$115,000
SOLD NOV 26, 2024

8570 Chesapeake Blvd Unit 8 Norfolk, VA 23503

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

Recently Sold

$164 Per Sq Ft

27 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Door to Door Trash Pickup
  • Carpet

About This Home

As of November 2024

GREAT INVESTMENT PROPERTY OPPORTUNITY– Looking To Invest In The Real Estate Market? This Could Be The Property You Have Been Searching For. Situated In A Prime Location Minutes From Naval Station Norfolk, Near Shopping, Dining, Beaches And The Interstate. This 2nd Floor 2 Bedrooms, 1 Bathroom Condo Location Makes It Nice For An Investor Looking To Add To Existing Rental Portfolio Or Start In Building A New Rental Portfolio. There’s Already A Tenant In Place!

Last Agent to Sell the Property

Jimmy Stewart

EXP Realty LLC Listed on: 10/23/2024

EXP Realty LLC

Last Buyer's Agent

Devin Lundy

EXP Realty LLC

EXP Realty LLC

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
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 701 Sq Ft Home
  • 2-Story Property
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Sewer Paid

Community Details

Overview

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

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: 164.05
  • Neighborhood Name: EUWANEE PARK
  • 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: 28
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 2
  • Year Built: 1996

Interior Features

  • Interior Amenities: Scuttle Access
  • Flooring Type: Carpet, Vinyl
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • First Floor Bedroom/Full Bathrooms: No
  • Other Rooms: None
  • Appliances: Dryer, Microwave, Elec Range, Refrigerator, Washer
  • Stories Number: 2.0000
  • Estimated Sq Ft: 701

Exterior Features

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

Garage/Parking

  • Parking: 1 Space

Utilities

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

Condo/Co-op/Association

  • Condo Level: 2
  • Amenities COA/POA: 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
Oct 23, 2024
Closed on
Nov 23, 2024
Sold by
Dn & L Llc
Bought by
Chang Shuolun and Wu Yanna
Seller's Agent
Jimmy Stewart
EXP Realty LLC
Buyer's Agent
Devin Lundy
EXP Realty LLC
List Price
$115,000
Sold Price
$115,000
Views
94
Current Estimated Value
$116,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,536
Avg. Annual Appreciation
1.63%

Purchase Details

Closed on
Aug 17, 2020
Sold by
Ksak1 Llc
Bought by
D N & L Llc

Purchase Details

Closed on
Mar 9, 2013
Sold by
Baker Chadwick W and Baker Heather D
Bought by
Southerin Bank And Trust Co

Purchase Details

Closed on
Oct 13, 2006
Sold by
38Th Street Properties Llc
Bought by
Baker Chadwick and Baker Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Warranty Deed $80,000 Attorney
Foreclosure Deed $82,900 None Available
Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $115,000 0.0% $164 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $115,000 -- $164 / 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 $706 $82,900 $8,000 $74,900
2014 $706 $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: 10556427

Real Estate Information Network (REIN)

APN: 61167408