NOT LISTED FOR SALE

Estimated Value: $50,000 - $116,000

0.05 Acre
$1,693,878 Price per Acre
2,134 Sq Ft Lot

Last Sold May 30, 2025

Last sale price $25,000

Est. 232% increase in value since last sale

Current estimated payment $472/month

378 Days on Market

About This Lot

As of May 2025

Vacant Lot - 2 parcels being sold together. Potential to build new home. 401 E Berkley Ave & 403 E Berkley. Well established neighborhood convenient to I64 & I264, Naval Base, shopping, restaurants and downtown Norfolk. City Water and Sewer available.

Last Agent to Sell the Property

Le Cao

BHHS RW Towne Realty Listed on: 05/09/2024

BHHS RW Towne Realty

Last Buyer's Agent

Sarah Wood Bigler

Creed Realty

Creed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $481

Lot Details

  • Wooded Lot
  • Property is zoned R-11

Home Design

  • Cluster Home

Schools

  • St. Helena Elementary School
  • Lake Taylor Middle School
  • Lake Taylor High School

Community Details

  • Berkley Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$481

Lot Details

0

Listing Details

  • Property Type: Land and Farms
  • Property Type - Cross Property: Land and Farms
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Address Street Name Website: Berkley
  • Address Street Num Website: 401
  • Address Website: 401 E Berkley AVE
  • Fence: No
  • Market Time: 377
  • Use Current L A F: None
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fence Description: None
  • Frontage Road: City / County
  • Road Surface: Paved
  • Waterfront Description: Not Waterfront

Utilities

  • Utilities: City Sewer, City Water, Electric Avail

Schools

  • Elementary School: St. Helena Elementary
  • Middle School: Lake Taylor School
  • High School: Lake Taylor

Lot Info

  • Waterfront YN: No
  • Lot Dimensions: 2,156 SQF & 1760 SQ
  • Improvements: None
  • Land Description: Wooded
  • Lot Size: Less Than 1/4 Acre
  • Perc Test Table: None
  • Tree Description: Cluster
  • Use Possible: Residential
  • Zoning: R-11

Tax Info

  • Tax Amount Approx: 481

MLS Schools

  • Elementary School: St. Helena Elementary
  • School High School: Lake Taylor
  • Middle School: Lake Taylor School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
May 30, 2025
Sold by
Nguyen Quy
Bought by
Superior Pride Inc
Seller's Agent
Le Cao
BHHS RW Towne Realty
Buyer's Agent
Sarah Wood Bigler
Creed Realty
List Price
$39,700
Sold Price
$25,000
Premium/Discount to List
-$14,700
-37.03%
Views
301
Current Estimated Value
$83,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,000
Avg. Annual Appreciation
12049.33%

Purchase Details

Closed on
May 13, 2020
Sold by
Jbl Construction Llc
Bought by
Premium Cash Homes Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Superior Pride Inc $25,000 Fortis Title
Premium Cash Homes Llc $50,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $25,000 +4.6% --
05/22/2025 05/22/25 Pending -- -- --
12/02/2024 12/02/24 Price Changed $23,900 -19.0% --
08/30/2024 08/30/24 Price Changed $29,500 -15.7% --
06/13/2024 06/13/24 Price Changed $35,000 -11.8% --
05/09/2024 05/09/24 For Sale $39,700 -- --
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
2024 $275 $22,000 $22,000 $0
2023 $275 $22,000 $22,000 $0
2022 $190 $15,200 $15,200 $0
2021 $165 $13,200 $13,200 $0
2020 $150 $12,000 $12,000 $0
2019 $150 $12,000 $12,000 $0
2018 $150 $12,000 $12,000 $0
2017 $138 $12,000 $12,000 $0
2016 $138 $12,000 $12,000 $0
2015 $138 $12,000 $12,000 $0
2014 $138 $12,000 $12,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10531762

Real Estate Information Network (REIN)

APN: 61509982