525 N Shore Rd Norfolk, VA 23505
Wards Corner NeighborhoodEstimated Value: $323,000 - $360,000
3
Beds
2
Baths
1,581
Sq Ft
$213/Sq Ft
Est. Value
About This Home
This home is located at 525 N Shore Rd, Norfolk, VA 23505 and is currently estimated at $336,344, approximately $212 per square foot. 525 N Shore Rd is a home located in Norfolk City with nearby schools including Granby Elementary School, Northside Middle School, and Granby High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 24, 2020
Sold by
Smith Stephen M and Smith Tori L
Bought by
Arab Justin P
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
$232,707
Outstanding Balance
$207,354
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$128,990
Purchase Details
Closed on
Dec 16, 2017
Sold by
Smith Stephen M
Bought by
Smith Stephen M and Smith Tori L
Purchase Details
Closed on
Jul 26, 2006
Sold by
Smith Ray Mckean and Smith Susan Baer
Bought by
Smith Stephen M
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Arab Justin P | $237,000 | Attorney | |
Smith Stephen M | -- | None Available | |
Smith Stephen M | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Arab Justin P | $8,955 | |
Open | Arab Justin P | $24,867 | |
Open | Arab Justin P | $232,707 |
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 | $3,716 | $302,100 | $81,600 | $220,500 |
2023 | $3,611 | $288,900 | $81,600 | $207,300 |
2022 | $3,611 | $288,900 | $81,600 | $207,300 |
2021 | $3,109 | $248,700 | $71,000 | $177,700 |
2020 | $3,014 | $241,100 | $67,000 | $174,100 |
2019 | $2,948 | $235,800 | $67,000 | $168,800 |
2018 | $2,819 | $225,500 | $67,000 | $158,500 |
2017 | $2,596 | $225,700 | $67,000 | $158,700 |
2016 | $2,520 | $211,700 | $67,000 | $144,700 |
2015 | $2,435 | $211,700 | $67,000 | $144,700 |
2014 | $2,435 | $211,700 | $67,000 | $144,700 |
Source: Public Records
Map
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