NOT LISTED FOR SALE

722 Rhode Island Ave Norfolk, VA 23508

Colonial Place Neighborhood

Estimated Value: $392,000 - $414,000

3 Beds
3 Baths
1,400 Sq Ft
$285/Sq Ft Est. Value

About This Home

This home is located at 722 Rhode Island Ave, Norfolk, VA 23508 and is currently estimated at $399,371, approximately $285 per square foot. 722 Rhode Island Ave is a home located in Norfolk City with nearby schools including Granby Elementary School, Blair Middle School, and Maury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Mchugh Michael and Mchugh Paula
Bought by
Mchugh Mackenzi Rae and Lyford Trevor
Current Estimated Value
$399,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$361,125
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$27,113

Purchase Details

Closed on
May 10, 2022
Sold by
Pappas Dimitrios A and Pappas Ann Lisa
Bought by
Mchugh Michael and Mchugh Paula
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
Mchugh Mackenzi Rae $365,000 Fidelity National Title
Mchugh Michael $369,000 Callahan F Sullivan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mchugh Mackenzi Rae $365,000
Previous Owner Pappas Dimitrios A $68,962
Previous Owner Pappas Dimitrios A $193,000
Previous Owner Pappas Dimitrios A $100,000
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 $4,210 $342,300 $78,500 $263,800
2023 $3,675 $294,000 $78,500 $215,500
2022 $3,450 $276,000 $60,500 $215,500
2021 $3,228 $258,200 $60,500 $197,700
2020 $3,159 $252,700 $55,000 $197,700
2019 $3,090 $247,200 $49,500 $197,700
2018 $2,996 $239,700 $49,500 $190,200
2017 $2,722 $236,700 $49,500 $187,200
2016 $2,686 $223,500 $45,000 $178,500
2015 $2,563 $223,500 $45,000 $178,500
2014 $2,563 $223,500 $45,000 $178,500
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23508 Colonial Place

722 Rhode Island Ave, Norfolk, VA

This home is located at 722 Rhode Island Ave, Norfolk, VA 23508 and is currently estimated at $399,371, approximately $285 per square foot. 722 Rhode Island Ave is a home located in Norfolk City with nearby schools including Granby Elementary School, Blair Middle School, and Maury High School.

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