NOT LISTED FOR SALE

2505 Reservoir Ave Norfolk, VA 23504

Barraud Park Neighborhood

Estimated Value: $230,000 - $276,268

3 Beds
3 Baths
1,388 Sq Ft
$183/Sq Ft Est. Value

About This Home

This home is located at 2505 Reservoir Ave, Norfolk, VA 23504 and is currently estimated at $253,817, approximately $182 per square foot. 2505 Reservoir Ave is a home located in Norfolk City with nearby schools including Jacox Elementary School, Ruffner Middle School, and Granby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Brooms Jermaine B
Bought by
Mcleroy Michael B
Current Estimated Value
$253,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Outstanding Balance
$181,607
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$79,825

Purchase Details

Closed on
May 25, 2006
Sold by
Cathey Bralyn E
Bought by
Brooms Jermaine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,100
Interest Rate
6.62%
Mortgage Type
Credit Line Revolving
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

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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
Mcleroy Michael B $199,000 Closing Edge Title Llc
Brooms Jermaine E $185,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcleroy Michael B $199,000
Previous Owner Brooms Jermaine B $149,133
Previous Owner Brooms Jermaine E $37,100
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 $2,701 $216,100 $35,000 $181,100
2023 $2,660 $212,800 $32,000 $180,800
2022 $2,405 $192,400 $24,700 $167,700
2021 $2,011 $160,900 $16,500 $144,400
2020 $1,915 $153,200 $15,000 $138,200
2019 $1,915 $153,200 $15,000 $138,200
2018 $1,845 $147,600 $15,000 $132,600
2017 $1,671 $145,300 $15,000 $130,300
2016 $1,671 $141,600 $15,000 $126,600
2015 $1,628 $141,600 $15,000 $126,600
2014 $1,628 $141,600 $15,000 $126,600
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23504 Barraud Park

2505 Reservoir Ave, Norfolk, VA

This home is located at 2505 Reservoir Ave, Norfolk, VA 23504 and is currently estimated at $253,817, approximately $182 per square foot. 2505 Reservoir Ave is a home located in Norfolk City with nearby schools including Jacox Elementary School, Ruffner Middle School, and Granby High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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