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1612 Melrose Pkwy, Norfolk, VA, 23508

$325,000

Home List Price

$3,859*

Closing Credit

4 Bedrooms
1 Full Bath
1,254 SqFt
$259/SqFt
House

Location

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1612 Melrose Pkwy, Norfolk$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking1 Space, Driveway Spc, Street
Year Built1940
HeatingNatural Gas
CoolingNone
MLS #10558782
Lot Size0.12 Acres
StatusActive
(New Listing)

About 1612 Melrose Pkwy

THIS HOME IS BEING SOLD AS IS, BRING YOUR CASH OR REHAB BUYERS. THIS 4 BEDROOMS, 1 BATHROOM CAPE COD WITH A LARGE BACKYARD IS LOCATED A BLOCK IN A HALF FROM ODU ALSO LOCATED NEAR THE NEW RAILROAD DISTRICT AND MILITARY BASES.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1940
  • Stories: 2
  • Living Area: 1,254 SqFt

Listing Office:

  • Office Name: Judy Boone Realty Inc.
  • Listing Agent: Johnny Boone

Interior Features

Interior Information:

  • Appliances: None
  • Basement: No
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: 1 Space, Driveway Spc, Street

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $259/SqFt

Tax Information:

  • Annual Amount: $2,583
  • 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

1612 Melrose Pkwy vs Norfolk

1 DAY ON ROCKET

-75 Days

$325,000

+$326 More

$259/SqFt

+$54 More

KEY TAKEAWAY

This property is $326 more than the Median List Price and $54/SqFt more than other homes in Norfolk, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10558782

Listing Office:

  • Office Name: Judy Boone Realty Inc.
  • Listing Agent: Johnny Boone

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Last updated on: 11/14/2024, 1:20:49 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$2,583$206,600
2020$2,449$200,800
2019$473$195,900
2018$473$189,100
2017$2,149$186,900

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-511735
6
/10

  • Larchmont Elementary School

  • 1145 Bolling Ave

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-511736
8
/10

  • W. H. Taylor Elementary School

  • 1122 W Princess Anne Rd

  • 1.43 miles

  • Public District Grades PK-5

school-card-donut-511737
3
/10

  • James Monroe Elementary School

  • 520 W 29th St

  • 1.53 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. Residents of Norfolk, VA typically earn between $35k-100k each year. 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 1612 Melrose Pkwy

What is the listing price of this property?

The listing price of 1612 Melrose Pkwy property is $325,000.

What type of property is this?

The property 1612 Melrose Pkwy is a house located in Norfolk, Virginia, 23508.

Is this property for sale now?

Active Listing: 1612 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 $2,583 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1612 Melrose Pkwy has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1612 Melrose Pkwy is 1,254 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1612 Melrose Pkwy is 1940.

Rocket Homes›Virginia›Norfolk›23508›1612 Melrose Pkwy

This home is located at 1612 Melrose Pkwy in Norfolk, VA and zip code 23508 in the Larchmont Edgewater neighborhood. This 1,254 square foot home, which was built in 1940, sits on a 0.12 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $325,000.

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