NOT LISTED FOR SALE

508 W Olney Rd Norfolk, VA 23507

Ghent Neighborhood

Estimated Value: $445,540 - $595,000

4 Beds
3 Baths
2,068 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 508 W Olney Rd, Norfolk, VA 23507 and is currently estimated at $518,385, approximately $250 per square foot. 508 W Olney Rd 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
Jul 21, 2017
Sold by
Provost Ashley Williams
Bought by
Gilkeson Robert B and Bobbitt Elizabeth B
Current Estimated Value
$518,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Outstanding Balance
$45,613
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$472,772

Purchase Details

Closed on
Apr 17, 2008
Sold by
Forrest Andrew D and Forrest Ann L
Bought by
Williams Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2005
Sold by
Forrest Andrew D and Forrest Ann L
Bought by
Forrest Andrew D and Forrest Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,649
Interest Rate
5.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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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
Gilkeson Robert B $364,900 Fidelity National Title
Williams Ashley $385,000 Reliant Title
Forrest Andrew D -- --
Forrest Andrew D $351,649 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilkeson Robert B $54,900
Previous Owner Williams Ashley $308,000
Previous Owner Forrest Andrew D $331,649
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 $4,344 $347,500 $75,000 $272,500
2024 $4,279 $342,300 $75,000 $267,300
2023 $4,279 $342,300 $75,000 $267,300
2022 $4,235 $338,800 $71,500 $267,300
2021 $4,009 $320,700 $71,500 $249,200
2020 $3,921 $313,700 $64,500 $249,200
2019 $3,750 $300,000 $60,000 $240,000
2018 $3,416 $273,300 $60,000 $213,300
2017 $3,021 $262,700 $60,000 $202,700
2016 $3,206 $242,500 $60,000 $182,500
2015 $2,899 $242,500 $60,000 $182,500
2014 $2,899 $242,500 $60,000 $182,500
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23507 Ghent

508 W Olney Rd, 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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