9 days on rocket

305 Norfolk Ave, Virginia Beach, VA, 23451

$385,000

Home List Price

$4,572*

Closing Credit

2 Bedrooms
2 Full Baths
1,115 SqFt
$345/SqFt
Condo
Schools Nearby

Location

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305 Norfolk Ave, Virginia Beach$385,000

Buyer Closing Credits

$4,572*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking1 Space, Assigned/Reserved, Off Street
Year Built1984
HeatingHeat Pump
CoolingHeat Pump
BasementYes
WaterfrontLake Front
FireplaceWood Burning Fireplace
MLS #10529319
StatusActive

About 305 Norfolk Ave

Just in time to enjoy summer at the beach! Grab your chair, cooler and sun screen and head to the sand. Great opportunity to buy a condo less than 1000 feet to the waves. Remodeled end unit on Lake Holly. Enjoy the sunrise and the brightly lit open floor plan. A short distance from shopping, great dining and popular attractions. Watch the fireworks from your deck! Locked front entrance with intercom access. New exterior siding and balconies. Condo fees include water, sewer, trash and ground maintenance.

Property Details

Property Features

Property Information:

  • Architectural Style: Lo Rise
  • Year Built: 1984
  • Stories: 1
  • Living Area: 1,115 SqFt

Listing Office:

  • Office Name: BHHS RW Towne Realty
  • Listing Agent: Adrienne Downing

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic, Laminate/LVP
  • Interior: Fireplace Wood, Walk-In Closet, Window Treatments
  • Fireplace: Wood Burning Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • Exterior: Corner, Deck

Parking Information:

  • Attached Garage: No
  • Parking: 1 Space, Assigned/Reserved, Off Street

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • First Colonial High School, Public Magnet Grades 9-12
  • Virginia Beach Middle School, Public District Grades 6-8
  • W. T. Cooke Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000
  • Price Per SqFt: $345/SqFt

Tax Information:

  • Annual Amount: $2,344
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Virginia Beach, VA.

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Virginia Beach, VA

City

Med. Sold Price

$163K

Med. Price/SqFt

$199

Avg. Days On Market

22

# of Sold Homes

447

305 Norfolk Ave vs Virginia Beach

9 DAYS ON ROCKET

-13 Days

$385,000

+$222K More

$345/SqFt

+$145 More

KEY TAKEAWAY

This property is $222K more than the Median Sold Price and $145/SqFt more than other homes in Virginia Beach, VA.

Based on homes sold in April 2024

MLS Details

MLS Information:

  • MLS Number: #10529319

Listing Office:

  • Office Name: BHHS RW Towne Realty
  • Listing Agent: Adrienne Downing

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,344$236,800
2020$2,085$205,000
2019$1,972$196,800
2018$1,954$196,800
2017$1,954$194,900

History based on county public records data.

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$1,989

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

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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-6220354
5
/10

  • W. T. Cooke Elementary School

  • 1501 Mediterranean Ave

  • 0.41 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6220355
6
/10

  • Virginia Beach Middle School

  • 600 25th St

  • 1.08 miles

  • Public District Grades 6-8

High School

school-card-donut-6220356
5
/10

  • First Colonial High School

  • 1272 Mill Dam Rd

  • 3.86 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 $55,026. Residents of Virginia Beach, VA typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 305 Norfolk Ave

What is the listing price of this property?

The listing price of 305 Norfolk Ave property is $385,000.

What type of property is this?

The property 305 Norfolk Ave is a condo located in Virginia Beach, Virginia, 23451.

Is this property for sale now?

Active Listing: 305 Norfolk 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 305 Norfolk Ave are:
W. T. Cooke Elementary School: GreatSchools Rating 5/10
Virginia Beach Middle School: GreatSchools Rating 6/10
First Colonial High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,344 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 305 Norfolk Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 305 Norfolk Ave is 1,115 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 305 Norfolk Ave is 1984.

Rocket Homes›Virginia›Virginia Beach›23451›305 Norfolk Ave

This home is located at 305 Norfolk Ave in Virginia Beach, VA and zip code 23451 in the Resort Area neighborhood. This 1,115 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $385,000.

In April 2024, from all listings sold in Virginia Beach, VA there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The number of listings in Virginia Beach, VA increased by 14.3% between March 2024 and April 2024. In April 2024 median list price was $163,000 and the average listing age was 22 days.

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

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