862 Gilmer Rd Norfolk, VA 23502
Ingleside NeighborhoodEstimated Value: $334,000 - $371,000
3
Beds
2
Baths
1,979
Sq Ft
$176/Sq Ft
Est. Value
About This Home
This home is located at 862 Gilmer Rd, Norfolk, VA 23502 and is currently estimated at $349,292, approximately $176 per square foot. 862 Gilmer Rd is a home located in Norfolk City with nearby schools including Ingleside Elementary School, Norview Middle School, and B.T. Washington High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 20, 2021
Sold by
Anderson Marc E and Holden Allan R
Bought by
Farmer Willie L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$187,802
Interest Rate
2.39%
Mortgage Type
VA
Estimated Equity
$161,490
Purchase Details
Closed on
Jun 25, 2007
Sold by
Lawson Mark Vincent and Lawson Sylvia D
Bought by
Anderson Marc E and Holden Allan R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,900
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Farmer Willie L | $230,000 | Insight Title & Settlement | |
| Anderson Marc E | $289,900 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Farmer Willie L | $240,000 | |
| Previous Owner | Anderson Marc E | $231,900 |
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 | $4,251 | $340,100 | $78,500 | $261,600 |
| 2024 | $4,106 | $333,800 | $78,500 | $255,300 |
| 2023 | $3,946 | $315,700 | $78,500 | $237,200 |
| 2022 | $3,859 | $308,700 | $71,500 | $237,200 |
| 2021 | $3,451 | $276,100 | $62,200 | $213,900 |
| 2020 | $3,105 | $248,400 | $49,000 | $199,400 |
| 2019 | $3,003 | $240,200 | $49,000 | $191,200 |
| 2018 | $2,848 | $227,800 | $49,000 | $178,800 |
| 2017 | $2,620 | $227,800 | $49,000 | $178,800 |
| 2016 | $2,620 | $225,500 | $52,000 | $173,500 |
| 2015 | $2,559 | $225,500 | $52,000 | $173,500 |
| 2014 | $2,559 | $225,500 | $52,000 | $173,500 |
Source: Public Records
Map
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