1612 Melrose Pkwy Norfolk, VA 23508
Larchmont/Edgewater Neighborhood
4
Beds
1
Bath
1,254
Sq Ft
5,227
Sq Ft Lot
Highlights
- City Lights View
- Wood Flooring
- No HOA
- Cape Cod Architecture
- Main Floor Bedroom
About This Home
As of February 2025THIS HOME IS BEING SOLD AS IS, BRING YOUR CASH OR REHAB BUYERS. THIS 4 BEDROOMS, 1 BATHROOM CAPE COD WITH A LARGE BACKYARD IS LOCATED A BLOCK IN A HALF FROM ODU ALSO LOCATED NEAR THE NEW RAILROAD DISTRICT AND MILITARY BASES.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,910
Year Built
- Built in 1940
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 50x104x50x104
- Property is zoned R18
Home Design
- Cape Cod Architecture
- Fixer Upper
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- 1,254 Sq Ft Home
- 2-Story Property
- Wood Flooring
- City Lights Views
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 1 Full Bathroom
Parking
- 1 Car Parking Space
- Driveway
- On-Street Parking
Schools
- Larchmont Elementary School
- Blair Middle School
- Maury High School
Utilities
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Larchmont Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 12, 2024
Closed on
Feb 1, 2025
Sold by
Colonial Contractors Llc
Bought by
Trivium Homes Llc
Seller's Agent
Johnny Boone
Judy Boone Realty Inc.
Buyer's Agent
Brian Fockler
COVA Home Realty
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Views
94
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.49%
Original Mortgage
$307,500
Outstanding Balance
$306,985
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving
Estimated Equity
$41,748
Purchase Details
Closed on
Sep 3, 2024
Sold by
Barnett Ray Lee and Barnett Ronnie
Bought by
Colonial Contractors Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,200
Interest Rate
6.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 23, 2015
Sold by
Barnett Robert Roy
Bought by
Barnett Jacqueline K
Similar Homes in Norfolk, VA
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 | $275,000 | Old Republic National Title In | |
| Deed | $175,000 | Fidelity National Title | |
| Deed | $175,000 | Fidelity National Title | |
| Gift Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $307,500 | Credit Line Revolving | |
| Previous Owner | $650,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Price Changed | $359,399 | 0.0% | $287 / Sq Ft |
| 07/11/2025 07/11/25 | Price Changed | $359,499 | -0.1% | $287 / Sq Ft |
| 07/01/2025 07/01/25 | Price Changed | $359,998 | 0.0% | $287 / Sq Ft |
| 06/26/2025 06/26/25 | Price Changed | $359,999 | -2.2% | $287 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $367,999 | -0.5% | $293 / Sq Ft |
| 06/16/2025 06/16/25 | Price Changed | $369,999 | -2.6% | $295 / Sq Ft |
| 06/11/2025 06/11/25 | Price Changed | $379,999 | -1.3% | $303 / Sq Ft |
| 06/09/2025 06/09/25 | For Sale | $384,999 | +40.0% | $307 / Sq Ft |
| 02/13/2025 02/13/25 | Sold | $275,000 | -8.0% | $219 / Sq Ft |
| 01/24/2025 01/24/25 | Pending | -- | -- | -- |
| 01/15/2025 01/15/25 | For Sale | $299,000 | +8.7% | $238 / Sq Ft |
| 01/13/2025 01/13/25 | Off Market | $275,000 | -- | -- |
| 12/03/2024 12/03/24 | Price Changed | $299,000 | +6.8% | $238 / Sq Ft |
| 11/18/2024 11/18/24 | Price Changed | $279,900 | -13.9% | $223 / Sq Ft |
| 11/12/2024 11/12/24 | For Sale | $325,000 | -- | $259 / 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 |
|---|---|---|---|---|
| 2024 | $2,972 | $241,600 | $141,000 | $100,600 |
| 2023 | $2,910 | $232,800 | $141,000 | $91,800 |
| 2022 | $2,643 | $211,400 | $122,800 | $88,600 |
| 2021 | $2,583 | $206,600 | $122,800 | $83,800 |
| 2020 | $2,510 | $200,800 | $117,000 | $83,800 |
| 2019 | $2,449 | $195,900 | $117,000 | $78,900 |
| 2018 | $473 | $189,100 | $117,000 | $72,100 |
| 2017 | $2,149 | $186,900 | $117,000 | $69,900 |
| 2016 | $2,194 | $175,000 | $109,000 | $66,000 |
| 2015 | $2,033 | $175,000 | $109,000 | $66,000 |
| 2014 | $2,033 | $175,000 | $109,000 | $66,000 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Fockler
Seller's Agent in 2025
Brian Fockler
COVA Home Realty
(757) 675-6297
2 in this area
96 Total Sales
-
Johnny Boone
Seller's Agent in 2025
Johnny Boone
Judy Boone Realty Inc.
(757) 328-8376
1 in this area
20 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10558782
APN: 02247200
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