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505 Carolina Ave, Norfolk, VA, 23508

$424,900

Home List Price

$5,046*

Closing Credit

3 Bedrooms
3 Full Baths
2,233 SqFt
$190/SqFt
House

Location

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505 Carolina Ave, Norfolk$424,900

Buyer Closing Credits

$5,046*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway Spc, Street
Year Built1920
HeatingHeat Pump
CoolingCentral Air
FireplaceDecorative, Electric Fireplace
MLS #10554863
StatusActive

About 505 Carolina Ave

Welcome home; where historic charm meets modern convenience! This beautifully updated residence boasts a new roof, HVAC system, and windows. Adorable front porch for relaxing & enjoying the beautiful fall weather! Step inside to discover an open-concept living area that seamlessly flows into a stylish kitchen, good for entertaining and family gatherings. The primary bedroom features a luxurious ensuite bathroom complete with a double vanity and a spacious walk-in closet, providing a serene retreat at the end of the day. Enormous laundry room that can double as a pantry area. The expansive, fenced-in backyard offers ample space for outdoor activities, gardening, or simply enjoying the fresh air in privacy. This home is a perfect blend of colonial character and contemporary comfort—don't miss your chance to make it yours!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Transitional
  • Year Built: 1920
  • Stories: 2
  • Living Area: 2,233 SqFt

Listing Office:

  • Office Name: Creed Realty
  • Listing Agent: Sarah Wood Bigler

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, /Dryer Connection, Microwave, Electric Range, Refrigerator, Washer Connection
  • Basement: No
  • Flooring Type: Carpet, Ceramic, Laminate/LVP
  • Interior: Fireplace Decorative, Fireplace Electric, Walk-In Attic, Walk-In Closet
  • Fireplace: Decorative, Electric Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Driveway Spc, Street

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $424,900
  • Price Per SqFt: $190/SqFt

Tax Information:

  • Annual Amount: $3,409
  • 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

505 Carolina Ave vs Norfolk

40 DAYS ON ROCKET

-36 Days

$424,900

+$100.2K More

$190/SqFt

-$15 Less

KEY TAKEAWAY

This property is $100.2K more than the Median List Price and $15/SqFt less than other homes in Norfolk, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10554863

Listing Office:

  • Office Name: Creed Realty
  • Listing Agent: Sarah Wood Bigler

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Last updated on: 11/21/2024, 9:20:52 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$3,409$272,700
2020$3,288$270,500
2019$3,100$263,000
2018$3,100$248,000
2017$2,778$241,600

History based on county public records data.

Payment Calculator

$2,188

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,340

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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-251681
3
/10

  • James Monroe Elementary School

  • 520 W 29th St

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-251682
6
/10

  • Larchmont Elementary School

  • 1145 Bolling Ave

  • 0.95 miles

  • Public District Grades PK-5

school-card-donut-251683
8
/10

  • W. H. Taylor Elementary School

  • 1122 W Princess Anne Rd

  • 1.22 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 $64,000. Most Norfolk, VA residents have annual incomes between $35k-100k. 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

Frequently Asked Questions About 505 Carolina Ave

What is the listing price of this property?

The listing price of 505 Carolina Ave property is $424,900.

What type of property is this?

The property 505 Carolina Ave is a house located in Norfolk, Virginia, 23508.

Is this property for sale now?

Active Listing: 505 Carolina 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 $3,409 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 505 Carolina Ave has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 505 Carolina Ave is 2,233 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Carolina Ave is 1920.

Rocket Homes›Virginia›Norfolk›23508›505 Carolina Ave

This home is located at 505 Carolina Ave in Norfolk, VA and zip code 23508 in the Colonial Place neighborhood. This 2,233 square foot home was built in 1920. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $424,900.

Between September 2024 and October 2024, Norfolk, VA real estate market has seen increase in the number of listings by 12.9%. The median list price of listings available in October 2024 was $324,673, while the average time on the real estate market was 76 days.

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

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