1518 Melrose Pkwy Norfolk, VA 23508
Larchmont/Edgewater NeighborhoodEstimated payment $2,823/month
Highlights
- Deck
- Wood Flooring
- Screened Porch
- Traditional Architecture
- No HOA
- Breakfast Area or Nook
About This Home
Looking for an incredible investment property? Look no more! Fantastic layout with eat-in-kitchen, formal living and formal dining room. Generous sized bedrooms. Primary offers separate living space and spacious walk-in-closet. Home professionally cleaned, painted and pressure washed. New Carpet. Lovely hardwood floors. One HVAC 1 year old, other 3 years old. Private fenced in yard with nice sized deck. Convenient location to ODC, Downtown Norfolk, Waterside, Scope, Hospitals, Restaurants, Shops, Bases, Shipyard and so much more!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,095
Year Built
- Built in 1920
Lot Details
- Privacy Fence
- Back Yard Fenced
Home Design
- Traditional Architecture
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 3,000 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Entrance Foyer
- Screened Porch
- Utility Room
- Washer and Dryer Hookup
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Electric Range
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Parking
- 2 Car Attached Garage
- Driveway
- On-Street Parking
Outdoor Features
- Deck
Schools
- Larchmont Elementary School
- Blair Middle School
- Maury High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Larchmont Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,091 | $413,900 | $141,000 | $272,900 |
| 2023 | $4,886 | $390,900 | $141,000 | $249,900 |
| 2022 | $4,596 | $367,700 | $122,800 | $244,900 |
| 2021 | $4,300 | $344,000 | $122,800 | $221,200 |
| 2020 | $4,228 | $338,200 | $117,000 | $221,200 |
| 2019 | $4,078 | $326,200 | $117,000 | $209,200 |
| 2018 | $3,961 | $316,900 | $117,000 | $199,900 |
| 2017 | $3,577 | $311,000 | $117,000 | $194,000 |
| 2016 | $3,602 | $296,800 | $109,000 | $187,800 |
| 2015 | $3,280 | $296,800 | $109,000 | $187,800 |
| 2014 | $3,280 | $296,800 | $109,000 | $187,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | Price Changed | $450,000 | -3.2% | $150 / Sq Ft |
| 07/31/2025 07/31/25 | For Sale | $465,000 | -- | $155 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | Attorney | |
| Deed | $299,000 | Chicago Title Insurance Co | |
| Bargain Sale Deed | $411,000 | Multiple | |
| Bargain Sale Deed | $200,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $260,000 | New Conventional | |
| Previous Owner | $269,100 | New Conventional | |
| Previous Owner | $369,900 | Purchase Money Mortgage | |
| Previous Owner | $299,742 | Credit Line Revolving |
Source: Real Estate Information Network (REIN)
MLS Number: 10595311
APN: 25117500
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