512 Marchant Rd Norfolk, VA 23505
Oakdale Farms NeighborhoodEstimated Value: $429,893 - $469,000
4
Beds
3
Baths
2,400
Sq Ft
$186/Sq Ft
Est. Value
About This Home
This home is located at 512 Marchant Rd, Norfolk, VA 23505 and is currently estimated at $447,473, approximately $186 per square foot. 512 Marchant 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
Feb 1, 2019
Sold by
Al & L Development Corp
Bought by
Che Eric N
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
$311,557
Outstanding Balance
$274,467
Interest Rate
4.6%
Mortgage Type
VA
Estimated Equity
$173,006
Purchase Details
Closed on
Mar 1, 2018
Sold by
Svt Homes Llc A Virginia Limited Liabili
Bought by
Al & L Development Corp A Virginia Corpora
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.32%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 1, 2014
Sold by
Tosoc Saturnino V and Tosoc Henrietta D
Bought by
Svt Homes Llc A Virginia Limited Liabili
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Che Eric N | $305,000 | Liberty Title & Escrow | |
| Al & L Development Corp A Virginia Corpora | $80,000 | Attorney | |
| Svt Homes Llc A Virginia Limited Liabili | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Che Eric N | $311,557 | |
| Previous Owner | Al & L Development Corp A Virginia Corpora | $140,000 |
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 | $5,038 | $403,000 | $81,500 | $321,500 |
| 2024 | $4,846 | $387,700 | $81,500 | $306,200 |
| 2023 | $4,318 | $345,400 | $81,500 | $263,900 |
| 2022 | $3,993 | $319,400 | $60,500 | $258,900 |
| 2021 | $3,628 | $290,200 | $55,000 | $235,200 |
| 2020 | $3,565 | $285,200 | $50,000 | $235,200 |
| 2019 | $3,565 | $285,200 | $50,000 | $235,200 |
| 2018 | $625 | $50,000 | $50,000 | $0 |
| 2017 | $1,319 | $114,700 | $50,000 | $64,700 |
| 2016 | $1,288 | $111,900 | $50,000 | $61,900 |
| 2015 | $1,278 | $111,900 | $50,000 | $61,900 |
| 2014 | $1,278 | $111,900 | $50,000 | $61,900 |
Source: Public Records
Map
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