NOT LISTED FOR SALE

8575 Chesapeake Blvd Norfolk, VA 23503

Colonial Heights Neighborhood

Estimated Value: $613,000 - $684,000

6 Beds
4 Baths
4,306 Sq Ft
$153/Sq Ft Est. Value

About This Home

This home is located at 8575 Chesapeake Blvd, Norfolk, VA 23503 and is currently estimated at $658,251, approximately $152 per square foot. 8575 Chesapeake Blvd is a home located in Norfolk City with nearby schools including Mary Calcott Elementary School, Northside Middle School, and Granby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Tarr James M
Bought by
Bailey Omar Sharif
Current Estimated Value
$658,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,525
Outstanding Balance
$557,753
Interest Rate
2.96%
Mortgage Type
VA
Estimated Equity
$100,498

Purchase Details

Closed on
Mar 5, 2020
Sold by
Ballentine Margaret T
Bought by
Tarr James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.3%
Mortgage Type
New Conventional
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
Bailey Omar Sharif $597,777 Rocket Title Inc
Tarr James M $160,000 Suntitle Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Omar Sharif $611,525
Previous Owner Tarr James M $152,000
Previous Owner Ballentine Margaret T $237,000
Previous Owner Ballentine Charles L $25,000
Previous Owner Ballentine Charles L $250,000
Previous Owner Ballentine Charles L $57,000
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 $8,289 $673,900 $62,000 $611,900
2023 $8,045 $643,600 $62,000 $581,600
2022 $7,896 $631,700 $55,000 $576,700
2021 $6,521 $315,100 $50,500 $264,600
2020 $3,745 $299,600 $44,000 $255,600
2019 $3,695 $295,600 $40,000 $255,600
2018 $3,334 $266,700 $40,000 $226,700
2017 $2,972 $258,400 $40,000 $218,400
2016 $2,972 $269,000 $40,000 $229,000
2015 $2,320 $269,000 $40,000 $229,000
2014 $2,320 $269,000 $40,000 $229,000
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23503 Colonial Heights

8575 Chesapeake Blvd, Norfolk, VA

This home is located at 8575 Chesapeake Blvd, Norfolk, VA 23503 and is currently estimated at $658,251, approximately $152 per square foot. 8575 Chesapeake Blvd is a home located in Norfolk City with nearby schools including Mary Calcott Elementary School, Northside Middle School, and Granby High School.

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