Seller's Agent in 2025
Kyle Florio
Own Real Estate LLC
(757) 323-5791
7 in this area
174 Total Sales
361 Cherry St Norfolk, VA 23503
West Ocean View Neighborhood
--
Bed
--
Bath
1,500
Sq Ft
5,097
Sq Ft Lot
About This Home
As of August 2025This income-producing duplex features separate water and electric meters, individual A/C units, and washer and dryer hookups for each unit. Tenants pay their own utilities, keeping expenses low for the owner. Unit A currently rents for $1,250 per month with room to grow, and the lease is month to month. Unit B rents for $1,425 per month with a lease in place through 3/31/2026. Recent renovations include updated kitchen cabinets, countertops, appliances, and a fully remodeled bathroom with a tile backsplash. This is a solid turnkey property offering strong cash flow and excellent long-term potential
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,450
Year Built
- Built in 1964
Home Design
- 1,500 Sq Ft Home
- Duplex
- Side-by-Side
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Schools
- Ocean View Elementary School
- Northside Middle School
- Granby High School
Utilities
- Separate Meters
- Separate Water Meter
- Electric Water Heater
Community Details
- Willoughby Park Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2025
Closed on
Aug 1, 2025
Sold by
518 Real Estate Llc
Bought by
Moore Keyonna and Moore Jason
Seller's Agent
Kyle Florio
Own Real Estate LLC
Buyer's Agent
Geoffrey Whiteside
Keller Williams Town Center
List Price
$350,000
Sold Price
$362,500
Premium/Discount to List
$12,500
3.57%
Views
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,377
Avg. Annual Appreciation
-3.43%
Original Mortgage
$370,293
Outstanding Balance
$368,700
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
-$14,329
Purchase Details
Closed on
Mar 22, 2024
Sold by
Dalton Michael T and Parker Deborah A
Bought by
518 Real Estate Llc
Purchase Details
Closed on
Feb 16, 2023
Sold by
A & B Tidewater Properties Llc
Bought by
Parker Deborah A and Parker James K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2022
Sold by
Musser Allen G
Bought by
A & B Tidewater Properties Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $362,500 | Universal Title | |
| Gift Deed | -- | None Listed On Document | |
| Bargain Sale Deed | $285,000 | Old Republic National Title | |
| Gift Deed | -- | Mccormick Law Pc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $370,293 | VA | |
| Previous Owner | $213,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Sold | $362,500 | +3.6% | $242 / Sq Ft |
| 07/30/2025 07/30/25 | Pending | -- | -- | -- |
| 06/06/2025 06/06/25 | For Sale | $350,000 | -- | $233 / Sq Ft |
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 | $3,519 | $281,500 | $85,500 | $196,000 |
| 2024 | $3,450 | $280,500 | $85,500 | $195,000 |
| 2023 | $3,178 | $254,200 | $80,000 | $174,200 |
| 2022 | $2,576 | $206,100 | $76,700 | $129,400 |
| 2021 | $2,256 | $180,500 | $72,400 | $108,100 |
| 2020 | $2,015 | $161,200 | $63,000 | $98,200 |
| 2019 | $1,938 | $155,000 | $63,000 | $92,000 |
| 2018 | $1,928 | $154,200 | $63,000 | $91,200 |
| 2017 | $1,725 | $150,000 | $63,000 | $87,000 |
| 2016 | $1,689 | $166,800 | $70,000 | $96,800 |
| 2015 | $1,918 | $166,800 | $70,000 | $96,800 |
| 2014 | $1,918 | $166,800 | $70,000 | $96,800 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Florio
-
Geoffrey Whiteside
Buyer's Agent in 2025
Geoffrey Whiteside
Keller Williams Town Center
(757) 831-0532
5 in this area
260 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10587188
APN: 10271000
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