3387 Progress Rd Norfolk, VA 23502
Ingleside NeighborhoodEstimated Value: $1,289,638
Studio
--
Bath
4,955
Sq Ft
$260/Sq Ft
Est. Value
About This Home
This home is located at 3387 Progress Rd, Norfolk, VA 23502 and is currently estimated at $1,289,638, approximately $260 per square foot. 3387 Progress Rd is a home located in Norfolk City with nearby schools including Ingleside Elementary School, Norview Middle School, and B.T. Washington High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 13, 2017
Sold by
Oil Equipment Properties Llc A Virginia
Bought by
Mpg Properties Llc A Virginia Limited Li
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
$720,000
Outstanding Balance
$590,181
Interest Rate
4.02%
Mortgage Type
Commercial
Estimated Equity
$699,457
Purchase Details
Closed on
May 25, 2005
Sold by
Groce Thomas A and Groce Lucille C
Bought by
Oil Equipment Properties Llp
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mpg Properties Llc A Virginia Limited Li | $720,000 | Attorney | |
| Oil Equipment Properties Llp | $635,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mpg Properties Llc A Virginia Limited Li | $720,000 |
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 | $14,138 | $1,131,000 | $528,300 | $602,700 |
| 2024 | $13,849 | $1,107,900 | $528,300 | $579,600 |
| 2023 | $13,630 | $1,090,400 | $528,300 | $562,100 |
| 2022 | $13,053 | $1,044,200 | $495,300 | $548,900 |
| 2021 | $11,178 | $894,200 | $363,200 | $531,000 |
| 2020 | $11,236 | $898,900 | $363,200 | $535,700 |
| 2019 | $11,048 | $883,800 | $363,200 | $520,600 |
| 2018 | $10,921 | $873,700 | $363,200 | $510,500 |
| 2017 | $10,040 | $873,000 | $363,200 | $509,800 |
| 2016 | $8,431 | $699,500 | $346,700 | $352,800 |
| 2015 | $8,217 | $699,500 | $346,700 | $352,800 |
| 2014 | $8,217 | $699,500 | $346,700 | $352,800 |
Source: Public Records
Map
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