Taxes
- Assessed Value: $406,800
- Assessed Year: 2026
- Assessed County: Norfolk City
- APN: 61609502
- Assessed Land Value: 54100
- Market Land Value: 54100
- Tax Amount: 5085
- Tax Year: 2026
- Market Value: 406800
- Market Year: 2026
1518 Nelms Ave; Norfolk, VA Property Details
Off market
1518 Nelms Ave Norfolk, VA 23502
$415,000 Listing Price
4 Beds
2.5 Baths
2,261 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 2017
- Open Loans / Balance: 2 / $733,245
- Est. Equity / %: $-309,245 / -72.94%
- Gross Yield: 7.758%
- APN: 61609502
- Situs County: Norfolk City
- Length Of Ownership: 1 year
Rooms
- Bedrooms: 4
- Bathrooms: 2.5
- Full Bathrooms: 2
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 2
- Exterior Wall Type: Siding (Alum/Vinyl)
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Condition: Good
- Building Quality: C+
- Roof Type: Gable
- Roof Cover Type: Composition Shingle
- Patio Type: Patio
Measurements
- Total: 2,261/SqFt
- Lot: 5,519/SqFt
- Garage: 408/SqFt
- Living: 2,261/SqFt
- Building: 2,261/SqFt
Legal Description
- Description: LOT 14, BLK 7, FOX HALL RES PK
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: 36.87202 / -76.22344
- Subdivision: Fox Hall Res Park
- Property Class: Residential
- County Use Code: 513
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1713
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Heat Pump
- Parking: 2
Ownership Info
1518 Nelms Ave has no associated ownership info
1518 Nelms Ave has no associated ownership info.
Taxes
1518 Nelms Ave has 10 associated Taxes items
1518 Nelms Ave, Norfolk, VA pays taxes in Norfolk City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $406,800. The APN we've located for 1518 Nelms Ave is 61609502.
Unlock the full reportTax History
1518 Nelms Ave has 10 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $406,800 | Land Value $54,100 | Improvement Value $352,700 | Tax Amount $5,085 | Change Rate +0.034832% | Assessed CR | Tax Rate +0.0125% |
| Year 2025 | Assessed Value $399,500 | Land Value $54,100 | Improvement Value $345,400 | Tax Amount $4,913.84 | Change Rate +0.112348% | Assessed CR | Tax Rate +0.0123% |
| Year 2024 | Assessed Value $339,500 | Land Value $54,100 | Improvement Value $285,400 | Tax Amount $4,417.54 | Change Rate +0.118014% | Assessed CR | Tax Rate +0.013012% |
| Year 2023 | Assessed Value $316,100 | Land Value $50,500 | Improvement Value $265,600 | Tax Amount $3,951.24 | Change Rate +0.029301% | Assessed CR | Tax Rate +0.0125% |
| Year 2022 | Assessed Value $307,100 | Land Value $46,300 | Improvement Value $260,800 | Tax Amount $3,838.76 | Change Rate +0.106666% | Assessed CR | Tax Rate +0.0125% |
| Year 2021 | Assessed Value $277,500 | Land Value $40,300 | Improvement Value $237,200 | Tax Amount $3,468.76 | Change Rate +0.018725% | Assessed CR | Tax Rate +0.0125% |
| Year 2020 | Assessed Value $272,400 | Land Value $35,200 | Improvement Value $237,200 | Tax Amount $3,405 | Change Rate +0.149732% | Assessed CR | Tax Rate +0.0125% |
| Year 2019 | Assessed Value $249,000 | Land Value $30,600 | Improvement Value $218,400 | Tax Amount $2,961.56 | Change Rate +0.017285% | Assessed CR | Tax Rate +0.011894% |
| Year 2018 | Assessed Value $232,900 | Land Value $30,600 | Improvement Value $202,300 | Tax Amount $2,911.24 | Change Rate +7.272448% | Assessed CR | Tax Rate +0.0125% |
| Year 2017 | Assessed Value $30,600 | Land Value $30,600 | Improvement Value | Tax Amount $351.92 | Change Rate | Assessed CR | Tax Rate +0.011501% |