RENTED APR 22, 2025

1506 Colonial Ave Unit 2 Norfolk, VA 23517

Ghent Square Neighborhood

Estimated Value: $217,000 - $228,000

2 Beds
1 Bath
850 Sq Ft
653 Sq Ft Lot

Highlights

  • City Lights View
  • Entrance Foyer
  • Garden Home
  • Wood Flooring
  • Central Air
  • 4-minute walk to Ghent Dog Park

About This Home

As of April 2025

Ghent: Beautifully restored condo. Gorgeous hardwood floors and newer kitchen. Tall ceilings, light and bright, exposed brick wall. Unit has a washer and dryer. Longer lease available.

Last Agent to Rent the Property

Melissa Johnson

BHHS RW Towne Property Mgmt Listed on: 04/01/2025

BHHS RW Towne Property Mgmt

Last Renter's Agent

Lakala Abrams

KW Allegiance

KW Allegiance

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1912

Lot Details

  • 653

Parking

  • On-Street Parking

Home Design

  • Garden Home

Interior Spaces

  • 850 Sq Ft Home
  • Property has 1 Level
  • Blinds
  • Entrance Foyer
  • City Lights Views
  • Basement

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maint
  • 12 Month Lease Term

Community Details

Overview

  • Ghent Subdivision

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1912

Lot Details

653 Sq Ft Lot

Rental Info

  • Rental Type: Condominium/Co-op
  • Lease Type: Yearly
  • Lease Conditions: Lease, Security Deposit
  • Rent Includes: Ground Maint

Listing Details

  • Property Type: Rental
  • Property Type - Cross Property: Rental
  • Style: Garden
  • GarageYN: No
  • LP/ Sq Ft: 1.74
  • Estimated Year Built: 1912
  • Address Street Name Website: Colonial
  • Address Website: 1506 Colonial AVE
  • Fence: No
  • Insurance Required Y N: Yes
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1912

Interior Features

  • Flooring Type: Ceramic, Wood
  • Windows Treatments: Blinds
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: Foyer
  • Appliances: Disposal, Dryer, Microwave, Elec Range, Washer
  • Floor Level: 1
  • Stories Number: 1.0000
  • Estimated Sq Ft: 850

Exterior Features

  • Foundation Type: Basement
  • Pool: No Pool
  • Roof: Other
  • View: City
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Street

Utilities

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

Condo/Co-op/Association

  • Pets: No Pets

Lot Info

  • Waterfront YN: No

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

Closed on
Feb 21, 2008
Sold by
Colonial Associates Inc
Bought by
James Bryan
Current Estimated Value
$237,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,905
Outstanding Balance
$138,487
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$84,839
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
James Bryan $239,900 Greater Norfolk Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Bryan $227,905
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2025 04/22/25 Rented $1,475 0.0% --
04/01/2025 04/01/25 For Rent $1,475 -- --
Source: Real Estate Information Network (REIN)

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 $2,960 $236,800 $27,000 $209,800
2024 $2,814 $228,800 $27,000 $201,800
2023 $2,724 $217,900 $27,000 $190,900
2022 $2,683 $214,600 $23,700 $190,900
2021 $2,538 $203,000 $23,700 $179,300
2020 $2,538 $203,000 $23,700 $179,300
2019 $2,474 $197,900 $23,700 $174,200
2018 $2,316 $185,300 $23,700 $161,600
2017 $2,114 $183,800 $23,700 $160,100
2016 $2,114 $180,800 $23,300 $157,500
2015 $2,129 $180,800 $23,300 $157,500
2014 $2,129 $180,800 $23,300 $157,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10576521

Real Estate Information Network (REIN)

APN: 20559202

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