1 month on rocket

1115 Magnolia Ave, Norfolk, VA, 23508

$485,000

Home List Price

$5,759*

Closing Credit

4 Bedrooms
3 Full Baths
2,022 SqFt
$240/SqFt
House

Location

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1115 Magnolia Ave, Norfolk$485,000

Buyer Closing Credits

$5,759*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Det 1 Car, Driveway Spc, Street
Year Built1932
HeatingForced Air, Radiant
CoolingCentral Air
BasementYes
FireplaceWood Burning Fireplace
MLS #10555171
Lot Size0.12 Acres
StatusActive

About 1115 Magnolia Ave

Welcome to your dream home in highly sought after Larchmont. This classic 4-bedroom, 3.5-bath residence, built in 1932, exudes timeless charm and character. As you enter, you'll find elegant hardwood floors and a cozy fireplace in the inviting living room, perfect for gatherings. A sunroom and cozy den with second fireplace also offer ample options for relaxation. Head upstairs to find the bedrooms basking in natural light. Each room provides flexibility for family, guests, or a home office, all conveniently located near well-appointed bathrooms. Step outside of your sliding glass doors off of the den into a beautifully landscaped backyard with a deck, ideal for entertaining or enjoying quiet moments outdoors. Magnolia Avenue is the perfect location: close to parks, schools, shopping, and dining, allowing you to enjoy a vibrant community atmosphere. Don’t miss the chance to make this classic Larchmont gem yours - schedule a showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1932
  • Stories: 2
  • Living Area: 2,022 SqFt

Listing Office:

  • Office Name: Howard Hanna Real Estate Svcs.
  • Listing Agent: Lauren Conner

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic, Wood
  • Interior: Fireplace Wood, Pull Down Attic Stairs
  • Fireplace: Wood Burning Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck

Parking Information:

  • Parking: Garage Det 1 Car, Driveway Spc, Street

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Radiant
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $485,000
  • Price Per SqFt: $240/SqFt

Tax Information:

  • Annual Amount: $3,656
  • 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

$324.6K

Med. Price/SqFt

$205

Avg. Days On Market

76

# of Sold Homes

206

1115 Magnolia Ave vs Norfolk

37 DAYS ON ROCKET

-39 Days

$485,000

+$160.3K More

$240/SqFt

+$35 More

KEY TAKEAWAY

This property is $160.3K more than the Median List Price and $35/SqFt more than other homes in Norfolk, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10555171

Listing Office:

  • Office Name: Howard Hanna Real Estate Svcs.
  • Listing Agent: Lauren Conner

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,656$292,500
2020$3,440$281,700
2019$3,486$275,200
2018$3,486$278,900
2017$3,196$277,900

History based on county public records data.

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$2,488

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,521

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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-283221
6
/10

  • Larchmont Elementary School

  • 1145 Bolling Ave

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-283222
2
/10

  • Granby Elementary School

  • 7101 Newport Ave

  • 1.42 miles

  • Public District Grades PK-5

school-card-donut-283223
3
/10

  • James Monroe Elementary School

  • 520 W 29th St

  • 1.45 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 $69,512. Most Norfolk, VA residents have annual incomes between $35k-100k. 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 1115 Magnolia Ave

What is the listing price of this property?

The listing price of 1115 Magnolia Ave property is $485,000.

What type of property is this?

The property 1115 Magnolia Ave is a house located in Norfolk, Virginia, 23508.

Is this property for sale now?

Active Listing: 1115 Magnolia 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 $3,656 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1115 Magnolia Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1115 Magnolia Ave is 2,022 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1115 Magnolia Ave is 1932.

Rocket Homes›Virginia›Norfolk›23508›1115 Magnolia Ave

This home is located at 1115 Magnolia Ave in Norfolk, VA and zip code 23508 in the Larchmont Edgewater neighborhood. This 2,022 square foot home, which was built in 1932, sits on a 0.12 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $485,000.

In October 2024 in Norfolk, VA there were 12.9% more homes for sale than in September 2024. While the average time on the market in October 2024 was 76 days, the median list price was $324,673.

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

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