NOT LISTED FOR SALE

Estimated Value: $360,000 - $395,000

4 Beds
3 Baths
2,100 Sq Ft
$179/Sq Ft Est. Value

About This Home

This home is located at 7521 Fargo Ave, Norfolk, VA 23505 and is currently estimated at $376,706, approximately $179 per square foot. 7521 Fargo Ave is a home located in Norfolk City with nearby schools including Camp Allen Elementary School, Blair Middle School, and Granby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2020
Sold by
Perez Hector R
Bought by
Wright James W
Current Estimated Value
$376,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$204,194
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$172,512

Purchase Details

Closed on
Jan 9, 2017
Sold by
The Secretary Of Veterans Affairs An Off
Bought by
Perez Hector R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,896
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
May 17, 2016
Sold by
Atlantic Trustee Services Llc A Virginia
Bought by
The Secretary Of Veterans Affairs An Off

Purchase Details

Closed on
Oct 22, 2010
Sold by
Norfolk Building Corp
Bought by
Dennis Kenneth R and Dennis Ashley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,837
Interest Rate
4.39%
Mortgage Type
VA

Purchase Details

Closed on
May 11, 2010
Sold by
Davis Evangeline and Zanders Daphne
Bought by
Norfolk Building Corporation
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
Wright James W $230,000 Attorney
Perez Hector R $204,500 Landmark Title Llc
The Secretary Of Veterans Affairs An Off $184,070 Attorney
Dennis Kenneth R $225,000 --
Norfolk Building Corporation $80,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright James W $230,000
Previous Owner Perez Hector R $208,896
Previous Owner Dennis Kenneth R $230,791
Previous Owner Dennis Kenneth R $229,837
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 $4,156 $337,900 $95,000 $242,900
2023 $4,068 $325,400 $95,000 $230,400
2022 $3,694 $295,500 $69,200 $226,300
2021 $3,225 $258,000 $57,700 $200,300
2020 $3,050 $244,000 $43,700 $200,300
2019 $3,050 $244,000 $43,700 $200,300
2018 $2,819 $225,500 $43,700 $181,800
2017 $2,556 $222,300 $43,700 $178,600
2016 $2,556 $214,600 $39,600 $175,000
2015 $2,468 $214,600 $39,600 $175,000
2014 $2,468 $214,600 $39,600 $175,000
Source: Public Records

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