NOT LISTED FOR SALE

5961 Lockamy Ln Norfolk, VA 23502

Lake Taylor Neighborhood

Estimated Value: $310,000 - $339,000

4 Beds
2 Baths
1,650 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 5961 Lockamy Ln, Norfolk, VA 23502 and is currently estimated at $320,175, approximately $194 per square foot. 5961 Lockamy Ln is a home located in Norfolk City with nearby schools including Fairlawn Elementary School, Lake Taylor High School, and Gateway Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2021
Sold by
Billups Jamil
Bought by
Merced Isaias Moreu
Current Estimated Value
$320,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Outstanding Balance
$218,243
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$94,558

Purchase Details

Closed on
Jan 29, 2016
Sold by
Drogus Llc A Virginia Limited Liability
Bought by
Billups Jamil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,982
Interest Rate
3.97%
Mortgage Type
VA

Purchase Details

Closed on
Aug 25, 2015
Sold by
Deutsche Bank Trust Company Americas As
Bought by
Drogus Llc A Virginia Limited Liability

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2015
Sold by
Trustee Services Of Virginia Llc Substit
Bought by
Deutsche Bank Trust Company Americas As and Residential Accredit Loans Inc Mortgage

Purchase Details

Closed on
Sep 13, 2005
Sold by
Wilson William J and Layne Gary S
Bought by
Lafayette Investors Llc

Purchase Details

Closed on
Apr 15, 2005
Sold by
Cross Samuel
Bought by
Wilson William J and Layne Gary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,476
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Merced Isaias Moreu $240,000 Titlequest Llc
Billups Jamil $189,900 Attorney
Drogus Llc A Virginia Limited Liability $76,000 Attorney
Deutsche Bank Trust Company Americas As $100,000 None Available
Lafayette Investors Llc -- --
Wilson William J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreu Merced Isaias $26,781
Closed Merced Isaias Moreu $17,360
Open Merced Isaias Moreu $235,653
Previous Owner Billups Jamil $195,673
Previous Owner Billups Jamil $193,982
Previous Owner Drogus Llc A Virginia Limited Liability $111,000
Previous Owner Lafayette Investors Llc $20,000
Previous Owner Layne Gary S $114,000
Previous Owner Wilson William J $96,476
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 $3,315 $265,200 $77,500 $187,700
2023 $3,215 $257,200 $77,500 $179,700
2022 $3,056 $244,500 $68,000 $176,500
2021 $2,615 $209,200 $49,500 $159,700
2020 $2,615 $209,200 $49,500 $159,700
2019 $2,504 $200,300 $45,000 $155,300
2018 $2,340 $187,200 $45,000 $142,200
2017 $2,154 $187,300 $45,000 $142,300
2016 $1,674 $153,700 $45,000 $108,700
2015 $1,768 $153,700 $45,000 $108,700
2014 $1,768 $153,700 $45,000 $108,700
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23502 Lake Taylor

5961 Lockamy Ln, Norfolk, VA

This home is located at 5961 Lockamy Ln, Norfolk, VA 23502 and is currently estimated at $320,175, approximately $194 per square foot. 5961 Lockamy Ln is a home located in Norfolk City with nearby schools including Fairlawn Elementary School, Lake Taylor High School, and Gateway Christian 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.

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