$240,000
SOLD MAR 5, 2025

1040 Brandon Ave Unit 3 Norfolk, VA 23507

West Ghent Neighborhood
2 Beds
1 Bath
1,512 Sq Ft
915 Sq Ft Lot

Recently Sold

$159 Per Sq Ft

4% Below List Price

71 Days on Market

Highlights

  • City Lights View
  • Balcony
  • Entrance Foyer
  • Wood Flooring
  • Walk-In Closet
  • En-Suite Primary Bedroom

About This Home

As of March 2025

This 2 bedroom 1 bath condo brings the coolness of the Ghent area's architectural culture with modern updates. Including newer HVAC, energy efficient windows, original hardwoods. Updated kitchen features concrete counters, SS appliances, and newer cabinets. The spacious primary bath has a dual sink vanity w/ solid surface counter & retro tile floor, tub/ shower combo w/ custom tile walls. Large walk in closet off primary bath. Each of the front rooms flow together, kitchen, dining and living room w/ outdoor covered area off the living room. Each of the bedrooms are large with lots of natural light. Association covers water, trash. Washer/ Dryer in unit. Condo being sold AS IS. Some photos have been virtually staged for effect.

Last Agent to Sell the Property

Dina Spiva

The Real Estate Group Listed on: 11/26/2024

The Real Estate Group

Last Buyer's Agent

Christina Fleck

World Class Realty

World Class Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 1915

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Entrance Foyer
  • City Lights Views
  • Basement

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Walter Herron Taylor Elementary School
  • Blair Middle School
  • Maury High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Melrose Manor Self Managed Torkilsonondra@Gmail.Com Association
  • Low-Rise Condominium
  • West Ghent Subdivision

Amenities

  • Door to Door Trash Pickup

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,068

Year Built

Built in 1915

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Lo Rise, Other
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 158.73
  • Neighborhood Name: MELROSE MANOR
  • Estimated Year Built: 1915
  • Association Legal Name: Melrose Manor Condo Association
  • Management Company: Melrose Manor self managed - torkilsonondra@gmail.com
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Brandon
  • Address Street Num Website: 1040
  • Address Website: 1040 Brandon AVE
  • Fees Condo Monthly: 350
  • Fence: No
  • Market Time: 48
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1915

Interior Features

  • Interior Amenities: Fireplace Decorative, Primary Sink-Double, Walk-In Closet
  • Equipment: Cable Hookup, Ceiling Fan
  • Flooring Type: Ceramic, Wood
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, 1st Floor Primary BR, Balcony, Foyer, PBR with Bath
  • Appliances: Dishwasher, Dryer, Microwave, Elec Range, Refrigerator, Washer
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1512

Exterior Features

  • Exterior Siding: Brick
  • Fence Description: None
  • Foundation Type: Basement
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • View: City
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Heat Pump

Condo/Co-op/Association

  • Condo Level: 2
  • Amenities COA/POA: Trash Pickup
  • Association #2 Fee Frequency: Monthly

Schools

  • Elementary School: Walter Herron Taylor Elementary
  • Middle School: Blair Middle
  • High School: Maury

Lot Info

  • Waterfront YN: No
  • Zoning: R-8

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 3068

MLS Schools

  • Elementary School: Walter Herron Taylor Elementary
  • School High School: Maury
  • Middle School: Blair Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2024
Closed on
Feb 26, 2025
Sold by
Babb Aaron C
Bought by
Caughell Laurie and Hipps Leslie
Seller's Agent
Dina Spiva
The Real Estate Group
Buyer's Agent
Christina Fleck
World Class Realty
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Views
98
Current Estimated Value
$244,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,321
Avg. Annual Appreciation
5.23%
Original Mortgage
$204,000
Outstanding Balance
$203,831
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$40,490

Purchase Details

Closed on
Apr 22, 2021
Sold by
Short Michael V
Bought by
Babb Aaron C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,350
Interest Rate
2.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2016
Sold by
Larson Brett N
Bought by
Short Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,622
Interest Rate
3.65%
Mortgage Type
VA

Purchase Details

Closed on
Aug 4, 2011
Sold by
Us Bank Na
Bought by
Larson Brett N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,920
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Mcgarvey Albert F
Bought by
Us Bank Na
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $240,000 First American Title Insurance
Warranty Deed $230,000 Attorney
Warranty Deed $215,000 Titlequest
Special Warranty Deed $75,099 None Available
Trustee Deed $206,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,000 New Conventional
Previous Owner $10,350 New Conventional
Previous Owner $10,350 Stand Alone Second
Previous Owner $223,100 New Conventional
Previous Owner $219,622 VA
Previous Owner $97,500 New Conventional
Previous Owner $59,920 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $240,000 0.0% $159 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/06/2025 01/06/25 Price Changed $240,000 -4.0% $159 / Sq Ft
11/26/2024 11/26/24 For Sale $250,000 -- $165 / Sq Ft
Source: Real Estate Information Network (REIN)

Tax History Compared to Growth

Source: Public Records

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 $3,121 $253,700 $30,200 $223,500
2023 $3,016 $241,300 $30,200 $211,100
2022 $2,926 $234,100 $27,200 $206,900
2021 $2,581 $206,500 $27,200 $179,300
2020 $2,581 $206,500 $27,200 $179,300
2019 $2,581 $206,500 $27,200 $179,300
2018 $2,420 $193,600 $27,200 $166,400
2017 $2,248 $195,500 $27,200 $168,300
2016 $1,944 $172,500 $26,500 $146,000
2015 $1,977 $172,500 $26,500 $146,000
2014 $1,977 $172,500 $26,500 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10560464

Real Estate Information Network (REIN)

APN: 21116706