4 months on rocket

1326 Monterey Ave, Norfolk, VA, 23508

$479,000

Home List Price

$5,688*

Closing Credit

0 Baths
2,200 SqFt
$218/SqFt
Multi

Location

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1326 Monterey Ave, Norfolk$479,000

Buyer Closing Credits

$5,688*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1948
MLS #10540026
StatusActive

About 1326 Monterey Ave

HUGE REDUCTION- WANT TO SELL QUICKLY! Great cash flowing duplex in highly desirable Larchmont! Each unit features 2 bedrooms, kitchen, dining room, living room, and full bath. Large walk up attic boasts generous storage space, and common laundry is located conveniently in utility room at rear of the property. Driveway can accommodate up to 4 vehicles, in addition to the detached two car garage. Unit 1 hardwood flooring refinished, Unit 2 new carpet, new entry foyer flooring, new carpet at common stairs, and fully repainted interior. Don't miss this opportunity to add a strong performer to your portfolio! No flood insurance required. Home warranty has been prepaid until 1/8/2027 and transfers with property. Many upgrades have been done in recent years. Check out this gem before it is gone! Seller also owns MLS # 10540033(1408 Monterey Ave.) and MLS#10541735(2037 E. Ocean View) willing to do a package deal for the right buyer

Property Details

Property Features

Property Information:

  • Architectural Style: Over/Under
  • Year Built: 1948
  • Living Area: 2,200 SqFt

Listing Office:

  • Office Name: Howard Hanna Real Estate Svcs.
  • Listing Agent: Tina Dubois

Interior Features

Interior Information:

  • Basement: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $479,000
  • Price Per SqFt: $218/SqFt

Tax Information:

  • Annual Amount: $4,289
  • 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

1326 Monterey Ave vs Norfolk

140 DAYS ON ROCKET

+64 Days

$479,000

+$154.3K More

$218/SqFt

+$13 More

KEY TAKEAWAY

This property is $154.3K more than the Median List Price and $13/SqFt more than other homes in Norfolk, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10540026

Listing Office:

  • Office Name: Howard Hanna Real Estate Svcs.
  • Listing Agent: Tina Dubois

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,289$343,100
2020$3,965$325,600
2019$3,906$317,200
2018$3,906$312,500
2017$3,601$313,100

History based on county public records data.

Payment Calculator

$2,458

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,503

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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-110652
6
/10

  • Larchmont Elementary School

  • 1145 Bolling Ave

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-110653
3
/10

  • James Monroe Elementary School

  • 520 W 29th St

  • 1.34 miles

  • Public District Grades PK-5

school-card-donut-110654
8
/10

  • W. H. Taylor Elementary School

  • 1122 W Princess Anne Rd

  • 1.50 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 $73,750. The majority of Norfolk, VA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Norfolk›23508›1326 Monterey Ave

This home is located at 1326 Monterey Ave in Norfolk, VA and zip code 23508 in the Larchmont Edgewater neighborhood. This 2,200 square foot home was built in 1948. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $479,000.

The inventory of homes for sale in Norfolk, VA between September 2024 and October 2024 increased by 12.9%. 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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