NOT LISTED FOR SALE

977 Merrimac Ave Norfolk, VA 23504

Broad Creek Neighborhood

Estimated Value: $253,000 - $293,000

4 Beds
3 Baths
1,464 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 977 Merrimac Ave, Norfolk, VA 23504 and is currently estimated at $281,186, approximately $192 per square foot. 977 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
Aug 12, 2022
Sold by
Campbell Nathaniel
Bought by
Monroe Darren
Current Estimated Value
$281,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,192
Outstanding Balance
$244,434
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$36,752

Purchase Details

Closed on
Apr 15, 2021
Sold by
B & K Rental Property I Llc
Bought by
Campbell Nathaniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,468
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2017
Sold by
Elgan Llc A Virginia Limited Liability C
Bought by
B & K Rental Property I Llc A Virginia Lim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 7, 2016
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Elgan Llc A Virginia Limited Liability C

Purchase Details

Closed on
May 4, 2016
Sold by
Profession Evans and Profession Bryant
Bought by
The Secretary Of The Us Department Of Ho

Purchase Details

Closed on
Jan 29, 2013
Sold by
Marscheider Properties Llc
Bought by
Hill Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,745
Interest Rate
3.41%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2011
Sold by
Lala John E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 11, 2006
Sold by
D & B Properties Inc
Bought by
Lala John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2006
Sold by
Gaddis Shannon L
Bought by
D & B Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Monroe Darren $259,900 Fidelity National Title
Campbell Nathaniel $195,000 Attorney
B & K Rental Property I Llc A Virginia Lim -- None Available
Elgan Llc A Virginia Limited Liability C $79,000 Attorney
The Secretary Of The Us Department Of Ho $130,426 None Available
Hill Joshua $118,900 None Available
Federal National Mortgage Association $131,936 None Available
Lala John E $140,000 --
D & B Properties Inc $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monroe Darren $255,192
Previous Owner Campbell Nathaniel $191,468
Previous Owner B & K Rental Property I Llc A Virginia Lim $136,000
Previous Owner Hill Joshua $116,745
Previous Owner Lala John E $126,000
Previous Owner D & B Properties Inc $106,200
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 $3,131 $250,500 $62,600 $187,900
2024 $2,978 $242,100 $62,600 $179,500
2023 $2,735 $218,800 $62,600 $156,200
2022 $2,406 $192,500 $43,600 $148,900
2021 $2,137 $149,700 $39,600 $110,100
2020 $1,660 $132,800 $31,500 $101,300
2019 $1,591 $127,300 $31,500 $95,800
2018 $1,546 $123,700 $31,500 $92,200
2017 $1,400 $121,700 $31,500 $90,200
2016 $1,400 $128,700 $31,500 $97,200
2015 $1,480 $128,700 $31,500 $97,200
2014 $1,480 $128,700 $31,500 $97,200
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23504 Broad Creek

977 Merrimac Ave, Norfolk, VA

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