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509 Craig St; Norfolk, VA Property Details

509 Craig St, Norfolk, VA is a Single Family that was built in 1956. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 509 Craig St has 4 bedrooms, and 3 bathrooms, and a total of 1,994 square feet. The lot size of 509 Craig St is 7,597 square feet.

Off market
509 Craig St Norfolk, VA 23523
$294,000 Listing Price
4 Beds
3 Baths
1,994 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1956
  • Purchase Price: $236,250
  • Open Loans / Balance: 1 / $236,000
  • Est. Equity / %: $102,000 / 30.18%
  • Gross Yield: 5.705%
  • APN: 50000884
  • Situs County: Norfolk City
  • Length Of Ownership: 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 1
  • 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: Asphalt
  • Deck: true

Measurements

  • Total: 1,994/SqFt
  • Lot: 7,597/SqFt
  • Living: 1,994/SqFt
  • Building: 1,994/SqFt
  • Price Per Square Foot: $118.48

Legal Description

  • Description: PARCEL 821-B
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: 36.82995 / -76.276405
  • Subdivision: Nash Land
  • Property Class: Residential
  • Zoning: 08
  • County Use Code: 510

Amenities

  • Plus Four: 1609
  • Cooling: Central
  • Heating: Heat Pump

Ownership Info

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

Taxes

509 Craig St has 10 associated Taxes items

509 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 $345,400. The APN we've located for 509 Craig St is 50000884.

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Taxes
  • Assessed Value:  $345,400
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  50000884
  • Assessed Land Value:  79200
  • Market Land Value:  79200
  • Tax Amount:  4248.44
  • Tax Year:  2025
  • Market Value:  345400
  • Market Year:  2025

Tax History

509 Craig St has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $345,400 Land Value $79,200 Improvement Value $266,200 Tax Amount $4,248.44 Change Rate +0.027981% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $336,000 Land Value $79,200 Improvement Value $256,800 Tax Amount $4,132.8 Change Rate +0.102809% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $299,800 Land Value $79,200 Improvement Value $220,600 Tax Amount $3,747.52 Change Rate +0.147786% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $261,200 Land Value $54,600 Improvement Value $206,600 Tax Amount $3,265 Change Rate +0.133681% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $230,400 Land Value $47,500 Improvement Value $182,900 Tax Amount $2,880 Change Rate +0.289843% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $163,400 Land Value $43,200 Improvement Value $120,200 Tax Amount $2,232.83 Change Rate +0.124489% Assessed CR Tax Rate +0.013665%
Year 2019 Assessed Value $158,400 Land Value $43,200 Improvement Value $115,200 Tax Amount $1,985.64 Change Rate -0.000946% Assessed CR Tax Rate +0.012536%
Year 2018 Assessed Value $159,000 Land Value $43,200 Improvement Value $115,800 Tax Amount $1,987.52 Change Rate +0.055104% Assessed CR Tax Rate +0.0125%
Year 2017 Assessed Value $163,800 Land Value $43,200 Improvement Value $120,600 Tax Amount $1,883.72 Change Rate Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,883.72 Change Rate Assessed CR Tax Rate