5261 Norwell Ln Virginia Beach, VA 23455
Bayside NeighborhoodEstimated Value: $492,000 - $524,000
3
Beds
3
Baths
2,500
Sq Ft
$204/Sq Ft
Est. Value
About This Home
This home is located at 5261 Norwell Ln, Virginia Beach, VA 23455 and is currently estimated at $510,262, approximately $204 per square foot. 5261 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
Mar 23, 2021
Sold by
Moorhead William D and Moorhead Leight T
Bought by
Moorhead William D and Moorhead Leight T
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
$342,000
Outstanding Balance
$308,865
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$204,139
Purchase Details
Closed on
Jun 10, 2020
Sold by
Duncan William A and Duncan April M
Bought by
Moorhead William and Moorhead Leigh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 10, 2008
Sold by
Soltes Andrew M
Bought by
Duncan William A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,750
Interest Rate
6.22%
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 |
---|---|---|---|
Moorhead William D | -- | None Available | |
Moorhead William D | -- | None Available | |
Moorhead William | $355,000 | Fidelity National Ttl Ins Co | |
Duncan William A | $193,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Moorhead William | $342,000 | |
Closed | Moorhead William | $337,250 | |
Previous Owner | Duncan William A | $80,000 | |
Previous Owner | Duncan William A | $201,734 | |
Previous Owner | Duncan William A | $200,750 |
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 | $4,543 | $468,400 | $160,000 | $308,400 |
2023 | $4,198 | $424,000 | $146,000 | $278,000 |
2022 | $3,891 | $393,000 | $122,000 | $271,000 |
2021 | $3,583 | $361,900 | $106,000 | $255,900 |
2020 | $3,260 | $320,400 | $98,000 | $222,400 |
2019 | $3,271 | $309,500 | $98,000 | $211,500 |
2018 | $3,103 | $309,500 | $98,000 | $211,500 |
2017 | $3,004 | $299,600 | $98,000 | $201,600 |
2016 | $3,062 | $309,300 | $98,000 | $211,300 |
2015 | $3,037 | $306,800 | $98,000 | $208,800 |
2014 | $2,872 | $313,000 | $98,000 | $215,000 |
Source: Public Records
Map
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