553 Mcfarland Rd Norfolk, VA 23505
Oakdale Farms NeighborhoodEstimated Value: $439,521 - $476,000
4
Beds
3
Baths
2,251
Sq Ft
$204/Sq Ft
Est. Value
About This Home
This home is located at 553 Mcfarland Rd, Norfolk, VA 23505 and is currently estimated at $458,130, approximately $203 per square foot. 553 Mcfarland Rd is a home located in Norfolk City with nearby schools including Crossroads School, Norview Middle School, and Granby High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 15, 2022
Sold by
Edc Homes I Llc
Bought by
Peace Shawn
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
$437,844
Outstanding Balance
$418,601
Interest Rate
5.51%
Mortgage Type
VA
Estimated Equity
$39,529
Purchase Details
Closed on
Apr 1, 2021
Sold by
Lucero Mercedita B
Bought by
Edc Homes I Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,930
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peace Shawn | $428,000 | Priority Title | |
| Edc Homes I Llc | $101,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Peace Shawn | $437,844 | |
| Previous Owner | Edc Homes I Llc | $259,930 |
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 |
|---|---|---|---|---|
| 2025 | $5,125 | $410,000 | $81,500 | $328,500 |
| 2024 | $4,851 | $394,400 | $81,500 | $312,900 |
| 2023 | $4,394 | $351,500 | $81,500 | $270,000 |
| 2022 | $3,964 | $317,100 | $60,500 | $256,600 |
| 2021 | $949 | $138,800 | $55,000 | $83,800 |
| 2020 | $1,673 | $133,800 | $50,000 | $83,800 |
| 2019 | $1,673 | $133,800 | $50,000 | $83,800 |
| 2018 | $1,638 | $131,000 | $50,000 | $81,000 |
| 2017 | $1,482 | $128,900 | $50,000 | $78,900 |
| 2016 | $1,446 | $124,400 | $50,000 | $74,400 |
| 2015 | $1,431 | $124,400 | $50,000 | $74,400 |
| 2014 | $1,431 | $124,400 | $50,000 | $74,400 |
Source: Public Records
Map
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