NOT LISTED FOR SALE

307 Norfolk Ave Virginia Beach, VA 23451

Oceanfront Neighborhood

Estimated Value: $345,297 - $373,000

2 Beds
2 Baths
1,047 Sq Ft
$345/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $290,000 $277 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,121/month

4 Days on Market

Highlights

  • Lake On Lot
  • Waterfront
  • Recessed Lighting
  • W.T. Cooke Elementary School Rated A-
  • Deck
  • Central Air

About This Home

As of October 2021

Come and enjoy the remaining summer months in this immaculate beach condo. Two blocks from the beach with views of Lake Holly, you couldn't ask for more! But this home DOES come with more and is filled to the brim with updates! New deck, 3 new sliding doors, new windows, new hardware and trim on doors throughout the home, new baseboards and floors, recessed lighting in the living room, updated bathrooms and kitchen. HVAC and water heater were installed in 2019 and still have 8 years left on the warranty. Whole home warranty through Nov 2023 that is transferable to the new owner

Last Agent to Sell the Property

April Miller

Long & Foster Real Estate, Inc. License #0225249168 Listed on: 08/08/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Non-Member Non-Member

Williamsburg MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,033

Year Built

  • Built in 1984

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Property Attached
  • Entry on the 2nd floor
  • Fire Rated Drywall
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,047 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Dining Area
  • Laminate Flooring
  • No Attic

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Lake On Lot
  • Deck

Schools

  • W T Cooke Elementary School
  • Vb Middle School
  • First Colonial High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Waterfront
  • Interior Unit

Listing and Financial Details

  • Assessor Parcel Number 24271464730016

Community Details

Overview

  • Association fees include comm area maintenance, common area, exterior maintenance, landscaping, management fees, sewer, trash removal, water, yard maintenance
  • Property managed by VSA Association

Amenities

  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,033

Year Built

Built in 1984

Lot Details

0 Sq Ft Lot

HOA Fees

$22 per month

Listing Details

  • Zoning: A18
  • Property Type: Residential
  • Property Sub Type: Attached
  • Structure: Frame
  • Price Per Finished Sq Ft: 276.98
  • Appliances Equipment: Dishwasher, Disposal, Dryer, Electric Cooking, Microwave, Range, Refrigerator, Stove, Washer
  • Total Bathrooms: 2.00
  • Body Of Water: Lake Holly
  • County Or City: Virginia Beach
  • Home Warranty: Yes
  • Neighborhood Name: Shadowlawn
  • Parcel Number: 24271464730016
  • Siding: Vinyl
  • SP/ Sq Ft: 276.98
  • Unit Placement: Interior Unit
  • Wall Type: Drywall
  • Water Type: Lake, Walk To Water
  • Year Built Description: Actual
  • Total Sq Ft: 1047
  • Unit Level: 2
  • Street View Param: 1$36.837787$-75.974956$55.71$13.33$1.00$VvLxXgFpGXo7eDCMOpdTaw
  • Year Built: 1984
  • Special Features: None
  • Stories: 1
  • Year Built: 1984

Interior Features

  • Number of Rooms: 6
  • Fireplace: Wood Burning
  • Total Fireplaces: 1
  • Flooring: Laminate
  • Attic: No Attic
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Level 1 Full Bathrooms: 2
  • Interior: Ceiling Fan, Countertops - Laminate, Dining Area, Dryer Hookup, Pantry, Recessed Lighting, Washer Hookup
  • Number Of Levels: 1.00
  • Post Office: Virginia Beach

Exterior Features

  • Exterior: Deck
  • Roof: Asphalt Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking: Assigned

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Common Area
  • Fee: 267.00
  • Fee Description: Condo Association
  • Fee Includes: Comm Area Maintenance, Common Area, Exterior Maintenance, Landscaping, Management Fees, Sewer, Trash Removal, Water, Yard Maintenance
  • Fee Period: Yearly

Schools

  • Elementary School: W T Cooke
  • High School: First Colonial High
  • Middle School: VB Middle

Rental Info

  • Minimum Deposit: 1000

Multi Family

  • Management Firm: VSA Association

Tax Info

  • Annual Taxes: 2033.00
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2021
Closed on
Oct 4, 2021
Sold by
Portalatin Virginia
Bought by
Sherrange John and Sherrange Deborah
Seller's Agent
April Miller
Long & Foster Real Estate, Inc.
Buyer's Agent
Non-Member Non-Member
Williamsburg MLS
List Price
$285,500
Sold Price
$290,000
Premium/Discount to List
$4,500
1.58%
Current Estimated Value
$361,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,074
Avg. Annual Appreciation
5.12%
Original Mortgage
$225,000
Outstanding Balance
$205,179
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$155,895

Purchase Details

Closed on
Apr 17, 2019
Sold by
Fenimore Lawrence and Fenimore Millie Ann
Bought by
Portalatin Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2005
Sold by
Kim Sae Chin
Bought by
Fenimore Lawrence

Purchase Details

Closed on
Nov 26, 2002
Sold by
Wright James R
Bought by
Kim Sae Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,100
Interest Rate
6.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sherrange John $290,000 Priority Title & Escrow Llc
Portalatin Virginia $209,000 Attorney
Fenimore Lawrence $207,900 --
Kim Sae Chin $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherrange John $225,000
Previous Owner Portalatin Virginia $167,200
Previous Owner Kim Sae Chin $94,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $290,000 +1.6% $277 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/08/2021 08/08/21 For Sale $285,500 -- $273 / Sq Ft
Source: Williamsburg Multiple Listing Service

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 $2,935 $331,400 $155,900 $175,500
2024 $2,935 $302,600 $139,200 $163,400
Source: Public Records

Agents Affiliated with this Home

  • April Miller

    Seller's Agent in 2021

    April Miller

    Long & Foster

    (607) 351-0326

    1 in this area

    41 Total Sales

    April Miller
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member

    VA_WMLS

See All Agents

Map

Source: Williamsburg Multiple Listing Service

MLS Number: 2103220

Williamsburg Multiple Listing Service

APN: 2427-14-6473-0016

Virginia Virginia Beach County Virginia Beach 23451 Oceanfront

307 Norfolk Ave, Virginia Beach, VA

Not Listed for Sale

MultiFamily

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