720 Forbes St Norfolk, VA 23504
Chesterfield Heights NeighborhoodEstimated payment $1,185/month
Highlights
- Hot Property
- Breakfast Area or Nook
- Porch
- No HOA
- Utility Closet
- Bungalow
About This Home
Located in Norfolk's historic Chesterfield Heights, this 3-bedroom, 2-bath bungalow spans 1,056 square feet and offers a bold opportunity for those with vision. Though the interior now requires a complete renovation - including all new flooring, full paint, and kitchen structural repairs due to cabinet separation and floor sloping - its potential is undeniable. This property will be sold AS-IS as part of a professionally negotiated short sale, with no repairs by the seller. Minutes from downtown Norfolk, the waterfront, Norfolk State University, Sentara, and hotspots like The Main, Commune, and Selden Market, this home invites transformation. Restore its character, reimagine its layout, and revive its place in this vibrant community. Whether you're a savvy investor or a hands-on homeowner, this is your canvas. Hurry to schedule a private viewing now before someone else buys YOUR HOME!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,260
Year Built
- Built in 1919
Lot Details
- 3,938 Sq Ft Lot
- Back Yard Fenced
- Property is zoned R-9
Home Design
- Bungalow
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- 1,056 Sq Ft Home
- 1-Story Property
- Utility Closet
- Washer and Dryer Hookup
- Crawl Space
- Pull Down Stairs to Attic
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- Off-Street Parking
Outdoor Features
- Porch
Schools
- Chesterfield Academy Elementary School
- Ruffner Academy Middle School
- Lake Taylor High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Chesterfield Heights Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,465 | $197,200 | $36,800 | $160,400 |
| 2024 | $2,260 | $183,700 | $36,800 | $146,900 |
| 2023 | $2,135 | $170,800 | $36,800 | $134,000 |
| 2022 | $1,660 | $109,400 | $24,800 | $84,600 |
| 2021 | $1,279 | $102,300 | $24,800 | $77,500 |
| 2020 | $1,161 | $92,900 | $22,500 | $70,400 |
| 2019 | $1,190 | $95,200 | $24,800 | $70,400 |
| 2018 | $1,090 | $87,200 | $24,800 | $62,400 |
| 2017 | $1,003 | $87,200 | $24,800 | $62,400 |
| 2016 | $961 | $89,800 | $27,000 | $62,800 |
| 2015 | $990 | $89,800 | $27,000 | $62,800 |
| 2014 | $990 | $89,800 | $27,000 | $62,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2025 10/08/25 | For Sale | $190,000 | -- | $180 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $65,000 | Titlequest Of Hampton Roads | |
| Deed | -- | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $109,200 | Commercial |
About the Listing Agent
Leà Marie is a dynamic, award-winning real estate agent and property manager serving Hampton Roads. With over 30 years in the area, she brings unparalleled knowledge of the region and a deep commitment to her clients. Ranked in the top 1% of REALTORS® and a consistent Circle of Excellence honoree, she’s been recognized as a Virginia Living Top Agent, America’s Top 100 Real Estate Agent, and Coastal Virginia Top Agent. Her expertise spans buyers, sellers, landlords, investors, and renters,
Lea' Marie's Other Listings
Source: Real Estate Information Network (REIN)
MLS Number: 10605378
APN: 39972400
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