NOT LISTED FOR SALE

940 Gates Ave Unit C5 Norfolk, VA 23517

Ghent Neighborhood

Estimated Value: $172,000 - $213,000

2 Beds
1 Bath
972 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 940 Gates Ave Unit C5, Norfolk, VA 23517 and is currently estimated at $193,581, approximately $199 per square foot. 940 Gates Ave Unit C5 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
Oct 16, 2023
Sold by
Cornine Brittany J
Bought by
Cranston Charles M
Current Estimated Value
$193,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,105
Interest Rate
7.12%
Mortgage Type
VA

Purchase Details

Closed on
Nov 11, 2021
Sold by
Fuller Prescott
Bought by
Cornine Brittany J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,550
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2015
Sold by
Thi Vo-Jones Lien and Jones Brock Caldwell
Bought by
Fuller Prescott
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
Cranston Charles M $185,000 First American Title
Cornine Brittany J $149,000 Freedom Title & Escrow Inc
Fuller Prescott $137,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cranston Charles M $195,653
Closed Cranston Charles M $191,105
Previous Owner Cornine Brittany J $141,550
Previous Owner Vo Jones Lien Thi $160,000
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 $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

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