26 days on rocket

118 W Gilpin Ave, Norfolk, VA, 23503

$404,999

Home List Price

$4,809*

Closing Credit

4 Bedrooms
2 Full Baths
2,519 SqFt
$161/SqFt
House
Schools Nearby

Location

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118 W Gilpin Ave, Norfolk$404,999

Buyer Closing Credits

$4,809*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Att 1 Car, Carport, Covered, Off Street
Attached GarageYes
Year Built1948
HeatingNatural Gas
CoolingCentral Air
FireplaceWood Burning Fireplace
MLS #10526693
StatusActive

About 118 W Gilpin Ave

Beautifully remodeled detached home with new windows, new outdoor HVAC unit and new indoor furnace unit, luxury vinyl flooring throughout, gleaming new white shaker kitchen cabinets with soft close drawers, granite countertops, and stainless steel appliances. Fresh paint and new recessed lighting. Custom tiled showers. Attached garage, covered carport, gravel parking and driveway offer off street parking for multiple vehicles. Double gate access to back yard for your boat or RV. This large family home sits on a generous corner lot and has a fully fenced back yard. 4 bedrooms including a primary suite with separate seating area. There is even a bonus space for a yoga room, office, or nursery. Less than a half mile to gate 10 and less than a mile to gate 22 of Naval Station Norfolk and blocks to the Chesapeake Bay beach. Don’t miss all this charmer has to offer!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1948
  • Stories: 2
  • Living Area: 2,519 SqFt

Listing Office:

  • Office Name: Creed Realty
  • Listing Agent: Brandon Loftus

Interior Features

Interior Information:

  • Appliances: Dishwasher, /Dryer Connection, Microwave, Electric Range, Washer Connection
  • Basement: No
  • Flooring Type: Laminate/LVP
  • Interior: Fireplace Wood
  • Fireplace: Wood Burning Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage Att 1 Car, Carport, Covered, Off Street

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Granby High School, Public District Grades 9-12
  • Northside Middle School, Public District Grades 6-8
  • Ghent School, Public District Grades KG-8
  • Ocean View Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $404,999
  • Price Per SqFt: $161/SqFt

Tax Information:

  • Annual Amount: $2,975
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Norfolk, VA.

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Norfolk, VA

City

Med. List Price

$324.8K

Med. Price/SqFt

$199

Avg. Days On Market

88

# of Sold Homes

253

118 W Gilpin Ave vs Norfolk

26 DAYS ON ROCKET

-62 Days

$404,999

+$80.1K More

$161/SqFt

-$39 Less

KEY TAKEAWAY

This property is $80.1K more than the Median List Price and $39/SqFt less than other homes in Norfolk, VA.

Based on homes listed in March 2024

MLS Details

MLS Information:

  • MLS Number: #10526693

Listing Office:

  • Office Name: Creed Realty
  • Listing Agent: Brandon Loftus

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,975$238,000
2020$2,736$228,600
2019$2,703$218,900
2018$2,703$216,200
2017$2,455$213,500

History based on county public records data.

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$2,089

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,281

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4160593
3
/10

  • Ocean View Elementary School

  • 9501 Mason Creek Rd

  • 0.69 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4160594
3
/10

  • Northside Middle School

  • 8720 Granby St

  • 0.63 miles

  • Public District Grades 6-8

school-card-donut-4160595
7
/10

  • Ghent School

  • 200 Shirley Ave

  • 5.78 miles

  • Public District Grades KG-8

High School

school-card-donut-4160596
1
/10

  • Granby High School

  • 7101 Granby St

  • 2.81 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,375. Typical income of Norfolk, VA residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 118 W Gilpin Ave

What is the listing price of this property?

The listing price of 118 W Gilpin Ave property is $404,999.

What type of property is this?

The property 118 W Gilpin Ave is a house located in Norfolk, Virginia, 23503.

Is this property for sale now?

Active Listing: 118 W Gilpin Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 118 W Gilpin Ave are:
Ocean View Elementary School: GreatSchools Rating 3/10
Northside Middle School: GreatSchools Rating 3/10
Ghent School: GreatSchools Rating 7/10
Granby High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,975 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 118 W Gilpin Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 118 W Gilpin Ave is 2,519 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 118 W Gilpin Ave is 1948.

Rocket Homes›Virginia›Norfolk›23503›118 W Gilpin Ave

This home is located at 118 W Gilpin Ave in Norfolk, VA and zip code 23503 in the Northside neighborhood. This 2,519 square foot home was built in 1948. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $404,999.

The number of homes for sale in Norfolk, VA increased by 13.6% between February 2024 and March 2024. The median list price of listings available in March 2024 was $324,859, while the average time on the real estate market was 88 days.

From Rocket Homes Real Estate and based on county public records data.

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