NOT LISTED FOR SALE

1240 Richmond Crescent Norfolk, VA 23508

Larchmont/Edgewater Neighborhood

Estimated Value: $449,000 - $595,000

3 Beds
2 Baths
1,774 Sq Ft
$291/Sq Ft Est. Value

About This Home

This home is located at 1240 Richmond Crescent, Norfolk, VA 23508 and is currently estimated at $516,581, approximately $291 per square foot. 1240 Richmond Crescent is a home located in Norfolk City with nearby schools including Larchmont Elementary School, Blair Middle School, and Maury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2017
Sold by
Powers Joseph John and Powers Peggy Costello
Bought by
Kennedy Joseph M and Kennedy Sarah E
Current Estimated Value
$516,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$305,330
Interest Rate
4.23%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$184,670

Purchase Details

Closed on
Jan 10, 2017
Sold by
Powers Joseph J and Powers Peggy C
Bought by
The Powers Family Revocable Living Trust

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
Kennedy Joseph M $380,000 Stewart Title & Settlement
The Powers Family Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Joseph M $360,000
Previous Owner Powers Joseph John $120,000
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 $5,436 $434,900 $196,600 $238,300
2023 $5,331 $426,500 $196,600 $229,900
2022 $4,885 $390,800 $170,200 $220,600
2021 $4,718 $377,400 $170,200 $207,200
2020 $4,826 $386,100 $170,200 $215,900
2019 $4,543 $363,400 $162,000 $201,400
2018 $4,393 $351,400 $162,000 $189,400
2017 $3,614 $314,300 $141,100 $173,200
2016 $3,338 $288,100 $131,800 $156,300
2015 $3,291 $288,100 $131,800 $156,300
2014 $3,291 $288,100 $131,800 $156,300
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23508 Larchmont/Edgewater

1240 Richmond Crescent, Norfolk, VA

Homes for Sale in Norfolk, VA

This home is located at 1240 Richmond Crescent, Norfolk, VA 23508 and is currently estimated at $516,581, approximately $291 per square foot. 1240 Richmond Crescent is a home located in Norfolk City with nearby schools including Larchmont Elementary School, Blair Middle School, and Maury High School.

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