8 days on rocket

1127 E Balview Ave, Norfolk, VA, 23503

$265,000

Home List Price

$3,147*

Closing Credit

0 Baths
1,478 SqFt
$179/SqFt
Multi

Location

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1127 E Balview Ave, Norfolk$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1962
MLS #10558841
StatusActive

About 1127 E Balview Ave

All brick duplex only 3 blocks to Chesapeake Bay! Super location that is NOT in a flood zone. Nice investment property, or live in one side & rent out the other. Take a look!

Property Details

Property Features

Property Information:

  • Architectural Style: Side by Side
  • Year Built: 1962
  • Living Area: 1,478 SqFt

Listing Office:

  • Office Name: BHHS RW Towne Realty
  • Listing Agent: Darnise Hayden

Interior Features

Interior Information:

  • Basement: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $179/SqFt

Tax Information:

  • Annual Amount: $2,118
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Norfolk, VA.

Med. List Price

$324.6K

Med. Price/SqFt

$205

Avg. Days On Market

76

# of Sold Homes

206

1127 E Balview Ave vs Norfolk

8 DAYS ON ROCKET

-68 Days

$265,000

-$59.6K Less

$179/SqFt

-$26 Less

KEY TAKEAWAY

This property is $59.6K less than the Median List Price and $26/SqFt less than other homes in Norfolk, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10558841

Listing Office:

  • Office Name: BHHS RW Towne Realty
  • Listing Agent: Darnise Hayden

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Last updated on: 11/21/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,118$169,400
2020$1,890$160,300
2019$1,810$151,200
2018$1,810$144,800
2017$1,608$139,800

History based on county public records data.

Payment Calculator

$1,390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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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-277783
2
/10
  • Oceanair Elementary School

  • 600 Dudley Ave

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-277784
4
/10
  • Bay View Elementary School

  • 1434 E Bayview Blvd

  • 0.63 miles

  • Public District Grades PK-5

school-card-donut-277785
5
/10
  • Mary Calcott Elementary School

  • 137 E Westmont Ave

  • 1.13 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,774. Residents of Norfolk, VA typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesVirginiaNorfolk235031127 E Balview Ave

This home is located at 1127 E Balview Ave in Norfolk, VA and zip code 23503 in the Bayview neighborhood. This 1,478 square foot home was built in 1962. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $265,000.

Between September 2024 and October 2024, Norfolk, VA real estate market has seen increase in the number of listings 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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