508 Colonial Ave Norfolk, VA 23507
Ghent Square NeighborhoodEstimated Value: $470,386 - $560,000
3
Beds
3
Baths
2,516
Sq Ft
$204/Sq Ft
Est. Value
About This Home
This home is located at 508 Colonial Ave, Norfolk, VA 23507 and is currently estimated at $513,847, approximately $204 per square foot. 508 Colonial Ave is a home located in Norfolk City with nearby schools including W.H. Taylor Elementary School, Blair Middle School, and Maury High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 25, 2016
Sold by
Blanchard Anne C
Bought by
Lipskis Stephan J and Wynn Briana
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
$304,000
Outstanding Balance
$241,372
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$272,475
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lipskis Stephan J | $320,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lipskis Stephan J | $304,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,203 | $416,200 | $101,500 | $314,700 |
| 2024 | $5,101 | $408,100 | $101,500 | $306,600 |
| 2023 | $5,101 | $408,100 | $101,500 | $306,600 |
| 2022 | $5,039 | $403,100 | $96,500 | $306,600 |
| 2021 | $4,659 | $372,700 | $96,500 | $276,200 |
| 2020 | $4,559 | $364,700 | $88,500 | $276,200 |
| 2019 | $4,360 | $348,800 | $83,000 | $265,800 |
| 2018 | $4,408 | $352,600 | $83,000 | $269,600 |
| 2017 | $3,974 | $345,600 | $83,000 | $262,600 |
| 2016 | $4,118 | $405,100 | $83,000 | $322,100 |
| 2015 | $4,269 | $405,100 | $83,000 | $322,100 |
| 2014 | $4,269 | $405,100 | $83,000 | $322,100 |
Source: Public Records
Map
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