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7501 Norfolk Avenue

7501 Norfolk Avenue, Lubbock, TX 79423
House in Kings Park
7501 Norfolk Avenue has been categorized by the local assessors in Lubbock, TX as a type of property. The building on the property was first built in 1993 and is 33 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. In addition, 7501 Norfolk Avenue has 3,310 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,296 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a for those who require parking. The garage measured 629 sqft. Moving on to the building itself. The condition of the building has been evaluated as . The building has a style roof made of . The exterior walls of the building are made of . The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing . There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7501 Norfolk Avenue sold most recently in May 23, 2023 for a total of $246,050. If you work out the math, that's approximately a cost of $74.34 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $726,695 in taxes each year. 7501 Norfolk Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $390,941. If we break it down further, the land itself was valued at $33,888. Improvements to the property, however, were assessed at a total of $357,053. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
Off Street Parking

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220809
08/09/2022
4 Bed
3.5 Bath
3583 ft²
$499,900
bedrooms
4 Bed
bathrooms
3.5 Bath
square feet
3583 ft²
-
-
Mark Nanny
Coldwell Banker Trusted Advisors


Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 14
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 629
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,296
  • Total Building Area: 3,310
  • Gross Building Area: 3,310
  • Building Area: 3,310
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,310
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KINGS PARK
  • Land Acres: 0000000259
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: KINGS PARK L 27

Neighborhood

  • School District Name: Lubbock Independent School District
  • School Tax School District: WHP
  • Census Tract: 001904

Geography

  • Assessors Map Reference: 514
  • Parcel: R37658
  • Lot: 270
  • Municipality: CITY OF LUBBOCK
  • Latitude: 33.5256
  • Longitude: -101.902

    Address

  • Full Address: 7501 Norfolk Ave
  • Address - House Number: 7501
  • Address - Street Name: Norfolk
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Lubbock
  • Carrier Code: C081
  • 4-Digit Zip Code: 1223
  • Zip Code: 79423

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $726,695
  • Tax Rate Code Area: CLB GLB HS

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 464,847
  • High Value: 546,892
  • Low Value: 382,802

    Market Valuation

  • Market Total Value: $390,941
  • Market Land Value: $33,888
  • Market Improvement Value: $357,053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $390,941
  • Assessed Land Value: $33,888
  • Assessed Improvements Value: $357,053

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 23, 2023
  • Current Sale Recording Date: May 25, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 19265
  • Previous Sale Recording Date: Apr 10, 2000
  • Previous Sale Contract Date: Apr 06, 2000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Kings Park



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Frequently Asked Questions

What neighborhood is 7501 Norfolk Avenue located in?
The 7501 Norfolk Avenue is a house located in the neighborhood of Kings Park in Kings Park, Lubbock.
What is the average sales price for listings in 7501 Norfolk Avenue?
The average sales price for units in 7501 Norfolk Avenue is $0 currently.