000 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/25/2024 11/25/24 | Sold | $345,000 | 0.0% | $150 / Sq Ft |
| 11/02/2024 11/02/24 | Pending | -- | -- | -- |
| 10/07/2024 10/07/24 | Price Changed | $345,000 | -5.5% | $150 / Sq Ft |
| 09/14/2024 09/14/24 | Price Changed | $365,000 | -2.7% | $159 / Sq Ft |
| 08/14/2024 08/14/24 | For Sale | $375,000 | -- | $163 / Sq Ft |
Source: Real Estate Information Network (REIN)
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 | $4,086 | $332,200 | $86,100 | $246,100 |
| 2023 | $3,590 | $287,200 | $86,100 | $201,100 |
| 2022 | $3,448 | $275,800 | $74,700 | $201,100 |
| 2021 | $3,086 | $246,900 | $64,900 | $182,000 |
| 2020 | $3,063 | $245,000 | $63,000 | $182,000 |
| 2019 | $2,965 | $237,200 | $63,000 | $174,200 |
| 2018 | $2,948 | $235,800 | $63,000 | $172,800 |
| 2017 | $2,740 | $238,300 | $63,000 | $175,300 |
| 2016 | $2,740 | $243,400 | $63,000 | $180,400 |
| 2015 | $2,799 | $243,400 | $63,000 | $180,400 |
| 2014 | $2,799 | $243,400 | $63,000 | $180,400 |
Source: Public Records
Agents Affiliated with this Home
-
Traci Lewis VanCamp
-
Sebastian Martinez
Buyer's Agent in 2024
Sebastian Martinez
Iron Valley Real Estate Hampton Roads
(757) 636-6215
1 in this area
184 Total Sales
-
Kimberly Duarte
Buyer Co-Listing Agent in 2024
Kimberly Duarte
Iron Valley Real Estate Hampton Roads
(757) 553-8377
1 in this area
52 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10547118
APN: 15844000
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