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508 38th St; Norfolk, VA Property Details

508 38th St, Norfolk, VA is a Single Family that was built in 1910. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 508 38th St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,638 square feet. The lot size of 508 38th St is 4,522 square feet.

Off market
508 38th St Norfolk, VA 23508
$310,500 Estimated Value
3 Beds
1.5 Baths
1,638 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1910
  • Purchase Price: $71,000
  • Open Loans / Balance: 3 / $163,156
  • Est. Equity / %: $136,844 / 45.61%
  • Gross Yield: 8.788%
  • APN: 22750600
  • Situs County: Norfolk City
  • Length Of Ownership: 11 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: B-
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Attic: true

Measurements

  • Total: 1,638/SqFt
  • Lot: 4,522/SqFt
  • Attic: 745/SqFt
  • Living: 1,638/SqFt
  • Building: 1,638/SqFt
  • Price Per Square Foot: $43.35

Legal Description

  • Description: 5 & 10 FT 4 BLK 52 125 FT JIB
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: 36.880463 / -76.28946
  • Subdivision: Colonial Place
  • Property Class: Residential
  • Zoning: R8
  • County Use Code: 513

Amenities

  • Plus Four: 3123
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Hot Water

HOA

  • H O A One Type: Home Owner Association

Ownership Info

508 38th St has no associated ownership info
508 38th St has no associated ownership info.

Taxes

508 38th St has 10 associated Taxes items

508 38th 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 $310,500. The APN we've located for 508 38th St is 22750600.

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Taxes
  • Assessed Value:  $310,500
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  22750600
  • Assessed Land Value:  51500
  • Market Land Value:  51500
  • Tax Amount:  3819.16
  • Tax Year:  2025
  • Market Value:  310500
  • Market Year:  2025

Tax History

508 38th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $310,500 Land Value $51,500 Improvement Value $259,000 Tax Amount $3,819.16 Change Rate +0.076256% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $288,500 Land Value $51,500 Improvement Value $237,000 Tax Amount $3,548.56 Change Rate +0.112401% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $255,200 Land Value $51,500 Improvement Value $203,700 Tax Amount $3,190 Change Rate +0.009494% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $252,800 Land Value $49,100 Improvement Value $203,700 Tax Amount $3,160 Change Rate +0.047662% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $241,300 Land Value $49,100 Improvement Value $192,200 Tax Amount $3,016.24 Change Rate +0.002486% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $240,700 Land Value $46,800 Improvement Value $193,900 Tax Amount $3,008.76 Change Rate +0.140888% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $234,300 Land Value $40,400 Improvement Value $193,900 Tax Amount $2,637.21 Change Rate -0.064819% Assessed CR Tax Rate +0.011256%
Year 2018 Assessed Value $219,200 Land Value $38,600 Improvement Value $180,600 Tax Amount $2,820 Change Rate +0.139486% Assessed CR Tax Rate +0.012865%
Year 2017 Assessed Value $215,200 Land Value $38,600 Improvement Value $176,600 Tax Amount $2,474.8 Change Rate Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value $191,200 Land Value $35,100 Improvement Value $156,100 Tax Amount $2,474.8 Change Rate Assessed CR Tax Rate +0.012944%
Year 2015 Assessed Value $191,200 Land Value $35,100 Improvement Value $156,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $191,200 Land Value $35,100 Improvement Value $156,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $2,198.8 Change Rate Assessed CR Tax Rate