2 months on rocket

1021 Gates Ave, Norfolk, VA, 23507

$569,000

Home List Price

$6,757*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,007 SqFt
$284/SqFt
House

Location

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1021 Gates Ave, Norfolk$569,000

Buyer Closing Credits

$6,757*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Det 2 Car, Driveway Spc, Street
Year Built1923
HeatingHeat Pump, Other, Zoned
CoolingCentral Air
BasementYes
MLS #10554101
Lot Size0.14 Acres
StatusActive

About 1021 Gates Ave

Spacious modern living with historic character in a stylish West Ghent brick colonial is available now. A large foyer opens to an elegant dining room and stylish powder room, and an inviting living room with bonus space that would make a great office, reading nook, or playroom. The updated kitchen comes with high-end stainless appliances, gas range, and farm sink. White cabinets and quartz counter tops complete this modern take of a classic kitchen. The utility room takes you to the driveway and deck which overlooks a fenced in well landscaped backyard. 3 bedrooms and 2 bathrooms upstairs including an exquisite en-suite bathroom overflowing with charm and brilliance. The home was updated in 2014 which included all plumbing and electric. Updated windows, crown molding, and 9 foot ceilings throughout. There's a 2 car garage with long driveway for ample off street parking. Easy commute to the heart of Ghent including the Elizabeth River Trails and the new Railyard at Lamberts Point.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1923
  • Stories: 2
  • Living Area: 2,007 SqFt

Listing Office:

  • Office Name: Charthouse Properties
  • Listing Agent: Michael Mooring

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic, Wood
  • Interior: Scuttle Access, Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck, Patio

Parking Information:

  • Parking: Garage Det 2 Car, Driveway Spc, Street

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Other, Zoned
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $569,000
  • Price Per SqFt: $284/SqFt

Tax Information:

  • Annual Amount: $5,498
  • Tax Year: 2021
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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

$325K

Med. Price/SqFt

$203

Avg. Days On Market

83

# of Sold Homes

198

1021 Gates Ave vs Norfolk

73 DAYS ON ROCKET

-10 Days

$569,000

+$244K More

$284/SqFt

+$81 More

KEY TAKEAWAY

This property is $244K more than the Median List Price and $81/SqFt more than other homes in Norfolk, VA.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Number: #10554101

Listing Office:

  • Office Name: Charthouse Properties
  • Listing Agent: Michael Mooring

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,498$439,800
2020$3,940$432,500
2019$5,138$420,300
2018$5,138$411,000
2017$4,626$402,300

History based on county public records data.

Payment Calculator

$2,907

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,772

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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-1093357
8
/10

  • W. H. Taylor Elementary School

  • 1122 W Princess Anne Rd

  • 0.17 miles

  • Public District Grades PK-5

school-card-donut-1093358
3
/10

  • James Monroe Elementary School

  • 520 W 29th St

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-1093359
6
/10

  • Larchmont Elementary School

  • 1145 Bolling Ave

  • 1.42 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,724. Typical income of Norfolk, VA residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1021 Gates Ave

What is the listing price of this property?

The listing price of 1021 Gates Ave property is $569,000.

What type of property is this?

The property 1021 Gates Ave is a house located in Norfolk, Virginia, 23507.

Is this property for sale now?

Active Listing: 1021 Gates Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,498 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1021 Gates Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1021 Gates Ave is 2,007 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1021 Gates Ave is 1923.

Rocket Homes›Virginia›Norfolk›23507›1021 Gates Ave

This home is located at 1021 Gates Ave in Norfolk, VA and zip code 23507 in the West Ghent neighborhood. This 2,007 square foot home, which was built in 1923, sits on a 0.14 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $569,000.

The number of homes for sale in Norfolk, VA increased by 2.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 83 days, the median list price was $325,000.

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

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