961 Merrimac Ave Norfolk, VA 23504
Broad Creek NeighborhoodEstimated Value: $250,000 - $285,943
3
Beds
2
Baths
1,661
Sq Ft
$163/Sq Ft
Est. Value
About This Home
This home is located at 961 Merrimac Ave, Norfolk, VA 23504 and is currently estimated at $270,236, approximately $162 per square foot. 961 Merrimac Ave is a home located in Norfolk City with nearby schools including Richard Bowling Elementary School, Ruffner Middle School, and Lake Taylor High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2020
Sold by
Fortune Misty
Bought by
Carr David A
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
$122,802
Outstanding Balance
$110,762
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$166,199
Purchase Details
Closed on
Mar 8, 2005
Sold by
Ayala Cassandra
Bought by
Donelson Misty
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,980
Interest Rate
5.56%
Mortgage Type
Unknown
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 |
---|---|---|---|
Carr David A | $126,600 | Attorney | |
Donelson Misty | $144,900 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Carr David A | $122,802 | |
Previous Owner | Fortune Misty L | $30,000 | |
Previous Owner | Donelson Misty | $28,980 | |
Previous Owner | Donelson Misty | $96,339 |
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 | $2,940 | $239,000 | $86,900 | $152,100 |
2023 | $2,740 | $219,200 | $86,900 | $132,300 |
2022 | $2,333 | $186,600 | $60,500 | $126,100 |
2021 | $2,090 | $167,200 | $55,000 | $112,200 |
2020 | $1,839 | $147,100 | $43,800 | $103,300 |
2019 | $1,768 | $141,400 | $43,800 | $97,600 |
2018 | $1,720 | $137,600 | $43,800 | $93,800 |
2017 | $1,557 | $135,400 | $43,800 | $91,600 |
2016 | $1,557 | $146,600 | $43,800 | $102,800 |
2015 | $1,673 | $146,600 | $43,800 | $102,800 |
2014 | $1,673 | $146,600 | $43,800 | $102,800 |
Source: Public Records
Map
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