16 days on rocket

525 E Freemason St Unit 1B, Norfolk, VA, 23501

$215,000

Home List Price

$2,553*

Closing Credit

1 Bedroom
1 Full Bath
864 SqFt
$249/SqFt
Condo

Location

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525 E Freemason St Unit 1B, Norfolk$215,000

Buyer Closing Credits

$2,553*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking1 Space, Assigned/Reserved, Close to Mass Transit, Street
Year Built2005
HeatingElectric, Heat Pump
CoolingCentral Air
BasementYes
FireplaceGas Fireplace
MLS #10562325
Lot Size0.02 Acres
StatusActive

About 525 E Freemason St Unit 1B

Charming 1-bedroom, 1-bath condo located on the first floor in the heart of downtown Norfolk. This cozy unit features an open-concept living space, with a kitchen that opens to a private patio through French doors, great for relaxing or entertaining. The building offers added security with a security system and reserved parking for convenience. Ideally located near shopping, EVMS, the MacArthur Center, highways, and more. Plus, just steps away from the city's largest redevelopment project—a 75-acre mixed-use community featuring restaurants, shopping, fitness centers, parks, and more. Don't miss out on this fantastic downtown location!

Property Details

Property Features

Property Information:

  • Architectural Style: Lo Rise
  • Year Built: 2005
  • Stories: 1
  • Living Area: 864 SqFt

Listing Office:

  • Office Name: LPT Realty LLC
  • Listing Agent: DeAnna Virtuoso

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic, Wood
  • Interior: Fireplace Gas-natural, Window Treatments
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: 1 Space, Assigned/Reserved, Close to Mass Transit, Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $215,000
  • Price Per SqFt: $249/SqFt
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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

525 E Freemason St Unit 1B vs Norfolk

16 DAYS ON ROCKET

-67 Days

$215,000

-$110K Less

$249/SqFt

+$46 More

KEY TAKEAWAY

This property is $110K less than the Median List Price and $46/SqFt more than other homes in Norfolk, VA.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Number: #10562325

Listing Office:

  • Office Name: LPT Realty LLC
  • Listing Agent: DeAnna Virtuoso

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,141

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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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-820981
2
/10

  • Tidewater Park Elementary School

  • 1045 E Brambleton Ave

  • 0.43 miles

  • Public District Grades 3-5

school-card-donut-820982
2
/10

  • Jacox Elementary School

  • 1300 Marshall Ave

  • 1.22 miles

  • Public District Grades PK-5

school-card-donut-820983
1
/10

  • St. Helena Elementary School

  • 903 S Main St

  • 1.31 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 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 525 E Freemason St Unit 1B

What is the listing price of this property?

The listing price of 525 E Freemason St Unit 1B property is $215,000.

What type of property is this?

The property 525 E Freemason St Unit 1B is a condo located in Norfolk, Virginia, 23501.

Is this property for sale now?

Active Listing: 525 E Freemason St Unit 1B is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 525 E Freemason St Unit 1B has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 525 E Freemason St Unit 1B is 864 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 E Freemason St Unit 1B is 2005.

Rocket Homes›Virginia›Norfolk›23501›525 E Freemason St Unit 1B

This home is located at 525 E Freemason St Unit 1B in Norfolk, VA and zip code 23501 in the Downtown Norfolk neighborhood. This 864 square foot home, which was built in 2005, sits on a 0.02 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $215,000.

The inventory of homes for sale in Norfolk, VA between October 2024 and November 2024 increased by 2.8%. In November 2024 median list price was $325,000 and the average listing age was 83 days.

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

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