NOT LISTED FOR SALE

Estimated Value: $319,000 - $345,000

3 Beds
2 Baths
1,938 Sq Ft
$172/Sq Ft Est. Value

About This Home

This home is located at 5506 Springhill Rd, Norfolk, VA 23502 and is currently estimated at $332,459, approximately $171 per square foot. 5506 Springhill Rd is a home located in Norfolk City with nearby schools including Fairlawn Elementary School, Lake Taylor Middle School, and B.T. Washington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2020
Sold by
Law William C and Law Linda Q
Bought by
Wardlow Richard
Current Estimated Value
$332,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,100
Outstanding Balance
$200,362
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$134,886

Purchase Details

Closed on
Nov 19, 2012
Sold by
Hannon John and Hannon Gweyn
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 28, 2005
Sold by
Hannon John
Bought by
Hannon John and Hannon Gweyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.82%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Wardlow Richard $230,000 Attorney
Bank Of America Na $208,304 None Available
Hannon John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wardlow Richard Darnell $60,000
Open Wardlow Richard $223,100
Previous Owner Law William C $25,000
Previous Owner Law William C $167,539
Previous Owner Law William C $169,922
Previous Owner Hannon John $200,113
Previous Owner Hannon John $190,312
Previous Owner Hannon Jon $176,518
Previous Owner Hannon John $155,000
Previous Owner Halbauer Franz L D $160,490
Previous Owner Hannon John $142,331
Previous Owner Hannon John $140,330
Previous Owner Hannon John $105,000
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 $3,895 $316,700 $117,500 $199,200
2023 $3,686 $294,900 $117,500 $177,400
2022 $3,386 $268,100 $97,900 $170,200
2021 $3,148 $251,800 $95,100 $156,700
2020 $2,683 $214,600 $82,300 $132,300
2019 $2,463 $197,000 $71,000 $126,000
2018 $936 $187,300 $71,000 $116,300
2017 $853 $185,400 $68,900 $116,500
2016 $853 $186,000 $72,300 $113,700
2015 $2,084 $186,000 $72,300 $113,700
2014 $2,084 $186,000 $72,300 $113,700
Source: Public Records

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