Seller's Agent in 2025
Colleen Kovach
Own Real Estate LLC
(757) 575-9005
10 in this area
155 Total Sales
4815 Colonial Ave Norfolk, VA 23508
Colonial Place-Riverview Neighborhood
--
Bed
--
Bath
3,268
Sq Ft
7,144
Sq Ft Lot
About This Home
As of June 2025What an opportunity and no flood insurance required! Tastefully restored duplex sitting high in the back of Historic Colonial Place. High ceilings, large room size, renovated kitchens, hardwood floors, sunrooms, mid-century windows that flood it with natural light while showcasing the craftsmanship of the era, show this today! Completely renovated: kitchens, unit 2 bathrm, unit 1 1/2 bathrm; plus restored hardwood floors; complete electrical rewire w upgraded service; newer hvac w 2013 ducting; gutters 2024; 40 yr roof 2013 and blown-in insulation. French drain & sump in basement, 1/4 bath. Large attic, huge basement, detached garage. Both units have separate laundry. All utilities split. Rent for unit 1 potential $2,100+, rent for unit 2 potential $2,000+ . An opportunity like this is rare! Tenant plans to vacate by 5/1/25 so new owner can occupy or rent both! Minutes to parks, playgrounds, shopping and dining of N Colley, Ghent and the Railyard District!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,852
Year Built
- Built in 1918
Lot Details
- Back Yard Fenced
- Corner Lot
Home Design
- Duplex
- Brick Exterior Construction
- Asphalt Shingled Roof
- Urethane Roof
- Vinyl Siding
Interior Spaces
- 3,268 Sq Ft Home
- Basement
- Crawl Space
Schools
- Granby Elementary School
- Blair Middle School
- Maury High School
Utilities
- Separate Meters
- Separate Water Meter
- Electric Water Heater
Community Details
- Colonial Place Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2025
Closed on
Jun 13, 2025
Sold by
Rodriguez Liza M Weber and Rodriguez Ryan L
Bought by
Speer Rebecca
Seller's Agent
Colleen Kovach
Own Real Estate LLC
Buyer's Agent
Colleen Kovach
Own Real Estate LLC
List Price
$635,000
Sold Price
$590,000
Premium/Discount to List
-$45,000
-7.09%
Views
230
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144
Avg. Annual Appreciation
0.03%
Original Mortgage
$496,125
Outstanding Balance
$494,839
Interest Rate
6.76%
Mortgage Type
VA
Estimated Equity
$95,305
Purchase Details
Closed on
Aug 21, 2012
Sold by
Estate Of Anastasia T Panayiotou
Bought by
Rodriguez Ryan L Weber and Rodriguez Liza M Weber
Purchase Details
Closed on
Apr 25, 2006
Sold by
Georgiou Helen
Bought by
Georgiou Helen and Panayiotou Anastasia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,250
Interest Rate
6.4%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $590,000 | First American Title Insurance | |
| Bargain Sale Deed | $190,000 | None Available | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $496,125 | VA | |
| Previous Owner | $470,250 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | Sold | $590,000 | -1.7% | $181 / Sq Ft |
| 06/08/2025 06/08/25 | Pending | -- | -- | -- |
| 05/20/2025 05/20/25 | Price Changed | $599,950 | -3.1% | $184 / Sq Ft |
| 04/21/2025 04/21/25 | Price Changed | $619,000 | -2.5% | $189 / Sq Ft |
| 04/07/2025 04/07/25 | For Sale | $635,000 | -- | $194 / Sq Ft |
Source: Real Estate Information Network (REIN)
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 | $6,053 | $484,200 | $113,300 | $370,900 |
| 2024 | $5,852 | $475,800 | $113,300 | $362,500 |
| 2023 | $5,626 | $450,100 | $113,300 | $336,800 |
| 2022 | $5,300 | $424,000 | $87,200 | $336,800 |
| 2021 | $4,946 | $395,700 | $87,200 | $308,500 |
| 2020 | $4,848 | $387,800 | $79,300 | $308,500 |
| 2019 | $4,775 | $382,000 | $79,300 | $302,700 |
| 2018 | $4,593 | $367,400 | $79,300 | $288,100 |
| 2017 | $4,180 | $363,500 | $79,300 | $284,200 |
| 2016 | $4,126 | $352,400 | $72,100 | $280,300 |
| 2015 | $3,529 | $352,400 | $72,100 | $280,300 |
| 2014 | $3,529 | $352,400 | $72,100 | $280,300 |
Source: Public Records
Agents Affiliated with this Home
-
Colleen Kovach
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10576634
APN: 16087100
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