NOT LISTED FOR SALE

5227 Rolfe Ave Norfolk, VA 23508

Larchmont/Edgewater Neighborhood

Estimated Value: $442,000 - $462,000

3 Beds
2 Baths
2,000 Sq Ft
$226/Sq Ft Est. Value

About This Home

This home is located at 5227 Rolfe Ave, Norfolk, VA 23508 and is currently estimated at $452,537, approximately $226 per square foot. 5227 Rolfe Ave is a home located in Norfolk City with nearby schools including Larchmont Elementary School, Blair Middle School, and Maury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2021
Sold by
The Estate Of Martha M Demontpellier
Bought by
Krause David J and Krause Cynthia
Current Estimated Value
$450,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Outstanding Balance
$262,594
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$184,075

Purchase Details

Closed on
Nov 27, 2007
Sold by
Reams Raymond L and Reams Dorothy W
Bought by
Demontpellier Martha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Krause David J $355,000 Title Quest Of Hampton Roads
Demontpellier Martha M $345,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krause David J $284,000
Previous Owner Demontpellier Martha M $165,000
Previous Owner Demontpellier Martha M $165,000
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
2024 $4,919 $393,500 $176,100 $217,400
2023 $4,770 $381,600 $176,100 $205,500
2022 $4,373 $349,800 $160,000 $189,800
2021 $4,231 $338,500 $160,000 $178,500
2020 $4,191 $335,300 $160,000 $175,300
2019 $4,124 $329,900 $160,000 $169,900
2018 $4,264 $341,100 $176,000 $165,100
2017 $3,726 $324,000 $160,000 $164,000
2016 $3,667 $300,700 $160,000 $140,700
2015 $3,458 $300,700 $160,000 $140,700
2014 $3,458 $300,700 $160,000 $140,700
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23508 Larchmont/Edgewater

5227 Rolfe Ave, Norfolk, VA

This home is located at 5227 Rolfe Ave, Norfolk, VA 23508 and is currently estimated at $452,537, approximately $226 per square foot. 5227 Rolfe Ave is a home located in Norfolk City with nearby schools including Larchmont Elementary School, Blair Middle School, and Maury 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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