$292,000
SOLD DEC 13, 2024

450 W Princess Anne Rd Unit 207 Norfolk, VA 23517

Ghent Square Neighborhood
2 Beds
2 Baths
1,329 Sq Ft
915 Sq Ft Lot

Recently Sold

$220 Per Sq Ft

13% Below List Price

91 Days on Market

Highlights

  • City Lights View
  • Balcony
  • Level Entry For Accessibility
  • Contemporary Architecture
  • Walk-In Closet
  • 5-minute walk to Ghent Dog Park

About This Home

As of December 2024

Fabulous condo at The Colonnades of Ghent! One of largest units in complex. Open floor plan, soaring 10-foot ceilings, freshly painted, new floors and carpet throughout! Primary bedroom with en-suite bathroom and spacious closet plus second bedroom and full bathroom. Granite, plenty of cabinetry, stainless steel appliances, brand new fridge and large island create a chef's kitchen. While dining and living spaces make for easy everyday living or entertaining! Nice utility closet for extra storage and laundry. Gated parking, designated interior and exterior parking, formal foyer with mailboxes, central elevator, plus community bike rack. Proximity to restaurants, shopping and cultural venues combined with proximity to CHKD, Sentara complex, downtown, NOB and interstates, make this the perfect spot to land.

Last Agent to Sell the Property

Charlotte Chandler

BHHS RW Towne Realty Listed on: 08/13/2024

BHHS RW Towne Realty

Last Buyer's Agent

Lawrence Johnson

1st Class Real Estate Integrity

1st Class Real Estate Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,155

Year Built

  • Built in 2006

HOA Fees

  • $588 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,329 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Utility Room
  • City Lights Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • 2 Car Parking Spaces

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Dms Management Services 757 622 6510 Association
  • Low-Rise Condominium
  • Ghent Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,155

Year Built

Built in 2006

Lot Details

0

HOA Fees

$588 per month

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Contemp, Lo Rise
  • GarageYN: Yes
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 223.48
  • Neighborhood Name: GHENT
  • Estimated Year Built: 2006
  • Association Legal Name: The Colonnades in Ghent
  • Management Company: DMS Management Services 757-622-6510
  • Num Beds With Ensuite: 2
  • Address Street Name Website: Princess Anne
  • Address Street Num Website: 450
  • Address Website: 450 W Princess Anne RD
  • Fees Condo Monthly: 588
  • Fence: No
  • Market Time: 72
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Interior Amenities: Primary Sink-Double, Walk-In Closet
  • Accessibility: Elevator, Level Flooring, Main Floor Laundry
  • Equipment: Ceiling Fan
  • Flooring Type: Carpet, Ceramic, Laminate/LVP
  • 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, Balcony, PBR with Bath, Utility Room
  • Appliances: Dishwasher, Dryer, Microwave, Elec Range, Refrigerator, Washer
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1329

Exterior Features

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

Garage/Parking

  • Parking: Parking Gar, 2 Space, Assigned/Reserved

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: 2
  • Amenities COA/POA: Elevator, Ground Maint, Trash Pickup
  • Association #2 Fee Frequency: Monthly

Schools

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

Lot Info

  • Waterfront YN: No

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 4155

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
Aug 13, 2024
Closed on
Dec 11, 2024
Sold by
450 Wpa Llc
Bought by
Paulk Nekeitha
Seller's Agent
Charlotte Chandler
BHHS RW Towne Realty
Buyer's Agent
Lawrence Johnson
1st Class Real Estate Integrity
List Price
$335,000
Sold Price
$292,000
Premium/Discount to List
-$43,000
-12.84%
Views
73
Current Estimated Value
$308,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,789
Avg. Annual Appreciation
1.42%
Original Mortgage
$301,636
Outstanding Balance
$300,582
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
-$5,435

Purchase Details

Closed on
Jan 13, 2022
Sold by
Grandy Edith G
Bought by
450 Wpa Llc

Purchase Details

Closed on
Mar 15, 2007
Sold by
450 West Pricess Anne Llc
Bought by
Grandy V Cyrus W and Grandy Edith G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,900
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Deed $292,000 Priority Title
Deed -- Crenshaw Ware & Martin Plc
Bargain Sale Deed $399,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $301,636 VA
Previous Owner $299,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $292,000 -1.7% $220 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $297,000 -5.7% $223 / Sq Ft
10/08/2024 10/08/24 Price Changed $315,000 -3.1% $237 / Sq Ft
09/09/2024 09/09/24 Price Changed $325,000 -3.0% $245 / Sq Ft
08/13/2024 08/13/24 For Sale $335,000 -- $252 / 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 $4,307 $350,200 $19,900 $330,300
2023 $4,155 $332,400 $19,900 $312,500
2022 $4,155 $332,400 $19,900 $312,500
2021 $3,479 $278,300 $9,300 $269,000
2020 $3,479 $278,300 $9,300 $269,000
2019 $3,383 $270,600 $9,300 $261,300
2018 $3,274 $261,900 $9,300 $252,600
2017 $2,956 $257,000 $9,300 $247,700
2016 $2,956 $295,000 $9,500 $285,500
2015 $3,413 $295,000 $9,500 $285,500
2014 $3,413 $295,000 $9,500 $285,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10546738

Real Estate Information Network (REIN)

APN: 38808617