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525 Draper Dr; Norfolk, VA Property Details

525 Draper Dr, Norfolk, VA is a Single Family that was built in 2018. This property is currently Financed and is not for sale. Our records show that 525 Draper Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,216 square feet. The lot size of 525 Draper Dr is 8,930 square feet.

Off market
525 Draper Dr Norfolk, VA 23505
$431,000 Listing Price
4 Beds
2.5 Baths
2,216 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2018
  • Purchase Price: $431,000
  • Open Loans / Balance: 1 / $321,494
  • Est. Equity / %: $132,506 / 29.19%
  • Gross Yield: 7.377%
  • APN: 48940800
  • Situs County: Norfolk City
  • Length Of Ownership: 11 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: Plaster
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Attic: true
  • Patio Type: Patio

Measurements

  • Total: 2,216/SqFt
  • Lot: 8,930/SqFt
  • Attic: 964/SqFt
  • Garage: 400/SqFt
  • Living: 2,216/SqFt
  • Building: 2,216/SqFt
  • Price Per Square Foot: $194.49

Legal Description

  • Description: 717 OAKDALE FARMS SEC C
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: 36.91517 / -76.25739
  • Subdivision: Oakdale Farms
  • Property Class: Residential
  • Zoning: MHP
  • County Use Code: 513

Amenities

  • Plus Four: 3603
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

525 Draper Dr has no associated ownership info
525 Draper Dr has no associated ownership info.

Taxes

525 Draper Dr has 10 associated Taxes items

525 Draper Dr, 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 $389,600. The APN we've located for 525 Draper Dr is 48940800.

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Taxes
  • Assessed Value:  $389,600
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  48940800
  • Assessed Land Value:  78500
  • Market Land Value:  78500
  • Tax Amount:  4870
  • Tax Year:  2025
  • Market Value:  389600
  • Market Year:  2025

Tax History

525 Draper Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $389,600 Land Value $78,500 Improvement Value $311,100 Tax Amount $4,870 Change Rate -0.007136% Assessed CR Tax Rate +0.0125%
Year 2024 Assessed Value $392,400 Land Value $78,500 Improvement Value $313,900 Tax Amount $4,905 Change Rate +0.053989% Assessed CR Tax Rate +0.0125%
Year 2023 Assessed Value $372,300 Land Value $78,500 Improvement Value $293,800 Tax Amount $4,653.75 Change Rate +0.112007% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $334,800 Land Value $65,600 Improvement Value $269,200 Tax Amount $4,185 Change Rate +0.147355% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $291,800 Land Value $52,500 Improvement Value $239,300 Tax Amount $3,647.52 Change Rate +0.033655% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $282,300 Land Value $51,000 Improvement Value $231,300 Tax Amount $3,528.76 Change Rate +1.111374% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $272,800 Land Value $46,000 Improvement Value $226,800 Tax Amount $1,671.31 Change Rate +0.501883% Assessed CR Tax Rate +0.006127%
Year 2018 Assessed Value $46,000 Land Value $46,000 Improvement Value Tax Amount $1,112.81 Change Rate -0.17577% Assessed CR Tax Rate +0.024192%
Year 2017 Assessed Value $117,400 Land Value $46,000 Improvement Value $71,400 Tax Amount $1,350.12 Change Rate Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value $122,600 Land Value $46,000 Improvement Value $76,600 Tax Amount $1,350.12 Change Rate Assessed CR Tax Rate +0.011012%
Year 2015 Assessed Value $122,600 Land Value $46,000 Improvement Value $76,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $122,600 Land Value $46,000 Improvement Value $76,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,409.92 Change Rate Assessed CR Tax Rate