28 days on rocket

7125 Grayfalcon Dr, Norfolk, VA, 23518

$675,000

Home List Price

$8,016*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,800 SqFt
$241/SqFt
House

Location

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7125 Grayfalcon Dr, Norfolk$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Att 2 Car
Attached Garage2 spaces
Year Built1987
HeatingHeat Pump
CoolingCentral Air
WaterfrontLake Front
MLS #10555382
StatusActive

About 7125 Grayfalcon Dr

Discover this stunning home nestled in the highly sought-after Water’s Edge neighborhood. This exceptional property offers direct access to Lake Whitehurst, perfect setting for outdoor enthusiasts. Step inside to find a living room with soaring vaulted ceilings excellent for both relaxation and entertaining that is open to the heart of the home, a beautiful renovated kitchen. Each of the spacious bedrooms is an en-suite, providing privacy and comfort with its own beautifully updated bathrooms. The master suite, a true oasis, boasts a lavishly renovated bathroom with a spa-like ambiance, complete with high-end finishes, dual vanities, and a luxurious walk-in shower. Set in a serene, family-friendly neighborhood with easy access to Norfolk’s vibrant downtown, Navy bases, shopping centers, this home blends modern sophistication with the peaceful lakeside living that makes it a must see!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1987
  • Stories: 2
  • Living Area: 2,800 SqFt

Listing Office:

  • Office Name: 1st Class Real Estate Flagship
  • Listing Agent: Bobby Njoo

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, /Dryer Connection, Microwave, Electric Range, Washer Connection
  • Basement: No
  • Flooring Type: Carpet, Ceramic, Laminate/LVP
  • Interior: Cathedral Ceiling, Primary Sink-Double

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • Exterior: Cul-De-Sac

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Att 2 Car

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $241/SqFt

Tax Information:

  • Annual Amount: $5,500
  • 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

7125 Grayfalcon Dr vs Norfolk

28 DAYS ON ROCKET

-48 Days

$675,000

+$350.3K More

$241/SqFt

+$36 More

KEY TAKEAWAY

This property is $350.3K more than the Median List Price and $36/SqFt more than other homes in Norfolk, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10555382

Listing Office:

  • Office Name: 1st Class Real Estate Flagship
  • Listing Agent: Bobby Njoo

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Last updated on: 11/15/2024, 4:20:49 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$5,500$440,000
2020$5,541$429,500
2019$5,513$443,300
2018$5,513$441,000
2017$5,038$438,100

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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-288367
6
/10

  • Larrymore Elementary School

  • 7600 Halprin Dr

  • 0.17 miles

  • Public District Grades PK-5

school-card-donut-288368
2
/10

  • Little Creek Elementary School

  • 7900 Tarpon Pl

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-288369
7
/10

  • Tarrallton Elementary School

  • 2080 Tarrallton Dr

  • 1.01 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 $93,553. The majority of Norfolk, VA residents have income between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7125 Grayfalcon Dr

What is the listing price of this property?

The listing price of 7125 Grayfalcon Dr property is $675,000.

What type of property is this?

The property 7125 Grayfalcon Dr is a house located in Norfolk, Virginia, 23518.

Is this property for sale now?

Active Listing: 7125 Grayfalcon Dr 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 $5,500 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7125 Grayfalcon Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 7125 Grayfalcon Dr is 2,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7125 Grayfalcon Dr is 1987.

Rocket Homes›Virginia›Norfolk›23518›7125 Grayfalcon Dr

This home is located at 7125 Grayfalcon Dr in Norfolk, VA and zip code 23518 in the Waters Edge neighborhood. This 2,800 square foot home was built in 1987. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $675,000.

Between September 2024 and October 2024, Norfolk, VA real estate market has seen increase in the number of listings by 12.9%. In October 2024, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $324,673.

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

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