NOT LISTED FOR SALE

516 Marchant Rd Norfolk, VA 23505

Oakdale Farms Neighborhood

Estimated Value: $313,000 - $319,470

4 Beds
2 Baths
1,400 Sq Ft
$226/Sq Ft Est. Value

About This Home

This home is located at 516 Marchant Rd, Norfolk, VA 23505 and is currently estimated at $316,868, approximately $226 per square foot. 516 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
Sep 7, 2023
Sold by
Benner Richard H
Bought by
Ntumngia Rose
Current Estimated Value
$316,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$293,456
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$23,412

Purchase Details

Closed on
May 2, 2018
Sold by
Mozart Investment Llc A Virginia Limited
Bought by
Benner Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,305
Interest Rate
4.44%
Mortgage Type
VA

Purchase Details

Closed on
Oct 23, 2017
Sold by
Svt Homes Llc A Virginia Limited Liabili
Bought by
Mozart Investment Llc A Virginia Limited

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

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
Source: Public Records

Range of Values:

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
Ntumngia Rose $300,000 Noble Title
Benner Richard H $204,900 Attorney
Mozart Investment Llc A Virginia Limited $85,000 Attorney
Svt Homes Llc A Virginia Limited Liabili -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ntumngia Rose $300,000
Previous Owner Benner Richard H $209,305
Previous Owner Mozart Investment Llc A Virginia Limited $120,000
Source: Public Records

Tax History Compared to Growth

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 $3,728 $298,200 $81,500 $216,700
2024 $3,482 $283,100 $81,500 $201,600
2023 $3,157 $240,900 $81,500 $159,400
2022 $2,715 $217,200 $60,500 $156,700
2021 $2,485 $198,800 $55,000 $143,800
2020 $2,423 $193,800 $50,000 $143,800
2019 $2,423 $193,800 $50,000 $143,800
2018 $2,356 $188,500 $50,000 $138,500
2017 $1,738 $151,100 $50,000 $101,100
2016 $1,699 $132,500 $50,000 $82,500
2015 $1,512 $132,500 $50,000 $82,500
2014 $1,512 $132,500 $50,000 $82,500
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23505 Oakdale Farms

516 Marchant Rd, Norfolk, VA

This home is located at 516 Marchant Rd, Norfolk, VA 23505 and is currently estimated at $316,868, approximately $226 per square foot. 516 Marchant Rd is a home located in Norfolk City with nearby schools including Crossroads School, Norview Middle School, and Granby High School.

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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