$316,700
SOLD DEC 17, 2024
2 Beds
2 Baths
1,259 Sq Ft
$295/mo HOA Fee

Recently Sold

$252 Per Sq Ft

5% Below List Price

66 Days on Market

Highlights

  • City Lights View
  • Intercom
  • Home Security System
  • Property is near public transit
  • Security Service
  • En-Suite Primary Bedroom

About This Home

As of December 2024

Own this stunning loft in downtown Norfolk located in the iconic Rotunda building with secure building access and owner reserved parking. Easy access to entertainment, dining and more! Loft 306 offers stunning city of lights and spectacular Waterside fireworks views, exposed real bricks, piping, ductwork and concrete floors accentuates throughout. Design lighting, granite countertops and extraordinary cabinet space.

A 2 bedroom / 2 bath space offering one conversion into a workspace and fitness area. Also includes a separate storage space, new washer dryer combo, appliances, ceiling fans and window treatments. No flood insurance required and 2 pets are allowed.

The seller has a 2.375% VA assumable rate or you can explore the rate relief option by using our preferred lender.

Last Agent to Sell the Property

Zonnie Epps

Black Lion Realty LLC Listed on: 10/11/2024

Last Buyer's Agent

Chad Davis

LPT Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,292

Year Built

  • Built in 2008

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Loft
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,259 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Concrete Flooring
  • City Lights Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Assigned Parking

Schools

  • P.B. Young Sr. Elementary School
  • Ruffner Middle School
  • Maury High School

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Property is near public transit

Community Details

Overview

  • The Select Group Jen Lusk 757 486 6000 Association
  • Mid-Rise Condominium
  • Downtown Area Subdivision

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,292

Year Built

Built in 2008

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • HOA YN: Yes
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Mid Rise
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • Unit Description: 1 Living Lvl, Loft
  • LP/ Sq Ft: 266.00
  • Neighborhood Name: ROTUNDA
  • Estimated Year Built: 2008
  • Association Legal Name: Rotunda Condominiums
  • Management Company: The Select Group - Jen Lusk 757-486-6000
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Saint Pauls
  • Address Street Num Website: 415
  • Address Website: 415 Saint Pauls BLVD
  • Fees Condo Monthly: 295
  • Fence: No
  • Market Time: 60
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 2008

Interior Features

  • Interior Amenities: Window Treatments
  • Accessibility: Elevator
  • Equipment: Cable Hookup, Ceiling Fan, Intercom, Security Sys
  • Flooring Type: Concrete
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: Loft, PBR with Bath
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1259

Exterior Features

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

Garage/Parking

  • Parking: 1 Space, Assigned/Reserved, Close to Mass Transit, Off Street

Utilities

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

Condo/Co-op/Association

  • Condo Level: 3
  • Amenities COA/POA: Elevator, Security
  • Association #2 Fee Frequency: Monthly

Schools

  • Elementary School: P.B. Young Sr. Elementary
  • Middle School: Ruffner Middle
  • High School: Maury

Lot Info

  • Waterfront YN: No

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 4292

MLS Schools

  • Elementary School: P.B. Young Sr. Elementary
  • School High School: Maury
  • Middle School: Ruffner Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Dec 13, 2024
Sold by
Taylor Lisa
Bought by
Alfaro Monica Maria Vesga and Ehrman Max William
Seller's Agent
Zonnie Epps
Black Lion Realty LLC
Buyer's Agent
Chad Davis
LPT Realty LLC
List Price
$334,900
Sold Price
$316,700
Premium/Discount to List
-$18,200
-5.43%
Views
208
Current Estimated Value
$315,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,512
Avg. Annual Appreciation
-0.29%
Original Mortgage
$323,509
Outstanding Balance
$322,394
Interest Rate
6.79%
Mortgage Type
VA
Estimated Equity
-$6,364

Purchase Details

Closed on
Oct 29, 2021
Sold by
Gibson Eric T
Bought by
Taylor Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,346
Interest Rate
2.88%
Mortgage Type
VA

Purchase Details

Closed on
Jan 30, 2018
Sold by
Gibson Eric T and Gibson Stacy J
Bought by
Gibson Eric T

Purchase Details

Closed on
Mar 4, 2009
Sold by
The Rotunda Building Llc
Bought by
Gibson Eric T and Gibson Stacy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,191
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Bargain Sale Deed $316,700 Priority Title
Warranty Deed $273,500 Priority Title & Escrow Llc
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $368,490 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $323,509 VA
Previous Owner $283,346 VA
Previous Owner $331,191 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Pending -- -- --
12/17/2024 12/17/24 Sold $316,700 -5.4% $252 / Sq Ft
10/11/2024 10/11/24 For Sale $334,900 -- $266 / 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
2024 $4,523 $325,400 $52,900 $272,500
2023 $4,292 $304,400 $44,100 $260,300
2022 $3,340 $284,500 $39,000 $245,500
2021 $2,674 $285,200 $39,000 $246,200
2020 $2,113 $305,200 $39,000 $266,200
2019 $1,391 $307,900 $39,000 $268,900
2018 $653 $279,700 $39,000 $240,700
2017 $604 $279,500 $38,800 $240,700
2016 $604 $273,100 $38,800 $234,300
2015 $604 $273,100 $38,800 $234,300
2014 $604 $273,100 $38,800 $234,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10554855

Real Estate Information Network (REIN)

APN: 10003027