NOT LISTED FOR SALE

500 E Main St Norfolk, VA 23510

Downtown Norfolk Neighborhood

Estimated Value: $19,449,542

Studio
-- Bath
285,792 Sq Ft
$68/Sq Ft Est. Value

About This Home

This home is located at 500 E Main St, Norfolk, VA 23510 and is currently estimated at $19,449,542, approximately $68 per square foot. 500 E Main St is a home located in Norfolk City with nearby schools including P.B. Young Sr. Elementary School, Ruffner Middle School, and Blair Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2016
Sold by
Mlcfc 2007-9 Complex 500 Llc A Virginia
Bought by
Rp Norfolk Llc and 500 East Main Street Llc
Current Estimated Value
$19,449,542

Purchase Details

Closed on
Apr 7, 2016
Sold by
Lingerfelt Substitute Trustee David L
Bought by
Mlcfc 2007-9 Complex 500 Llc

Purchase Details

Closed on
Apr 29, 2013
Sold by
Patel Vijay C and Patel Minaskshi V
Bought by
Reshma Llc

Purchase Details

Closed on
May 5, 2008
Sold by
Little Creek Acquisition Inc
Bought by
Grand Caf Associates Pa Llp

Purchase Details

Closed on
Aug 29, 2007
Sold by
Direct Invest 500 East Main Llc
Bought by
Direct Invest 500 East Main 30 Llc

Purchase Details

Closed on
Jul 26, 2007
Sold by
Direct Invest 500 East Main Llc
Bought by
Direct Invest 500 East Main 22 Llc

Purchase Details

Closed on
Jul 10, 2007
Sold by
Direct Invest 500 East Main Llc
Bought by
Direct Invest 500 East Main 10 Llc

Purchase Details

Closed on
Jun 28, 2007
Sold by
Direct Invest-500 East Main Llc
Bought by
Direct Invest-500 East Main 8 Llc

Purchase Details

Closed on
Jun 21, 2007
Sold by
Direct Invest-500 East Main Llc
Bought by
Direct Invest-500 East Main 6 Llc

Purchase Details

Closed on
Mar 12, 2007
Sold by
Main Financial Assn Llc
Bought by
Direct Invest 500 East Main Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000,000
Interest Rate
6.3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Rp Norfolk Llc $11,287,500 Novare National Selmnt Sev
Mlcfc 2007-9 Complex 500 Llc $6,425,000 None Available
Reshma Llc -- None Available
Grand Caf Associates Pa Llp $495,000 Lawyers Title Insurance Co
Direct Invest 500 East Main 30 Llc $1,537,652 Lawyers Title Insurance Corp
Direct Invest 500 East Main 29 Llc $498,919 Lawyers Title Insurance Corp
Direct Invest 500 East Main 28 Llc $1,693,053 Lawyers Title Insurance Corp
Direct Invest 500 East Main 27 Llc $1,185,955 Lawyers Title Insurance Corp
Direct Invest 500 East Main 26 Llc $318,981 Lawyers Title Insurance Corp
Direct Invest 500 East Main 25 Llc $850,616 Lawyers Title Insurance Corp
Direct Invest 500 East Main 24 Llc $3,827,772 Lawyers Title Insurance Corp
Direct Invest 500 East Main 23 Llc $1,161,418 Lawyers Title Insurance Corp
Direct Invest 500 East Main 11 Llc $327,160 Lawyers Title Insurance Corp
Direct Invest 500 East Main 22 Llc $605,246 Lawyers Title Insurance Corp
Direct Invest 500 East Main 21 Llc $605,246 Lawyers Title Insurance Corp
Direct Invest 500 East Main 20 Llc $1,194,134 Lawyers Title Insurance Corp
Direct Invest 500 East Main 19 Llc $989,659 Lawyers Title Insurance Corp
Direct Invest 500 East Main 18 Llc $3,925,920 Lawyers Title Insurance Corp
Direct Invest 500 East Main 17 Llc $3,386,106 Lawyers Title Insurance Corp
Direct Invest 500 East Main 16 Llc $1,382,251 Lawyers Title Insurance Corp
Direct Invest 500 East Main 15 Llc $482,561 Lawyers Title
Direct Invest 500 East Main 13 Llc $278,086 Lawyers Title
Direct Invest 500 East Main 10 Llc $1,161,418 Lawyers Title Insurance Corp
Direct Invest-500 East Main 8 Llc $1,537,652 Lawyers Title Insurance Corp
Direct Invest-500 East Main 7 Llc $2,420,984 Lawyers Title Insurance Corp
Direct Invest-500 East Main 9 Llc $2,412,805 Lawyers Title Insurance Corp
Direct Invest-500 East Main 6 Llc $1,251,387 Lawyers Title Insurance Corp
Direct Invest-500 East Main 5 Llc $1,030,554 Lawyers Title Insurance Corp
Direct Invest-500 East Main 4 Llc $777,005 Lawyers Title Insurance Corp
Direct Invest 500 East Main 3 Llc $1,194,134 Lawyers Title Insurance Corp
Direct Invest 500 East Main 2 Llc $1,292,282 Lawyers Title Insurance Corp
Direct Invest 500 East Main 1 Llc $1,464,041 Lawyers Title Insurance Corp
Direct Invest 500 East Main Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Direct Invest 500 East Main Llc $24,000,000
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 $293,376 $20,806,800 $1,690,500 $19,116,300
2024 $310,961 $22,054,000 $1,690,500 $20,363,500
2023 $310,961 $22,054,000 $1,690,500 $20,363,500
2022 $304,024 $21,562,000 $1,690,500 $19,871,500
2021 $315,826 $22,399,000 $1,690,500 $20,708,500
2020 $315,826 $22,399,000 $1,690,500 $20,708,500
2019 $289,507 $20,532,400 $1,690,500 $18,841,900
2018 $280,328 $19,881,400 $1,352,400 $18,529,000
2017 $267,125 $20,391,200 $1,352,400 $19,038,800
2016 $263,210 $21,535,400 $1,352,400 $20,183,000
2015 $299,243 $21,535,400 $1,352,400 $20,183,000
2014 $299,243 $21,535,400 $1,352,400 $20,183,000
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23510 Downtown Norfolk

500 E Main St, Norfolk, VA

Not Listed for Sale

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