NOT LISTED FOR SALE

225 E 40th St Norfolk, VA 23504

Colonial Place-Riverview Neighborhood

Estimated Value: $322,609 - $341,000

3 Beds
2 Baths
1,144 Sq Ft
$288/Sq Ft Est. Value

About This Home

This home is located at 225 E 40th St, Norfolk, VA 23504 and is currently estimated at $329,152, approximately $287 per square foot. 225 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
Jun 30, 2022
Sold by
Stevens Caleb
Bought by
Link Sarah Katlyn
Current Estimated Value
$329,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Outstanding Balance
$262,130
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$67,022

Purchase Details

Closed on
Aug 13, 2020
Sold by
December Investments Llc
Bought by
Stevens Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,647
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Closed on
May 28, 2020
Sold by
Weatherly John L and Weatherly Ronnie
Bought by
December Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,700
Interest Rate
3.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

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

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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
Link Sarah Katlyn $290,000 Fidelity National Title
Stevens Amanda $249,900 Attorney
December Investments Llc $125,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Link Sarah Katlyn $275,500
Previous Owner Stevens Amanda $255,647
Previous Owner December Investments Llc $80,700
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 $3,713 $297,000 $105,000 $192,000
2024 $3,657 $297,300 $105,000 $192,300
2023 $3,509 $280,700 $105,000 $175,700
2022 $3,134 $250,700 $75,000 $175,700
2021 $3,123 $249,800 $75,000 $174,800
2020 $3,123 $233,300 $75,000 $158,300
2019 $2,744 $219,500 $65,500 $154,000
2018 $2,578 $206,200 $65,500 $140,700
2017 $2,314 $201,200 $65,500 $135,700
2016 $2,238 $191,700 $62,000 $129,700
2015 $2,188 $191,700 $62,000 $129,700
2014 $2,188 $191,700 $62,000 $129,700
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23504 Colonial Place-Riverview

225 E 40th St, Norfolk, VA

Not Listed for Sale

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