NOT LISTED FOR SALE

1241 W 37th St Unit Suite 4 Norfolk, VA 23508

Lambert's Point Neighborhood

Estimated Value: $298,000 - $325,312

1 Bed
2 Baths
170 Sq Ft
$1,861/Sq Ft Est. Value

About This Home

ATTENTION: STUDENT BASED HOUSING

4-bedroom, 2-bath home just blocks from ODU.

Located at 1241 W 37th, this renovated rancher, with a California Cool inspired interior, is close to ODU’s campus, training facilities and sporting events. Nearby entertainment venues, restaurants, and shopping are just a short walk, bike, or car ride away.

Off-street parking for 4-cars is also available (no more tickets)!

The 4-bedroom and the 2-bath interior features huge bedrooms and closets, spacious living areas, electric fireplace, large screen TV, stainless steel restaurant-style kitchen and bar, large storage area for bikes, and laundry center with washer and dryer. And located on a private patio, we even included a fire pit to take the chill off the cold months.

For quick research and entertainment, there’s Wi-Fi throughout. And to provide a safe and secure environment, steel entry doors, solid core interiors doors, security system with motion and glass break sensors, interconnected smoke and CO detectors, a RING video doorbell, and dusk-to-dawn LED exterior lighting.

The home’s building systems feature brand new energy star appliances, gas heat, electric water heater, and LED lighting to help keep utility costs low. And so you can enjoy campus life, downtime, and academics, our white-glove property management experience maintains the building systems and landscaping.

ATTENTION: STUDENT BASED HOUSING

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2018
Sold by
Rizzo Jon and Wagnon Michael W
Bought by
Jrmw Llc A Virginia Limited Liability Co
Current Estimated Value
$316,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.22%
Mortgage Type
Non Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2018
Sold by
Greater House Of Faith Apostolic Chuch
Bought by
Rizzo Jon and Wagnon Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.22%
Mortgage Type
Non Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2006
Sold by
Riverview Neighborhood Improvement Llc
Bought by
Harrell Bishop John S and Harrell Judith A

Purchase Details

Closed on
Oct 28, 2005
Sold by
Norfolk United Methodist Church
Bought by
Riverview Neighborhood Improvement Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Jrmw Llc A Virginia Limited Liability Co -- None Available
Rizzo Jon $130,000 Stewart Title & Stlmnts Svcs
Harrell Bishop John S $350,000 --
Riverview Neighborhood Improvement Llc $193,720 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jrmw Llc A Virginia Limited Liability Co $130,000
Closed Rizzo Jon $130,000
Previous Owner Greeter House Of Faith Apostolic Church $435,000
Previous Owner Harrell Bishop Josh S $46,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Off Market $675 -- --
09/19/2024 09/19/24 For Rent $675 -- --

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 $3,613 $293,700 $76,500 $217,200
2023 $3,279 $262,300 $65,000 $197,300
2022 $2,998 $239,800 $54,000 $185,800
2021 $2,740 $219,200 $54,000 $165,200
2020 $2,463 $197,000 $42,500 $154,500
2019 $2,463 $197,000 $42,500 $154,500
2018 $2,315 $185,200 $42,500 $142,700
2017 $2,023 $175,900 $38,500 $137,400
2016 $1,941 $171,600 $37,600 $134,000
2015 $1,973 $171,600 $37,600 $134,000
2014 $1,973 $171,600 $37,600 $134,000
Source: Public Records

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