$115,000
SOLD NOV 12, 2024

8570 Chesapeake Blvd Unit 1 Norfolk, VA 23503

Bay View Neighborhood
2 Beds
1 Bath
701 Sq Ft
1,830 Sq Ft Lot

Recently Sold

$164 Per Sq Ft

8% Below List Price

119 Days on Market

Highlights

  • City Lights View
  • Utility Closet
  • Door to Door Trash Pickup
  • Breakfast Area or Nook
  • Forced Air Heating System
  • Carpet

About This Home

As of November 2024

great investment potential. currently leased until end of year($950). Near base, hwys and beach.

Last Agent to Sell the Property

James Bambury

1st Class Real Estate Integrity Listed on: 05/16/2024

1st Class Real Estate Integrity

Co-Listed By

Angela Kennedy

1st Class Real Estate Integrity

Last Buyer's Agent

Linda McBurney

Wainwright Real Estate

Wainwright Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,203

Year Built

  • Built in 1996

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Property Attached
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 701 Sq Ft Home
  • 1-Story Property
  • Utility Closet
  • Washer and Dryer Hookup
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Bay View Elementary School
  • Azalea Gardens Middle School
  • Norview High School

Utilities

  • SEER Rated 16+ Air Conditioning Units
  • Forced Air Heating System
  • Electric Water Heater
  • Sewer Paid

Community Details

Overview

  • Jim Bambury 757 955 0117 Association
  • Low-Rise Condominium
  • Euwanee Park Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,203

Year Built

Built in 1996

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • HOA YN: Yes
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Lo Rise
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: 65-70
  • Master Model: No
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 163.91
  • Estimated Year Built: 1996
  • Association Legal Name: baycrest condo association
  • Management Company: jim bambury 757-955-0117
  • Address Street Name Website: Chesapeake
  • Address Street Num Website: 8570
  • Address Website: 8570 Chesapeake BLVD
  • Fees Condo Monthly: 160
  • Fence: No
  • Market Time: 110
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1996

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, Breakfast Area, Utility Closet
  • Appliances: Dishwasher, Dryer Hookup, Gas Range, Refrigerator, Washer Hookup
  • Stories Number: 1.0000
  • Estimated Sq Ft: 701

Exterior Features

  • Exterior Siding: Vinyl
  • Fence Description: None
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • View: City
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: 1 Space

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: None
  • Cooling: 16+ SEER A/C
  • Heating: Forced Hot Air

Condo/Co-op/Association

  • Condo Level: 1
  • Amenities COA/POA: Ground Maint, Sewer, Trash Pickup, Water
  • Association #2 Fee Frequency: Monthly

Schools

  • Elementary School: Bay View Elementary
  • Middle School: Azalea Gardens Middle
  • High School: Norview

Lot Info

  • Waterfront YN: No
  • Zoning: R-13

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 1203

MLS Schools

  • Elementary School: Bay View Elementary
  • School High School: Norview
  • Middle School: Azalea Gardens Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Nov 12, 2024
Sold by
38Th Street Properties Llc
Bought by
Martinez Maday
Seller's Agent
James Bambury
1st Class Real Estate Integrity
Buyer's Agent
Linda McBurney
Wainwright Real Estate
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Views
338
Current Estimated Value
$113,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,429
Avg. Annual Appreciation
-1.46%
Original Mortgage
$113,680
Outstanding Balance
$112,779
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$792
Source: Public Records

Range of Values:

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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 $115,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $113,680 New Conventional
Previous Owner $240,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $115,000 +0.1% $164 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
07/23/2024 07/23/24 Price Changed $114,900 -8.0% $164 / Sq Ft
05/16/2024 05/16/24 For Sale $124,900 -- $178 / 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
2024 $1,231 $100,100 $12,600 $87,500
2023 $1,203 $96,200 $12,600 $83,600
2022 $1,064 $85,100 $7,700 $77,400
2021 $1,004 $80,300 $7,700 $72,600
2020 $1,004 $80,300 $7,700 $72,600
2019 $1,004 $80,300 $7,700 $72,600
2018 $949 $75,900 $7,700 $68,200
2017 $881 $76,600 $7,700 $68,900
2016 $929 $82,900 $8,000 $74,900
2015 $942 $82,900 $8,000 $74,900
2014 $942 $82,900 $8,000 $74,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10533078

Real Estate Information Network (REIN)

APN: 61167401