NOT LISTED FOR SALE

7059 Suburban Arch Norfolk, VA 23505

Suburban Acres Neighborhood

Estimated Value: $516,000 - $612,000

4 Beds
4 Baths
2,505 Sq Ft
$225/Sq Ft Est. Value

About This Home

This home is located at 7059 Suburban Arch, Norfolk, VA 23505 and is currently estimated at $564,507, approximately $225 per square foot. 7059 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
Aug 19, 2021
Sold by
Chu Julio
Bought by
Matson Paul
Current Estimated Value
$564,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,396
Outstanding Balance
$428,984
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$158,561
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

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Matson Paul $475,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matson Paul $466,396
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 $6,631 $539,100 $170,500 $368,600
2023 $6,213 $497,000 $155,000 $342,000
2022 $5,935 $474,800 $138,600 $336,200
2021 $4,444 $355,500 $126,000 $229,500
2020 $0 $349,500 $120,000 $229,500
2019 $4,369 $349,500 $120,000 $229,500
2018 $4,384 $350,700 $120,000 $230,700
2017 $4,071 $354,000 $120,000 $234,000
2016 $3,935 $357,000 $120,000 $237,000
2015 $4,106 $357,000 $120,000 $237,000
2014 $4,106 $357,000 $120,000 $237,000
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23505 Suburban Acres

7059 Suburban Arch, Norfolk, VA

This home is located at 7059 Suburban Arch, Norfolk, VA 23505 and is currently estimated at $564,507, approximately $225 per square foot. 7059 Suburban Arch is a home located in Norfolk City with nearby schools including Suburban Park Elementary School, Northside Middle School, and Granby High School.

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