21 days on rocket

314 Raleigh Ave, Norfolk, VA, 23507

$749,000

Home List Price

$8,894*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,433 SqFt
$218/SqFt
House
Schools Nearby

Location

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314 Raleigh Ave, Norfolk$749,000

Buyer Closing Credits

$8,894*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Att 2 Car, Driveway Spc, Street
Attached GarageYes
Year Built1986
HeatingNatural Gas, Zoned
CoolingCentral Air, Zoned
FireplaceElectric Fireplace
MLS #10530330
Lot Size0.09 Acres
StatusActive

About 314 Raleigh Ave

Gorgeous, all-brick traditional home situated in the heart of Ghent Square. This sought after community provides quintessential suburban living with the convenience of an urban setting. This impressive Colonial boasts 3 levels of large rooms, multi-functional spaces, 2 en-suites, 3 separate HVAC zones, a custom designed courtyard, patio & veranda with an underground drainage system & gas hookup for grill. From the beautiful French country kitchen, elegant dining/living rooms & large family room with custom built-ins & electric fireplace on the 1st floor, to the massive primary suite & additional 2 bedrooms on the 2nd floor, the 3rd floor is a bonus with a large flex space/bedroom & extra office/craft room with skylight. This absolute gem is located less than 1 mile from Chrysler Museum, Harrison Opera House, Chrysler Hall, Norfolk Scope Arena, EVMS, Sentara Norfolk Hospital & CHKD, less than 3 miles from ODU & less than 7 miles from Naval Station Norfolk.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Traditional
  • Year Built: 1986
  • Stories: 3
  • Living Area: 3,433 SqFt

Listing Office:

  • Office Name: RE/MAX Alliance
  • Listing Agent: Beth Hodsden DeFeo

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Ceramic, Wood
  • Interior: Fireplace Electric, Primary Sink-Double, Skylights, Walk-In Closet, Window Treatments
  • Fireplace: Electric Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Inground Sprinkler, Irrigation Control, Patio

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage Att 2 Car, Driveway Spc, Street

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Zoned
  • Cooling: Central Air, Zoned

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: $749,000
  • Price Per SqFt: $218/SqFt

HOA Fees:

  • Amount: $87
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,314
  • 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

$325K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

234

314 Raleigh Ave vs Norfolk

21 DAYS ON ROCKET

-56 Days

$749,000

+$424K More

$218/SqFt

+$16 More

KEY TAKEAWAY

This property is $424K more than the Median List Price and $16/SqFt more than other homes in Norfolk, VA.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #10530330

Listing Office:

  • Office Name: RE/MAX Alliance
  • Listing Agent: Beth Hodsden DeFeo

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,314$505,100
2020$6,109$505,100
2019$5,978$488,700
2018$5,978$478,200
2017$5,359$466,000

History based on county public records data.

Payment Calculator

$3,893

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,312

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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-4437398
8
/10

  • Walter Herron Taylor Elementary School

  • 1122 W Princess Anne Rd

  • 0.95 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4437399
6
/10

  • Ghent School

  • 200 Shirley Ave

  • 0.47 miles

  • Public District Grades KG-8

school-card-donut-4437400
3
/10

  • Blair Middle School

  • 730 Spotswood Ave

  • 0.69 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4437401
3
/10

  • Maury High School

  • 322 Shirley Ave

  • 0.44 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 $78,542. Most Norfolk, VA residents have annual incomes between $35k-100k. The most common type of family 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 314 Raleigh Ave

What is the listing price of this property?

The listing price of 314 Raleigh Ave property is $749,000.

What type of property is this?

The property 314 Raleigh Ave is a house located in Norfolk, Virginia, 23507.

Is this property for sale now?

Active Listing: 314 Raleigh 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 314 Raleigh Ave are:
Walter Herron Taylor Elementary School: GreatSchools Rating 8/10
Ghent School: GreatSchools Rating 6/10
Blair Middle School: GreatSchools Rating 3/10
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 $6,314 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 314 Raleigh Ave has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 314 Raleigh Ave is 3,433 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 314 Raleigh Ave is 1986.

Rocket Homes›Virginia›Norfolk›23507›314 Raleigh Ave

This home is located at 314 Raleigh Ave in Norfolk, VA and zip code 23507 in the Ghent Square neighborhood. This 3,433 square foot home, which was built in 1986, sits on a 0.09 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $749,000.

Between March 2024 and April 2024, Norfolk, VA real estate market has seen increase in the number of listings by 7.1%. While the average time on the market in April 2024 was 77 days, the median list price was $325,000.

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

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