Seller's Agent in 2025
Rhonda McLemore
CENTURY 21 Nachman Realty
(757) 692-5652
4 in this area
109 Total Sales
1234 E Balview Ave Norfolk, VA 23503
Bay View Neighborhood
--
Bed
--
Bath
2,634
Sq Ft
5,227
Sq Ft Lot
About This Home
As of May 2025Fully rented duplex with strong rental history spanning 16 years. Each unit offers 3 bedrooms and 2.5 baths, providing spacious living for tenants. The property features a fully fenced backyard and sits at the end of a quiet cul-de-sac, just three blocks from the beach. Conveniently located near Naval Bases and a golf course. This turnkey investment comes with reliable tenants already in place—ideal for investors seeking a great investment property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,256
Year Built
- Built in 1989
Lot Details
- Cul-De-Sac
- Privacy Fence
- Wood Fence
- Back Yard Fenced
Home Design
- Duplex
- Side-by-Side
- Brick Exterior Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,634 Sq Ft Home
- Crawl Space
Schools
- Oceanair Elementary School
- Northside Middle School
- Norview High School
Utilities
- Separate Meters
- Separate Water Meter
- Electric Water Heater
Community Details
- Bayview Beach Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2025
Closed on
May 15, 2025
Sold by
Watts Justin and Scerati Robin
Bought by
R & S Homes I Llc
Seller's Agent
Rhonda McLemore
CENTURY 21 Nachman Realty
Buyer's Agent
Antar Wilson
GreenTree Realty Inc
List Price
$421,000
Sold Price
$421,000
Views
163
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,463
Avg. Annual Appreciation
-3.50%
Original Mortgage
$336,800
Outstanding Balance
$335,356
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$77,181
Purchase Details
Closed on
Mar 11, 2008
Sold by
Hawley John
Bought by
Watts Justin and Scerati Robin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 27, 2006
Sold by
Hawley Virginia M and Hawley John
Bought by
Hawley John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
6.17%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $421,000 | Fidelity National Title | |
| Bargain Sale Deed | $305,000 | Breen Title & Settlement Inc | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $336,800 | New Conventional | |
| Previous Owner | $274,500 | Purchase Money Mortgage | |
| Previous Owner | $29,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | $421,000 | 0.0% | $160 / Sq Ft |
| 04/11/2025 04/11/25 | Pending | -- | -- | -- |
| 04/07/2025 04/07/25 | For Sale | $421,000 | -- | $160 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $4,430 | $354,400 | $92,900 | $261,500 |
| 2024 | $4,028 | $327,500 | $84,500 | $243,000 |
| 2023 | $3,864 | $309,100 | $84,500 | $224,600 |
| 2022 | $3,608 | $288,600 | $64,000 | $224,600 |
| 2021 | $3,256 | $260,500 | $61,000 | $199,500 |
| 2020 | $3,121 | $249,700 | $54,000 | $195,700 |
| 2019 | $2,963 | $237,000 | $49,000 | $188,000 |
| 2018 | $2,698 | $215,800 | $49,000 | $166,800 |
| 2017 | $2,358 | $205,000 | $49,000 | $156,000 |
| 2016 | $2,329 | $210,100 | $46,500 | $163,600 |
| 2015 | $2,416 | $210,100 | $46,500 | $163,600 |
| 2014 | $2,416 | $210,100 | $46,500 | $163,600 |
Source: Public Records
Agents Affiliated with this Home
-
Rhonda McLemore
-
Antar Wilson
Buyer's Agent in 2025
Antar Wilson
GreenTree Realty Inc
(757) 642-3422
4 in this area
52 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10577275
APN: 16080010
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