NOT LISTED FOR SALE

6420 Palem Rd Norfolk, VA 23513

Sewells Gardens Neighborhood

Estimated Value: $336,000 - $380,390

3 Beds
3 Baths
2,000 Sq Ft
$178/Sq Ft Est. Value

About This Home

This home is located at 6420 Palem Rd, Norfolk, VA 23513 and is currently estimated at $356,848, approximately $178 per square foot. 6420 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
Sep 3, 2024
Sold by
Schumacher Tate
Bought by
Adu Sussana M and Charlery Kenyan
Current Estimated Value
$357,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,156
Outstanding Balance
$341,291
Interest Rate
6.49%
Mortgage Type
VA
Estimated Equity
$15,557

Purchase Details

Closed on
Sep 23, 2021
Sold by
George Daniel A
Bought by
Schumacher Tate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,946
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Mar 22, 2017
Sold by
George Daniel A and George Kimberly
Bought by
George Daniel A

Purchase Details

Closed on
Jun 24, 2013
Sold by
Equity Development Corporation Inc
Bought by
George Daniel A and George Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,842
Interest Rate
3.59%
Mortgage Type
VA

Purchase Details

Closed on
Dec 27, 2012
Sold by
Fannie Mae
Bought by
Equity Development Corp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,920
Interest Rate
3.36%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 10, 2011
Sold by
Bynum Barbara D
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Adu Sussana M $336,000 Old Republic National Title In
Schumacher Tate $302,000 Attorney
George Daniel A -- None Available
George Daniel A $229,900 None Available
Equity Development Corp Inc $59,100 None Available
Federal National Mortgage Association $160,778 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adu Sussana M $345,156
Previous Owner Schumacher Tate $308,946
Previous Owner George Daniel A $234,842
Previous Owner Equity Development Corp Inc $70,920
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 $4,606 $368,500 $89,000 $279,500
2024 $4,337 $352,600 $89,000 $263,600
2023 $4,079 $326,300 $89,000 $237,300
2022 $3,821 $305,700 $68,400 $237,300
2021 $3,311 $255,400 $57,000 $198,400
2020 $3,193 $255,400 $57,000 $198,400
2019 $2,940 $235,200 $51,500 $183,700
2018 $2,853 $228,200 $51,500 $176,700
2017 $2,566 $223,100 $51,500 $171,600
2016 $2,566 $123,800 $51,500 $72,300
2015 $2,585 $123,800 $51,500 $72,300
2014 $2,585 $123,800 $51,500 $72,300
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23513 Sewells Gardens

6420 Palem Rd, Norfolk, VA

Not Listed for Sale

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