NOT LISTED FOR SALE

602 Timothy Ave Norfolk, VA 23505

Wards Corner Neighborhood

Estimated Value: $243,001 - $257,000

3 Beds
1 Bath
1,100 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 602 Timothy Ave, Norfolk, VA 23505 and is currently estimated at $250,250, approximately $227 per square foot. 602 Timothy Ave is a home located in Norfolk City with nearby schools including Granby Elementary School, Blair Middle School, and Granby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2020
Sold by
Justice Lillie F
Bought by
Lorenzo Jose Luis
Current Estimated Value
$250,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,653
Outstanding Balance
$150,556
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$99,694
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Lorenzo Jose Luis $174,900 Priority Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorenzo Jose Luis $169,653
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 $2,813 $225,000 $75,000 $150,000
2024 $2,645 $211,600 $75,000 $136,600
2023 $2,561 $204,900 $75,000 $129,900
2022 $2,306 $184,500 $62,400 $122,100
2021 $2,038 $163,000 $52,000 $111,000
2020 $1,483 $118,600 $45,000 $73,600
2019 $1,413 $113,000 $42,900 $70,100
2018 $1,371 $109,700 $42,900 $66,800
2017 $1,272 $110,600 $42,900 $67,700
2016 $1,248 $102,200 $42,900 $59,300
2015 $1,166 $102,200 $42,900 $59,300
2014 $1,166 $102,200 $42,900 $59,300
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23505 Wards Corner

602 Timothy Ave, Norfolk, VA

Not Listed for Sale

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