623 Maryland Ave Norfolk, VA 23508
Colonial Place NeighborhoodEstimated Value: $388,000 - $574,000
8
Beds
4
Baths
3,836
Sq Ft
$126/Sq Ft
Est. Value
About This Home
This home is located at 623 Maryland Ave, Norfolk, VA 23508 and is currently estimated at $485,000, approximately $126 per square foot. 623 Maryland Ave is a home located in Norfolk City with nearby schools including Granby Elementary School, Blair Middle School, and Maury High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 4, 2019
Sold by
Virginia Aquarium & Marine Science Cente
Bought by
Tmc Investment Group Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$264,446
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$220,554
Purchase Details
Closed on
Aug 12, 2019
Sold by
Hendrix Roy E
Bought by
Virginia Aquarium & Marine Science Cente
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tmc Investment Group Llc | $247,500 | Title Alliance Greenbrier | |
| Virginia Aquarium & Marine Science Cente | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tmc Investment Group Llc | $300,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,131 | $570,500 | $79,400 | $491,100 |
| 2024 | $6,513 | $526,300 | $79,400 | $446,900 |
| 2023 | $5,793 | $463,400 | $79,400 | $384,000 |
| 2022 | $5,743 | $459,400 | $75,400 | $384,000 |
| 2021 | $5,071 | $405,700 | $75,400 | $330,300 |
| 2020 | $5,063 | $372,400 | $71,800 | $300,600 |
| 2019 | $4,540 | $363,200 | $62,600 | $300,600 |
| 2018 | $4,225 | $338,000 | $59,400 | $278,600 |
| 2017 | $3,773 | $328,100 | $59,400 | $268,700 |
| 2016 | $3,773 | $334,600 | $54,000 | $280,600 |
| 2015 | $3,848 | $334,600 | $54,000 | $280,600 |
| 2014 | $3,848 | $334,600 | $54,000 | $280,600 |
Source: Public Records
Map
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