Check Availability

5326 Rolfe Avenue

5326 Rolfe Avenue, Norfolk, VA 23508
Sold Jun 02, 2021
$950,000
$971,850 by Atlantic Bay Mortgage Group Ll
Mortgage
Sold Oct 20, 2020
$919,000
$735,200 by Navy Federal Credit Union
Mortgage
5326 Rolfe Avenue has been categorized by the local assessors in Norfolk, VA as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 13 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 3 stories. In addition, 5326 Rolfe Avenue has 4,963 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,818 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 456 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in May 24, 2021 for $950,000. That's $191.42 per sqft. Prior to that sales transaction, the property was also sold in Oct 15, 2020 for $919,000. 5326 Rolfe Avenue was last assessed in 2023. The total value of the property was assessed at $909,200. Specifically, the land the property is located on was valued at $229,500. While improvements on the property were assessed at a total of $679,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $11,365. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 456
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,818
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,963
  • Building Area: 4,963
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,963
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EDGEWATER
  • Land Acres: 0.225
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Watercraft (ships, boats, pwcs, etc.)
  • Legal Description 1: 8 & 15 FT OF 9 BLK 8

Ownership

  • Current Owner : MARTIN MICHAEL A
  • Current Owner 2: MARTIN ROBERT J
  • Previous Owner : SARCONE JOHN E
  • Previous Owner 2: SARCONE KELSEY HOST
  • Owner Before Previous Owner: LYNCH JOHN C
  • Owner Before Previous Owner 2: LYNCH TERRY ELLEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 002400

Zoning

  • Zoning: R8

Geography

  • Section: 328
  • Parcel: 01654100
  • Block: 8
  • Latitude: 36.8925
  • Longitude: -76.311

    Address

  • Full Address: 5326 Rolfe Ave
  • Address - House Number: 5326
  • Address - Street Name: Rolfe
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C006
  • 4-Digit Zip Code: 1357
  • Zip Code: 23508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,365

    Appraisal Valuation

  • Standard Deviation: 0.1424
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 83
  • Final Value: 1,004,340
  • High Value: 1,147,393
  • Low Value: 861,287

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $971,850
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $971,850
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $909,200
  • Market Land Value: $229,500
  • Market Improvement Value: $679,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $909,200
  • Assessed Land Value: $229,500
  • Assessed Improvements Value: $679,700

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11840589557
  • Current Sale Price: $950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210016955
  • Previous Sale Recording Date: Oct 20, 2020
  • Previous Sale Contract Date: Oct 15, 2020
  • Previous Sale Amount: $919,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $971,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Oct 20, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $735,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Larchmont-Edgewater



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 7511 Cedar Level Avenue, Norfolk, VA, 23505

$2,895 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,368 ft²
7511 Cedar Level Avenue, Norfolk, VA, 23505 Listing by Janet Jones

Frequently Asked Questions

What neighborhood is 5326 Rolfe Avenue located in?
The 5326 Rolfe Avenue is a house located in the neighborhood of Larchmont-Edgewater in Larchmont-Edgewater, Norfolk.
What is the average sales price for listings in 5326 Rolfe Avenue?
The average sales price for units in 5326 Rolfe Avenue is $0 currently.

Quantcast