27 days on rocket

618 Redgate Ave, Norfolk, VA, 23507

$660,000

Home List Price

$7,838*

Closing Credit

0 Baths
3,000 SqFt
$220/SqFt
Multi
Schools Nearby

Location

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618 Redgate Ave, Norfolk$660,000

Buyer Closing Credits

$7,838*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1908
BasementYes
MLS #10527025
StatusActive

About 618 Redgate Ave

Great opportunity for investors looking in Ghent! All four units are occupied and will be available to view once under contract. Convenient location to ODU, Naval Bases, and Hospitals as well as numerous restaurants and shops. There is even an on-site laundry facility. You don't want to miss out on this! Seller to make no repairs.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1908
  • Living Area: 3,000 SqFt

Listing Office:

  • Office Name: Keller Williams Town Center
  • Listing Agent: Geoffrey Whiteside

Interior Features

Interior Information:

  • Basement: Yes

School Info

Assigned Schools Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $660,000
  • Price Per SqFt: $220/SqFt

Tax Information:

  • Annual Amount: $4,889
  • 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

618 Redgate Ave vs Norfolk

27 DAYS ON ROCKET

-50 Days

$660,000

+$335K More

$220/SqFt

+$18 More

KEY TAKEAWAY

This property is $335K more than the Median List Price and $18/SqFt more than other homes in Norfolk, VA.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #10527025

Listing Office:

  • Office Name: Keller Williams Town Center
  • Listing Agent: Geoffrey Whiteside

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,889$391,100
2020$4,645$376,200
2019$4,496$371,600
2018$4,496$359,700
2017$3,830$333,000

History based on county public records data.

Payment Calculator

$3,362

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,045

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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-5682324
4
/10

  • Walter Herron Taylor Elementary School

  • 1122 W Princess Anne Rd

  • 0.58 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5682325
4
/10

  • Blair Middle School

  • 730 Spotswood Ave

  • 0.43 miles

  • Public Magnet Grades 6-8

school-card-donut-5682326
7
/10

  • Ghent School

  • 200 Shirley Ave

  • 0.58 miles

  • Public District Grades KG-8

High School

school-card-donut-5682327
3
/10

  • Maury High School

  • 322 Shirley Ave

  • 0.48 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 $66,463. The most common annual income of people living in Norfolk, VA is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Norfolk›23507›618 Redgate Ave

This home is located at 618 Redgate Ave in Norfolk, VA and zip code 23507 in the Ghent Neighborhood League neighborhood. This 3,000 square foot home was built in 1908. It has been listed on Rocket Homes since April 06, 2024 and is currently priced at $660,000.

The inventory of homes for sale in Norfolk, VA between March 2024 and April 2024 increased by 7.1%. The median list price of listings available in April 2024 was $325,000, while the average time on the real estate market was 77 days.

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

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