$325,000
SOLD FEB 6, 2025
2 Beds
2 Baths
1,117 Sq Ft
309 Sq Ft Lot

Recently Sold

$291 Per Sq Ft

7% Below List Price

84 Days on Market

Highlights

  • City Lights View
  • 3-minute walk to Monticello
  • Utility Closet
  • Transitional Architecture
  • Wood Flooring
  • Bar

About This Home

As of February 2025

Welcome to this exceptional 4th-floor condo, where modern luxury meets classic charm in the heart of downtown Norfolk. Step into a meticulously maintained unit featuring custom wainscoting throughout the foyer, kitchen, and family room, complemented by gleaming hardwood floors. The kitchen, with its granite countertops, opens to the family room, perfect for entertaining. Having not been used full time, this condo remains in pristine condition. Tucked away from the hustle of Boush Street, you'll enjoy a serene living environment, while still being within walking distance to the vibrant Freemason District, Waterside, and Chrysler Hall. Enjoy the convenience of nearby light rail, restaurants, and entertainment options, offering the best of Norfolk just steps from your front door. With street-level entry or secure building access, parking is made simple with direct connection to the Freemason Parking Garage, featuring reserved spots.

Last Agent to Sell the Property

Chris Faircloth

Swell Realty Co Listed on: 11/01/2024

Swell Realty Co

Last Buyer's Agent

Rory Compton

EXP Realty LLC

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,641

Year Built

  • Built in 2006

HOA Fees

  • $356 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Property Attached
  • Brick Exterior Construction
  • Pile Dwellings

Interior Spaces

  • 1,117 Sq Ft Home
  • 1-Story Property
  • Bar
  • Window Treatments
  • Entrance Foyer
  • Utility Closet
  • Storage Room
  • City Lights Views
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • 2 Car Parking Spaces
  • Parking Garage Space

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • 309 Sq Ft Lot

Community Details

  • Cavalier Land Inc 757 625 3502 Association
  • Mid-Rise Condominium
  • Downtown Area Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,641

Year Built

Built in 2006

Lot Details

0

HOA Fees

$356 per month

Listing Details

  • HOA YN: Yes
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Mid Rise, Transitional
  • GarageYN: Yes
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 290.96
  • Neighborhood Name: 388 BOUSH ST
  • Estimated Year Built: 2006
  • Association Legal Name: Condominiums at 388 Boush
  • Management Company: Cavalier Land Inc 757-625-3502
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Boush
  • Address Street Num Website: 388
  • Address Website: 388 Boush ST
  • Fees Condo Monthly: 356
  • Fence: No
  • Market Time: 85
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Interior Amenities: Bar, Walk-In Closet, Window Treatments
  • Accessibility: Elevator
  • Equipment: Cable Hookup, Security Sys
  • Flooring Type: Carpet, Ceramic, Wood
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, 1st Floor Primary BR, Assigned Storage, Foyer, PBR with Bath, Utility Closet
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1117

Exterior Features

  • Exterior Siding: Brick
  • Fence Description: None
  • Foundation Type: Pile
  • Pool: No Pool
  • Roof: Other
  • View: City
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Parking Gar, 2 Space

Utilities

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

Condo/Co-op/Association

  • Condo Level: 4
  • Amenities COA/POA: Sewer, Water
  • Association #2 Fee Frequency: Monthly

Schools

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

Lot Info

  • Waterfront YN: No
  • Zoning: D-3
  • Estimated Acres: 0.0071

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 3641

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

Listed on
Nov 1, 2024
Closed on
Feb 3, 2025
Sold by
Collins Arthur and Collins Donna
Bought by
Kress Robert
Seller's Agent
Chris Faircloth
Swell Realty Co
Buyer's Agent
Rory Compton
EXP Realty LLC
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Views
80
Current Estimated Value
$316,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,921
Avg. Annual Appreciation
-4.01%
Original Mortgage
$260,000
Outstanding Balance
$258,437
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$57,642

Purchase Details

Closed on
Jan 8, 2008
Sold by
Collins Recap Iv Llc
Bought by
Collins Arthur and Collins Donna
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 Fortis Title
Bargain Sale Deed $319,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2025 02/06/25 Sold $325,000 0.0% $291 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
01/17/2025 01/17/25 Price Changed $325,000 -7.1% $291 / Sq Ft
11/01/2024 11/01/24 For Sale $350,000 -- $313 / Sq Ft
Source: Real Estate Information Network (REIN)

Tax History Compared to Growth

Source: Public Records

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 $4,103 $291,000 $12,600 $278,400
2024 $3,832 $272,800 $12,600 $260,200
2023 $3,641 $258,200 $12,600 $245,600
2022 $3,440 $244,000 $10,500 $233,500
2021 $3,256 $230,900 $9,500 $221,400
2020 $3,256 $230,900 $9,500 $221,400
2019 $3,256 $230,900 $9,500 $221,400
2018 $3,246 $230,200 $9,000 $221,200
2017 $3,016 $230,200 $9,000 $221,200
2016 $3,016 $250,500 $9,000 $241,500
2015 $3,282 $250,500 $9,000 $241,500
2014 $3,282 $250,500 $9,000 $241,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Information Network (REIN)

MLS Number: 10557550

Real Estate Information Network (REIN)

APN: 27396982