19 days on rocket

1005 Colonial Ave Unit 5, Norfolk, VA, 23507

$199,000

Home List Price

$2,363*

Closing Credit

1 Bedroom
1 Full Bath
762 SqFt
$261/SqFt
Condo

Location

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1005 Colonial Ave Unit 5, Norfolk$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking1 Space, Converted Gar, Street
Year Built1912
HeatingHeat Pump
CoolingCentral Air
BasementYes
FireplaceDecorative
MLS #10556803
StatusActive

About 1005 Colonial Ave Unit 5

QUAINT CONDO IN HISTORIC GHENT! 3RD FLOOR UNIT WITH HUGE FRONT BALCONY OVERLOOKING COLONIAL AVE. TALL CEILINGS, HARDWOOD FLOORS, NEWER KITCHEN, TANKLESS WATER HEATER, HVAC IS 1 YEAR OLD AND LOW CONDO FEES INCLUDE WATER. WASHER/DRYER IN THE UNIT OR USE THE UTILITY ROOM IN THE BASEMENT THAT ALSO HAS PRIVATE STORAGE SPACE.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1912
  • Stories: 1
  • Living Area: 762 SqFt

Listing Office:

  • Office Name: CENTURY 21 Top Producers
  • Listing Agent: Dee Gavin-Scott

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Trash Compactor, Washer
  • Basement: Yes
  • Flooring Type: Ceramic, Laminate/LVP, Wood
  • Interior: Fireplace Decorative, Window Treatments
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Storage Shed, Tagged Items, Tennis Court

Parking Information:

  • Parking: 1 Space, Converted Gar, Street

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $261/SqFt
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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

$324.6K

Med. Price/SqFt

$205

Avg. Days On Market

76

# of Sold Homes

206

1005 Colonial Ave Unit 5 vs Norfolk

19 DAYS ON ROCKET

-57 Days

$199,000

-$125.6K Less

$261/SqFt

+$56 More

KEY TAKEAWAY

This property is $125.6K less than the Median List Price and $56/SqFt more than other homes in Norfolk, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10556803

Listing Office:

  • Office Name: CENTURY 21 Top Producers
  • Listing Agent: Dee Gavin-Scott

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Property Sales & Tax

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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.

Nearby Schools

school-card-donut-36578
8
/10

  • W. H. Taylor Elementary School

  • 1122 W Princess Anne Rd

  • 0.70 miles

  • Public District Grades PK-5

school-card-donut-36579
3
/10

  • James Monroe Elementary School

  • 520 W 29th St

  • 0.98 miles

  • Public District Grades PK-5

school-card-donut-36580
2
/10

  • Tidewater Park Elementary School

  • 1045 E Brambleton Ave

  • 1.24 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,463. Residents of Norfolk, VA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1005 Colonial Ave Unit 5

What is the listing price of this property?

The listing price of 1005 Colonial Ave Unit 5 property is $199,000.

What type of property is this?

The property 1005 Colonial Ave Unit 5 is a condo located in Norfolk, Virginia, 23507.

Is this property for sale now?

Active Listing: 1005 Colonial Ave Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1005 Colonial Ave Unit 5 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1005 Colonial Ave Unit 5 is 762 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1005 Colonial Ave Unit 5 is 1912.

Rocket Homes›Virginia›Norfolk›23507›1005 Colonial Ave Unit 5

This home is located at 1005 Colonial Ave Unit 5 in Norfolk, VA and zip code 23507 in the Ghent Neighborhood League neighborhood. This 762 square foot home was built in 1912. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $199,000.

The inventory of homes for sale in Norfolk, VA between September 2024 and October 2024 increased by 12.9%. In October 2024, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $324,673.

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

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