NOT LISTED FOR SALE

Estimated Value: $485,000 - $710,000

3 Beds
3 Baths
2,257 Sq Ft
$263/Sq Ft Est. Value

About This Home

This home is located at 40 Rader St Unit 504, Norfolk, VA 23510 and is currently estimated at $593,055, approximately $262 per square foot. 40 Rader St Unit 504 is a home located in Norfolk City with nearby schools including W.H. Taylor Elementary School, Blair Middle School, and Maury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Dechert Revocable Trust
Bought by
Webb Melody Marie
Current Estimated Value
$593,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$348,615
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$218,395

Purchase Details

Closed on
Dec 18, 2018
Sold by
Dechert Daniel S and Dechert Mary M
Bought by
Dechert Daniel S and Dechert Mary M

Purchase Details

Closed on
Aug 8, 2011
Sold by
Dechert Daniel S and Dechert Shannon F
Bought by
Dechert Daniel S and Dechert Mary M

Purchase Details

Closed on
May 22, 2008
Sold by
Moss Thomas W and Moss Norma J
Bought by
Dechert Daniel S and Dechert Shannon F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2006
Sold by
Knox Stephen A and Wilkins Annette V
Bought by
Moss Thomas W and Moss Norma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.62%
Mortgage Type
New Conventional
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

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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
Webb Melody Marie $580,000 Clear Title & Escrow Settlemen
Dechert Daniel S -- None Available
Dechert Daniel S $412,000 None Available
Dechert Daniel S $639,000 Fidelity National Title
Moss Thomas W $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Melody Marie $380,000
Previous Owner Dechert Daniel S $417,000
Previous Owner Dechert Daniel S $325,000
Previous Owner Moss Thomas Warren $340,000
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
2024 $6,958 $565,700 $100,500 $465,200
2023 $6,403 $512,200 $100,500 $411,700
2022 $5,075 $406,000 $80,400 $325,600
2021 $4,323 $345,800 $56,300 $289,500
2020 $4,535 $362,800 $48,200 $314,600
2019 $4,535 $362,800 $48,200 $314,600
2018 $5,279 $422,300 $48,200 $374,100
2017 $5,353 $465,500 $48,200 $417,300
2016 $5,353 $495,400 $48,400 $447,000
2015 $5,643 $495,400 $48,400 $447,000
2014 $5,643 $495,400 $48,400 $447,000
Source: Public Records

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