3338 Loam St Norfolk, VA 23518
Norvella Heights NeighborhoodEstimated Value: $260,000 - $306,000
3
Beds
2
Baths
1,104
Sq Ft
$250/Sq Ft
Est. Value
About This Home
This home is located at 3338 Loam St, Norfolk, VA 23518 and is currently estimated at $276,531, approximately $250 per square foot. 3338 Loam St is a home located in Norfolk City with nearby schools including Tanners Creek Elementary School, Azalea Gardens Middle School, and Lake Taylor High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 17, 2025
Sold by
Hannay Zachary
Bought by
Waters Emma and Dement William
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
$295,213
Outstanding Balance
$291,980
Interest Rate
7.04%
Mortgage Type
VA
Estimated Equity
-$15,449
Purchase Details
Closed on
Jan 12, 2023
Sold by
Secretary Of Veterans Affairs
Bought by
Hannay Zachary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
6.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 22, 2022
Sold by
Freedom Mortgage Corporation
Bought by
Secretary Of Veterans Affairs
Purchase Details
Closed on
Jul 25, 2022
Sold by
Ras Trustee Services Llc
Bought by
Proffitt Coleby E and Freedom Mortgage Corporation
Purchase Details
Closed on
Sep 8, 2020
Sold by
Mozart Investment Llc
Bought by
Proffitt Coleby E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
2.9%
Mortgage Type
VA
Purchase Details
Closed on
Feb 14, 2020
Sold by
The Estate Of Anthony Earnest Lee
Bought by
Mozart Investment Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.5%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Waters Emma | -- | None Listed On Document | |
| Waters Emma | $289,000 | Fidelity National Title | |
| Hannay Zachary | $207,000 | None Listed On Document | |
| Secretary Of Veterans Affairs | -- | Title365 | |
| Proffitt Coleby E | $206,763 | Crane & Partners Pllc | |
| Proffitt Coleby E | $220,000 | Accommodation | |
| Mozart Investment Llc | $81,500 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Waters Emma | $295,213 | |
| Previous Owner | Hannay Zachary | $165,600 | |
| Previous Owner | Proffitt Coleby E | $220,000 | |
| Previous Owner | Mozart Investment Llc | $120,000 |
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 | $2,724 | $217,900 | $49,000 | $168,900 |
| 2024 | $2,200 | $162,700 | $49,000 | $113,700 |
| 2023 | $1,819 | $145,500 | $44,600 | $100,900 |
| 2022 | $1,819 | $145,500 | $44,600 | $100,900 |
| 2021 | $1,684 | $134,700 | $42,500 | $92,200 |
| 2020 | $1,684 | $134,700 | $42,500 | $92,200 |
| 2019 | $1,684 | $134,700 | $42,500 | $92,200 |
| 2018 | $1,723 | $137,800 | $42,500 | $95,300 |
| 2017 | $1,576 | $137,000 | $42,500 | $94,500 |
| 2016 | $1,576 | $139,200 | $42,500 | $96,700 |
| 2015 | $1,588 | $139,200 | $42,500 | $96,700 |
| 2014 | $1,588 | $139,200 | $42,500 | $96,700 |
Source: Public Records
Map
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