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5701
Chambers St
Norfolk
VA
23502
57,026 SqFt
Lot SqFt.
104,544
Available With Trial Membership
Estimated Equity / %
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Open Loans # / Balance
Save Property
Involuntary Liens # / Amount
Build Lists
Est. Rent Amount / Gross Yield
Property Type
Motel
Year Built
1981
Owner Status
Owner Occupied
# Owners / Type
1 / Corporate
Purchase Price
$2,425,000
Ownership Months
10yr 1mo
Purchase Method
Financed
Apn
10964510
County
Norfolk City
For Sale
No
Vacant
No
Bankruptcy
Pre-Foreclosure
No
HOA / COA
No
Flood Zone
Yes
Pre-Probate
No
Property Liens
Yes
Pool
No
Short Sale
No
Tax Delinquent
Yes
Personal Liens
No
Property Details
Ownership Info
1
Linked Properties
2
Tax Information
Transaction History
1
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Property Details
Property Characteristics
Living Area
57,026 SqFt
Building Area
57,026 SqFt
Gross Area
57,026 SqFt
Year Built / Remodel
1981 / 1981
Garage
No
Pool
No
*
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Stories
Air Conditioning
Heating
Building Quality
Residential
Land Information
Property Class
Commercial
Property Type
Motel
Lot Size SqFt / Acres
104,544 / 2.4
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County Land Use Code / Desc
Zoning
Flood Zone
School District
Latitude / Longitude
Legal Description
Ownership Info
Ownership Information
Owner 1 Name
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Owner Name
Tax Mailing Address
Linked Properties
Linked Properties
Address
Beds
Baths
SqFt
Lot SqFt
Property Type
Address
308 S Hughes Blvd
Elizabeth City, NC 27909
Beds
Baths
SqFt
Lot SqFt
43,821
Property Type
Hotel or Motel
Address
5701 Chambers St
Norfolk, VA 23502
Beds
Baths
SqFt
57,026
Lot SqFt
104,544
Property Type
Motel
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Total Linked Open Loans
Total Linked Est Value
Total Linked Equity
Owner Name(s)
Ownership Length
Current Open Loans
Est Value
Vacant Status (Y/N)
County
Tax Information
Tax Information
Apn
10964510
County
Norfolk City
Assessed Value
$3,169,400
Assessed Year
2024
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Assessed Land Value
Assessed Improvement Value
Tax Amount / Year
Market Value
Market Land Value
Market Improvement Value
Market Value Year
Tax Assessment History
Year
Total Value
Land Value
Improvement Value
Property Tax
Change Rate
Tax Rate
Year
2024
Total Value
$3,169,400
Land Value
$920,100
Improvement Value
$2,249,300
Property Tax
$39,617.50
Change Rate
1%
Tax Rate
1.25%
Year
2023
Total Value
$3,138,000
Land Value
$920,100
Improvement Value
$2,217,900
Property Tax
$39,225
Change Rate
8.11%
Tax Rate
1.25%
*
12 years of history available with trial
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Transaction History
Open Mortgages
1.
Recording Date
06/05/2017
Document Number
2017.12336
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Loan Type
Loan Amount
Lender Name
Est. Interest Rate
Rate Type
Term
Due Date
Est. Loan Payment
Est. Loan Balance
Transaction History
Sale Date
11/12/2014
Doc Number
2014.22988
Amount
$2,425,000
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Purchase Method
Buyer Name(s)
Seller Name(s)
Document Type
Transaction Type
Loan Recording Date
Loan Document Number
Loan Type
Loan Detail
Loan Lender Name
Loan Borrower Name(s)
Loan Term
Loan Due Date
Loan Amount
Comparables
Properties
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Avg. Sale Price
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Avg. $/SqFt
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Comparable Value
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Comparable Results
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Beds
Baths
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