940 Gates Ave Unit A3 Norfolk, VA 23517
Ghent NeighborhoodEstimated Value: $171,000 - $213,000
2
Beds
1
Bath
972
Sq Ft
$197/Sq Ft
Est. Value
About This Home
This home is located at 940 Gates Ave Unit A3, Norfolk, VA 23517 and is currently estimated at $191,187, approximately $196 per square foot. 940 Gates Ave Unit A3 is a home located in Norfolk City with nearby schools including W.H. Taylor Elementary School, Blair Middle School, and Maury High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 11, 2022
Sold by
Yamak Omar F
Bought by
Carnell Thomas C and Carnell Lisa B
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
$120,150
Outstanding Balance
$113,256
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$74,579
Purchase Details
Closed on
Jun 14, 2019
Sold by
Rave Jonathan
Bought by
Yamak Omar F
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
4.1%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 26, 2010
Sold by
Addison Stacy R
Bought by
Rave Jonathan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Carnell Thomas C | $160,250 | Fidelity National Title | |
Yamak Omar F | $152,000 | Barristers Title & Stlmnt | |
Rave Jonathan | $180,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Carnell Thomas C | $120,150 | |
Previous Owner | Yamak Omar F | $152,000 | |
Previous Owner | Rave Jonathan | $144,000 | |
Previous Owner | Addison Stacy | $14,441 | |
Previous Owner | Addison Stacy R | $100,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,226 | $181,000 | $29,200 | $151,800 |
2023 | $2,110 | $168,800 | $29,200 | $139,600 |
2022 | $2,034 | $162,700 | $27,200 | $135,500 |
2021 | $1,858 | $148,600 | $27,200 | $121,400 |
2020 | $1,829 | $146,300 | $26,200 | $120,100 |
2019 | $1,719 | $137,500 | $26,200 | $111,300 |
2018 | $1,751 | $140,100 | $26,200 | $113,900 |
2017 | $1,602 | $139,300 | $26,200 | $113,100 |
2016 | $1,602 | $160,000 | $26,300 | $133,700 |
2015 | $1,839 | $160,000 | $26,300 | $133,700 |
2014 | $1,839 | $160,000 | $26,300 | $133,700 |
Source: Public Records
Map
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