245 E 40th St Norfolk, VA 23504
Colonial Place-Riverview NeighborhoodEstimated Value: $420,000 - $671,000
4
Beds
3
Baths
2,778
Sq Ft
$202/Sq Ft
Est. Value
About This Home
This home is located at 245 E 40th St, Norfolk, VA 23504 and is currently estimated at $561,429, approximately $202 per square foot. 245 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
Nov 19, 2021
Sold by
Crego Anthony C
Bought by
Rouse Courtney Jamaal Theodore and Cibrian Jose Guerrero
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
$470,250
Outstanding Balance
$432,438
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$128,991
Purchase Details
Closed on
Apr 27, 2005
Sold by
Clarke James W and Clarke Eva G
Bought by
Crego Anthony C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,985
Interest Rate
6.05%
Mortgage Type
Credit Line Revolving
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rouse Courtney Jamaal Theodore | $495,000 | 1St Choice Title Solns Llc | |
| Crego Anthony C | $419,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rouse Courtney Jamaal Theodore | $470,250 | |
| Previous Owner | Crego Anthony C | $62,985 | |
| Previous Owner | Crego Anthony C | $335,920 |
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 |
|---|---|---|---|---|
| 2025 | $7,041 | $563,300 | $105,000 | $458,300 |
| 2024 | $6,685 | $543,500 | $105,000 | $438,500 |
| 2023 | $6,329 | $506,300 | $105,000 | $401,300 |
| 2022 | $5,954 | $476,300 | $75,000 | $401,300 |
| 2021 | $5,713 | $457,000 | $75,000 | $382,000 |
| 2020 | $5,713 | $457,000 | $75,000 | $382,000 |
| 2019 | $5,469 | $437,500 | $65,500 | $372,000 |
| 2018 | $5,105 | $408,400 | $65,500 | $342,900 |
| 2017 | $4,557 | $396,300 | $65,500 | $330,800 |
| 2016 | $4,379 | $379,100 | $62,000 | $317,100 |
| 2015 | $4,360 | $379,100 | $62,000 | $317,100 |
| 2014 | $4,360 | $379,100 | $62,000 | $317,100 |
Source: Public Records
Map
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