NOT LISTED FOR SALE

3500 Progress Rd Norfolk, VA 23502

Ingleside Neighborhood

Estimated Value: $6,719,679

Studio
-- Bath
81,734 Sq Ft
$82/Sq Ft Est. Value

About This Home

This home is located at 3500 Progress Rd, Norfolk, VA 23502 and is currently estimated at $6,719,679, approximately $82 per square foot. 3500 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
May 8, 2023
Sold by
Parrott Properties Llc
Bought by
Norfolk 3666 Progress Rd Llc
Current Estimated Value
$6,719,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,030,000
Outstanding Balance
$2,928,065
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$3,791,614

Purchase Details

Closed on
Jan 25, 2013
Sold by
International Paper Company
Bought by
Parrott Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,350,000
Interest Rate
3.35%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Norfolk 3666 Progress Rd Llc $6,031,000 Fidelity National Title
Parrott Properties Llc $2,750,000 Bridge Trust Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norfolk 3666 Progress Rd Llc $3,030,000
Previous Owner Parrott Properties Llc $3,350,000
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 $76,411 $6,112,900 $1,429,600 $4,683,300
2024 $73,199 $5,855,900 $1,429,600 $4,426,300
2023 $45,999 $3,679,900 $1,429,600 $2,250,300
2022 $43,351 $3,468,100 $1,340,200 $2,127,900
2021 $37,609 $3,008,700 $982,900 $2,025,800
2020 $37,903 $3,032,200 $982,900 $2,049,300
2019 $37,059 $2,964,700 $982,900 $1,981,800
2018 $35,375 $2,830,000 $982,900 $1,847,100
2017 $30,958 $2,692,000 $982,900 $1,709,100
2016 $30,810 $2,348,900 $938,100 $1,410,800
2015 $30,615 $2,348,900 $938,100 $1,410,800
2014 $30,615 $2,348,900 $938,100 $1,410,800
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23502 Ingleside

3500 Progress Rd, Norfolk, VA

Not Listed for Sale

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