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307 Forrest Avenue

307 Forrest Avenue, Norfolk, VA 23505
Local assessors in Norfolk, VA have categorized 307 Forrest Avenue as a type of property. The home was built in 1948 and is 78 years old. The property's lot size has been calculated to be 9,871 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a . Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 200 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 307 Forrest Avenue has a total of 1,902 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is . It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - . The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of . Residents rely on for their cooling system. The home's is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 307 Forrest Avenue sold most recently in Apr 15, 2023 for a total of $325,000. If you work out the math, that's approximately a cost of $170.87 per sqft. Before that, the property was also sold for $245,000 in Dec 21, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $393,750 in taxes each year. 307 Forrest Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $315,000. If we break it down further, the land itself was valued at $81,500. Improvements to the property, however, were assessed at a total of $233,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Vinyl Siding

Driveway

Driveway

Parking

Garage Parking

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230324
03/24/2023
3 Bed
2.5 Bath
1902 ft²
$314,900
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
1902 ft²
-
-
Katie Hammer
Wainwright Real Estate
20181203
12/03/2018
3 Bed
3 Bath
1902 ft²
$245,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1902 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,871
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,902
  • Building Area: 1,902
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,902
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENWOOD PARK
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 513
  • Legal Description 1: 5,7 & 9 BLK 10

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 001100

Zoning

  • Zoning: R7

Geography

  • Section: 285
  • Parcel: 40109850
  • Block: 10
  • Latitude: 36.9284
  • Longitude: -76.3121

    Address

  • Full Address: 307 Forrest Ave
  • Address - House Number: 307
  • Address - Street Name: Forrest
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C008
  • 4-Digit Zip Code: 1122
  • Zip Code: 23505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $393,750

    Appraisal Valuation

  • Standard Deviation: 0.2009
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 73
  • Final Value: 326,876
  • High Value: 392,573
  • Low Value: 261,179

    Market Valuation

  • Market Total Value: $315,000
  • Market Land Value: $81,500
  • Market Improvement Value: $233,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,000
  • Assessed Land Value: $81,500
  • Assessed Improvements Value: $233,500

    Sales

  • Current Sale Contract Date: Apr 15, 2023
  • Current Sale Recording Date: Apr 20, 2023
  • Current Sale Price:
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 6472
  • Previous Sale Recording Date: Dec 27, 2018
  • Previous Sale Contract Date: Dec 21, 2018
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Glenwood Park



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Frequently Asked Questions

What neighborhood is 307 Forrest Avenue located in?
The 307 Forrest Avenue is a house located in the neighborhood of Glenwood Park in Glenwood Park, Norfolk.
What is the average sales price for listings in 307 Forrest Avenue?
The average sales price for units in 307 Forrest Avenue is $0 currently.