718 Maryland Ave Norfolk, VA 23508
Colonial Place Neighborhood
4
Beds
2
Baths
1,888
Sq Ft
5,314
Sq Ft Lot
Highlights
- City Lights View
- Wood Flooring
- No HOA
- Colonial Architecture
- Sun or Florida Room
- Porch
About This Home
As of April 2025AMAZING OPPORTUNITY! Priced below assessment! Restore this Diamond in the rough back into the Historical Treasure hidden within its walls. This Home has so much Character! Remarkable... Many structural (windows, etc.), systems (HVAC with back-up gas heat, plumbing, electrical) and other various items updated throughout the years. More to be done, but pricepoint will allow. Attic has been converted to temperature controlled potential living space, believed to not be included in square footage in tax records. Come and See for Yourself! Cash or rehab loans only. Property sold as-is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,668
Year Built
- Built in 1927
Lot Details
- Chain Link Fence
- Back Yard Fenced
- Property is zoned R-8
Home Design
- Colonial Architecture
- Traditional Architecture
- Fixer Upper
- Slate Roof
- Urethane Roof
- Asbestos Siding
Interior Spaces
- 1,888 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Gas Fireplace
- Entrance Foyer
- Sun or Florida Room
- City Lights Views
- Basement
- Crawl Space
- Washer and Dryer Hookup
Kitchen
- Gas Range
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 1 Car Detached Garage
- Parking Available
- Driveway
- On-Street Parking
Outdoor Features
- Porch
Schools
- Granby Elementary School
- Blair Middle School
- Maury High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Colonial Place Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2025
Closed on
Apr 24, 2025
Sold by
Seto & Kline Homes Llc
Bought by
Ilchyshyn Nicholas Stephan
Seller's Agent
Madison Mason
Steel Forged Real Estate LLC
Buyer's Agent
Ava Ighanian
1st Class Real Estate Flagship
List Price
$425,000
Sold Price
$436,000
Premium/Discount to List
$11,000
2.59%
Views
96
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-82.62%
Purchase Details
Closed on
Dec 7, 2021
Sold by
Hickman Matthew V
Bought by
Hickman Matthew V and The Matthew V Hickman Revocabl
Purchase Details
Closed on
Mar 1, 2021
Sold by
Hickman Matthew V
Bought by
Matthew V Hickman Revocable Trust and Hickman
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 |
|---|---|---|---|
| Bargain Sale Deed | $436,000 | Fortis Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | Boys Brian A | |
| Gift Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $196,900 | New Conventional | |
| Previous Owner | $261,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Sold | $436,000 | +2.6% | $216 / Sq Ft |
| 04/15/2025 04/15/25 | Pending | -- | -- | -- |
| 04/03/2025 04/03/25 | For Sale | $425,000 | +51.8% | $210 / Sq Ft |
| 01/13/2025 01/13/25 | Sold | $280,000 | -6.5% | $148 / Sq Ft |
| 01/04/2025 01/04/25 | Pending | -- | -- | -- |
| 11/27/2024 11/27/24 | For Sale | $299,500 | -- | $159 / 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 | $4,025 | $322,000 | $85,000 | $237,000 |
| 2023 | $3,618 | $289,400 | $85,000 | $204,400 |
| 2022 | $3,566 | $285,300 | $80,900 | $204,400 |
| 2021 | $3,475 | $278,000 | $80,900 | $197,100 |
| 2020 | $3,448 | $275,800 | $77,000 | $198,800 |
| 2019 | $3,354 | $268,300 | $69,500 | $198,800 |
| 2018 | $3,189 | $255,100 | $66,000 | $189,100 |
| 2017 | $2,859 | $248,600 | $66,000 | $182,600 |
| 2016 | $2,859 | $223,600 | $60,000 | $163,600 |
| 2015 | $2,571 | $223,600 | $60,000 | $163,600 |
| 2014 | $2,571 | $223,600 | $60,000 | $163,600 |
Source: Public Records
Agents Affiliated with this Home
-
Madison Mason
Seller's Agent in 2025
Madison Mason
Steel Forged Real Estate LLC
(757) 955-4148
3 in this area
222 Total Sales
-
Kathy Hershy
Seller's Agent in 2025
Kathy Hershy
The Real Estate Group
(757) 761-4473
1 in this area
95 Total Sales
-
Ava Ighanian
Buyer's Agent in 2025
Ava Ighanian
1st Class Real Estate Flagship
(757) 797-5510
1 in this area
30 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10560600
APN: 36331700
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