NOT LISTED FOR SALE

7408 Oakmont Dr Norfolk, VA 23513

Oakmont Neighborhood

Estimated Value: $434,528 - $521,000

6 Beds
5 Baths
3,100 Sq Ft
$149/Sq Ft Est. Value

About This Home

This home is located at 7408 Oakmont Dr, Norfolk, VA 23513 and is currently estimated at $463,382, approximately $149 per square foot. 7408 Oakmont Dr is a home located in Norfolk City with nearby schools including Larrymore Elementary School, Norview Middle School, and Norview High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
Alejandre Terrein C and Alejandre Ariana
Bought by
Hicks Michael J
Current Estimated Value
$463,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$379,476
Interest Rate
5.1%
Mortgage Type
VA
Estimated Equity
$83,906

Purchase Details

Closed on
May 20, 2020
Sold by
Rezano Llc
Bought by
Alejandre Terrein C and Chapa Ariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,142
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Sep 17, 2018
Sold by
Adams Samuel
Bought by
Rezano Llc

Purchase Details

Closed on
Dec 7, 2005
Sold by
Madison Thomas D
Bought by
Timbg Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
9.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 2005
Sold by
Tmbg Properties Lp
Bought by
Adams Samuel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
9.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
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

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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
Hicks Michael J $400,000 Fidelity National Title
Alejandre Terrein C $314,900 Attorney
Rezano Llc $120,000 Attorney
Timbg Properties Lp -- --
Adams Samuel H $76,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks Michael J $400,000
Previous Owner Alejandre Terrein C $322,142
Previous Owner Adams Samuel H $98,400
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 $5,500 $440,000 $72,500 $367,500
2024 $5,133 $410,600 $72,500 $338,100
2023 $4,981 $398,500 $66,100 $332,400
2022 $4,826 $386,100 $66,100 $320,000
2021 $4,056 $324,500 $49,000 $275,500
2020 $3,936 $314,900 $44,500 $270,400
2019 $1,805 $144,400 $41,500 $102,900
2018 $1,699 $147,700 $41,500 $106,200
2017 $1,656 $144,000 $41,500 $102,500
2016 $1,656 $137,700 $41,500 $96,200
2015 $1,584 $137,700 $41,500 $96,200
2014 $1,584 $137,700 $41,500 $96,200
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23513 Oakmont

7408 Oakmont Dr, Norfolk, VA

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