NOT LISTED FOR SALE

242 E 40th St Norfolk, VA 23504

Colonial Place Neighborhood

Estimated Value: $367,000 - $422,000

4 Beds
2 Baths
2,200 Sq Ft
$183/Sq Ft Est. Value

About This Home

This home is located at 242 E 40th St, Norfolk, VA 23504 and is currently estimated at $401,511, approximately $182 per square foot. 242 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
Aug 11, 2020
Sold by
Morris Michael Alan
Bought by
242 East 40Th Street Llc
Current Estimated Value
$401,511

Purchase Details

Closed on
Feb 5, 2018
Sold by
Smith Elva L Dyson
Bought by
Morris Michael Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.94%
Mortgage Type
New Conventional
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

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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
242 East 40Th Street Llc -- None Available
Morris Michael Alan $215,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Michael Alan $61,250
Previous Owner Morris Michael Alan $100,000
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
2024 $4,482 $364,400 $109,000 $255,400
2023 $4,285 $342,800 $109,000 $233,800
2022 $3,898 $311,800 $78,000 $233,800
2021 $3,838 $307,000 $78,000 $229,000
2020 $3,838 $307,000 $78,000 $229,000
2019 $3,701 $296,100 $73,000 $223,100
2018 $3,498 $279,800 $73,000 $206,800
2017 $3,197 $278,000 $73,000 $205,000
2016 $3,176 $273,500 $69,000 $204,500
2015 $3,115 $273,500 $69,000 $204,500
2014 $3,115 $273,500 $69,000 $204,500
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23504 Colonial Place

242 E 40th St, Norfolk, VA

This home is located at 242 E 40th St, Norfolk, VA 23504 and is currently estimated at $401,511, approximately $182 per square foot. 242 E 40th St is a home located in Norfolk City with nearby schools including Granby Elementary School, Blair Middle School, and Maury High School.

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