NOT LISTED FOR SALE

940 Gates Ave Unit A3 Norfolk, VA 23517

Ghent Neighborhood

Estimated Value: $181,000 - $199,000

2 Beds
1 Bath
972 Sq Ft
$198/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 $192,075, approximately $197 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
$192,075

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
$112,259
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$79,816

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
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
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
2025 $2,404 $192,300 $29,200 $163,100
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

Virginia Norfolk City County Norfolk 23517 Ghent

940 Gates Ave Unit A3, Norfolk, VA

Not Listed for Sale

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