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1416 Melrose Pkwy, Norfolk, VA, 23508

$395,000

Home List Price

$4,691*

Closing Credit

4 Bedrooms
2 Full Baths
1,840 SqFt
$215/SqFt
House

Location

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1416 Melrose Pkwy, Norfolk$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingStreet
Year Built1920
HeatingHeat Pump, Natural Gas, Other
CoolingCentral Air, Heat Pump
FireplaceDecorative
MLS #10553676
StatusActive

About 1416 Melrose Pkwy

RANCH STYLE HOME 4BR, 2BATH IN SOUGHT AFTER LARCHMONT NEIGHBORHOOD. ONLY ONE BLOCK TO ODU. LARGE FRONT SCREENED PORCH, LIVING ROOM WITH FIREPLACE (DECORATIVE),DINING ROOM, LAMINATE & NEW CARPET FLOORING. MANY UPDATES IN 2018 INCLUDE-CENTRAL HEATING/COOLING,ARCH. ROOF,UPDATED ELECTRICAL SYSTEM, MANY WINDOWS. NEW CEILING FANS, FRESHLY PAINTED INTERIOR, FENCED BACK YARD, ALL APPLIANCES CONVEY. GREAT SCHOOL DISTRICT! COME SEE TODAY!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,840 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, /Dryer Connection, Range, Electric Range, Refrigerator, Washer, Washer Connection
  • Basement: No
  • Flooring Type: Carpet, Laminate/LVP
  • Interior: Fireplace Decorative, Scuttle Access, Window Treatments
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Storage Shed

Parking Information:

  • Parking: Street

Utilities

Utilities Information:

  • Heating: Heat Pump, Natural Gas, Other
  • Cooling: Central Air, Heat Pump

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000
  • Price Per SqFt: $215/SqFt

Tax Information:

  • Annual Amount: $2,826
  • 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

1416 Melrose Pkwy vs Norfolk

49 DAYS ON ROCKET

-27 Days

$395,000

+$70.3K More

$215/SqFt

+$10 More

KEY TAKEAWAY

This property is $70.3K more than the Median List Price and $10/SqFt more than other homes in Norfolk, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10553676

Listing Office:

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

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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$2,826$226,100
2020$2,673$221,800
2019$2,595$213,800
2018$2,595$207,600
2017$2,514$218,600

History based on county public records data.

Payment Calculator

$2,039

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

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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-279382
6
/10
  • Larchmont Elementary School

  • 1145 Bolling Ave

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-279383
3
/10
  • James Monroe Elementary School

  • 520 W 29th St

  • 1.34 miles

  • Public District Grades PK-5

school-card-donut-279384
8
/10
  • W. H. Taylor Elementary School

  • 1122 W Princess Anne Rd

  • 1.38 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,750. The most common annual income of people living in Norfolk, VA is 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 1416 Melrose Pkwy

What is the listing price of this property?

The listing price of 1416 Melrose Pkwy property is $395,000.

What type of property is this?

The property 1416 Melrose Pkwy is a house located in Norfolk, Virginia, 23508.

Is this property for sale now?

Active Listing: 1416 Melrose Pkwy 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 $2,826 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1416 Melrose Pkwy has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1416 Melrose Pkwy is 1,840 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1416 Melrose Pkwy is 1920.

Rocket Homes›Virginia›Norfolk›23508›1416 Melrose Pkwy

This home is located at 1416 Melrose Pkwy in Norfolk, VA and zip code 23508 in the Larchmont Edgewater neighborhood. This 1,840 square foot home was built in 1920. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $395,000.

The number of listings in Norfolk, VA increased by 12.9% between September 2024 and October 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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