5233 Norwell Ln Virginia Beach, VA 23455
Bayside NeighborhoodEstimated Value: $506,000 - $567,000
3
Beds
3
Baths
2,566
Sq Ft
$209/Sq Ft
Est. Value
About This Home
This home is located at 5233 Norwell Ln, Virginia Beach, VA 23455 and is currently estimated at $536,965, approximately $209 per square foot. 5233 Norwell Ln is a home located in Virginia Beach City with nearby schools including Luxford Elementary School, Bayside 6th Grade Campus, and Bayside High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 29, 2024
Sold by
Burrus Donna M
Bought by
William D Ballou Jr And Dawn L Ballou Revocab and Ballou
Current Estimated Value
Purchase Details
Closed on
May 11, 2006
Sold by
Lawyer Jason A
Bought by
Merz John K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.42%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| William D Ballou Jr And Dawn L Ballou Revocab | $550,000 | Chicago Title | |
| Merz John K | $219,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Merz John K | $150,000 |
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 | $4,578 | $498,900 | $160,000 | $338,900 |
| 2024 | $4,578 | $472,000 | $160,000 | $312,000 |
| 2023 | $4,230 | $427,300 | $146,000 | $281,300 |
| 2022 | $3,922 | $396,200 | $122,000 | $274,200 |
| 2021 | $3,613 | $364,900 | $106,000 | $258,900 |
| 2020 | $3,408 | $334,900 | $98,000 | $236,900 |
| 2019 | $3,407 | $322,000 | $98,000 | $224,000 |
| 2018 | $3,228 | $322,000 | $98,000 | $224,000 |
| 2017 | $3,123 | $311,500 | $98,000 | $213,500 |
| 2016 | $3,186 | $321,800 | $98,000 | $223,800 |
| 2015 | $3,160 | $319,200 | $98,000 | $221,200 |
| 2014 | $2,987 | $325,700 | $98,000 | $227,700 |
Source: Public Records
Map
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