$150,000
SOLD NOV 25, 2025
2 Beds
1 Bath
911 Sq Ft
6,795 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

25% Below List Price

13 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Picket Fence
  • Attic
  • Home Office
  • Forced Air Heating and Cooling System

About This Home

As of November 2025

Ideal opportunity for investors, DIYers, or first-time buyers ready to roll up their sleeves. Located just minutes from Norfolk’s major military installations, while still being within a short drive to waterfront recreation, public transit, shopping and dining. Bring your vision and contractor. Take advantage of the low price point and turn this diamond in the rough into a gem. Don’t miss your chance!

Last Agent to Sell the Property

Christine Lynn

Swell Realty Co Listed on: 11/06/2025

Swell Realty Co

Last Buyer's Agent

Zaid Shaban

Networth Realty of VA Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,063

Year Built

  • Built in 1948

Lot Details

  • Picket Fence
  • Chain Link Fence
  • Property is zoned R-7

Home Design

  • Fixer Upper
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 911 Sq Ft Home
  • 1-Story Property
  • Home Office
  • Utility Room
  • Dryer
  • Crawl Space
  • Gas Range
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Car Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

  • Suburban Park Elementary School
  • Northside Middle School
  • Granby High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Cottage Road Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,063

Year Built

Built in 1948

Lot Details

0

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property Type - Cross Property: Detached Residential
  • Style: Ranch
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • Unit Description: 1 Living Lvl
  • Miscellaneous: Fixer Upper
  • LP/ Sq Ft: 219.54
  • Estimated Year Built: 1948
  • Address Street Name Website: Gladstone
  • Address Website: 512 Gladstone RD
  • Fence: Yes
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Flooring Type: Vinyl, Wood
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, 1st Floor Primary BR, Attic, Office/Study, Utility Room
  • Appliances: Dryer, Dryer Hookup, Gas Range, Refrigerator, Washer Hookup
  • Stories Number: 1.0000
  • Estimated Sq Ft: 911

Exterior Features

  • Exterior Siding: Asbestos
  • Fence Description: Chain Link, Picket
  • Foundation Type: Crawl
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: 3 Space, Off Street, Street

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Gas
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Forced Hot Air

Lot Info

  • Waterfront YN: No
  • Zoning: R-7

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 2063

MLS Schools

  • Elementary School: Suburban Park Elementary
  • School High School: Granby
  • Middle School: Northside Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2025
Closed on
Nov 20, 2025
Sold by
Saltwater Capital Holdings Llc
Bought by
Threefold Capital Llc
Seller's Agent
Christine Lynn
Swell Realty Co
Buyer's Agent
Zaid Shaban
Networth Realty of VA Beach
List Price
$200,000
Sold Price
$150,000
Premium/Discount to List
-$50,000
-25%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13036.55%
Original Mortgage
$182,000
Outstanding Balance
$182,000
Interest Rate
6.27%
Mortgage Type
Construction
Estimated Equity
$39,600
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Bargain Sale Deed $160,000 First American Title Insurance
Bargain Sale Deed $150,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $182,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 Sold $150,000 -25.0% $165 / Sq Ft
11/19/2025 11/19/25 Pending -- -- --
11/06/2025 11/06/25 For Sale $200,000 -- $220 / 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
2025 $2,105 $168,400 $66,000 $102,400
2024 $2,096 $167,700 $66,000 $101,700
2023 $2,014 $161,100 $66,000 $95,100
2022 $1,774 $141,900 $55,000 $86,900
2021 $1,511 $120,900 $44,000 $76,900
2020 $0 $117,100 $42,500 $74,600
2019 $1,202 $110,600 $37,500 $73,100
2018 $1,224 $106,400 $37,500 $68,900
2017 $1,202 $104,500 $37,500 $67,000
2016 $1,202 $108,000 $37,500 $70,500
2015 $529 $108,000 $37,500 $70,500
2014 $529 $108,000 $37,500 $70,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10609074

Real Estate Information Network (REIN)

APN: 20111900