4815 Colonial Ave Norfolk, VA 23508
Colonial Place NeighborhoodEstimated payment $3,937/month
Total Views
5,980
--
Bed
--
Bath
3,268
Sq Ft
$189
Price per Sq Ft
About This Home
What an opportunity and no flood insurance required! Tastefully restored duplex sitting high in the back of Historic Colonial Place. High ceilings, large room size, renovated kitchens, hardwood floors, sunrooms, mid-century windows that flood it with natural light while showcasing the craftsmanship of the era, show this today! Completely renovated: kitchens, unit 2 bathrm, unit 1 1/2 bathrm; plus restored hardwood floors; complete electrical rewire w upgraded service; newer hvac w 2013 ducting; gutters 2024; 40 yr roof 2013 and blown-in insulation. French drain & sump in basement, 1/4 bath. Large attic, huge basement, detached garage. Both units have separate laundry. All utilities split. Rent for unit 1 potential $2,100+, rent for unit 2 potential $2,000+ . An opportunity like this is rare! Tenant plans to vacate by 5/1/25 so new owner can occupy or rent both! Minutes to parks, playgrounds, shopping and dining of N Colley, Ghent and the Railyard District!
Open House Schedule
-
Saturday, April 26, 202511:00 am to 1:00 pm4/26/2025 11:00:00 AM +00:004/26/2025 1:00:00 PM +00:00Daniel De Castillo Rhode Island side 1st floorAdd to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,852
Year Built
- Built in 1918
Lot Details
- Back Yard Fenced
- Corner Lot
Home Design
- Duplex
- Substantially Remodeled
- Brick Exterior Construction
- Asphalt Shingled Roof
- Urethane Roof
- Vinyl Siding
Interior Spaces
- 3,268 Sq Ft Home
- Basement
- Crawl Space
Schools
- Granby Elementary School
- Blair Middle School
- Maury High School
Utilities
- Separate Meters
- Separate Water Meter
- Electric Water Heater
Community Details
- Colonial Place Subdivision
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,948 | $475,800 | $113,300 | $362,500 |
| 2023 | $5,626 | $450,100 | $113,300 | $336,800 |
| 2022 | $5,300 | $424,000 | $87,200 | $336,800 |
| 2021 | $4,946 | $395,700 | $87,200 | $308,500 |
| 2020 | $4,848 | $387,800 | $79,300 | $308,500 |
| 2019 | $4,775 | $382,000 | $79,300 | $302,700 |
| 2018 | $4,593 | $367,400 | $79,300 | $288,100 |
| 2017 | $4,180 | $363,500 | $79,300 | $284,200 |
| 2016 | $4,126 | $352,400 | $72,100 | $280,300 |
| 2015 | $3,529 | $352,400 | $72,100 | $280,300 |
| 2014 | $3,529 | $352,400 | $72,100 | $280,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Price Changed | $619,000 | -2.5% | $189 / Sq Ft |
| 04/07/2025 04/07/25 | For Sale | $635,000 | -- | $194 / Sq Ft |
Source: Real Estate Information Network (REIN)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $190,000 | None Available | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $470,250 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $10,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Norfolk, VA
Source: Real Estate Information Network (REIN)
MLS Number: 10576634
APN: 16087100
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