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424 E Gilpin Ave; Norfolk, VA Property Details

424 E Gilpin Ave, Norfolk, VA is a Single Family that was built in 2022. This property is currently Financed and is not for sale. Our records show that 424 E Gilpin Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 2,362 square feet. The lot size of 424 E Gilpin Ave is 5,101 square feet.

Off market
424 E Gilpin Ave Norfolk, VA 23503
$434,900 Listing Price
4 Beds
2.5 Baths
2,362 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2022
  • Purchase Price: $434,900
  • Est. Equity / %: $500,000 / 100%
  • Gross Yield: 7.764%
  • APN: 01537900
  • Situs County: Norfolk City
  • Length Of Ownership: 3 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 5
  • 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: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Attic: true

Measurements

  • Total: 2,362/SqFt
  • Lot: 5,101/SqFt
  • Attic: 1,007/SqFt
  • Garage: 408/SqFt
  • Living: 2,362/SqFt
  • Building: 2,362/SqFt
  • Price Per Square Foot: $184.12

Legal Description

  • Description: 14 BLK 2 DECATUR PARK
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: 36.943546 / -76.25213
  • Subdivision: Rsbd Stephen Decatur Park
  • Property Class: Residential
  • Zoning: R8
  • County Use Code: 513

Amenities

  • Plus Four: 3510
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

424 E Gilpin Ave has no associated ownership info
424 E Gilpin Ave has no associated ownership info.

Taxes

424 E Gilpin Ave has 10 associated Taxes items

424 E Gilpin 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 $445,700. The APN we've located for 424 E Gilpin Ave is 01537900.

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Taxes
  • Assessed Value:  $445,700
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  01537900
  • Assessed Land Value:  91000
  • Market Land Value:  91000
  • Tax Amount:  5482.12
  • Tax Year:  2025
  • Market Value:  445700
  • Market Year:  2025

Tax History

424 E Gilpin Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $445,700 Land Value $91,000 Improvement Value $354,700 Tax Amount $5,482.12 Change Rate +0.039895% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $428,600 Land Value $91,000 Improvement Value $337,600 Tax Amount $5,271.8 Change Rate +0.100585% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $383,200 Land Value $91,000 Improvement Value $292,200 Tax Amount $4,790 Change Rate +0.770376% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $73,000 Land Value $73,000 Improvement Value Tax Amount $2,705.64 Change Rate +0.598587% Assessed CR Tax Rate +0.037064%
Year 2021 Assessed Value $135,400 Land Value $66,400 Improvement Value $69,000 Tax Amount $1,692.52 Change Rate +0.076311% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $125,800 Land Value $57,500 Improvement Value $68,300 Tax Amount $1,572.52 Change Rate +0.160814% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $115,700 Land Value $50,000 Improvement Value $65,700 Tax Amount $1,354.67 Change Rate +0.031658% Assessed CR Tax Rate +0.011708%
Year 2018 Assessed Value $113,000 Land Value $50,000 Improvement Value $63,000 Tax Amount $1,313.1 Change Rate +0.025891% Assessed CR Tax Rate +0.01162%
Year 2017 Assessed Value $111,300 Land Value $50,000 Improvement Value $61,300 Tax Amount $1,279.96 Change Rate Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value $113,100 Land Value $50,000 Improvement Value $63,100 Tax Amount $1,279.96 Change Rate Assessed CR Tax Rate +0.011317%
Year 2015 Assessed Value $113,100 Land Value $50,000 Improvement Value $63,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $113,100 Land Value $50,000 Improvement Value $63,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,291.44 Change Rate Assessed CR Tax Rate