NOT LISTED FOR SALE

505 E Gilpin Ave Norfolk, VA 23503

Northside Neighborhood

Estimated Value: $337,000 - $357,061

3 Beds
2 Baths
1,479 Sq Ft
$235/Sq Ft Est. Value

About This Home

This home is located at 505 E Gilpin Ave, Norfolk, VA 23503 and is currently estimated at $348,015, approximately $235 per square foot. 505 E Gilpin Ave is a home located in Norfolk City with nearby schools including Oceanair Elementary School, Northside Middle School, and Granby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2022
Sold by
Scanlin David M
Bought by
Enoch Albert L and Enoch Nancy M
Current Estimated Value
$348,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,750
Outstanding Balance
$246,690
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$101,325

Purchase Details

Closed on
Nov 19, 2008
Sold by
Scanlin David M
Bought by
Scanlin David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,100
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2007
Sold by
Johnson Sidney L
Bought by
Scanlin Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.59%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Enoch Albert L $275,000 None Listed On Document
Scanlin David M -- Stewart Title
Scanlin Inc $112,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enoch Albert L $266,750
Previous Owner Scanlin David M $86,100
Previous Owner Scanlin Inc $180,000
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 $4,674 $373,900 $125,600 $248,300
2024 $4,466 $363,100 $125,600 $237,500
2023 $4,138 $331,000 $125,600 $205,400
2022 $3,780 $302,400 $100,700 $201,700
2021 $3,447 $265,800 $91,600 $174,200
2020 $1,904 $152,300 $79,400 $72,900
2019 $1,741 $139,300 $69,000 $70,300
2018 $1,665 $133,200 $69,000 $64,200
2017 $1,518 $132,000 $69,000 $63,000
2016 $1,518 $134,400 $69,000 $65,400
2015 $1,536 $134,400 $69,000 $65,400
2014 $1,536 $134,400 $69,000 $65,400
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23503 Northside

505 E Gilpin Ave, Norfolk, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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