5245 Silvey Dr Norfolk, VA 23502
River Oaks NeighborhoodEstimated Value: $256,000 - $267,901
3
Beds
1
Bath
1,180
Sq Ft
$222/Sq Ft
Est. Value
About This Home
This home is located at 5245 Silvey Dr, Norfolk, VA 23502 and is currently estimated at $261,725, approximately $221 per square foot. 5245 Silvey Dr is a home located in Norfolk City with nearby schools including Ingleside Elementary School, Norview Middle School, and B.T. Washington High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 25, 2021
Sold by
Cook Patrick Alan
Bought by
Velasquez Oscar Arturo Hernandez
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
$181,649
Outstanding Balance
$116,250
Interest Rate
1.99%
Mortgage Type
FHA
Estimated Equity
$136,987
Purchase Details
Closed on
Apr 21, 2006
Sold by
Dickinson James
Bought by
Clark Randall L and Clark Brenda L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,280
Interest Rate
6.5%
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 |
---|---|---|---|
Velasquez Oscar Arturo Hernandez | $185,000 | Champion Title & Settlements | |
Clark Randall L | $179,100 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Velasquez Oscar Arturo Hernandez | $181,649 | |
Previous Owner | Clark Randall L | $140,750 | |
Previous Owner | Clark Randall L | $143,280 | |
Previous Owner | Clark Randall L | $17,900 |
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 | $3,027 | $246,100 | $110,000 | $136,100 |
2023 | $2,913 | $233,000 | $110,000 | $123,000 |
2022 | $2,665 | $213,200 | $100,100 | $113,100 |
2021 | $2,501 | $200,100 | $100,100 | $100,000 |
2020 | $2,338 | $187,000 | $87,000 | $100,000 |
2019 | $2,161 | $172,900 | $75,500 | $97,400 |
2018 | $2,036 | $162,900 | $68,500 | $94,400 |
2017 | $1,829 | $159,000 | $68,500 | $90,500 |
2016 | $1,829 | $167,500 | $68,500 | $99,000 |
2015 | $1,435 | $167,500 | $68,500 | $99,000 |
2014 | $1,435 | $167,500 | $68,500 | $99,000 |
Source: Public Records
Map
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