718 Colonial Ave Norfolk, VA 23507
Ghent Square Neighborhood
3
Beds
2.5
Baths
2,367
Sq Ft
$92/mo
HOA Fee
Highlights
- City Lights View
- Deck
- Cathedral Ceiling
- Clubhouse
- Property is near public transit
- 3-minute walk to Botetourt Gardens
About This Home
As of May 2025Ghent Living at its Best! This well-maintained 3-level townhouse, built in 1987 by the original owner, is move-in ready. The first level includes an entry foyer, living room with wood-burning fireplace, dining room, updated kitchen with butler’s pantry, breakfast room/den, and half bath. The second level features a primary bedroom with cathedral ceiling, walk-in closet, private deck, and ensuite bath, plus a second bedroom with full bath and walk-in closet. Laundry is conveniently located on this floor. The third level has a large bedroom with a big closet and an unfinished bathroom, plumbed and ready for fixtures. Two attic storage spaces and a 2-car garage complete the home. Enjoy membership in the Ghent Square HOA with a pool, clubhouse, and tennis/pickleball courts. Close to shopping, restaurants, military bases, Sentara Medical Center, and EVMS Medical School.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,470
Year Built
- Built in 1986
HOA Fees
- $92 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Asphalt Shingled Roof
- Urethane Roof
- Vinyl Siding
Interior Spaces
- 2,367 Sq Ft Home
- 3-Story Property
- Bar
- Cathedral Ceiling
- Wood Burning Fireplace
- Window Treatments
- Entrance Foyer
- Utility Closet
- City Lights Views
- Crawl Space
- Attic Fan
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Garage Door Opener
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
- Porch
Schools
- Blair Middle School
- Maury High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Satellite Dish
- Cable TV Available
Additional Features
- 2,470 Sq Ft Lot
- Property is near public transit
Community Details
Overview
- Ghent Square Subdivision
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2025
Closed on
May 8, 2025
Sold by
Billy R Beach And Christine M Busch Revo and Busch Christine M
Bought by
Croatti Kyle Thomas
Seller's Agent
Nancy Wilcox
BHHS RW Towne Realty
Buyer's Agent
Jacquelyn Paolella
Keller Williams Coastal Virginia Chesapeake
List Price
$499,000
Sold Price
$499,000
Views
62
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
$6,283
Avg. Annual Appreciation
5.13%
Original Mortgage
$403,987
Outstanding Balance
$403,274
Interest Rate
6.64%
Mortgage Type
VA
Estimated Equity
$102,009
Purchase Details
Closed on
Jul 23, 2018
Sold by
Beach Billy R and Busch Christine M
Bought by
Beach Billy R and Busch Christine M
Purchase Details
Closed on
Dec 11, 2012
Sold by
Busch Christine M
Bought by
Busch Christine M and Busch Billy R
Similar Homes in Norfolk, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $499,000 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Gift Deed | -- | Stewart Title & Settlement S |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $403,987 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | Sold | $499,000 | 0.0% | $211 / Sq Ft |
| 05/05/2025 05/05/25 | Pending | -- | -- | -- |
| 04/03/2025 04/03/25 | For Sale | $499,000 | -- | $211 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
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 | $5,559 | $444,700 | $104,000 | $340,700 |
| 2023 | $5,486 | $438,900 | $104,000 | $334,900 |
| 2022 | $4,985 | $398,900 | $94,500 | $304,400 |
| 2021 | $4,734 | $378,700 | $94,500 | $284,200 |
| 2020 | $4,678 | $374,200 | $90,000 | $284,200 |
| 2019 | $4,676 | $374,100 | $89,900 | $284,200 |
| 2018 | $4,558 | $364,600 | $89,900 | $274,700 |
| 2017 | $4,107 | $357,100 | $89,900 | $267,200 |
| 2016 | $4,022 | $360,800 | $89,900 | $270,900 |
| 2015 | $4,141 | $360,800 | $89,900 | $270,900 |
| 2014 | $4,141 | $360,800 | $89,900 | $270,900 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Wilcox
Seller's Agent in 2025
Nancy Wilcox
BHHS RW Towne Realty
(757) 422-2200
2 in this area
13 Total Sales
-
Charles Wilcox
Seller Co-Listing Agent in 2025
Charles Wilcox
BHHS RW Towne Realty
(757) 630-7952
2 in this area
42 Total Sales
-
Jacquelyn Paolella
Buyer's Agent in 2025
Jacquelyn Paolella
Keller Williams Coastal Virginia Chesapeake
(757) 386-7777
2 in this area
94 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10575499
APN: 35762510
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