new - 5 hours on rocket

1349 Shanks St, Norfolk, VA, 23504

$239,900

Home List Price

$2,849*

Closing Credit

0 Baths
1,837 SqFt
$131/SqFt
Multi

Location

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1349 Shanks St, Norfolk$239,900

Buyer Closing Credits

$2,849*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1955
MLS #10559888
StatusActive
(New Listing)

About 1349 Shanks St

This charming duplex features a 2-bedroom, 1-bath unit ready to move into or lease downstairs and a 1 bedroom 1 bathrooms unit upstairs currently rented. Great investment or house hack! Recent updates include the Roof, HVAC in 2022. Electric panel ,water heater in 2024. Located near EVMS, Colley Ave, ODU, NSU, NOB, Ghent, and downtown breweries, this property offers convenience and vibrant city living. Don’t miss out on this fantastic opportunity! Schedule your tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: Converted S.F.
  • Year Built: 1955
  • Living Area: 1,837 SqFt

Listing Office:

  • Office Name: 1st Class Real Estate Flagship
  • Listing Agent: Jacob Sloop

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot: Cul-De-Sac

Price Information

Listing Price Info

Price Summary:

  • List Price: $239,900
  • Price Per SqFt: $131/SqFt

Tax Information:

  • Annual Amount: $1,471
  • 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

1349 Shanks St vs Norfolk

1 DAY ON ROCKET

-75 Days

$239,900

-$84.7K Less

$131/SqFt

-$74 Less

KEY TAKEAWAY

This property is $84.7K less than the Median List Price and $74/SqFt less than other homes in Norfolk, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10559888

Listing Office:

  • Office Name: 1st Class Real Estate Flagship
  • Listing Agent: Jacob Sloop

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Last updated on: 11/21/2024, 5:20:51 PM 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$1,471$117,700
2020$1,246$116,800
2019$1,253$99,700
2018$1,253$100,200
2017$1,153$100,300

History based on county public records data.

Payment Calculator

$1,265

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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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-380389
2
/10
  • Jacox Elementary School

  • 1300 Marshall Ave

  • 0.17 miles

  • Public District Grades PK-5

school-card-donut-380390
3
/10
  • Richard Bowling Elementary School

  • 2700 E Princess Anne Rd

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-380391
5
/10
  • Lindenwood Elementary School

  • 2700 Ludlow St

  • 0.91 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,494. Most Norfolk, VA residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Norfolk, VA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Norfolk, VA?

Norfolk's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to suit various preferences. The architectural styles in Norfolk are eclectic, with a significant number of properties reflecting historical charm alongside modern and contemporary designs. The city's homeownership rate is robust, with a substantial portion of residents owning their homes, while the remainder of the population opts for rental opportunities.

Is Norfolk, VA a good place to live?

Norfolk prides itself on its rich maritime history and strong military presence, given its strategic coastal location. The community's character is further defined by its vibrant arts scene, with numerous galleries and theaters contributing to the cultural fabric of the city. Annual events, such as the Norfolk Waterfront Jazz Festival, highlight the city's love for music and community gatherings.

Are things conveniently located in Norfolk, VA?

The city is served by a comprehensive educational system, including a variety of public and private schools that cater to different educational needs, some with religious affiliations. Norfolk's healthcare infrastructure is well-established, with several hospitals offering a range of services from emergency care to specialized treatments. The public library system is extensive, supporting the community's educational and informational needs. Retail and dining options are plentiful, reflecting the local culture and cuisine, with ongoing initiatives to enhance these services to meet the evolving demands of the community.

What does the transportation in Norfolk, VA look like?

Norfolk's transportation infrastructure supports both private and public transit options, with a network of roads and highways facilitating travel within and beyond the city. Public transportation is available, with bus services operating on a set schedule, providing residents with reliable means of commuting. The city also accommodates ride-sharing services, enhancing mobility options for residents. Certain areas of Norfolk are known for their walkability, offering pedestrian-friendly environments, while bike paths are also available for cycling enthusiasts.

Rocket HomesVirginiaNorfolk235041349 Shanks St

This home is located at 1349 Shanks St in Norfolk, VA and zip code 23504. This 1,837 square foot home was built in 1955. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $239,900.

The number of homes for sale in Norfolk, VA increased by 12.9% between September 2024 and October 2024. Listings spent 76 days on the market in October 2024, and had a median list price of $324,673 during the same period.

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

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