3502 Somme Ave Norfolk, VA 23509
Fairmount Park NeighborhoodEstimated Value: $375,000 - $429,570
5
Beds
3
Baths
2,200
Sq Ft
$184/Sq Ft
Est. Value
About This Home
This home is located at 3502 Somme Ave, Norfolk, VA 23509 and is currently estimated at $405,893, approximately $184 per square foot. 3502 Somme Ave is a home located in Norfolk City with nearby schools including Frances E. Willard Model Elementary School, Norview Middle School, and Maury High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 5, 2024
Sold by
Onouha Michael Chukwuma
Bought by
Zeigler White Stanley
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
$408,035
Outstanding Balance
$406,610
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
-$1,684
Purchase Details
Closed on
Aug 29, 2022
Sold by
Wh Chesapeake Llc
Bought by
Onuoha Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,740
Interest Rate
5.51%
Mortgage Type
VA
Purchase Details
Closed on
Dec 3, 2021
Sold by
Hellenbrad Gordy F and The Gordy F Hellenbrad Living
Bought by
Wh Chesapeake Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Zeigler White Stanley | $417,000 | Universal Title | |
Onuoha Michael | $380,000 | Old Republic National Title | |
Wh Chesapeake Llc | $105,000 | Attorney |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Zeigler White Stanley | $408,035 | |
Previous Owner | Onuoha Michael | $388,740 |
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 | $5,152 | $418,900 | $68,500 | $350,400 |
2023 | $4,941 | $395,300 | $65,000 | $330,300 |
2022 | $4,268 | $268,800 | $54,000 | $214,800 |
2021 | $1,688 | $164,600 | $46,500 | $118,100 |
2020 | $1,891 | $151,300 | $37,500 | $113,800 |
2019 | $1,848 | $147,800 | $34,000 | $113,800 |
2018 | $1,775 | $142,000 | $34,000 | $108,000 |
2017 | $1,624 | $141,200 | $34,000 | $107,200 |
2016 | $1,624 | $139,500 | $34,100 | $105,400 |
2015 | $1,630 | $139,500 | $34,100 | $105,400 |
2014 | $1,630 | $139,500 | $34,100 | $105,400 |
Source: Public Records
Map
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