NOT LISTED FOR SALE

5248 Norwell Ln Virginia Beach, VA 23455

Bayside Neighborhood

Estimated Value: $488,000 - $575,000

3 Beds
3 Baths
2,600 Sq Ft
$202/Sq Ft Est. Value

About This Home

This home is located at 5248 Norwell Ln, Virginia Beach, VA 23455 and is currently estimated at $524,687, approximately $201 per square foot. 5248 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
Jun 25, 2021
Sold by
Scott Saw In
Bought by
Mopala Prashanth R and Mopala Rani Radhika
Current Estimated Value
$524,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Outstanding Balance
$376,020
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$144,526

Purchase Details

Closed on
Apr 25, 2006
Sold by
Belmeade Associates Lc
Bought by
Scott Sawin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,664
Interest Rate
6.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mopala Prashanth R $410,000 First American Title Ins Co
Scott Sawin $402,080 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mopala Prashanth R $410,000
Previous Owner Scott Saw In $295,300
Previous Owner Scott Sawin $321,664
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 $4,515 $465,500 $160,000 $305,500
2023 $4,172 $421,400 $146,000 $275,400
2022 $3,866 $390,500 $122,000 $268,500
2021 $3,546 $358,200 $106,000 $252,200
2020 $3,346 $328,800 $98,000 $230,800
2019 $3,360 $317,700 $98,000 $219,700
2018 $3,185 $317,700 $98,000 $219,700
2017 $3,082 $307,400 $98,000 $209,400
2016 $3,143 $317,500 $98,000 $219,500
2015 $3,119 $315,000 $98,000 $217,000
2014 $2,944 $321,000 $98,000 $223,000
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23455 Bayside

5248 Norwell Ln, Virginia Beach, VA

This home is located at 5248 Norwell Ln, Virginia Beach, VA 23455 and is currently estimated at $524,687, approximately $201 per square foot. 5248 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.

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