NOT LISTED FOR SALE

8041 Lion Ave Norfolk, VA 23518

Bel-Aire Neighborhood

Estimated Value: $295,000 - $329,000

4 Beds
2 Baths
1,567 Sq Ft
$197/Sq Ft Est. Value

About This Home

This home is located at 8041 Lion Ave, Norfolk, VA 23518 and is currently estimated at $308,370, approximately $196 per square foot. 8041 Lion Ave is a home located in Norfolk City with nearby schools including Crossroads School, Azalea Gardens Middle School, and Norview High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2017
Sold by
Mayo David A
Bought by
Carmona Manuel A and Carmona Hannah-Rose
Current Estimated Value
$308,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Outstanding Balance
$138,396
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$169,974

Purchase Details

Closed on
Apr 27, 2005
Sold by
Laprevotte Gregg H and Watson Suzanne E
Bought by
Mayo David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,800
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2005
Sold by
Nectar Projects Inc
Bought by
Laprevotte Gregg H and Watson Suzanne E
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
Carmona Manuel A $170,000 Attorney
Mayo David A $210,000 --
Laprevotte Gregg H $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmona Manuel A $166,920
Previous Owner Mayo David A $168,800
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 $3,320 $265,600 $83,000 $182,600
2024 $3,090 $251,200 $83,000 $168,200
2023 $2,888 $231,000 $83,000 $148,000
2022 $2,641 $211,300 $63,300 $148,000
2021 $2,499 $199,900 $63,300 $136,600
2020 $2,334 $186,700 $55,000 $131,700
2019 $2,334 $186,700 $55,000 $131,700
2018 $2,333 $186,600 $55,000 $131,600
2017 $2,000 $173,900 $55,000 $118,900
2016 $1,937 $167,000 $55,000 $112,000
2015 $1,906 $167,000 $55,000 $112,000
2014 $1,906 $167,000 $55,000 $112,000
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23518 Bel-Aire

8041 Lion Ave, Norfolk, VA

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