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1705 Fontainebleau Cres, Norfolk, VA, 23509

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
1,980 SqFt
$227/SqFt
Multi

Location

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1705 Fontainebleau Cres, Norfolk$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1939
MLS #10558858
StatusActive
(New Listing)

About 1705 Fontainebleau Cres

Solid brick, one story, 4 unit apartment bldg in Lafayette Res Park. Newer electric panel boxes, replacement windows and water heaters. This unit is perfect for an owner occupant. Let the tenants pay your mortgage!. A great investment opportunity! Each unit is renting at $850.00 per month. Centrally located from downtown Norfolk, ODU, EVMS, Norfolk Int'l Airport, Chesapeake Bay Beaches, NOB/NAS & Interstate 64 access.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1939
  • Living Area: 1,980 SqFt

Listing Office:

  • Office Name: Fit Realty
  • Listing Agent: Marion Cates

Interior Features

Interior Information:

  • Basement: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $227/SqFt

Tax Information:

  • Annual Amount: $3,205
  • 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

1705 Fontainebleau Cres vs Norfolk

1 DAY ON ROCKET

-75 Days

$450,000

+$125.3K More

$227/SqFt

+$22 More

KEY TAKEAWAY

This property is $125.3K more than the Median List Price and $22/SqFt more than other homes in Norfolk, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10558858

Listing Office:

  • Office Name: Fit Realty
  • Listing Agent: Marion Cates

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Last updated on: 11/14/2024, 9:20:50 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$3,205$256,400
2020$2,998$248,400
2019$2,996$239,800
2018$2,996$239,700
2017$2,353$204,600

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-274826
4
/10
  • Willard Model Elementary School

  • 1511 Willow Wood Dr

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-274827
5
/10
  • Lindenwood Elementary School

  • 2700 Ludlow St

  • 0.69 miles

  • Public District Grades PK-5

school-card-donut-274828
3
/10
  • James Monroe Elementary School

  • 520 W 29th St

  • 1.34 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,093. The majority of Norfolk, VA residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesVirginiaNorfolk235091705 Fontainebleau Cres

This home is located at 1705 Fontainebleau Cres in Norfolk, VA and zip code 23509 in the Lafayette Park neighborhood. This 1,980 square foot home was built in 1939. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $450,000.

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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