$285,000
SOLD MAR 25, 2025
1 Bed
1.5 Baths
1,023 Sq Ft
1 Acres

Recently Sold

$279 Per Sq Ft

7% Below List Price

181 Days on Market

Highlights

  • Deep Water Access
  • Spa
  • Clubhouse
  • Tennis Courts
  • River View
  • 1-minute walk to River Front Park

About This Home

As of March 2025

Amazing views on the bustling Elizabeth River (MM #1 / Intercoastal Waterway). Premiere location on 5th deck Admirals Landing, enjoy a private balcony with views of Downtown Norfolk and the ships channel. Updated condo offers an open floor plan, high quality kitchen with newer appliance package, large windows, new custom high quality engineered hardwood flooring, new HVAC. Condo fees include ALL utilities except electric; inc basic cable, clubhouse with kitchen, exercise room, grounds maintenance, salt water pool, hot tub, tennis/pickleball courts, additional storage, hot tub, security, elevators, car washing spot, covered parking, rentable guest suite on the ninth floor, library, trash pickup, water. Near dining, shopping, museums, entertainment and a gorgeous historic district, or hop on the ferry and take a ride to Downtown Norfolk, Waterside, or Harbor Park. Easy to show!

Last Agent to Sell the Property

Colleen Kovach

Own Real Estate LLC Listed on: 09/18/2024

Own Real Estate LLC

Last Buyer's Agent

Theresa Rock

The Real Estate Group

The Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,858

Year Built

  • Built in 1996

Lot Details

  • River Front
  • Block Wall Fence
  • Decorative Fence

HOA Fees

  • $478 Monthly HOA Fees

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 1,023 Sq Ft Home
  • 1-Story Property
  • Bar
  • Window Treatments
  • Workshop
  • Storage Room
  • Utility Room
  • River Views
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • 1 Car Parking Space

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 42 inches wide
  • Level Entry For Accessibility

Outdoor Features

  • Spa
  • Deep Water Access
  • Tennis Courts
  • Balcony
  • Patio

Schools

  • Park View Elementary School
  • Churchland Middle School
  • Ic Norcom High School

Utilities

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

Community Details

Overview

  • Dms Management Services Association
  • High-Rise Condominium
  • Olde Towne 119 Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Security Service

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,858

Year Built

Built in 1996

Lot Details

0

HOA Fees

$478 per month

Listing Details

  • HOA YN: Yes
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: High-Rise
  • GarageYN: Yes
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 278.59
  • Neighborhood Name: OLDE TOWNE
  • Estimated Year Built: 1996
  • Association Legal Name: DMS Management Services 757-622-6510
  • Management Company: DMS Management Services
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Water
  • Address Street Num Website: 475
  • Address Website: 475 Water ST
  • Fees Condo Monthly: 478
  • Fence: Yes
  • Market Time: 176
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1996

Interior Features

  • Interior Amenities: Bar, Walk-In Closet, Window Treatments
  • Accessibility: Elevator, Hallways 42 IN plus, Level Flooring, Main Floor Laundry
  • Equipment: Cable Hookup, Hot Tub, Security Sys
  • Flooring Type: Ceramic, Wood
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, 1st Floor Primary BR, Assigned Storage, Balcony, PBR with Bath, Pantry, Utility Room, Workshop
  • Appliances: Dishwasher, Disposal, Dryer, Energy Star Appliance(s), Microwave, Elec Range, Refrigerator, Washer
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1023

Exterior Features

  • Exterior Features: Patio, Tennis Court
  • Exterior Siding: Brick, Masonry
  • Fence Description: Decorative, Wall
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Composite
  • View: River
  • Waterfront Description: Deep Water, River

Garage/Parking

  • Parking: Parking Gar, 1 Space, Assigned/Reserved, Covered

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: 5
  • Amenities COA/POA: Cable, Clubhouse, Elevator, Ground Maint, Other, Pool, Security, Sewer, Tennis Cts, Trash Pickup, Water
  • Association #2 Fee Frequency: Monthly

Schools

  • Elementary School: Park View Elementary
  • Middle School: Churchland Middle
  • High School: IC Norcom

Lot Info

  • Waterfront YN: Yes
  • Zoning: T6

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 2858

MLS Schools

  • Elementary School: Park View Elementary
  • School High School: IC Norcom
  • Middle School: Churchland Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Mar 24, 2025
Sold by
Porter Charles D and Porter Naomi M
Bought by
Holley Charles and Holley Luellama
Seller's Agent
Colleen Kovach
Own Real Estate LLC
Buyer's Agent
Theresa Rock
The Real Estate Group
List Price
$305,000
Sold Price
$285,000
Premium/Discount to List
-$20,000
-6.56%
Views
145
Current Estimated Value
$286,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,102
Avg. Annual Appreciation
1.18%
Original Mortgage
$185,000
Outstanding Balance
$185,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$101,102

Purchase Details

Closed on
Dec 3, 2020
Sold by
Cohen Daniel J and Cohen Ann T
Bought by
Porter Charles D and Porter Naomi M

Purchase Details

Closed on
Feb 15, 2019
Sold by
Helfant Dorcas T and Bathe Virginia L
Bought by
Cohen Daniel J and Cohen Ann T
Source: Public Records

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Range of Values:

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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 $285,000 Fidelity National Title
Warranty Deed $224,900 Attorney
Warranty Deed $125,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,000 New Conventional
Previous Owner $90,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 Sold $285,000 0.0% $279 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
01/29/2025 01/29/25 Price Changed $285,000 -1.7% $279 / Sq Ft
11/28/2024 11/28/24 Price Changed $290,000 -2.7% $283 / Sq Ft
10/01/2024 10/01/24 Price Changed $298,000 -2.3% $291 / Sq Ft
09/18/2024 09/18/24 For Sale $305,000 -- $298 / 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 $2,886 $234,640 $126,500 $108,140
2023 $2,708 $216,610 $126,500 $90,110
2022 $2,398 $184,490 $110,000 $74,490
2021 $2,398 $184,490 $110,000 $74,490
2020 $2,214 $170,300 $110,000 $60,300
2019 $2,214 $170,300 $110,000 $60,300
2018 $2,214 $170,300 $110,000 $60,300
2017 $2,291 $176,240 $51,000 $125,240
2016 $2,291 $176,250 $51,000 $125,250
2015 $2,291 $176,250 $51,000 $125,250
2014 $2,238 $176,250 $51,000 $125,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10551744

Real Estate Information Network (REIN)

APN: 0002-0730