514 Colonial Ave Norfolk, VA 23507
Ghent Square NeighborhoodEstimated Value: $605,000 - $705,000
3
Beds
4
Baths
2,700
Sq Ft
$238/Sq Ft
Est. Value
About This Home
This home is located at 514 Colonial Ave, Norfolk, VA 23507 and is currently estimated at $642,933, approximately $238 per square foot. 514 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, 2022
Sold by
King Michael E and King Linda A
Bought by
Diamonstein Richard G and Diamonstein Beth P
Current Estimated Value
Purchase Details
Closed on
Feb 1, 2019
Sold by
Pennington Anderson John Joseph and Pennington Anderson Pamela
Bought by
King Michael E and King Linda A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 13, 2010
Sold by
Pruden Peter D
Bought by
Anderson John Joseph and Anderson Pamela Pennington
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 21, 2005
Sold by
Sellew Frances B
Bought by
Peter D Pruden Iii Revocable Trust
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 |
|---|---|---|---|
| Diamonstein Richard G | $640,000 | Fidelity National Title | |
| King Michael E | $555,000 | Barristers Of Virginia | |
| Anderson John Joseph | $600,000 | -- | |
| Peter D Pruden Iii Revocable Trust | $547,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | King Michael E | $405,000 | |
| Previous Owner | Anderson John Joseph | $190,000 |
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 | $7,621 | $609,700 | $85,000 | $524,700 |
| 2024 | $7,306 | $584,500 | $85,000 | $499,500 |
| 2023 | $7,168 | $573,400 | $85,000 | $488,400 |
| 2022 | $7,118 | $569,400 | $81,000 | $488,400 |
| 2021 | $6,998 | $559,800 | $81,000 | $478,800 |
| 2020 | $6,904 | $552,300 | $73,500 | $478,800 |
| 2019 | $6,618 | $529,400 | $68,500 | $460,900 |
| 2018 | $6,220 | $497,600 | $68,500 | $429,100 |
| 2017 | $5,582 | $485,400 | $68,500 | $416,900 |
| 2016 | $5,964 | $510,800 | $68,500 | $442,300 |
| 2015 | $5,339 | $510,800 | $68,500 | $442,300 |
| 2014 | $5,339 | $510,800 | $68,500 | $442,300 |
Source: Public Records
Map
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