NOT LISTED FOR SALE

980 Merrimac Ave Norfolk, VA 23504

Broad Creek Neighborhood

Estimated Value: $225,033 - $278,000

3 Beds
2 Baths
1,350 Sq Ft
$189/Sq Ft Est. Value

About This Home

This home is located at 980 Merrimac Ave, Norfolk, VA 23504 and is currently estimated at $255,258, approximately $189 per square foot. 980 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
Feb 23, 2006
Sold by
Al Bari Jabir A
Bought by
Terrell Micheal A and Terrell Patricia L
Current Estimated Value
$255,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,300
Outstanding Balance
$70,110
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$185,148
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
Terrell Micheal A $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terrell Micheal A $123,300
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 $2,409 $192,700 $62,400 $130,300
2024 $2,309 $187,700 $62,400 $125,300
2023 $2,148 $171,800 $62,400 $109,400
2022 $1,853 $148,200 $43,800 $104,400
2021 $1,716 $137,300 $39,800 $97,500
2020 $1,521 $121,700 $31,700 $90,000
2019 $1,463 $117,000 $31,700 $85,300
2018 $1,419 $113,500 $31,700 $81,800
2017 $1,286 $111,800 $31,700 $80,100
2016 $1,286 $123,800 $31,700 $92,100
2015 $1,424 $123,800 $31,700 $92,100
2014 $1,424 $123,800 $31,700 $92,100
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23504 Broad Creek

980 Merrimac Ave, Norfolk, VA

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