NOT LISTED FOR SALE

6412 Palem Rd Norfolk, VA 23513

Sewells Gardens Neighborhood

Estimated Value: $220,000 - $271,000

3 Beds
2 Baths
1,104 Sq Ft
$220/Sq Ft Est. Value

About This Home

This home is located at 6412 Palem Rd, Norfolk, VA 23513 and is currently estimated at $242,483, approximately $219 per square foot. 6412 Palem Rd is a home located in Norfolk City with nearby schools including Norview Elementary School, Norview Middle School, and Norview High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2021
Sold by
Sal Abdul G
Bought by
Sickles Skylar
Current Estimated Value
$242,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Outstanding Balance
$7,223
Interest Rate
3%
Mortgage Type
Stand Alone Second
Estimated Equity
$235,260

Purchase Details

Closed on
Mar 19, 2021
Sold by
Sal Abdul G and Sal Abdul
Bought by
Sickles Skylar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Outstanding Balance
$7,223
Interest Rate
3%
Mortgage Type
Stand Alone Second
Estimated Equity
$235,260

Purchase Details

Closed on
Jun 2, 2005
Sold by
Manley Herman
Bought by
Sal Abdul G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,562
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2004
Sold by
Manley Herman and Manley Alva
Bought by
Manley Herman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Sickles Skylar $160,000 First American Title
Sickles Skylar $140,000 Attorney
Sal Abdul G $137,500 --
Manley Herman $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sickles Skylar $8,000
Closed Sickles Skylar $8,000
Open Sickles Skylar $157,102
Closed Sickles Skylar $157,102
Previous Owner Sal Abdul G $139,562
Previous Owner Manley Herman $68,000
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
2025 $2,851 $228,100 $89,000 $139,100
2024 $2,633 $214,100 $89,000 $125,100
2023 $2,513 $201,000 $89,000 $112,000
2022 $2,255 $180,400 $68,400 $112,000
2021 $1,973 $157,800 $57,000 $100,800
2020 $1,824 $145,900 $57,000 $88,900
2019 $1,666 $133,300 $51,500 $81,800
2018 $1,641 $131,300 $51,500 $79,800
2017 $1,482 $128,900 $51,500 $77,400
2016 $1,482 $136,000 $51,500 $84,500
2015 $1,513 $136,000 $51,500 $84,500
2014 $1,513 $136,000 $51,500 $84,500
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23513 Sewells Gardens

6412 Palem Rd, Norfolk, VA

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