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427 Timothy Ave, Norfolk, VA, 23505

$320,000

Home List Price

$3,800*

Closing Credit

3 Bedrooms
2 Full Baths
1,638 SqFt
$195/SqFt
House
Schools Nearby

Location

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427 Timothy Ave, Norfolk$320,000

Buyer Closing Credits

$3,800*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Space, Driveway Spc, Street
Year Built1950
HeatingNatural Gas
CoolingCentral Air
FireplaceWood Burning Fireplace
MLS #10525038
StatusActive

About 427 Timothy Ave

Charming cape cod style brick home with 3 bedrooms, 2 full baths is ready for a new owner. The spacious family room is perfect for a big family with a formal dining area. The classic kitchen with newer glass sliding door brings tons of natural lights. The first-floor has 1 bedroom and 1 full bath off the hall way. The bonus room was used for a laundry room. The second floor has 2 bedrooms and 1 full bath. The back porch is perfect for relaxing after work. One car garage attached and fenced back yard for privacy. Roof and windows less than 4 years old. Gas pack unit, HVAC, water heater are just 2 years old. Dual zone first floor and second floor. Brand new refrigerator. Tastefully chosen color on fresh paint inside. Conveniently located near Naval Station Norfolk, schools, restaurants, shopping, hospital and Old Dominion University. Only few minutes away to the beach. Easy access to I-64. Come view this beautiful brick home today!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod, Ranch
  • Year Built: 1950
  • Stories: 2
  • Living Area: 1,638 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate Inc.
  • Listing Agent: Adela Savino

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, /Dryer Connection, Electric Range, Refrigerator, 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: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: 2 Space, Driveway Spc, Street

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $320,000
  • Price Per SqFt: $195/SqFt

Tax Information:

  • Annual Amount: $2,578
  • 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

427 Timothy Ave vs Norfolk

33 DAYS ON ROCKET

-55 Days

$320,000

-$4.8K Less

$195/SqFt

-$5 Less

KEY TAKEAWAY

This property is $4.8K less than the Median List Price and $5/SqFt less than other homes in Norfolk, VA.

Based on homes listed in March 2024

MLS Details

MLS Information:

  • MLS Number: #10525038

Listing Office:

  • Office Name: Long & Foster Real Estate Inc.
  • Listing Agent: Adela Savino

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,578$206,200
2020 - $196,000
2019 - $187,100
2018$2,094$182,100
2017$2,114$183,800

History based on county public records data.

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$1,665

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,026

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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-1689492
2
/10

  • Granby Elementary School

  • 7101 Newport Ave

  • 0.78 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1689493
4
/10

  • Blair Middle School

  • 730 Spotswood Ave

  • 3.61 miles

  • Public Magnet Grades 6-8

school-card-donut-1689494
7
/10

  • Ghent School

  • 200 Shirley Ave

  • 3.80 miles

  • Public District Grades KG-8

High School

school-card-donut-1689495
1
/10

  • Granby High School

  • 7101 Granby St

  • 0.87 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 $38,141. The most common annual income of people living in Norfolk, VA is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 427 Timothy Ave

What is the listing price of this property?

The listing price of 427 Timothy Ave property is $320,000.

What type of property is this?

The property 427 Timothy Ave is a house located in Norfolk, Virginia, 23505.

Is this property for sale now?

Active Listing: 427 Timothy 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 427 Timothy Ave are:
Granby Elementary School: GreatSchools Rating 2/10
Blair Middle School: GreatSchools Rating 4/10
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 $2,578 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 427 Timothy Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 427 Timothy Ave is 1,638 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 427 Timothy Ave is 1950.

Rocket Homes›Virginia›Norfolk›23505›427 Timothy Ave

This home is located at 427 Timothy Ave in Norfolk, VA and zip code 23505 in the Wards Corner neighborhood. This 1,638 square foot home was built in 1950. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $320,000.

In March 2024 in Norfolk, VA there were 13.6% more homes for sale than in February 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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