NOT LISTED FOR SALE

508 Georgia Ave Norfolk, VA 23508

Colonial Place Neighborhood

Estimated Value: $312,000 - $383,000

3 Beds
2 Baths
1,500 Sq Ft
$236/Sq Ft Est. Value

About This Home

This home is located at 508 Georgia Ave, Norfolk, VA 23508 and is currently estimated at $354,745, approximately $236 per square foot. 508 Georgia Ave is a home located in Norfolk City with nearby schools including Granby Elementary School, Blair Middle School, and Maury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Shore Martha J
Bought by
Gruber Jennifer and Gruber David
Current Estimated Value
$354,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Outstanding Balance
$303,703
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$62,012

Purchase Details

Closed on
Jun 15, 2007
Sold by
Kelly Patrick J
Bought by
Shore Robert F and Shore Martha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,600
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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
Gruber Jennifer $360,000 None Listed On Document
Shore Robert F $281,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gruber Jennifer $306,000
Previous Owner Shore Robert F $252,600
Previous Owner Kelly Patrick J $79,100
Previous Owner Kelly Patrick J $22,000
Source: Public Records

Tax History Compared to Growth

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
2024 $3,528 $286,800 $65,000 $221,800
2023 $3,211 $256,900 $65,000 $191,900
2022 $3,180 $254,400 $62,500 $191,900
2021 $2,980 $238,400 $62,500 $175,900
2020 $2,960 $236,800 $59,500 $177,300
2019 $2,866 $229,300 $52,000 $177,300
2018 $2,809 $224,700 $49,500 $175,200
2017 $2,542 $221,000 $49,500 $171,500
2016 $2,542 $201,800 $45,000 $156,800
2015 $2,300 $201,800 $45,000 $156,800
2014 $2,300 $201,800 $45,000 $156,800
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23508 Colonial Place

508 Georgia Ave, Norfolk, VA

This home is located at 508 Georgia Ave, Norfolk, VA 23508 and is currently estimated at $354,745, approximately $236 per square foot. 508 Georgia Ave is a home located in Norfolk City with nearby schools including Granby Elementary School, Blair Middle School, and Maury High School.

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