2325 Fairbanks Ave Norfolk, VA 23513
Estabrook NeighborhoodEstimated Value: $315,000 - $796,658
3
Beds
2
Baths
1,460
Sq Ft
$426/Sq Ft
Est. Value
About This Home
This home is located at 2325 Fairbanks Ave, Norfolk, VA 23513 and is currently estimated at $622,415, approximately $426 per square foot. 2325 Fairbanks Ave is a home located in Norfolk City with nearby schools including Coleman Place Elementary School, Norview Middle School, and B.T. Washington High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 7, 2024
Sold by
Quiroz Manuel
Bought by
James Dwight
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
$440,000
Interest Rate
6.32%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 8, 2023
Sold by
Bishop Delbert E and Bishop Peggy J
Bought by
Quiroz Manuel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.71%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
James Dwight | $305,000 | Priority Title | |
James Dwight | $305,000 | Priority Title | |
Quiroz Manuel | $300,000 | Priority Title |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Closed | James Dwight | $440,000 | |
Closed | James Dwight | $440,000 | |
Previous Owner | Quiroz Manuel | $270,000 |
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 | $4,334 | $416,100 | $105,000 | $311,100 |
2023 | $4,863 | $389,000 | $105,000 | $284,000 |
2022 | $4,488 | $359,000 | $75,000 | $284,000 |
2021 | $3,851 | $308,100 | $62,500 | $245,600 |
2020 | $3,666 | $293,300 | $59,500 | $233,800 |
2019 | $3,539 | $283,100 | $54,000 | $229,100 |
2018 | $3,413 | $273,000 | $54,000 | $219,000 |
2017 | $2,934 | $255,100 | $54,000 | $201,100 |
2016 | $2,780 | $252,100 | $54,000 | $198,100 |
2015 | $2,766 | $252,100 | $54,000 | $198,100 |
2014 | $2,766 | $252,100 | $54,000 | $198,100 |
Source: Public Records
Map
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