NOT LISTED FOR SALE

Estimated Value: $647,000 - $724,000

4 Beds
4 Baths
2,655 Sq Ft
$262/Sq Ft Est. Value

About This Home

This home is located at 931 Magnolia Ave, Norfolk, VA 23508 and is currently estimated at $695,508, approximately $261 per square foot. 931 Magnolia Ave is a home located in Norfolk City with nearby schools including Larchmont Elementary School, Blair Middle School, and Maury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Stochel Robert Patrick and Stochel Christiana Marie
Bought by
Weaver Christian D and Farkas Amy B
Current Estimated Value
$695,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,900
Outstanding Balance
$450,761
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$246,586

Purchase Details

Closed on
Apr 7, 2016
Sold by
Schramm Harrison C and Schramm Sarah
Bought by
Stochel Robert Patrick and Stochel Christiana Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,521
Interest Rate
3.71%
Mortgage Type
VA

Purchase Details

Closed on
Oct 17, 2007
Sold by
Mitchell Douglas K and Mitchell Karen K
Bought by
Schramm Harrison C and Schramm Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,600
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
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
Weaver Christian D $581,100 American Home Title Inc
Stochel Robert Patrick $405,000 Attorney
Schramm Harrison C $429,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Christian D $495,900
Previous Owner Stochel Robert Patrick $390,521
Previous Owner Schramm Harrison C $332,741
Previous Owner Schramm Harrison C $343,600
Previous Owner Mitchell Douglas K $192,000
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 $8,022 $652,200 $242,800 $409,400
2023 $7,743 $619,400 $242,800 $376,600
2022 $7,346 $587,700 $220,800 $366,900
2021 $5,584 $446,700 $220,800 $225,900
2020 $5,399 $431,900 $210,100 $221,800
2019 $5,259 $420,700 $198,900 $221,800
2018 $5,273 $421,800 $198,900 $222,900
2017 $4,836 $420,500 $198,900 $221,600
2016 $4,718 $416,000 $198,900 $217,100
2015 $4,784 $416,000 $198,900 $217,100
2014 $4,784 $416,000 $198,900 $217,100
Source: Public Records

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