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1503 Colon Ave; Norfolk, VA Property Details

1503 Colon Ave, Norfolk, VA is a Single Family that was built in 2017. This property is currently Financed and is not for sale. Our records show that 1503 Colon Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 2,064 square feet. The lot size of 1503 Colon Ave is 6,630 square feet.

Off market
1503 Colon Ave Norfolk, VA 23523
$234,900 Listing Price
4 Beds
2.5 Baths
2,064 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2017
  • Purchase Price: $234,900
  • Open Loans / Balance: 1 / $197,318
  • Est. Equity / %: $175,682 / 47.1%
  • Gross Yield: 8.036%
  • APN: 43493010
  • Situs County: Norfolk City
  • Length Of Ownership: 9 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: C-
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Attic: true
  • Patio Type: Patio

Measurements

  • Total: 2,064/SqFt
  • Lot: 6,630/SqFt
  • Attic: 869/SqFt
  • Garage: 300/SqFt
  • Living: 2,064/SqFt
  • Building: 2,064/SqFt
  • Price Per Square Foot: $113.81

Legal Description

  • Description: PARCEL X, BLK B, HOFFHEIMER CO. INC.
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norfolk City Public Schools
  • Lat / Lon: 36.82955 / -76.26418
  • Property Class: Residential
  • County Use Code: 513

Amenities

  • Plus Four: 2107
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 1

Ownership Info

1503 Colon Ave has no associated ownership info
1503 Colon Ave has no associated ownership info.

Taxes

1503 Colon Ave has 10 associated Taxes items

1503 Colon Ave, Norfolk, VA pays taxes in Norfolk City County, VA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $353,000. The APN we've located for 1503 Colon Ave is 43493010.

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Taxes
  • Assessed Value:  $353,000
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  43493010
  • Assessed Land Value:  60900
  • Market Land Value:  60900
  • Tax Amount:  4341.92
  • Tax Year:  2025
  • Market Value:  353000
  • Market Year:  2025

Tax History

1503 Colon Ave has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $353,000 Land Value $60,900 Improvement Value $292,100 Tax Amount $4,341.92 Change Rate +0.05675% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $328,700 Land Value $60,900 Improvement Value $267,800 Tax Amount $4,108.75 Change Rate +0.029112% Assessed CR Tax Rate +0.0125%
Year 2023 Assessed Value $319,400 Land Value $60,900 Improvement Value $258,500 Tax Amount $3,992.52 Change Rate +0.143582% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $279,300 Land Value $43,400 Improvement Value $235,900 Tax Amount $3,491.24 Change Rate +0.067253% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $261,700 Land Value $43,400 Improvement Value $218,300 Tax Amount $3,271.24 Change Rate +0.058654% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $247,200 Land Value $39,400 Improvement Value $207,800 Tax Amount $3,090 Change Rate +0.124917% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $233,100 Land Value $35,700 Improvement Value $197,400 Tax Amount $2,746.87 Change Rate +0.020671% Assessed CR Tax Rate +0.011784%
Year 2018 Assessed Value $215,300 Land Value $35,700 Improvement Value $179,600 Tax Amount $2,691.24 Change Rate +5.555047% Assessed CR Tax Rate +0.0125%
Year 2017 Assessed Value $35,700 Land Value $35,700 Improvement Value Tax Amount $410.56 Change Rate Assessed CR Tax Rate +0.0115%