NOT LISTED FOR SALE

Estimated Value: $429,000 - $465,000

4 Beds
3 Baths
2,213 Sq Ft
$200/Sq Ft Est. Value

About This Home

This home is located at 8230 Mercer Dr, Norfolk, VA 23505 and is currently estimated at $442,636, approximately $200 per square foot. 8230 Mercer Dr is a home located in Norfolk City with nearby schools including Crossroads School, Norview Middle School, and Granby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2022
Sold by
Carlos Pedro Jr
Bought by
Sescon Peter L and Sescon Aiza Evangelista
Current Estimated Value
$443,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,200
Outstanding Balance
$391,555
Interest Rate
5.09%
Mortgage Type
VA
Estimated Equity
$48,363

Purchase Details

Closed on
Mar 23, 2017
Sold by
Equity Development Corporation Inc A Vir
Bought by
Pedro Carlos and Pedro Princess Charisse Luo P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,595
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Closed on
Sep 28, 2016
Sold by
Us Bank National Association
Bought by
Equity Development Corporation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,349
Interest Rate
3.44%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 1, 2016
Sold by
The Secretary Of Veterans Affairs An Off
Bought by
Us Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,349
Interest Rate
3.44%
Mortgage Type
Construction

Purchase Details

Closed on
May 10, 2016
Sold by
Alg Trustee Llc Substitute Trustee A Vir
Bought by
The Secretary Of Veterans Affairs An Off

Purchase Details

Closed on
Jul 2, 2010
Sold by
Peluso Thomas A
Bought by
Crow Jeremy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.25%
Mortgage Type
VA

Purchase Details

Closed on
Jul 6, 2006
Sold by
Allen Paul Edward
Bought by
Peluso Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.6%
Mortgage Type
Seller Take Back
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

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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
Sescon Peter L $400,000 Fidelity National Title
Pedro Carlos $264,900 Priority Title & Escrow
Equity Development Corporation Inc $152,300 Attorney
Us Bank National Association -- None Available
The Secretary Of Veterans Affairs An Off $73,433 None Available
Crow Jeremy J $145,000 --
Peluso Thomas A -- None Available
Allen Paul Edward $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sescon Peter L $409,200
Previous Owner Pedro Carlos $270,595
Previous Owner Equity Development Corporation Inc $182,349
Previous Owner Crow Jeremy J $145,000
Previous Owner Allen Paul Edward $140,000
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 $5,135 $417,500 $114,100 $303,400
2023 $4,695 $375,600 $114,100 $261,500
2022 $4,101 $328,100 $84,700 $243,400
2021 $3,725 $298,000 $77,000 $221,000
2020 $3,638 $291,000 $70,000 $221,000
2019 $3,638 $291,000 $70,000 $221,000
2018 $3,488 $279,000 $70,000 $209,000
2017 $3,117 $271,000 $70,000 $201,000
2016 $1,751 $150,800 $75,000 $75,800
2015 $1,734 $150,800 $75,000 $75,800
2014 $1,734 $150,800 $75,000 $75,800
Source: Public Records

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