NOT LISTED FOR SALE

Estimated Value: $297,000 - $330,788

4 Beds
2 Baths
1,416 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 5940 Lockamy Ln, Norfolk, VA 23502 and is currently estimated at $314,697, approximately $222 per square foot. 5940 Lockamy Ln is a home located in Norfolk City with nearby schools including Fairlawn Elementary School and Lake Taylor High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Sanders Earl D
Bought by
Flores Sanchez Odalys
Current Estimated Value
$314,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Outstanding Balance
$284,820
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$29,877

Purchase Details

Closed on
Apr 26, 2023
Sold by
King Trevor L
Bought by
Sanders Earl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2014
Sold by
Clark Patrick Byler
Bought by
King Trevor L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,977
Interest Rate
4.36%
Mortgage Type
VA

Purchase Details

Closed on
Apr 5, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Clark Patrick Byler

Purchase Details

Closed on
Jul 6, 2012
Sold by
Burdette Jacquelyn D
Bought by
Federal Home Loan Mortgage Corporation
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

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
Flores Sanchez Odalys $305,000 Old Republic National Title
Sanders Earl D $168,000 Equity Title
King Trevor L $185,000 First United Title
Clark Patrick Byler $164,100 Acer Title & Escrow Llc
Federal Home Loan Mortgage Corporation $164,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Sanchez Odalys $289,750
Previous Owner Sanders Earl D $134,400
Previous Owner King Trevor L $188,977
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
2025 $3,741 $299,300 $77,500 $221,800
2024 $3,480 $282,900 $77,500 $205,400
2023 $2,943 $235,400 $77,500 $157,900
2022 $2,790 $223,200 $68,000 $155,200
2021 $2,426 $194,100 $49,500 $144,600
2020 $2,426 $194,100 $49,500 $144,600
2019 $2,323 $185,800 $45,000 $140,800
2018 $2,191 $175,300 $45,000 $130,300
2017 $2,022 $175,800 $45,000 $130,800
2016 $1,994 $164,100 $45,000 $119,100
2015 $1,887 $164,100 $45,000 $119,100
2014 $1,887 $164,100 $45,000 $119,100
Source: Public Records

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