4 months on rocket

7501 River Rd Unit 5F, Newport News, VA, 23607

$177,000

Home List Price

$2,102*

Closing Credit

1 Bedroom
1 Full Bath
800 SqFt
$221/SqFt
Condo

Location

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7501 River Rd Unit 5F, Newport News$177,000

Buyer Closing Credits

$2,102*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Gar, 1 Space, Assigned/Reserved
Year Built1987
HeatingElectric, Heat Pump
CoolingCentral Air
BasementYes
WaterfrontRiver
MLS #10544747
StatusActive

About 7501 River Rd Unit 5F

Enjoy maintenance free and luxury living with the most gorgeous sunset water views of the James River and Leeward Marina! Many amenities include a pool with lifeguard, sauna, tennis courts, exercise rooms with equipment, conference/meeting room, 24 hour manned security onsite. ***All gated-community. Condo fee includes: cable, TV, trash disposal, sewer, water, grounds & common area maintenance. Waterfront balcony off great room and bedroom. Under cabinet lighting in the kitchen. Beautiful laminate flooring. Locked storage closet has power and located in front of your reserved parking space #67 in the covered garage. Furniture does convey. No short term rentals allowed.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemp, High-Rise
  • Year Built: 1987
  • Stories: 1
  • Living Area: 800 SqFt

Listing Office:

  • Office Name: Abbitt Realty Company LLC
  • Listing Agent: Rae Shemer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, /Dryer Connection, Electric Range, Refrigerator, Washer, Washer Connection
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic, Laminate/LVP, Vinyl
  • Interior: Walk-In Closet, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: River

Parking Information:

  • Parking: Parking Gar, 1 Space, Assigned/Reserved

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $177,000
  • Price Per SqFt: $221/SqFt
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Housing Market Comparison

See how this home compares to others in Newport News, VA.

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Newport News, VA

City

Med. Sold Price

$312K

Med. Price/SqFt

$185

Avg. Days On Market

34

# of Sold Homes

139

7501 River Rd Unit 5F vs Newport News

142 DAYS ON ROCKET

+108 Days

$177,000

-$135K Less

$221/SqFt

+$35 More

KEY TAKEAWAY

This property is $135K less than the Median Sold Price and $35/SqFt more than other homes in Newport News, VA.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10544747

Listing Office:

  • Office Name: Abbitt Realty Company LLC
  • Listing Agent: Rae Shemer

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Property Sales & Tax

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Payment Calculator

$951

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$597

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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-4530192
2
/10

  • Carver Elementary School

  • 6160 Jefferson Ave

  • 1.27 miles

  • Public District Grades KG-5

school-card-donut-4530193
6
/10

  • Hilton Elementary School

  • 225 River Rd

  • 1.29 miles

  • Public Magnet Grades KG-5

school-card-donut-4530194
5
/10

  • Tucker-Capps Elementary School

  • 113 Wellington Dr

  • 1.93 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 $41,203. The majority of Newport News, VA residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Newport News, VA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Newport News, VA?

The housing landscape in Newport News, Virginia, is characterized by a mix of single-family homes, apartments, and townhouses, with single-family homes being a significant portion of the market. Architectural styles vary, with a prevalence of traditional and colonial designs, reflecting the area's rich history. The housing market also includes modern constructions, offering options for various preferences and needs. The homeownership rate in Newport News is substantial, with a significant portion of residents owning their homes, while the rest are engaged in the rental market.

What are the advantages of living in Newport News, VA?

Newport News is celebrated for its rich maritime heritage and strong military presence, given its proximity to several military installations. The community prides itself on a family-friendly atmosphere, with numerous parks and outdoor activities that cater to a variety of interests. Annual events and festivals, such as the Newport News Fall Festival of Folklife, showcase the city's cultural diversity and community spirit.

Are essential services in Newport News, VA convenient?

Residents of Newport News benefit from a robust educational system, including a number of public and private schools that cater to various educational needs, from elementary to high school levels. The city is home to several healthcare facilities, offering a range of services from primary care to specialized treatments. The public library system is well-established, providing educational and cultural resources to the community. Retail and dining options are plentiful, with venues ranging from local boutiques to international cuisine, reflecting the diverse culture of the city.

How do Newport News, VA residents get around?

Transportation in Newport News is facilitated by a network of roads and highways, including major thoroughfares that connect residents to neighboring cities and attractions. Public transit options are available, with bus services operating on a set schedule, providing connectivity across different parts of the city. The area's walkability varies, with certain neighborhoods being more pedestrian-friendly than others. Bike paths and lanes are also present, promoting cycling as an alternative mode of transportation. Ride-sharing services are available, complementing the existing transportation infrastructure.

Frequently Asked Questions About 7501 River Rd Unit 5F

What is the listing price of this property?

The listing price of 7501 River Rd Unit 5F property is $177,000.

What type of property is this?

The property 7501 River Rd Unit 5F is a condo located in Newport News, Virginia, 23607.

Is this property for sale now?

Active Listing: 7501 River Rd Unit 5F is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 7501 River Rd Unit 5F has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 7501 River Rd Unit 5F is 800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7501 River Rd Unit 5F is 1987.

Rocket Homes›Virginia›Newport News›23607›7501 River Rd Unit 5F

This home is located at 7501 River Rd Unit 5F in Newport News, VA and zip code 23607. This 800 square foot home was built in 1987. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $177,000.

In November 2024 more than 4 listings in Newport News, VA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 3 were sold below. In November 2024 in Newport News, VA there were 3.6% more homes for sale than in October 2024. Listings spent 34 days on the market in November 2024, and had a median list price of $312,000 during the same period.

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

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