5 months on rocket

540 Pembroke Ave, Norfolk, VA, 23507

$965,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
3 Full Baths, 1 Partial
5,415 SqFt
$178/SqFt
House

Location

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540 Pembroke Ave, Norfolk$965,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Det 1 Car, 2 Space, Off Street, Driveway Spc
Year Built1898
HeatingHeat Pump, Natural Gas, Radiant, Zoned
CoolingHeat Pump, Zoned
BasementYes
FireplaceDecorative, Gas Fireplace
MLS #10534705
StatusActive

About 540 Pembroke Ave

Complete and total renovation while prioritizing preservation of architectural details in 2017 & 2018. Stunning restoration included new kitchen w/top-of-the-line Thermador app package including warming drawer, subzero ice maker, prep sink, stunning backsplash, custom cabinets, Charston Cambria quartz counters, vent , 3.5 stunning baths w/heated flrs in primary, 2 new heat pumps, 4 new mini splits, tankless water heater, new wiring, new plumbing, rebuilt garage w/new roof, family room addition, generator & an elevator w/ground level access. Other features include welcoming front porch, custom mill work, refurbished slate roof, gleaming hardwood floors, 6 fireplaces & full basement. No flood insurance required.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1898
  • Stories: 3
  • Living Area: 5,415 SqFt

Listing Office:

  • Office Name: Howard Hanna Real Estate Svcs.
  • Listing Agent: Kathryn Kramer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic, Marble, Slate, Wood
  • Interior: Fireplace Decorative, Fireplace Gas-propane, Walk-In Attic, Walk-In Closet, Window Treatments
  • Fireplace: Decorative, Gas Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Inground Sprinkler, Patio

Parking Information:

  • Attached Garage: No
  • Parking: Garage Det 1 Car, 2 Space, Off Street, Driveway Spc

Utilities

Utilities Information:

  • Heating: Heat Pump, Natural Gas, Radiant, Zoned
  • Cooling: Heat Pump, Zoned

Price Information

Listing Price Info

Price Summary:

  • List Price: $965,000
  • Price Per SqFt: $178/SqFt

Tax Information:

  • Annual Amount: $10,995
  • 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

540 Pembroke Ave vs Norfolk

176 DAYS ON ROCKET

+100 Days

$965,000

+$640.3K More

$178/SqFt

-$27 Less

KEY TAKEAWAY

This property is $640.3K more than the Median List Price and $27/SqFt less than other homes in Norfolk, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10534705

Listing Office:

  • Office Name: Howard Hanna Real Estate Svcs.
  • Listing Agent: Kathryn Kramer

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,995$879,600
2020$10,590$868,100
2019$10,155$847,200
2018$9,300$744,000
2017$8,319$723,400

History based on county public records data.

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$4,884

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,960

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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-342759
8
/10

  • W. H. Taylor Elementary School

  • 1122 W Princess Anne Rd

  • 0.82 miles

  • Public District Grades PK-5

school-card-donut-342760
2
/10

  • Tidewater Park Elementary School

  • 1045 E Brambleton Ave

  • 1.26 miles

  • Public District Grades 3-5

school-card-donut-342761
3
/10

  • James Monroe Elementary School

  • 520 W 29th 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 $44,915. Residents of Norfolk, VA typically earn between $35k-100k each year. Typical family type is 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 540 Pembroke Ave

What is the listing price of this property?

The listing price of 540 Pembroke Ave property is $965,000.

What type of property is this?

The property 540 Pembroke Ave is a house located in Norfolk, Virginia, 23507.

Is this property for sale now?

Active Listing: 540 Pembroke 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 $10,995 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 540 Pembroke Ave has 6 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 540 Pembroke Ave is 5,415 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 540 Pembroke Ave is 1898.

Rocket Homes›Virginia›Norfolk›23507›540 Pembroke Ave

This home is located at 540 Pembroke Ave in Norfolk, VA and zip code 23507 in the Ghent Neighborhood League neighborhood. This 5,415 square foot home was built in 1898. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $965,000.

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

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

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