NOT LISTED FOR SALE

6147 E Virginia Beach Blvd Norfolk, VA 23502

Newtown Neighborhood

Estimated Value: $2,913,178

-- Bed
-- Bath
11,200 Sq Ft
$260/Sq Ft Est. Value

About This Home

This home is located at 6147 E Virginia Beach Blvd, Norfolk, VA 23502 and is currently estimated at $2,913,178, approximately $260 per square foot. 6147 E Virginia Beach Blvd is a home located in Norfolk City with nearby schools including Fairlawn Elementary School, Lake Taylor Middle School, and B.T. Washington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2023
Sold by
Mk-Menlo Iii Property Owner Llc
Bought by
Arp Holdco Llc
Current Estimated Value
$2,913,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,630,000
Outstanding Balance
$9,511,740
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2019
Sold by
Mk-Menlo Ii Property Owner Llc
Bought by
Mk-Menlo Iii Peroperty Owner Llc

Purchase Details

Closed on
Jan 8, 2015
Sold by
Berwick-Norfolk Llc A Wisconsin Limited
Bought by
Mk- Menlo Ii Property Owner Llc A Delawa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2005
Sold by
Berwick Properties Inc
Bought by
Berwick Norfolk Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,735,000
Interest Rate
5.95%
Mortgage Type
Commercial
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.

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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
Arp Holdco Llc $650,000 First American Title Insurance
Mk-Menlo Iii Peroperty Owner Llc -- None Available
Mk- Menlo Ii Property Owner Llc A Delawa $3,486,500 Attorney
Berwick Norfolk Llc -- --
Berwick Norfolk Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arp Holdco Llc $9,630,000
Previous Owner Mk- Menlo Ii Property Owner Llc A Delawa $2,500,000
Previous Owner Berwick Norfolk Llc $2,735,000
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 $23,473 $1,877,800 $561,600 $1,316,200
2023 $23,174 $1,853,900 $561,600 $1,292,300
2022 $22,395 $1,791,600 $523,300 $1,268,300
2021 $22,276 $1,782,100 $523,300 $1,258,800
2020 $22,434 $1,794,700 $523,300 $1,271,400
2019 $21,928 $1,754,200 $523,300 $1,230,900
2018 $21,510 $1,720,800 $523,300 $1,197,500
2017 $19,560 $1,700,900 $523,300 $1,177,600
2016 $17,056 $1,454,200 $523,300 $930,900
2015 $4,237 $1,454,200 $523,300 $930,900
2014 $4,237 $1,454,200 $523,300 $930,900
Source: Public Records

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