See Home Value
Norfolk 23507
414 Fairfax Avenue
$495,000 - $605,000
House - Off Market

414 Fairfax Avenue

Norfolk, VA 23507
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3346 Sqft
Sold Mar 11, 2024
$552,500
$564,378 by Townebank Mortgage
Mortgage Due Apr 01, 2054
Sold Jun 28, 2022
$575,000
$460,000 by Ovm Financial Inc
Mortgage Due Jul 01, 2037

About This Property

This home is nestled comfortably in the Ghent Historic district. It is only moments from the Elizabeth River & only a short commute from Sentara Hospital & EVMS Medical School. Pump up your well being w/ green spaces right outside of your back door & cultivate your culture with the Harrison Opera house & so many other attractions mere minutes from your front door. Relax after a purposeful week at one of the many restaurants & eating establishments that can be found in any direction. This Victorian style home was built when they built things well.  This is a place with history and craftsmanship. You can feel the architectural integrity reverberate through each of the 5 bedrooms in this spacious home. The backyard provides yet another place to live well & love home under this roof, which was replaced in 2015. Your agent knows more. This is not just a property; it's a lifestyle, it's a house to call home. Though there is no off street parking, the owner is regularly able to find parking.

The manager has listed the unit size as 3346 square feet.
Unit Size
3,346Ft²
Days on Market
-
Land Size
-
Price per sqft
$164
Property Type
House
Property Taxes
$603
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Mar 8, 2024 No longer available -
No longer available
Feb 4, 2024 Price Decreased $550,000
↓ $55K (9.1%)
Price Decreased
Dec 14, 2023 Listed $605,000
Listed
Jun 28, 2022 Sold to Noelle Kathleen Borreggine $575,000
Sold to Noelle Kathleen Borreggine

Property Highlights

Fireplace
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Fiberglass
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,206
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,346
  • Building Area: 3,346
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,346
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GHENT
  • Land Acres: 0.074
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Aircraft
  • Legal Description 1: PTS 10 & 11 BLK 10 25FT

Ownership

  • Current Owner : GRACIA ALEXANDRA E
  • Previous Owner : BORREGGINE NOELLE KATHLEEN
  • Owner Before Previous Owner: WOODS GORDON M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 004002

Zoning

  • Zoning: HCG1

Geography

  • Section: 635
  • Parcel: 28097600
  • Block: 10
  • Latitude: 36.8579
  • Longitude: -76.2959

    Address

  • Full Address: 414 Fairfax Ave
  • Address - House Number: 414
  • Address - Street Name: Fairfax
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C002
  • 4-Digit Zip Code: 2218
  • Zip Code: 23507

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,236

    Appraisal Valuation

  • Standard Deviation: 0.0937
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 91
  • Final Value: 550,925
  • High Value: 602,574
  • Low Value: 499,276

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $564,378
  • First Open Lien Mortgage Lender: TOWNEBANK MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 11, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $564,378
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $578,900
  • Market Land Value: $109,500
  • Market Improvement Value: $469,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $578,900
  • Assessed Land Value: $109,500
  • Assessed Improvements Value: $469,400

    Sales

  • Current Sale Contract Date: Mar 06, 2024
  • Current Sale Recording Date: Mar 11, 2024
  • Current Sale Transaction ID: 11923108020
  • Current Sale Price: $552,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 3812
  • Previous Sale Recording Date: Jun 28, 2022
  • Previous Sale Contract Date: Jun 24, 2022
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MORTGAGE
  • First Mortgage Transaction Date: Mar 11, 2024
  • First Mortgage Loan Amount: $564,378
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: OVM FINANCIAL INC
  • Previous Mortgage Transaction Date: Jun 28, 2022
  • Previous Mortgage Loan Amount: $460,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2037



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
5 Beds
3.5 Baths
2,597 ft²
$245/ft²
$635,000 Nov 3, 2023
-
$585/mo
Townhouse
4 Beds
3.5 Baths
2,252 ft²
$251/ft²
$565,000 Dec 12, 2023
-
$602/mo
Townhouse
4 Beds
3.5 Baths
2,300 ft²
$272/ft²
$625,000 Jul 31, 2023
-
$375/mo
Townhouse
3 Beds
2.5 Baths
2,752 ft²
$191/ft²
$525,000 Nov 28, 2023
-
$590/mo
Condo
3 Beds
3 Baths
2,480 ft²
$202/ft²
$499,999 Jun 30, 2023
-
$1,766/mo
Condo
2 Beds
2 Baths
1,953 ft²
$289/ft²
$565,000 Oct 13, 2023
-
$1,517/mo
Townhouse
2 Beds
2.5 Baths
2,000 ft²
$275/ft²
$549,900 Sep 29, 2023
-
$1,460/mo
Multifamily
Stu
-
1,320 ft²
$443/ft²
$585,000 Nov 6, 2023
-
$367/mo
Multifamily
Stu
-
-
$700,000 Sep 15, 2023
-
$697/mo

About Norfolk


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Frequently Asked Questions

When was property at 414 Fairfax Avenue built and last sold?
The property at 414 Fairfax Avenue was built in 1900 and last sold on Mar 6, 2024 for $552,500.
How much is this home worth?
The estimated value of the home located at 414 Fairfax Avenue is $611,050.
What are some comparable homes to 414 Fairfax Avenue?
Homes that are comparable to 414 Fairfax Avenue include a townhouse property at 319 West Freemason Street, 829 Botetourt Gardens, 109 Addison Street.

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