2 months on rocket

531 W 38th St, Norfolk, VA, 23508

$350,000

Home List Price

$4,156*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,749 SqFt
$200/SqFt
House

Location

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531 W 38th St, Norfolk$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingClose to Mass Transit, Multi Car, Off Street, Driveway Spc
Year Built1926
HeatingNatural Gas
CoolingNone
BasementYes
FireplaceDecorative
MLS #10549440
StatusActive

About 531 W 38th St

Do you want to be close to downtown, but also want a nice sized yard and a big front porch? This all-brick home is on three lots. World class charm from the foyer, to the living room to the formal dining room. Original hardwood floors throughout, classic wood doors, wide molding and trim, large windows promotes natural light, Potential additional living space exists with a basement with room for a workshop and a huge walkable attic with permanent stairs and an additional room The home is wired for A/C with ductwork, Owner may consider replacing the unit with the right offer. Appliances work but convey as is. Updated plumbing, electrical, a new gas furnace, water heater and newer windows. Prime location close to Downtown, providing opportunities for entertainment and recreation, close to local eateries, shows, shops, the zoo, the Chrysler Museum, the Opera House, and parks. This home offers potential for customization with lots of possibilities.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Traditional
  • Year Built: 1926
  • Stories: 1
  • Living Area: 1,749 SqFt

Listing Office:

  • Office Name: EXIT Realty Central
  • Listing Agent: Cynthia Garrett

Interior Features

Interior Information:

  • Appliances: Dishwasher, /Dryer Connection, Electric Range, Refrigerator, Washer Connection
  • Basement: Yes
  • Flooring Type: Ceramic, Wood
  • Interior: Fireplace Decorative, Perm Attic Stairs, Walk-In Attic, Window Treatments
  • Fireplace: Decorative

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Patio, Storage Shed

Parking Information:

  • Attached Garage: No
  • Parking: Close to Mass Transit, Multi Car, Off Street, Driveway Spc

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $200/SqFt

Tax Information:

  • Annual Amount: $4,033
  • 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

531 W 38th St vs Norfolk

74 DAYS ON ROCKET

-2 Days

$350,000

+$25.3K More

$200/SqFt

-$5 Less

KEY TAKEAWAY

This property is $25.3K more than the Median List Price and $5/SqFt less than other homes in Norfolk, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10549440

Listing Office:

  • Office Name: EXIT Realty Central
  • Listing Agent: Cynthia Garrett

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,033$322,600
2020$750$295,900
2019$1,767$279,500
2018$1,767$263,400
2017$3,007$261,500

History based on county public records data.

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$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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-293396
3
/10

  • James Monroe Elementary School

  • 520 W 29th St

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-293397
6
/10

  • Larchmont Elementary School

  • 1145 Bolling Ave

  • 0.96 miles

  • Public District Grades PK-5

school-card-donut-293398
8
/10

  • W. H. Taylor Elementary School

  • 1122 W Princess Anne Rd

  • 1.14 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 $32,727. Most Norfolk, VA residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 W 38th St

What is the listing price of this property?

The listing price of 531 W 38th St property is $350,000.

What type of property is this?

The property 531 W 38th St is a house located in Norfolk, Virginia, 23508.

Is this property for sale now?

Active Listing: 531 W 38th St 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 $4,033 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 531 W 38th St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 531 W 38th St is 1,749 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 W 38th St is 1926.

Rocket Homes›Virginia›Norfolk›23508›531 W 38th St

This home is located at 531 W 38th St in Norfolk, VA and zip code 23508 in the Kensington / Old Dominion neighborhood. This 1,749 square foot home was built in 1926. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $350,000.

Between September 2024 and October 2024, Norfolk, VA real estate market has seen increase in the number of listings by 12.9%. Listings spent 76 days on the market in October 2024, and had a median list price of $324,673 during the same period.

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

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