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508 Georgia Ave; Norfolk, VA Property Details

508 Georgia Ave, Norfolk, VA is a Single Family that was built in 1953. This property is currently Financed and is not for sale. Our records show that 508 Georgia Ave has 3 bedrooms, and 1 bathroom, and a total of 1,464 square feet. The lot size of 508 Georgia Ave is 4,278 square feet.

Off market
508 Georgia Ave Norfolk, VA 23508
$360,000 Listing Price
3 Beds
1 Baths
1,464 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1953
  • Purchase Price: $360,000
  • Open Loans / Balance: 1 / $300,446
  • Est. Equity / %: $51,554 / 14.65%
  • Gross Yield: 8.86%
  • APN: 19530600
  • Situs County: Norfolk City
  • Length Of Ownership: 2 years, 2 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood Shingle
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: B-
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Attic: true

Measurements

  • Total: 1,464/SqFt
  • Lot: 4,278/SqFt
  • Attic: 732/SqFt
  • Garage: 720/SqFt
  • Living: 1,464/SqFt
  • Building: 1,464/SqFt
  • Price Per Square Foot: $245.90

Legal Description

  • Description: 38 & E 1/2-37 BLK 48 COLONIAL PL
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: 36.880684 / -76.28881
  • Subdivision: Colonial Place
  • Property Class: Residential
  • Zoning: R8
  • County Use Code: 513

Amenities

  • Plus Four: 2910
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 3

Ownership Info

508 Georgia Ave has no associated ownership info
508 Georgia Ave has no associated ownership info.

Taxes

508 Georgia Ave has 10 associated Taxes items

508 Georgia 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 $307,500. The APN we've located for 508 Georgia Ave is 19530600.

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Taxes
  • Assessed Value:  $307,500
  • Assessed Year:  2026
  • Assessed County:  Norfolk City
  • APN:  19530600
  • Assessed Land Value:  65000
  • Market Land Value:  68500
  • Tax Amount:  3782.24
  • Tax Year:  2025
  • Market Value:  311000
  • Market Year:  2026

Tax History

508 Georgia Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $311,000 Land Value $68,500 Improvement Value $242,500 Tax Amount $3,887.5 Change Rate +0.02783% Assessed CR Tax Rate +0.0125%
Year 2025 Assessed Value $307,500 Land Value $65,000 Improvement Value $242,500 Tax Amount $3,782.24 Change Rate +0.072173% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $286,800 Land Value $65,000 Improvement Value $221,800 Tax Amount $3,527.64 Change Rate +0.098529% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $256,900 Land Value $65,000 Improvement Value $191,900 Tax Amount $3,211.24 Change Rate +0.009824% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $254,400 Land Value $62,500 Improvement Value $191,900 Tax Amount $3,180 Change Rate +0.067114% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $238,400 Land Value $62,500 Improvement Value $175,900 Tax Amount $2,980 Change Rate +0.006757% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $236,800 Land Value $59,500 Improvement Value $177,300 Tax Amount $2,960 Change Rate +0.114395% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $229,300 Land Value $52,000 Improvement Value $177,300 Tax Amount $2,656.15 Change Rate -0.054334% Assessed CR Tax Rate +0.011584%
Year 2018 Assessed Value $224,700 Land Value $49,500 Improvement Value $175,200 Tax Amount $2,808.76 Change Rate +0.10515% Assessed CR Tax Rate +0.0125%
Year 2017 Assessed Value $221,000 Land Value $49,500 Improvement Value $171,500 Tax Amount $2,541.52 Change Rate Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value $201,800 Land Value $45,000 Improvement Value $156,800 Tax Amount $2,541.52 Change Rate Assessed CR Tax Rate +0.012594%
Year 2015 Assessed Value $201,800 Land Value $45,000 Improvement Value $156,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $201,800 Land Value $45,000 Improvement Value $156,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $2,300 Change Rate Assessed CR Tax Rate