516 Biltmore Rd Norfolk, VA 23505
Cottage Row Park/Denby Park NeighborhoodEstimated Value: $240,000 - $254,000
3
Beds
1
Bath
1,100
Sq Ft
$225/Sq Ft
Est. Value
About This Home
This home is located at 516 Biltmore Rd, Norfolk, VA 23505 and is currently estimated at $247,031, approximately $224 per square foot. 516 Biltmore Rd is a home located in Norfolk City with nearby schools including Suburban Park Elementary School, Northside Middle School, and Granby High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 28, 2024
Sold by
Righter Vincent R and Cui Meng Y
Bought by
Miller Christopher Wayne
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
$60,000
Outstanding Balance
$59,285
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$176,609
Purchase Details
Closed on
Oct 1, 2015
Sold by
Hughes James M and Hughes Anne A
Bought by
Righter Vincent R and Cui Meng Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,773
Interest Rate
3.95%
Mortgage Type
VA
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 |
---|---|---|---|
Miller Christopher Wayne | $234,000 | Priority Title & Escrow | |
Righter Vincent R | $129,000 | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Miller Christopher Wayne | $60,000 | |
Open | Miller Christopher Wayne | $174,320 | |
Previous Owner | Righter Vincent R | $120,790 | |
Previous Owner | Righter Vincent R | $130,408 | |
Previous Owner | Righter Vincent R | $131,773 |
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 |
---|---|---|---|---|
2024 | $2,684 | $218,200 | $66,000 | $152,200 |
2023 | $2,391 | $191,300 | $66,000 | $125,300 |
2022 | $2,118 | $169,400 | $55,000 | $114,400 |
2021 | $1,810 | $144,800 | $44,000 | $100,800 |
2020 | $1,753 | $140,200 | $42,500 | $97,700 |
2019 | $1,665 | $133,200 | $37,500 | $95,700 |
2018 | $1,626 | $130,100 | $37,500 | $92,600 |
2017 | $1,463 | $127,200 | $37,500 | $89,700 |
2016 | $1,465 | $116,400 | $37,500 | $78,900 |
2015 | $1,339 | $116,400 | $37,500 | $78,900 |
2014 | $1,339 | $116,400 | $37,500 | $78,900 |
Source: Public Records
Map
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