3124 Somme Ave Norfolk, VA 23509
Fairmount Park NeighborhoodEstimated Value: $255,000 - $314,341
3
Beds
2
Baths
1,640
Sq Ft
$176/Sq Ft
Est. Value
About This Home
This home is located at 3124 Somme Ave, Norfolk, VA 23509 and is currently estimated at $289,335, approximately $176 per square foot. 3124 Somme Ave is a home located in Norfolk City with nearby schools including Lindenwood Elementary School, Azalea Gardens Middle School, and Maury High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 24, 2022
Sold by
J & M Real Estate Investments Llc
Bought by
Williams Christopher
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
$224,000
Outstanding Balance
$209,511
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$79,824
Purchase Details
Closed on
Mar 4, 2021
Sold by
Commonwealth Trustees Llc
Bought by
J & M Real Estate Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 7, 2005
Sold by
Lin Alexander
Bought by
Brown Phillip B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,101
Interest Rate
6.62%
Mortgage Type
New Conventional
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 |
---|---|---|---|
Williams Christopher | $280,000 | Priority Title | |
J & M Real Estate Investments Llc | $134,100 | None Available | |
Brown Phillip B | $133,446 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Williams Christopher | $224,000 | |
Previous Owner | J & M Real Estate Investments Llc | $190,000 | |
Previous Owner | Brown Phillip B | $64,000 | |
Previous Owner | Brown Phillip B | $120,101 | |
Closed | Williams Christopher | $56,000 |
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 |
---|---|---|---|---|
2024 | $2,566 | $208,600 | $59,300 | $149,300 |
2023 | $2,330 | $186,400 | $59,300 | $127,100 |
2022 | $2,136 | $170,900 | $43,800 | $127,100 |
2021 | $1,983 | $158,600 | $38,100 | $120,500 |
2020 | $1,864 | $149,100 | $33,000 | $116,100 |
2019 | $1,771 | $141,700 | $30,000 | $111,700 |
2018 | $1,668 | $133,400 | $30,000 | $103,400 |
2017 | $1,500 | $130,400 | $30,000 | $100,400 |
2016 | $1,452 | $123,100 | $30,000 | $93,100 |
2015 | $1,416 | $123,100 | $30,000 | $93,100 |
2014 | $1,416 | $123,100 | $30,000 | $93,100 |
Source: Public Records
Map
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