NOT LISTED FOR SALE

3550 E Virginia Beach Blvd Norfolk, VA 23502

Ingleside Neighborhood

Estimated Value: $5,305,988

-- Bed
-- Bath
67,231 Sq Ft
$79/Sq Ft Est. Value

About This Home

This home is located at 3550 E Virginia Beach Blvd, Norfolk, VA 23502 and is currently estimated at $5,305,988, approximately $78 per square foot. 3550 E Virginia Beach Blvd 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
Dec 30, 2021
Sold by
3550 Evabb Llc
Bought by
Sk Realty Llc
Current Estimated Value
$5,305,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,125,000
Outstanding Balance
$1,673,560
Interest Rate
2.39%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$3,600,416

Purchase Details

Closed on
Dec 17, 2015
Sold by
Aree Llc A Virginia Limited Liability Co
Bought by
3550 Evabb Llc A Virginia Limited Liabil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,405,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2014
Sold by
Argent Development Corporation Of Virgin
Bought by
Aree Llc A Virginia Limited Liability Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
4.42%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Sk Realty Llc $4,250,000 Attorney
Sk Realty Llc $4,250,000 Fidelity National Title
3550 Evabb Llc A Virginia Limited Liabil $3,204,836 The Title Professionals Llc
Aree Llc A Virginia Limited Liability Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sk Realty Llc $2,125,000
Previous Owner 3550 Evabb Llc A Virginia Limited Liabil $20,405,000
Previous Owner Aree Llc A Virginia Limited Liability Co $1,625,000
Source: Public Records

Tax History Compared to Growth

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 $57,426 $4,594,100 $1,256,900 $3,337,200
2024 $54,751 $4,380,100 $1,256,900 $3,123,200
2023 $53,349 $4,267,900 $1,256,900 $3,011,000
2022 $45,651 $3,652,100 $1,256,900 $2,395,200
2021 $41,135 $3,290,800 $1,256,900 $2,033,900
2020 $41,398 $3,311,800 $1,256,900 $2,054,900
2019 $40,528 $3,242,200 $1,256,900 $1,985,300
2018 $38,866 $3,109,300 $1,256,900 $1,852,400
2017 $35,027 $3,045,800 $1,256,900 $1,788,900
2016 $32,968 $2,409,900 $1,256,900 $1,153,000
2015 $28,019 $2,409,900 $1,256,900 $1,153,000
2014 $28,019 $2,409,900 $1,256,900 $1,153,000
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23502 Ingleside

3550 E Virginia Beach Blvd, Norfolk, VA

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