757-823-1130. Good Luck!!!
Many homes these days are purchased for below their city-assessed value. Especially if you have an savvy buyer's agent like me helping you hunt down an undervalued, move-in ready home. I've helped many buyers puchase homes for 10 or 20% less than the city assessed value. This means your mortgage payment is less and you have potentially more equity. However, the tax assessment might be $170,000 on a home you purchase for $150,000, so you'll budget a little more for taxes on each mortgage payment.
Feel free to call me any time with quesitons or service requests. My mobile number is 268-5123. Also, you can click the link below to review my profile and professional services.
All the best, Joe McAvoy
Kevin Monette 757-735-2628
In the City of Norfolk, real estate tax amount for a residential property is based on the property's tax assessed value, as determined by the City Tax Assessor. The rate payable is $1.11 for every $100 of tax assessed value. Accordingly, if a house is tax assessed for $150,000, the real estate taxes per year payable on that house are equal to $150,000 divided by 100, which equals 1500, and multiply that by $1.11, to produce an annual real estate tax bill of $1,665.
Please let me know if I may provide additional information or assistance. I am a native of the City and work throughout it extensively!
Wayne Goodman; 757 692 6266