NOT LISTED FOR SALE

240 Forrest Ave Norfolk, VA 23505

Estimated Value: $244,663 - $271,000

3 Beds
2 Baths
1,254 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 240 Forrest Ave, Norfolk, VA 23505 and is currently estimated at $255,916, approximately $204 per square foot. 240 Forrest Ave is a home located in Norfolk City with nearby schools including Camp Allen Elementary School, Blair Middle School, and Maury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2005
Sold by
Winkelsas David
Bought by
Morley Eric J
Current Estimated Value
$255,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,500
Outstanding Balance
$5,152
Interest Rate
5.68%
Mortgage Type
Unknown
Estimated Equity
$231,513
Source: Public Records

Range of Values:

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Morley Eric J $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morley Eric J $9,500
Open Morley Eric J $136,517
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
2024 $2,263 $184,000 $60,000 $124,000
2023 $2,183 $174,600 $57,000 $117,600
2022 $2,053 $164,200 $52,000 $112,200
2021 $1,948 $155,800 $52,000 $103,800
2020 $1,796 $143,700 $47,000 $96,700
2019 $1,765 $141,200 $44,500 $96,700
2018 $1,663 $133,000 $44,500 $88,500
2017 $1,497 $130,200 $44,500 $85,700
2016 $1,497 $127,800 $44,500 $83,300
2015 $1,470 $127,800 $44,500 $83,300
2014 $1,470 $127,800 $44,500 $83,300
Source: Public Records

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