506 Walker Ave Norfolk, VA 23523
Berkley NeighborhoodEstimated Value: $184,000 - $242,000
6
Beds
2
Baths
1,650
Sq Ft
$135/Sq Ft
Est. Value
About This Home
This home is located at 506 Walker Ave, Norfolk, VA 23523 and is currently estimated at $222,123, approximately $134 per square foot. 506 Walker Ave is a home located in Norfolk City with nearby schools including St. Helena Elementary School, Blair Middle School, and Maury High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 28, 2022
Sold by
Klassic Development Llc
Bought by
Tvree Ronald Lee
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
$164,957
Outstanding Balance
$155,785
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$66,338
Purchase Details
Closed on
Oct 24, 2008
Sold by
Vincent Sherman A
Bought by
Klassic Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tvree Ronald Lee | $168,000 | Boston National Title | |
| Klassic Development Llc | -- | Landamerica |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tvree Ronald Lee | $164,957 | |
| Previous Owner | Klassic Development Llc | $96,800 |
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 | $2,191 | $175,300 | $33,000 | $142,300 |
| 2024 | $2,081 | $169,200 | $33,000 | $136,200 |
| 2023 | $1,874 | $149,900 | $33,000 | $116,900 |
| 2022 | $1,651 | $132,100 | $22,800 | $109,300 |
| 2021 | $1,483 | $118,600 | $19,800 | $98,800 |
| 2020 | $1,460 | $116,800 | $18,000 | $98,800 |
| 2019 | $1,408 | $112,600 | $18,000 | $94,600 |
| 2018 | $1,335 | $106,800 | $18,000 | $88,800 |
| 2017 | $1,206 | $104,900 | $18,000 | $86,900 |
| 2016 | $1,228 | $111,900 | $18,000 | $93,900 |
| 2015 | $1,231 | $111,900 | $18,000 | $93,900 |
| 2014 | $1,231 | $111,900 | $18,000 | $93,900 |
Source: Public Records
Map
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