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408 Fairfax Ave, Norfolk, VA, 23507

$535,000

Home List Price

$6,353*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
2,420 SqFt
$221/SqFt
House

Location

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408 Fairfax Ave, Norfolk$535,000

Buyer Closing Credits

$6,353*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingStreet
Year Built1901
HeatingHeat Pump, Natural Gas, Other, Zoned
CoolingCentral Air, Zoned
BasementYes
FireplaceGas Fireplace
MLS #10558676
Lot Size0.06 Acres
StatusActive
(New Listing)

About 408 Fairfax Ave

Lovely turn of the century Victorian Home – this house features 10’ Ceilings, oversized crown & baseboard moldings, and heart pine floors. Formal rooms include a living room with fireplace, and a large dining room, both have arched doorways with hand carved side columns. The family size eat-in kitchen has hardwood floors and a gas fireplace. Beyond the kitchen is a half bath and a family room with tile floors and a large window overlooking the back deck and English style secret garden. The second floor is complete with an ensuite primary bedroom, a guest bath, and a guest bedroom. The 3rd floor has a second primary ensuite bedroom with lots of windows, and a large attic storage room. The basement has a work bench and doors to both the front and back of the house. All fireplaces sold “as-is”, flood insurance not required.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1901
  • Stories: 3
  • Living Area: 2,420 SqFt

Listing Office:

  • Office Name: BHHS RW Towne Realty
  • Listing Agent: Alan Psimas

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic, Laminate/LVP, Wood
  • Interior: Bar, Cathedral Ceiling, Cedar Closet, Fireplace Gas-natural, Perm Attic Stairs
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck, Patio

Parking Information:

  • Parking: Street

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $535,000
  • Price Per SqFt: $221/SqFt

Tax Information:

  • Annual Amount: $4,771
  • 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

408 Fairfax Ave vs Norfolk

2 DAYS ON ROCKET

-74 Days

$535,000

+$210.3K More

$221/SqFt

+$16 More

KEY TAKEAWAY

This property is $210.3K more than the Median List Price and $16/SqFt more than other homes in Norfolk, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10558676

Listing Office:

  • Office Name: BHHS RW Towne Realty
  • Listing Agent: Alan Psimas

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,771$381,700
2020$4,476$374,200
2019$4,599$358,100
2018$4,599$367,900
2017$4,140$360,000

History based on county public records data.

Payment Calculator

$2,738

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,670

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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-33154
8
/10
  • W. H. Taylor Elementary School

  • 1122 W Princess Anne Rd

  • 0.91 miles

  • Public District Grades PK-5

school-card-donut-33155
2
/10
  • Tidewater Park Elementary School

  • 1045 E Brambleton Ave

  • 1.11 miles

  • Public District Grades 3-5

school-card-donut-33156
3
/10
  • James Monroe Elementary School

  • 520 W 29th St

  • 1.28 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,915. Most Norfolk, VA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree 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.

Types of housing 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.

What is it like to live in Norfolk, VA?

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.

Is it easy to get around Norfolk, VA without a car?

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.

Transportation in Norfolk, VA.

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.

Frequently Asked Questions About 408 Fairfax Ave

What is the listing price of this property?

The listing price of 408 Fairfax Ave property is $535,000.

What type of property is this?

The property 408 Fairfax Ave is a house located in Norfolk, Virginia, 23507.

Is this property for sale now?

Active Listing: 408 Fairfax Ave 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 $4,771 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 408 Fairfax Ave has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 408 Fairfax Ave is 2,420 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 408 Fairfax Ave is 1901.

Rocket HomesVirginiaNorfolk23507408 Fairfax Ave

This home is located at 408 Fairfax Ave in Norfolk, VA and zip code 23507. This 2,420 square foot home, which was built in 1901, sits on a 0.06 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $535,000.

In October 2024 in Norfolk, VA there were 12.9% more homes for sale than in September 2024. In October 2024 median list price was $324,673 and the average listing age was 76 days.

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

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