NOT LISTED FOR SALE

7008 Selma Ave Norfolk, VA 23513

Chesapeake Gardens/Mamie Homes Neighborhood

Estimated Value: $362,000 - $412,000

4 Beds
3 Baths
2,016 Sq Ft
$196/Sq Ft Est. Value

About This Home

This home is located at 7008 Selma Ave, Norfolk, VA 23513 and is currently estimated at $394,788, approximately $195 per square foot. 7008 Selma Ave is a home located in Norfolk City with nearby schools including Frances E. Willard Model Elementary School, Norview Middle School, and Norview High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2019
Sold by
Slocum Ortiz Fernando B and Slocum Ortiz Karli
Bought by
Correa Mi Amor C and Buccat Jenalyn
Current Estimated Value
$394,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,110
Outstanding Balance
$224,754
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$170,034

Purchase Details

Closed on
Mar 1, 2013
Sold by
Equity Development Corporation Inc
Bought by
Ortiz Fernando B and Slocum Karli C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,057
Interest Rate
3.45%
Mortgage Type
VA

Purchase Details

Closed on
Jul 16, 2012
Sold by
Breo Group Llc
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
$144,894
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 15, 2012
Sold by
Dsf Development Llc
Bought by
Breo Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,894
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 11, 2012
Sold by
Williams George R and Williams Ruth G
Bought by
Dsf Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,894
Interest Rate
3.7%
Mortgage Type
Construction
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

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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
Correa Mi Amor C $263,000 Attorney
Ortiz Fernando B $239,900 None Available
Equity Development Corp Inc $45,000 None Available
Breo Group Llc -- None Available
Dsf Development Llc $22,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correa Mi Amor C $255,110
Previous Owner Ortiz Fernando B $245,057
Previous Owner Equity Development Corp Inc $144,894
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 $4,893 $391,400 $107,500 $283,900
2024 $4,804 $390,600 $107,500 $283,100
2023 $4,461 $356,900 $107,500 $249,400
2022 $4,066 $325,300 $75,900 $249,400
2021 $3,593 $287,400 $63,300 $224,100
2020 $3,436 $274,900 $55,000 $219,900
2019 $3,353 $268,200 $55,000 $213,200
2018 $3,216 $257,300 $55,000 $202,300
2017 $2,873 $249,800 $55,000 $194,800
2016 $2,873 $111,000 $55,000 $56,000
2015 $2,743 $111,000 $55,000 $56,000
2014 $2,743 $111,000 $55,000 $56,000
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23513 Chesapeake Gardens/Mamie Homes

7008 Selma Ave, Norfolk, VA

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