$370,000
SOLD APR 17, 2025
-- Bed
-- Bath
2,300 Sq Ft
2,526 Sq Ft Lot

Recently Sold

$161 Per Sq Ft

1% Above List Price

55 Days on Market

About This Home

As of April 2025

Beautifully updated over/under duplex near downtown Norfolk, the zoo, military bases, and dining, with easy interstate access. The bottom unit features 2 bedrooms, 1 bath, a brand-new kitchen, new vinyl floors, a new water heater, and a new window that brightens the space. The top unit offers 3 bedrooms, 1 bath, spread over two floors, with two large bedrooms on the third floor for added privacy. Both units are vacant and include central air conditioning for year-round comfort. This property may be great for owner-occupants or investors looking to set their own rental rates in a highly desirable area. Don’t miss this excellent investment or living opportunity in a prime Norfolk location!

Last Agent to Sell the Property

Andy Zheng

Swell Realty Co Listed on: 01/21/2025

Swell Realty Co

Last Buyer's Agent

Kara Barbero

1st Class Real Estate Flagship

1st Class Real Estate Flagship

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 1911

Lot Details

  • Partially Fenced Property

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • Crawl Space

Schools

  • Granby Elementary School
  • Blair Middle School
  • Maury High School

Utilities

  • Separate Meters
  • Electric Water Heater

Community Details

  • Virginia Place 232 Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,970

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Multi Family Residential
  • Property Sub Type: Duplex
  • Property Type - Cross Property: Multi Family Residential
  • Style: Over/Under
  • AICUZ - Crash: APZ1
  • AICUZ - Noise: -65
  • LP/ Sq Ft: 158.70
  • Neighborhood Name: COLONIAL PLACE
  • Estimated Year Built: 1911
  • Address Street Name Website: 38th
  • Address Street Num Website: 112
  • Address Website: 112 W 38th ST
  • Market Time: 40
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Year Built: 1911

Interior Features

  • Estimated Sq Ft: 2300

Exterior Features

  • Exterior Siding: Vinyl
  • Fence Description: Partial
  • Foundation Type: Crawl
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County

Schools

  • Elementary School: Granby Elementary
  • Middle School: Blair Middle
  • High School: Maury

Lot Info

  • Waterfront YN: No

Building Info

  • New Construction YN: No

Multi Family

  • Meters Separate: Electric

Tax Info

  • Tax Amount Approx: 2970

MLS Schools

  • Elementary School: Granby Elementary
  • School High School: Maury
  • Middle School: Blair Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2025
Closed on
Apr 9, 2025
Sold by
Zheng Andy
Bought by
Cunningham Ferria D
Seller's Agent
Andy Zheng
Swell Realty Co
Buyer's Agent
Kara Barbero
1st Class Real Estate Flagship
List Price
$365,000
Sold Price
$370,000
Premium/Discount to List
$5,000
1.37%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.40%
Original Mortgage
$382,210
Outstanding Balance
$381,194
Interest Rate
6.63%
Mortgage Type
VA
Estimated Equity
-$10,615

Purchase Details

Closed on
Sep 13, 2022
Sold by
Nock Theresa L
Bought by
Zheng Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 $370,000 Fortis Title
Bargain Sale Deed $210,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $382,210 VA
Previous Owner $157,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 For Rent $1,850 0.0% --
04/17/2025 04/17/25 Sold $370,000 +1.4% $161 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
02/23/2025 02/23/25 For Sale $365,000 -1.4% $159 / Sq Ft
02/22/2025 02/22/25 Off Market $370,000 -- --
02/17/2025 02/17/25 Pending -- -- --
01/21/2025 01/21/25 Price Changed $365,000 -2.7% $159 / Sq Ft
01/21/2025 01/21/25 For Sale $375,000 -- $163 / 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 $2,970 $241,500 $41,000 $200,500
2023 $2,561 $204,900 $41,000 $163,900
2022 $2,463 $197,000 $35,500 $161,500
2021 $2,243 $179,400 $30,900 $148,500
2020 $2,231 $178,500 $30,000 $148,500
2019 $2,151 $172,100 $30,000 $142,100
2018 $2,198 $175,800 $30,000 $145,800
2017 $2,044 $177,700 $30,000 $147,700
2016 $2,044 $187,200 $30,000 $157,200
2015 $2,131 $187,200 $30,000 $157,200
2014 $2,131 $187,200 $30,000 $157,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10566714

Real Estate Information Network (REIN)

APN: 70113198