9 days on rocket

435 Monticello Ave Unit 500B, Norfolk, VA, 23510

$279,000

Home List Price

$3,313*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,187 SqFt
$235/SqFt
Condo

Location

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435 Monticello Ave Unit 500B, Norfolk$279,000

Buyer Closing Credits

$3,313*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking1 Space, Lot
Year Built1920
HeatingHeat Pump
CoolingCentral Air
BasementYes
MLS #10563164
StatusActive

About 435 Monticello Ave Unit 500B

Incredible property; open loft, fantastic location, walkable to everything in downtown Norfolk only minutes from Chrysler Hall and Scope. Most furnishings are negotiable with offer. Best of all, assumable VA loan with 2.5% rate! Kitchen features stainless steel island, maple cabinets and granite. Twelve foot high ceilings open the space with surrounding windows to let in natural light accentuating exposed brick walls. Powered shades to meter or enjoy the sunset views. Parking in adjacent lot, security door at the lobby, and elevator making the fifth floor the most desired in the building!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemp, Mid Rise
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,187 SqFt

Listing Office:

  • Office Name: Swell Realty Co
  • Listing Agent: Mark Ferley

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic, Laminate/LVP
  • Interior: Bar, Window Treatments

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: 1 Space, Lot

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $279,000
  • Price Per SqFt: $235/SqFt

Tax Information:

  • Annual Amount: $3,137
  • 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

$325K

Med. Price/SqFt

$203

Avg. Days On Market

83

# of Sold Homes

198

435 Monticello Ave Unit 500B vs Norfolk

9 DAYS ON ROCKET

-74 Days

$279,000

-$46K Less

$235/SqFt

+$32 More

KEY TAKEAWAY

This property is $46K less than the Median List Price and $32/SqFt more than other homes in Norfolk, VA.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Number: #10563164

Listing Office:

  • Office Name: Swell Realty Co
  • Listing Agent: Mark Ferley

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Last updated on: 12/21/2024, 11:55:56 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$3,137$222,500
2020$2,346$222,200
2019$1,836$230,600
2018$1,836$220,300
2017$1,317$222,400

History based on county public records data.

Payment Calculator

$1,460

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$903

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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-826805
2
/10

  • Tidewater Park Elementary School

  • 1045 E Brambleton Ave

  • 0.60 miles

  • Public District Grades 3-5

school-card-donut-826806
2
/10

  • Jacox Elementary School

  • 1300 Marshall Ave

  • 1.34 miles

  • Public District Grades PK-5

school-card-donut-826807
1
/10

  • St. Helena Elementary School

  • 903 S Main St

  • 1.47 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 $72,087. The most common annual income of people living in Norfolk, VA is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 435 Monticello Ave Unit 500B

What is the listing price of this property?

The listing price of 435 Monticello Ave Unit 500B property is $279,000.

What type of property is this?

The property 435 Monticello Ave Unit 500B is a condo located in Norfolk, Virginia, 23510.

Is this property for sale now?

Active Listing: 435 Monticello Ave Unit 500B 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 $3,137 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 435 Monticello Ave Unit 500B has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 435 Monticello Ave Unit 500B is 1,187 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 435 Monticello Ave Unit 500B is 1920.

Rocket Homes›Virginia›Norfolk›23510›435 Monticello Ave Unit 500B

This home is located at 435 Monticello Ave Unit 500B in Norfolk, VA and zip code 23510 in the Downtown Norfolk neighborhood. This 1,187 square foot home was built in 1920. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $279,000.

Between October 2024 and November 2024, Norfolk, VA real estate market has seen increase in the number of listings by 2.8%. The median list price of listings available in November 2024 was $325,000, while the average time on the real estate market was 83 days.

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

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