2 months on rocket

9530 16th Bay St, Norfolk, VA, 23518

$175,000

Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
WaterfrontLake Front
MLS #10522415
StatusActive

About 9530 16th Bay St

Builders: get a WATER VIEW lot --- an excellent investment opportunity to build just in time for spring buyer frenzy. Central to everything in highly sough-after Ocean View. On quiet dead-end street adj to canal. Old site plan was approved 2006 for TWO SF dwellings--please do your due diligence for current zoning and uses.

Property Details

Property Features

Listing Office:

  • Office Name: Value Up Realty LLC
  • Listing Agent: Jenifer Spratley

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

School Info

Assigned Schools Information:

  • Lake Taylor High School, Public District Grades 9-12
  • Azalea Middle School, Public District Grades 6-8
  • Ghent School, Public District Grades KG-8
  • Little Creek Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000

Tax Information:

  • Annual Amount: $1,281
  • 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

9530 16th Bay St vs Norfolk

61 DAYS ON ROCKET

-16 Days

$175,000

-$150K Less

KEY TAKEAWAY

This property is $150K less than the Median List Price in Norfolk, VA.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #10522415

Listing Office:

  • Office Name: Value Up Realty LLC
  • Listing Agent: Jenifer Spratley

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,281$102,500
2020$1,063$87,500
2019$963$85,000
2018$963$77,000
2017$886$77,000

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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-6302754
2
/10

  • Little Creek Elementary School

  • 7900 Tarpon Pl

  • 0.89 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6302755
4
/10

  • Azalea Middle School

  • 7721 Azalea Garden Rd

  • 1.35 miles

  • Public District Grades 6-8

school-card-donut-6302756
7
/10

  • Ghent School

  • 200 Shirley Ave

  • 6.54 miles

  • Public District Grades KG-8

High School

school-card-donut-6302757
1
/10

  • Lake Taylor High School

  • 1384 Kempsville Rd

  • 3.99 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 $44,327. Typical income of Norfolk, VA residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 9530 16th Bay St

What is the listing price of this property?

The listing price of 9530 16th Bay St property is $175,000.

What type of property is this?

The property 9530 16th Bay St is land located in Norfolk, Virginia, 23518.

Is this property for sale now?

Active Listing: 9530 16th Bay St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 9530 16th Bay St are:
Little Creek Elementary School: GreatSchools Rating 2/10
Azalea Middle School: GreatSchools Rating 4/10
Ghent School: GreatSchools Rating 7/10
Lake Taylor 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 $1,281 (source: MLS/based on county public records data).
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Rocket Homes›Virginia›Norfolk›23518›9530 16th Bay St

This home is located at 9530 16th Bay St in Norfolk, VA and zip code 23518 in the East Ocean View neighborhood. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $175,000.

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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