NOT LISTED FOR SALE

8576 Chesapeake Blvd Unit 107 Norfolk, VA 23503

Bay View Neighborhood

Estimated Value: $199,000 - $213,000

2 Beds
2 Baths
950 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 29, 2025

Last sale price $209,000 $220 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,492/month

42 Days on Market

Highlights

  • Cathedral Ceiling
  • Loft
  • En-Suite Primary Bedroom
  • Main Floor Bedroom
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

Welcome to this beautifully updated 2 bedroom, 2 bathroom condo. Step inside to discover fresh paint throughout, creating a bright and inviting atmosphere. The brand-new LVP flooring flows seamlessly through the entire space. The kitchen boasts stunning granite countertops paired with newly installed stainless steel appliances, and cabinets that provide ample storage. Each bathroom features updated vanities that offer a fresh feel. Whether you're enjoying the spacious living areas or relaxing in the peaceful bedrooms, this condo provides an ideal blend of style and function. The loft area upstairs is great for an office or flex space. The bedroom located upstairs has it's own ensuite bathroom for privacy. A short distance from Norfolk Naval, Ocean View Beach, and the fishing pier. The condo association is responsible for ground maintenance and trash pickup.

Last Agent to Sell the Property

Mellissa Hecker

Iron Valley Real Estate Prestige Listed on: 03/28/2025

Iron Valley Real Estate Prestige

Last Buyer's Agent

Ashley Pszczola

Own Real Estate LLC

Own Real Estate LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,696

Year Built

  • Built in 1983

Lot Details

  • 1,655

HOA Fees

  • $215 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 950 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Loft
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • 1 Car Parking Space
  • Assigned Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Storage Shed
  • Back Yard Fenced

Community Details

Overview

  • Community First (757) 333 7675 Association
  • Bayview Park Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,696

Year Built

Built in 1983

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • HOA YN: Yes
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Townhouse
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • LP/ Sq Ft: 215.79
  • Estimated Year Built: 1983
  • Association Legal Name: Chesapeake East Condominium Association
  • Management Company: Community First (757) 333-7675
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Chesapeake
  • Address Street Num Website: 8576
  • Address Website: 8576 Chesapeake BLVD
  • Fees Condo Monthly: 215
  • Fence: Yes
  • Market Time: 28
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Interior Amenities: Cathedral Ceiling
  • Fireplaces Number: 1
  • Flooring Type: Laminate/LVP
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, Loft, PBR with Bath
  • Appliances: Dishwasher, Dryer Hookup, Elec Range, Refrigerator, Washer Hookup
  • Stories Number: 2.0000
  • Estimated Sq Ft: 950

Exterior Features

  • Exterior Features: Storage Shed
  • Exterior Siding: Vinyl
  • Fence Description: Back Fenced
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: 1 Space, Assigned/Reserved

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Waterfront YN: No

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 1696

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
Mar 28, 2025
Closed on
May 22, 2025
Sold by
Landmarc Investments Llc
Bought by
Cromwell Edward
Seller's Agent
Mellissa Hecker
Iron Valley Real Estate Prestige
Buyer's Agent
Ashley Pszczola
Own Real Estate LLC
List Price
$215,000
Sold Price
$209,000
Premium/Discount to List
-$6,000
-2.79%
Views
285
Current Estimated Value
$205,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,359
Avg. Annual Appreciation
-4.40%
Original Mortgage
$213,493
Outstanding Balance
$212,763
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
-$7,122

Purchase Details

Closed on
Mar 11, 2022
Sold by
Rita C Patterson Revocable Trust and Patterson Rita C
Bought by
Landmarc Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.92%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Cromwell Edward $209,000 Fidelity National Title
Landmarc Investments Llc $90,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cromwell Edward $213,493
Previous Owner Landmarc Investments Llc $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2025 05/29/25 Sold $209,000 +2.0% $220 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
04/04/2025 04/04/25 Price Changed $205,000 -4.7% $216 / Sq Ft
03/28/2025 03/28/25 For Sale $215,000 -- $226 / 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
2025 $2,230 $178,400 $25,900 $152,500
2024 $1,696 $137,900 $25,900 $112,000
2023 $1,661 $132,900 $25,900 $107,000
2022 $1,479 $118,300 $19,200 $99,100
2021 $1,203 $96,200 $8,600 $87,600
2020 $1,203 $96,200 $8,600 $87,600
2019 $1,089 $87,100 $8,600 $78,500
2018 $1,023 $81,800 $8,600 $73,200
2017 $941 $81,800 $8,600 $73,200
2016 $1,049 $97,400 $9,000 $88,400
2015 $1,101 $97,400 $9,000 $88,400
2014 $1,101 $97,400 $9,000 $88,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10575645

Real Estate Information Network (REIN)

APN: 45318962