1 month on rocket

700 Raleigh Ave, Norfolk, VA, 23507

$559,000

Home List Price

$6,638*

Closing Credit

5 Bedrooms
2 Full Baths, 2 Partial
3,100 SqFt
$180/SqFt
Townhouse

Location

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700 Raleigh Ave, Norfolk$559,000

Buyer Closing Credits

$6,638*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingStreet
Year Built1909
HeatingNatural Gas
CoolingCentral Air
FireplaceGas Fireplace
MLS #10557466
StatusActive

About 700 Raleigh Ave

Welcome to Raleigh Square! This quaint community of 10 historic townhomes centered around a beautiful courtyard is ready for it's new owner. With high ceilings, beautiful wood floors and built in bookcases the charm is apparent as soon as you arrive. Boasting three bedrooms on the second level and two more additional bedrooms on the third, you will have plenty of space for everyone! If location is what you are looking for, you can't beat this! Close to EVMS, Sentara, CHKD, and restaurants galore! You don't want to miss out on this one.

Property Details

Property Features

Property Information:

  • Architectural Style: Townhouse
  • Year Built: 1909
  • Stories: 3
  • Living Area: 3,100 SqFt

Listing Office:

  • Office Name: Own Real Estate LLC
  • Listing Agent: Sarah Carr

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Ceramic, Wood
  • Interior: Fireplace Gas-natural, Skylights, Walk-In Closet
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Street

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $559,000
  • Price Per SqFt: $180/SqFt

Tax Information:

  • Annual Amount: $4,804
  • 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

700 Raleigh Ave vs Norfolk

51 DAYS ON ROCKET

-32 Days

$559,000

+$234K More

$180/SqFt

-$23 Less

KEY TAKEAWAY

This property is $234K more than the Median List Price and $23/SqFt less than other homes in Norfolk, VA.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Number: #10557466

Listing Office:

  • Office Name: Own Real Estate LLC
  • Listing Agent: Sarah Carr

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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$4,804$384,300
2020$4,680$379,000
2019$4,493$374,400
2018$4,493$359,400
2017$4,081$354,900

History based on county public records data.

Payment Calculator

$2,857

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,742

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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-822849
8
/10

  • W. H. Taylor Elementary School

  • 1122 W Princess Anne Rd

  • 0.57 miles

  • Public District Grades PK-5

school-card-donut-822850
3
/10

  • James Monroe Elementary School

  • 520 W 29th St

  • 1.07 miles

  • Public District Grades PK-5

school-card-donut-822851
2
/10

  • Tidewater Park Elementary School

  • 1045 E Brambleton Ave

  • 1.42 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,636. The majority of Norfolk, VA residents have income between $35k-100k annually. Residents typically live in single, no kids family. 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 700 Raleigh Ave

What is the listing price of this property?

The listing price of 700 Raleigh Ave property is $559,000.

What type of property is this?

The property 700 Raleigh Ave is a townhouse located in Norfolk, Virginia, 23507.

Is this property for sale now?

Active Listing: 700 Raleigh 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 $4,804 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 700 Raleigh Ave has 5 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 700 Raleigh Ave is 3,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 700 Raleigh Ave is 1909.

Rocket Homes›Virginia›Norfolk›23507›700 Raleigh Ave

This home is located at 700 Raleigh Ave in Norfolk, VA and zip code 23507 in the Ghent Neighborhood League neighborhood. This 3,100 square foot home was built in 1909. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $559,000.

The inventory of homes for sale in Norfolk, VA between October 2024 and November 2024 increased by 2.8%. Listings spent 83 days on the market in November 2024, and had a median list price of $325,000 during the same period.

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

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