NOT LISTED FOR SALE

553 Mcfarland Rd Norfolk, VA 23505

Oakdale Farms Neighborhood

Estimated Value: $440,446 - $462,000

4 Beds
3 Baths
2,250 Sq Ft
$200/Sq Ft Est. Value

About This Home

This home is located at 553 Mcfarland Rd, Norfolk, VA 23505 and is currently estimated at $450,362, approximately $200 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
$449,875

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
$421,396
Interest Rate
5.51%
Mortgage Type
VA
Estimated Equity
$25,409

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
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Previous Owner Edc Homes I Llc $259,930
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 $4,851 $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

Virginia Norfolk City County Norfolk 23505 Oakdale Farms

553 Mcfarland Rd, Norfolk, VA

This home is located at 553 Mcfarland Rd, Norfolk, VA 23505 and is currently estimated at $450,362, approximately $200 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes