5 months on rocket

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

$255,000

Home List Price

$3,028*

Closing Credit

3 Bedrooms
2 Full Baths
1,400 SqFt
$182/SqFt
Condo

Location

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7501 River Rd Unit 5G, Newport News$255,000

Buyer Closing Credits

$3,028*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Gar, 1 Space, Assigned/Reserved, Covered
Year Built1987
HeatingElectric, Forced Air
CoolingCentral Air
BasementYes
WaterfrontRiver
MLS #10541700
StatusActive

About 7501 River Rd Unit 5G

Spectacular stunning sunset & moon views from this corner end unit overlooking the James River & Leeward Marina!! New 200 amp main electrical panel installed July 2024! Primary bathroom is updated w/ ceramic tile step-in shower & seat! Covered parking garage has a locked storage closet w/ power & located in front of reserved parking space. Many amenities include a pool, sauna, tennis courts, exercise rooms w/ equipment, conference/meeting room. 24 hour manned in-person security. All gated community! Condo fee includes: cable, TV, trash disposal, sewer, water & common area maintenance. Waterfront balconies off living room & primary bedroom! All appliances convey in "as-is" condition.

Property Details

Property Features

Property Information:

  • Architectural Style: High-Rise
  • Year Built: 1987
  • Stories: 1
  • Living Area: 1,400 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, /Dryer Connection, Electric Range, Refrigerator, Washer Connection
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic
  • Interior: Dual Entry Bath (Br & Br), Dual Entry Bath (Br & Hall)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: River

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $255,000
  • Price Per SqFt: $182/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 5G vs Newport News

162 DAYS ON ROCKET

+128 Days

$255,000

-$57K Less

$182/SqFt

-$4 Less

KEY TAKEAWAY

This property is $57K less than the Median Sold Price and $4/SqFt less than other homes in Newport News, VA.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10541700

Listing Office:

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

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Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-3879
2
/10

  • Carver Elementary School

  • 6160 Jefferson Ave

  • 1.27 miles

  • Public District Grades KG-5

school-card-donut-3880
6
/10

  • Hilton Elementary School

  • 225 River Rd

  • 1.29 miles

  • Public Magnet Grades KG-5

school-card-donut-3881
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 most common annual income of people living in Newport News, VA is between $35k-100k. Most families are 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 5G

What is the listing price of this property?

The listing price of 7501 River Rd Unit 5G property is $255,000.

What type of property is this?

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

Is this property for sale now?

Active Listing: 7501 River Rd Unit 5G 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 5G has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7501 River Rd Unit 5G is 1,400 SqFt (source: MLS/tax record).

Which year was this property built?

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

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

This home is located at 7501 River Rd Unit 5G in Newport News, VA and zip code 23607. This 1,400 square foot home was built in 1987. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $255,000.

Newport News, VA housing market in November 2024 saw over 4 listings sold above listed price, more than 3 sold at listed price and over 3 sold below. The number of homes for sale in Newport News, VA increased by 3.6% between October 2024 and November 2024. In November 2024 median list price was $312,000 and the average listing age was 34 days.

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

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