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524 Sterling St; Norfolk, VA Property Details

524 Sterling St, Norfolk, VA is a Single Family that was built in 1947. This property is currently Financed and is not for sale. Our records show that 524 Sterling St has 5 bedrooms, and 2 bathrooms, and a total of 1,134 square feet. The lot size of 524 Sterling St is 6,743 square feet.

Off market
524 Sterling St Norfolk, VA 23505
$195,600 Estimated Value
5 Beds
2 Baths
1,134 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1947
  • Purchase Price: $200,000
  • Open Loans / Balance: 1 / $188,834
  • Est. Equity / %: $29,166 / 13.38%
  • Gross Yield: 7.861%
  • APN: 28852200
  • Situs County: Norfolk City
  • Length Of Ownership: 1 year, 1 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Attic: true

Measurements

  • Total: 1,134/SqFt
  • Lot: 6,743/SqFt
  • Attic: 1,134/SqFt
  • Garage: 352/SqFt
  • Living: 1,134/SqFt
  • Building: 1,134/SqFt
  • Price Per Square Foot: $176.37

Legal Description

  • Description: 7 BLK 4 SUSSEX OF NFLK
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: 36.91735 / -76.28454
  • Subdivision: Sussex Norfolk
  • Property Class: Residential
  • Zoning: R7
  • County Use Code: 512

Amenities

  • Plus Four: 2169
  • Cooling: None
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

524 Sterling St has no associated ownership info
524 Sterling St has no associated ownership info.

Taxes

524 Sterling St has 10 associated Taxes items

524 Sterling 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 $195,600. The APN we've located for 524 Sterling St is 28852200.

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Taxes
  • Assessed Value:  $195,600
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  28852200
  • Assessed Land Value:  75000
  • Market Land Value:  75000
  • Tax Amount:  2405.88
  • Tax Year:  2025
  • Market Value:  195600
  • Market Year:  2025

Tax History

524 Sterling St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $195,600 Land Value $75,000 Improvement Value $120,600 Tax Amount $2,405.88 Change Rate +0.047109% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $186,800 Land Value $75,000 Improvement Value $111,800 Tax Amount $2,297.64 Change Rate +0.03613% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $177,400 Land Value $75,000 Improvement Value $102,400 Tax Amount $2,217.52 Change Rate +0.115722% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $159,000 Land Value $62,400 Improvement Value $96,600 Tax Amount $1,987.52 Change Rate +0.13249% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $140,400 Land Value $52,000 Improvement Value $88,400 Tax Amount $1,755 Change Rate +0.064436% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $131,900 Land Value $45,000 Improvement Value $86,900 Tax Amount $1,648.76 Change Rate +0.120599% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $125,900 Land Value $42,900 Improvement Value $83,000 Tax Amount $1,471.32 Change Rate -0.044597% Assessed CR Tax Rate +0.011686%
Year 2018 Assessed Value $123,200 Land Value $42,900 Improvement Value $80,300 Tax Amount $1,540 Change Rate +0.07819% Assessed CR Tax Rate +0.0125%
Year 2017 Assessed Value $124,200 Land Value $42,900 Improvement Value $81,300 Tax Amount $1,428.32 Change Rate +0.018047% Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value $120,500 Land Value $42,900 Improvement Value $77,600 Tax Amount $1,403 Change Rate Assessed CR Tax Rate +0.011643%
Year 2015 Assessed Value $120,500 Land Value $42,900 Improvement Value $77,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $120,500 Land Value $42,900 Improvement Value $77,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,375.4 Change Rate Assessed CR Tax Rate