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503 Craig St; Norfolk, VA Property Details

503 Craig St, Norfolk, VA is a Single Family that was built in 2020. This property is currently Financed,New Construction and is not for sale. Our records show that 503 Craig St has 4 bedrooms, and 2.5 bathrooms, and a total of 2,166 square feet. The lot size of 503 Craig St is 8,124 square feet.

Off market
503 Craig St Norfolk, VA 23523
$405,200 Estimated Value
4 Beds
2.5 Baths
2,166 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2020
  • Purchase Price: $234,400
  • Open Loans / Balance: 3 / $243,873
  • Est. Equity / %: $129,127 / 34.62%
  • Gross Yield: 7.535%
  • APN: 50000885
  • Situs County: Norfolk City
  • Length Of Ownership: 5 years, 2 months

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: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Attic: true

Measurements

  • Total: 2,166/SqFt
  • Lot: 8,124/SqFt
  • Attic: 1,083/SqFt
  • Garage: 280/SqFt
  • Living: 2,166/SqFt
  • Building: 2,166/SqFt
  • Price Per Square Foot: $108.22

Legal Description

  • Description: PARCEL 821-A
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: 36.83008 / -76.27621
  • Subdivision: The Nasa Land Sd
  • Property Class: Residential
  • County Use Code: 513

Amenities

  • Plus Four: 1620
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Heat Pump
  • Parking: 1

Ownership Info

503 Craig St has no associated ownership info
503 Craig St has no associated ownership info.

Taxes

503 Craig St has 10 associated Taxes items

503 Craig St, 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 $405,200. The APN we've located for 503 Craig St is 50000885.

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Taxes
  • Assessed Value:  $405,200
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  50000885
  • Assessed Land Value:  82500
  • Market Land Value:  82500
  • Tax Amount:  4983.96
  • Tax Year:  2025
  • Market Value:  405200
  • Market Year:  2025

Tax History

503 Craig St has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $405,200 Land Value $82,500 Improvement Value $322,700 Tax Amount $4,983.96 Change Rate +0.03658% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $390,900 Land Value $82,500 Improvement Value $308,400 Tax Amount $4,808.08 Change Rate +0.104666% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $348,200 Land Value $82,500 Improvement Value $265,700 Tax Amount $4,352.52 Change Rate +0.122501% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $310,200 Land Value $56,900 Improvement Value $253,300 Tax Amount $3,877.52 Change Rate +0.123515% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $276,100 Land Value $49,500 Improvement Value $226,600 Tax Amount $3,451.24 Change Rate Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $45,000 Land Value $45,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $46,800 Land Value $46,800 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $46,800 Land Value $46,800 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $46,800 Land Value $46,800 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate