NOT LISTED FOR SALE

6457 Palem Rd Norfolk, VA 23513

Sewells Gardens Neighborhood

Estimated Value: $424,826 - $465,000

4 Beds
3 Baths
2,302 Sq Ft
$190/Sq Ft Est. Value

About This Home

This home is located at 6457 Palem Rd, Norfolk, VA 23513 and is currently estimated at $436,957, approximately $189 per square foot. 6457 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
Nov 17, 2023
Sold by
Ellis Michael Lea
Bought by
Vianney Ihezurike and Onosejele Victor O
Current Estimated Value
$439,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,460
Outstanding Balance
$442,472
Interest Rate
7.57%
Mortgage Type
VA
Estimated Equity
-$5,515

Purchase Details

Closed on
Dec 15, 2021
Sold by
Homefront Builders Inc
Bought by
Ellis Michael Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,290
Interest Rate
3.09%
Mortgage Type
VA

Purchase Details

Closed on
Jan 15, 2021
Sold by
Springs Beatrice
Bought by
Homefront Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 14, 2006
Sold by
Springs Beatrice and Springs Robert
Bought by
Springs Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
10.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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
Vianney Ihezurike $440,000 Champion Title & Settlements
Ellis Michael Lea $401,574 Priority Title & Escrow
Homefront Builders Inc -- Stewart Title Company
Homefront Builders Inc -- Stewart Title Company
Homefront Builders Inc $70,000 Stewart Title
Springs Beatrice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vianney Ihezurike $449,460
Previous Owner Ellis Michael Lea $359,290
Previous Owner Homefrotn Builders Inc $178,000
Previous Owner Homefront Builders Inc $178,000
Previous Owner Springs Beatrice $139,336
Previous Owner Springs Beatrice $123,250
Previous Owner Springs Beatrice $97,500
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 $4,887 $397,300 $89,000 $308,300
2023 $4,563 $365,000 $89,000 $276,000
2022 $4,295 $341,100 $68,400 $272,700
2021 $2,417 $57,000 $57,000 $0
2020 $1,760 $140,800 $57,000 $83,800
2019 $1,620 $129,600 $51,500 $78,100
2018 $1,610 $128,800 $51,500 $77,300
2017 $1,465 $127,400 $51,500 $75,900
2016 $1,465 $126,500 $51,500 $75,000
2015 $1,413 $126,500 $51,500 $75,000
2014 $1,413 $126,500 $51,500 $75,000
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23513 Sewells Gardens

6457 Palem Rd, Norfolk, VA

This home is located at 6457 Palem Rd, Norfolk, VA 23513 and is currently estimated at $436,957, approximately $189 per square foot. 6457 Palem Rd is a home located in Norfolk City with nearby schools including Norview Elementary School, Norview Middle School, and Norview High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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