NOT LISTED FOR SALE

7012 Suburban Arch Norfolk, VA 23505

Suburban Acres Neighborhood

Estimated Value: $381,000 - $469,000

4 Beds
2 Baths
2,213 Sq Ft
$201/Sq Ft Est. Value

About This Home

This home is located at 7012 Suburban Arch, Norfolk, VA 23505 and is currently estimated at $445,670, approximately $201 per square foot. 7012 Suburban Arch is a home located in Norfolk City with nearby schools including Suburban Park Elementary School, Northside Middle School, and Granby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
Beznoska Peter D
Bought by
Johnson Ryan T and Hoyt Megan
Current Estimated Value
$445,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,452
Outstanding Balance
$453,071
Interest Rate
5.1%
Mortgage Type
VA
Estimated Equity
$7,728

Purchase Details

Closed on
Jan 4, 2012
Sold by
Garrett Timothy P
Bought by
Beznoska Peter D and Beznoska Brenda W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,944
Interest Rate
3.98%
Mortgage Type
VA

Purchase Details

Closed on
Jul 18, 2006
Sold by
Perdue John W and Perdue Paula L
Bought by
Garrett Timothy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Johnson Ryan T $351,800 Old Republic National Title
Beznoska Peter D $323,000 Heritage Title Ltd
Garrett Timothy P $318,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Ryan T $473,452
Previous Owner Beznoska Peter D $329,944
Previous Owner Garrett Timothy P $235,000
Previous Owner Garrett Timothy P $200,000
Previous Owner Perdue John W $245,000
Previous Owner Perdue John W $200,000
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
2024 $5,700 $463,400 $121,000 $342,400
2023 $5,550 $444,000 $121,000 $323,000
2022 $4,851 $388,100 $108,000 $280,100
2021 $4,398 $351,800 $108,000 $243,800
2020 $4,298 $343,800 $100,000 $243,800
2019 $4,298 $343,800 $100,000 $243,800
2018 $3,936 $314,900 $100,000 $214,900
2017 $3,647 $317,100 $100,000 $217,100
2016 $3,647 $285,500 $100,000 $185,500
2015 $3,368 $285,500 $100,000 $185,500
2014 $3,368 $285,500 $100,000 $185,500
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23505 Suburban Acres

7012 Suburban Arch, Norfolk, VA

This home is located at 7012 Suburban Arch, Norfolk, VA 23505 and is currently estimated at $445,670, approximately $201 per square foot. 7012 Suburban Arch is a home located in Norfolk City with nearby schools including Suburban Park Elementary School, Northside Middle School, and Granby 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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