NOT LISTED FOR SALE

2801 Colonial Ave Norfolk, VA 23508

Park Place Neighborhood

Estimated Value: $176,000 - $214,000

3 Beds
1 Bath
1,449 Sq Ft
$137/Sq Ft Est. Value

About This Home

This home is located at 2801 Colonial Ave, Norfolk, VA 23508 and is currently estimated at $198,337, approximately $136 per square foot. 2801 Colonial Ave is a home located in Norfolk City with nearby schools including James Monroe Elementary School, Blair Middle School, and Maury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2022
Sold by
Akute Llc
Bought by
2801 Colonial Llc
Current Estimated Value
$198,337

Purchase Details

Closed on
Dec 4, 2019
Sold by
Worley Gary W
Bought by
Akute Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2012
Sold by
Branch Banking & Trust Company
Bought by
Worley Gary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 28, 2011
Sold by
Herman Court Llc
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Aug 10, 2005
Sold by
Brown Robert
Bought by
Herman Court Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
5.68%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
2801 Colonial Llc -- --
Akute Llc $350,000 Stewart Title Guaranty Co
Worley Gary W $185,000 First Aemrican Title Ins Co
Branch Banking & Trust Company $682,200 Pioneer Title
Herman Court Llc $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akute Llc $296,250
Previous Owner Worley Gary W $148,000
Previous Owner Herman Court Llc $470,000
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
2025 $2,188 $175,000 $20,300 $154,700
2024 $2,039 $165,800 $20,300 $145,500
2023 $1,956 $156,500 $14,500 $142,000
2022 $1,605 $128,400 $10,100 $118,300
2021 $1,521 $121,700 $10,100 $111,600
2020 $1,495 $119,600 $8,000 $111,600
2019 $1,494 $119,500 $7,900 $111,600
2018 $1,393 $111,400 $7,900 $103,500
2017 $1,295 $112,600 $7,900 $104,700
2016 $1,295 $143,300 $7,900 $135,400
2015 $1,648 $143,300 $7,900 $135,400
2014 $1,648 $143,300 $7,900 $135,400
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23508 Park Place

2801 Colonial Ave, Norfolk, VA

Not Listed for Sale

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