18 days on rocket

1518 Royale Ter, Norfolk, VA, 23509

$295,000

Home List Price

$3,503*

Closing Credit

3 Bedrooms
2 Full Baths
1,587 SqFt
$186/SqFt
House
Schools Nearby

Location

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1518 Royale Ter, Norfolk$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking1 Space, Street
Year Built1923
HeatingHeat Pump
CoolingCentral Air
FireplaceWood Burning Fireplace
MLS #10527462
Lot Size0.18 Acres
StatusActive

About 1518 Royale Ter

Located on a beautiful street, this charming home features an inviting large front porch, complete with a cozy swing - the perfect spot for unwinding and soaking in the peace and quiet. Step inside to discover an open and inviting floor plan. This home can have a first floor master, or an upstairs master depending on your preference! This home has got that classic charm from a 1920s home. Plus, if you love history, this neighborhood it use to be a bootlegger paradise due to the Lafayette river allowing easy access to drop liquor off to homes! Don't pass up the opportunity to make this home yours!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1923
  • Stories: 2
  • Living Area: 1,587 SqFt

Listing Office:

  • Office Name: Own Real Estate LLC
  • Listing Agent: Emily Berry

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Vinyl, Wood
  • Interior: Fireplace Wood, Pull Down Attic Stairs, Walk-In Closet, Window Treatments
  • Fireplace: Wood Burning Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Storage Shed

Parking Information:

  • Parking: 1 Space, Street

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Maury High School, Public Magnet Grades 9-12
  • Ghent School, Public District Grades KG-8
  • Willard Model Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $186/SqFt

Tax Information:

  • Annual Amount: $3,053
  • 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

1518 Royale Ter vs Norfolk

18 DAYS ON ROCKET

-70 Days

$295,000

-$29.8K Less

$186/SqFt

-$14 Less

KEY TAKEAWAY

This property is $29.8K less than the Median List Price and $14/SqFt less than other homes in Norfolk, VA.

Based on homes listed in March 2024

MLS Details

MLS Information:

  • MLS Number: #10527462

Listing Office:

  • Office Name: Own Real Estate LLC
  • Listing Agent: Emily Berry

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Last updated on: 4/29/2024, 10:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,053$244,200
2020$2,851$236,200
2019$2,760$228,100
2018$2,760$220,800
2017$2,496$217,000

History based on county public records data.

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$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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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-3388835
5
/10

  • Willard Model Elementary School

  • 1511 Willow Wood Dr

  • 0.89 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3388836
7
/10

  • Ghent School

  • 200 Shirley Ave

  • 1.19 miles

  • Public District Grades KG-8

High School

school-card-donut-3388837
3
/10

  • Maury High School

  • 322 Shirley Ave

  • 1.26 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,122. Typical income of Norfolk, VA residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1518 Royale Ter

What is the listing price of this property?

The listing price of 1518 Royale Ter property is $295,000.

What type of property is this?

The property 1518 Royale Ter is a house located in Norfolk, Virginia, 23509.

Is this property for sale now?

Active Listing: 1518 Royale Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1518 Royale Ter are:
Willard Model Elementary School: GreatSchools Rating 5/10
Ghent School: GreatSchools Rating 7/10
Maury High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,053 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1518 Royale Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1518 Royale Ter is 1,587 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1518 Royale Ter is 1923.

Rocket Homes›Virginia›Norfolk›23509›1518 Royale Ter

This home is located at 1518 Royale Ter in Norfolk, VA and zip code 23509 in the Lafayette Park neighborhood. This 1,587 square foot home, which was built in 1923, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $295,000.

The inventory of homes for sale in Norfolk, VA between February 2024 and March 2024 increased by 13.6%. Listings spent 88 days on the market in March 2024, and had a median list price of $324,859 during the same period.

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

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