NOT LISTED FOR SALE

4500 Progress Rd Norfolk, VA 23502

Ingleside Neighborhood

Estimated Value: $4,907,313

-- Bed
-- Bath
66,000 Sq Ft
$74/Sq Ft Est. Value

About This Home

This home is located at 4500 Progress Rd, Norfolk, VA 23502 and is currently estimated at $4,907,313, approximately $74 per square foot. 4500 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
Apr 12, 2021
Sold by
Wheeler Commercial Properties Llc
Bought by
Club Forest Progress Road Llc
Current Estimated Value
$4,907,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,675,000
Outstanding Balance
$2,415,201
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,492,112
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
Club Forest Progress Road Llc $3,750,000 Bridgetrust Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Club Forest Progress Road Llc $2,675,000
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 $42,266 $3,381,300 $1,359,200 $2,022,100
2024 $41,195 $3,295,600 $1,359,200 $1,936,400
2023 $40,331 $3,226,500 $1,359,200 $1,867,300
2022 $37,975 $3,038,000 $1,274,300 $1,763,700
2021 $33,311 $2,664,900 $934,500 $1,730,400
2020 $33,535 $2,682,800 $934,500 $1,748,300
2019 $32,798 $2,623,800 $934,500 $1,689,300
2018 $31,685 $2,534,800 $934,500 $1,600,300
2017 $28,469 $2,475,600 $934,500 $1,541,100
2016 $27,341 $2,334,500 $892,000 $1,442,500
2015 $27,079 $2,334,500 $892,000 $1,442,500
2014 $27,079 $2,334,500 $892,000 $1,442,500
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23502 Ingleside

4500 Progress Rd, Norfolk, VA

This home is located at 4500 Progress Rd, Norfolk, VA 23502 and is currently estimated at $4,907,313, approximately $74 per square foot. 4500 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.

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