359 Cherry St Norfolk, VA 23503
West Ocean View NeighborhoodEstimated Value: $259,000 - $348,000
4
Beds
2
Baths
1,666
Sq Ft
$177/Sq Ft
Est. Value
About This Home
This home is located at 359 Cherry St, Norfolk, VA 23503 and is currently estimated at $295,508, approximately $177 per square foot. 359 Cherry St is a home located in Norfolk City with nearby schools including Ocean View Elementary School, Northside Middle School, and Granby High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 30, 2018
Sold by
Mcrae Willie L
Bought by
Bailey Donald and Bailey Robyn
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
$97,425
Outstanding Balance
$82,510
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$212,998
Purchase Details
Closed on
Sep 25, 2007
Sold by
G & A Rental Properties Llc
Bought by
Mcrae Willie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 3, 2006
Sold by
Mcrae Willie L
Bought by
G & A Rental Properties Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bailey Donald | $129,900 | Attorney | |
| Mcrae Willie L | -- | Harbor Title & Escrow | |
| G & A Rental Properties Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bailey Donald | $97,425 | |
| Previous Owner | Mcrae Willie L | $129,500 |
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 | $3,109 | $248,700 | $94,100 | $154,600 |
| 2024 | $2,900 | $235,800 | $94,100 | $141,700 |
| 2023 | $2,683 | $214,600 | $88,000 | $126,600 |
| 2022 | $2,623 | $209,800 | $84,400 | $125,400 |
| 2021 | $2,305 | $184,400 | $79,600 | $104,800 |
| 2020 | $2,056 | $164,500 | $69,300 | $95,200 |
| 2019 | $1,981 | $158,500 | $69,300 | $89,200 |
| 2018 | $1,979 | $158,300 | $69,300 | $89,000 |
| 2017 | $1,774 | $154,300 | $69,300 | $85,000 |
| 2016 | $1,739 | $171,400 | $77,000 | $94,400 |
| 2015 | $1,971 | $171,400 | $77,000 | $94,400 |
| 2014 | $1,971 | $171,400 | $77,000 | $94,400 |
Source: Public Records
Map
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