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308 Colonial Ave, Norfolk, VA, 23507

$650,000

Home List Price

$7,719*

Closing Credit

4 Bedrooms
2 Full Baths, 2 Partial
3,844 SqFt
$169/SqFt
House
Schools Nearby

Location

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308 Colonial Ave, Norfolk$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingStreet
Year Built1900
HeatingHeat Pump, Natural Gas, Radiant
CoolingCentral Air
BasementYes
FireplaceGas Fireplace
MLS #10525152
StatusActive

About 308 Colonial Ave

Stunning potential in this Historic home. The H. H. Trice house features a Flemish bond brick pattern, dental crown exterior molding, and charming garden with brick patio. The marble vestibule leads to an amazing center hall with herring bone pattern hard wood floors. Three parlors, dining room, 1/2 bath and spacious kitchen grace the first floor. Stair case to second floor features a small seating area on the landing. Plenty of storage closets on the second floor. Primary bedroom currently with a huge walk-in closet and featuring a full and half bath. Walk-up attic stairs for huge potential in original living space. Beautiful private garden with wrought iron gates, brick walk-ways and patio. This home is ready for its new chapter.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1900
  • Stories: 2
  • Living Area: 3,844 SqFt

Listing Office:

  • Office Name: BHHS RW Towne Realty
  • Listing Agent: David Cacace

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, /Dryer Connection, Gas Range, Refrigerator, Washer Connection
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic, Marble, Wood
  • Interior: Fireplace Gas-natural, Perm Attic Stairs, Walk-In Attic
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Corner, Patio

Parking Information:

  • Parking: Street

Utilities

Utilities Information:

  • Heating: Heat Pump, Natural Gas, Radiant
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Maury High School, Public Magnet Grades 9-12
  • Ghent School, Public District Grades KG-8
  • Blair Middle School, Public Magnet Grades 6-8
  • Walter Herron Taylor Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $169/SqFt

Tax Information:

  • Annual Amount: $7,633
  • Tax Year: 2021
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Housing Market Comparison

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

Med. List Price

$324.8K

Med. Price/SqFt

$199

Avg. Days On Market

88

# of Sold Homes

253

308 Colonial Ave vs Norfolk

32 DAYS ON ROCKET

-56 Days

$650,000

+$325.1K More

$169/SqFt

-$31 Less

KEY TAKEAWAY

This property is $325.1K more than the Median List Price and $31/SqFt less than other homes in Norfolk, VA.

Based on homes listed in March 2024

MLS Details

MLS Information:

  • MLS Number: #10525152

Listing Office:

  • Office Name: BHHS RW Towne Realty
  • Listing Agent: David Cacace

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,633$610,600
2020$7,164$599,100
2019$7,095$573,100
2018$7,095$567,600
2017$6,365$553,500

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-1206388
4
/10
  • Walter Herron Taylor Elementary School

  • 1122 W Princess Anne Rd

  • 0.94 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1206389
7
/10
  • Ghent School

  • 200 Shirley Ave

  • 0.78 miles

  • Public District Grades KG-8

school-card-donut-1206390
4
/10
  • Blair Middle School

  • 730 Spotswood Ave

  • 0.83 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1206391
3
/10
  • Maury High School

  • 322 Shirley Ave

  • 0.73 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,915. The most common annual income of people living in Norfolk, VA is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 308 Colonial Ave

What is the listing price of this property?

The listing price of 308 Colonial Ave property is $650,000.

What type of property is this?

The property 308 Colonial Ave is a house located in Norfolk, Virginia, 23507.

Is this property for sale now?

Active Listing: 308 Colonial 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 308 Colonial Ave are:
Walter Herron Taylor Elementary School: GreatSchools Rating 4/10
Ghent School: GreatSchools Rating 7/10
Blair Middle School: GreatSchools Rating 4/10
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 $7,633 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 308 Colonial Ave has 4 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 308 Colonial Ave is 3,844 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 308 Colonial Ave is 1900.

Rocket Homes›Virginia›Norfolk›23507›308 Colonial Ave

This home is located at 308 Colonial Ave in Norfolk, VA and zip code 23507. This 3,844 square foot home was built in 1900. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $650,000.

The number of listings 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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