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406 Carolina Ave; Norfolk, VA Property Details

406 Carolina Ave, Norfolk, VA is a Single Family that was built in 2024. This property is currently Financed and is not for sale. Our records show that 406 Carolina Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 1,914 square feet. The lot size of 406 Carolina Ave is 2,875 square feet.

Off market
406 Carolina Ave Norfolk, VA 23508
$484,800 Listing Price
3 Beds
2.5 Baths
1,914 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2024
  • Purchase Price: $484,800
  • Open Loans / Balance: 1 / $467,756
  • Est. Equity / %: $43,244 / 8.46%
  • Gross Yield: 7.949%
  • APN: 76756816
  • Situs County: Norfolk City
  • Length Of Ownership: 1 year, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Building Quality: B
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Attic: true

Measurements

  • Total: 1,914/SqFt
  • Lot: 2,875/SqFt
  • Attic: 748/SqFt
  • Garage: 418/SqFt
  • Living: 1,914/SqFt
  • Building: 1,914/SqFt
  • Price Per Square Foot: $253.29

Legal Description

  • Description: PARCEL F, BLK 45, COLONIAL PLACE
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Norfolk City Public Schools
  • Lat / Lon: 36.880848 / -76.2857
  • Subdivision: Colonial Place Sd
  • Property Class: Residential
  • County Use Code: 511

Amenities

  • Plus Four: 2953
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

406 Carolina Ave has no associated ownership info
406 Carolina Ave has no associated ownership info.

Taxes

406 Carolina Ave has 10 associated Taxes items

406 Carolina 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 $469,200. The APN we've located for 406 Carolina Ave is 76756816.

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Taxes
  • Assessed Value:  $469,200
  • Assessed Year:  2026
  • Assessed County:  Norfolk City
  • APN:  76756816
  • Assessed Land Value:  44000
  • Market Land Value:  44000
  • Tax Amount:  5865
  • Tax Year:  2026
  • Market Value:  469200
  • Market Year:  2026

Tax History

406 Carolina Ave has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $469,200 Land Value $44,000 Improvement Value $425,200 Tax Amount $5,865 Change Rate +0.025881% Assessed CR Tax Rate +0.0125%
Year 2025 Assessed Value $464,800 Land Value $42,000 Improvement Value $422,800 Tax Amount $5,717.04 Change Rate +0.064874% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $429,500 Land Value $42,000 Improvement Value $387,500 Tax Amount $5,368.75 Change Rate +9.22619% Assessed CR Tax Rate +0.0125%
Year 2023 Assessed Value $42,000 Land Value $42,000 Improvement Value Tax Amount $525 Change Rate +0.05% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $40,000 Land Value $40,000 Improvement Value Tax Amount $500 Change Rate Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $40,000 Land Value $40,000 Improvement Value Tax Amount $500 Change Rate Assessed CR Tax Rate +0.0125%