7025 Suburban Arch Norfolk, VA 23505
Suburban Acres NeighborhoodEstimated Value: $436,000 - $461,000
3
Beds
2
Baths
1,775
Sq Ft
$253/Sq Ft
Est. Value
About This Home
This home is located at 7025 Suburban Arch, Norfolk, VA 23505 and is currently estimated at $449,800, approximately $253 per square foot. 7025 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
Jan 31, 2025
Sold by
Arthur H Quarnstrom Jr Revocable Living and Rowell Dorothy C
Bought by
Lamb Cory and Lamb Laura
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,500
Outstanding Balance
$359,942
Interest Rate
1.2%
Mortgage Type
Construction
Estimated Equity
$85,324
Purchase Details
Closed on
Nov 15, 2017
Sold by
Quarnstrom Arthur H
Bought by
Quarnstrom Arthur H and The Arthur H Quarnstrom Jr Revocable Liv
Purchase Details
Closed on
Jul 17, 2007
Sold by
Quarnstrom Arthur H
Bought by
Quarnstrom Arthur H and The Marie K Quarnstrom Revocable Living
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Lamb Cory | $445,000 | Pacific Virginia Title | |
Quarnstrom Arthur H | -- | None Available | |
Quarnstrom Arthur H | -- | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Lamb Cory | $431,500 | |
Previous Owner | Quarnstrom Arthur H | $167,819 | |
Previous Owner | Marie K Quarnstrom Revocable Living Trus | $180,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,380 | $437,400 | $170,500 | $266,900 |
2023 | $5,035 | $402,800 | $155,000 | $247,800 |
2022 | $4,779 | $382,300 | $138,600 | $243,700 |
2021 | $4,184 | $334,700 | $126,000 | $208,700 |
2020 | $4,109 | $328,700 | $120,000 | $208,700 |
2019 | $4,109 | $328,700 | $120,000 | $208,700 |
2018 | $3,984 | $318,700 | $120,000 | $198,700 |
2017 | $3,688 | $320,700 | $120,000 | $200,700 |
2016 | $3,574 | $316,900 | $120,000 | $196,900 |
2015 | $3,624 | $316,900 | $120,000 | $196,900 |
2014 | $3,624 | $316,900 | $120,000 | $196,900 |
Source: Public Records
Map
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