NOT LISTED FOR SALE

508 Leonard Rd Norfolk, VA 23505

Oakdale Farms Neighborhood

Estimated Value: $236,000 - $262,000

3 Beds
1 Bath
1,000 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 508 Leonard Rd, Norfolk, VA 23505 and is currently estimated at $248,456, approximately $248 per square foot. 508 Leonard Rd is a home located in Norfolk City with nearby schools including Crossroads School, Norview Middle School, and Granby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2022
Sold by
Velazquez Alex
Bought by
Woodard Kelsey
Current Estimated Value
$248,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,830
Outstanding Balance
$204,632
Interest Rate
5.23%
Mortgage Type
VA
Estimated Equity
$43,824

Purchase Details

Closed on
May 2, 2007
Sold by
Lee Dawn
Bought by
Velazquez Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
6.23%
Mortgage Type
VA

Purchase Details

Closed on
Jan 5, 2007
Sold by
Parris Wallace D
Bought by
Lee Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Woodard Kelsey $210,000 Priority Title
Velazquez Alex $167,900 Eastern Title Company
Lee Dawn $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodard Kelsey $214,830
Previous Owner Velazquez Alex $171,500
Previous Owner Lee Dawn $99,000
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 $2,686 $214,900 $81,500 $133,400
2024 $2,460 $200,000 $81,500 $118,500
2023 $2,300 $184,000 $81,500 $102,500
2022 $1,901 $152,100 $60,500 $91,600
2021 $1,758 $140,600 $55,000 $85,600
2020 $1,695 $135,600 $50,000 $85,600
2019 $1,695 $135,600 $50,000 $85,600
2018 $1,680 $134,400 $50,000 $84,400
2017 $1,525 $132,600 $50,000 $82,600
2016 $1,490 $127,500 $50,000 $77,500
2015 $1,466 $127,500 $50,000 $77,500
2014 $1,466 $127,500 $50,000 $77,500
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23505 Oakdale Farms

508 Leonard Rd, Norfolk, VA

Not Listed for Sale

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