3020 Colonial Ave Unit A5 Norfolk, VA 23508
Park Place NeighborhoodEstimated Value: $157,000 - $184,000
            
                3
                Beds
            
            
            
                1
                Bath
            
            
            
                1,877
                Sq Ft
            
            
                
                    $91/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 3020 Colonial Ave Unit A5, Norfolk, VA 23508 and is currently estimated at $170,777, approximately $90 per square foot. 3020 Colonial Ave Unit A5 is a home located in Norfolk City with nearby schools including James Monroe Elementary School, Blair Middle School, and Granby High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Feb 2, 2022
            
        
                Sold by
            
            
                Faure Taelor
            
        
                Bought by
            
            
                Dayawan Vernon
            
        
                            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
            
            
                $135,900
            
        
                Outstanding Balance
            
            
                $126,040
            
        
                Interest Rate
            
            
                3.45%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $44,737
            
        Purchase Details
                Closed on
            
            
                Oct 1, 2020
            
        
                Sold by
            
            
                Stills Sonja O
            
        
                Bought by
            
            
                Faure Taelor
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $117,826
            
        
                Interest Rate
            
            
                2.9%
            
        
                Mortgage Type
            
            
                FHA
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Dayawan Vernon | $151,000 | Chicago Title | |
| Dayawan Vernon | $151,000 | Chicago Title | |
| Faure Taelor | $120,000 | Attorney | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Dayawan Vernon | $135,900 | |
| Closed | Dayawan Vernon | $135,900 | |
| Previous Owner | Faure Taelor | $117,826 | 
                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 | $2,028 | $162,200 | $17,900 | $144,300 | 
| 2024 | $1,910 | $155,300 | $17,900 | $137,400 | 
| 2023 | $1,831 | $146,500 | $12,400 | $134,100 | 
| 2022 | $1,500 | $120,000 | $8,300 | $111,700 | 
| 2021 | $1,316 | $105,300 | $8,300 | $97,000 | 
| 2020 | $1,221 | $97,700 | $6,200 | $91,500 | 
| 2019 | $1,358 | $108,600 | $6,100 | $102,500 | 
| 2018 | $1,218 | $97,400 | $6,100 | $91,300 | 
| 2017 | $1,250 | $108,700 | $6,100 | $102,600 | 
| 2016 | $1,250 | $131,500 | $6,100 | $125,400 | 
| 2015 | $1,512 | $131,500 | $6,100 | $125,400 | 
| 2014 | $1,512 | $131,500 | $6,100 | $125,400 | 
                Source: Public Records
                    
            
        Map
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