4500 Progress Rd Norfolk, VA 23502
Ingleside NeighborhoodEstimated Value: $4,880,310
Studio
--
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 $4,880,310, approximately $73 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
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
$2,383,564
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,496,746
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Home Values in the Area
Average Home Value in this Area
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
| 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
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