NOT LISTED FOR SALE

530 New Jersey Ave Norfolk, VA 23508

Colonial Place Neighborhood

Estimated Value: $413,000 - $474,000

3 Beds
3 Baths
1,986 Sq Ft
$217/Sq Ft Est. Value

About This Home

This home is located at 530 New Jersey Ave, Norfolk, VA 23508 and is currently estimated at $431,720, approximately $217 per square foot. 530 New Jersey Ave is a home located in Norfolk City with nearby schools including Granby Elementary School, Blair Middle School, and Maury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Gallahue Cheryl A
Bought by
Throne Eric
Current Estimated Value
$431,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Outstanding Balance
$347,241
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$82,796

Purchase Details

Closed on
Dec 20, 2017
Sold by
Harris Mack C
Bought by
Gallahue Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Throne Eric $370,000 Rocket Title
Gallahue Cheryl A $215,000 Marlaw Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Throne Eric $351,500
Previous Owner Gallahue Cheryl A $198,750
Previous Owner Gallahue Cheryl A $204,250
Previous Owner Harris Mack C $188,975
Previous Owner Harris Mack C $190,000
Previous Owner Harris Mack C $39,331
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 $4,800 $384,000 $94,500 $289,500
2023 $3,228 $258,200 $94,500 $163,700
2022 $2,954 $236,300 $72,600 $163,700
2021 $2,985 $238,800 $72,600 $166,200
2020 $2,903 $232,200 $66,000 $166,200
2019 $2,903 $232,200 $66,000 $166,200
2018 $2,769 $221,500 $66,000 $155,500
2017 $2,714 $236,000 $66,000 $170,000
2016 $2,681 $210,100 $60,000 $150,100
2015 $2,416 $210,100 $60,000 $150,100
2014 $2,416 $210,100 $60,000 $150,100
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23508 Colonial Place

530 New Jersey Ave, Norfolk, VA

This home is located at 530 New Jersey Ave, Norfolk, VA 23508 and is currently estimated at $431,720, approximately $217 per square foot. 530 New Jersey Ave is a home located in Norfolk City with nearby schools including Granby Elementary School, Blair Middle School, and Maury High School.

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