13 days on rocket

1149 Modoc Ave, Norfolk, VA, 23503

$325,000

Home List Price

$3,859*

Closing Credit

0 Baths
1,500 SqFt
$217/SqFt
Multi
Schools Nearby

Location

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1149 Modoc Ave, Norfolk$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1984
BasementYes
MLS #10533403
StatusActive

About 1149 Modoc Ave

All units are in good, livable condition. Great opportunity for investors. Near the interstate, military bases, and shopping and only a couple blocks from the beach. LOTS of additional potential.

Property Details

Property Features

Property Information:

  • Architectural Style: Side by Side
  • Year Built: 1984
  • Living Area: 1,500 SqFt

Listing Office:

  • Office Name: CENTURY 21 Nachman Realty
  • Listing Agent: Ken Belkofer

Interior Features

Interior Information:

  • Basement: Yes

School Info

Assigned Schools Information:

  • Norview High School, Public Magnet Grades 9-12
  • Northside Middle School, Public District Grades 6-8
  • Ghent School, Public District Grades KG-8
  • Oceanair Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: 64 to Chesapeake Blvd North, 2.7 Miles right onto Modoc Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $217/SqFt

Tax Information:

  • Annual Amount: $2,056
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$366K

Med. Price/SqFt

$216

Avg. Days On Market

27

# of Sold Homes

258

1149 Modoc Ave vs Norfolk

13 DAYS ON ROCKET

-14 Days

$325,000

-$41K Less

$217/SqFt

+$1 More

KEY TAKEAWAY

This property is $41K less than the Median Sold Price and $1/SqFt more than other homes in Norfolk, VA.

Based on homes sold in May 2024

MLS Details

MLS Information:

  • MLS Number: #10533403

Listing Office:

  • Office Name: CENTURY 21 Nachman Realty
  • Listing Agent: Ken Belkofer

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,056$164,500
2020$1,724$145,300
2019$1,566$137,900
2018$1,566$125,300
2017$1,381$120,100

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-7977471
2
/10
  • Oceanair Elementary School

  • 600 Dudley Ave

  • 0.57 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7977472
4
/10
  • Northside Middle School

  • 8720 Granby St

  • 1.23 miles

  • Public District Grades 6-8

school-card-donut-7977473
6
/10
  • Ghent School

  • 200 Shirley Ave

  • 5.93 miles

  • Public District Grades KG-8

High School

school-card-donut-7977474
2
/10
  • Norview High School

  • 6501 Chesapeake Blvd

  • 2.88 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,977. Typical income of Norfolk, VA residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesVirginiaNorfolk235031149 Modoc Ave

This home is located at 1149 Modoc Ave in Norfolk, VA and zip code 23503 in the Bayview neighborhood. This 1,500 square foot home was built in 1984. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $325,000.

In May 2024, from all listings sold in Norfolk, VA there were more than 1 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Norfolk, VA between April 2024 and May 2024 increased by 14.6%. In May 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $366,000.

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

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