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7040 University Dr; Norfolk, VA Property Details

7040 University Dr, Norfolk, VA is a Single Family that was built in 1953. This property is not for sale. Our records show that 7040 University Dr has 3 bedrooms, and 1 bathroom, and a total of 1,139 square feet. The lot size of 7040 University Dr is 5,972 square feet.

Off market
7040 University Dr Norfolk, VA 23513
$194,500 Estimated Value
3 Beds
1 Baths
1,139 SqFt
Property Type
Single Family
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Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1953
  • Open Loans / Balance: 1 / $85,667
  • Est. Equity / %: $146,333 / 63.07%
  • Gross Yield: 7.717%
  • APN: 13224850
  • Situs County: Norfolk City

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: C-
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,139/SqFt
  • Lot: 5,972/SqFt
  • Living: 1,139/SqFt
  • Building: 1,139/SqFt

Legal Description

  • Description: 2 BLK H CHES MANOR GARDENS SEC 1
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: 36.906235 / -76.2472
  • Property Class: Residential
  • Zoning: R7
  • County Use Code: 510

Amenities

  • Plus Four: 2935
  • Cooling: Central
  • Heating: Central

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

7040 University Dr has no associated ownership info
7040 University Dr has no associated ownership info.

Taxes

7040 University Dr has 10 associated Taxes items

7040 University Dr, 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 $194,500. The APN we've located for 7040 University Dr is 13224850.

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Taxes
  • Assessed Value:  $194,500
  • Assessed Year:  2026
  • Assessed County:  Norfolk City
  • APN:  13224850
  • Assessed Land Value:  79200
  • Market Land Value:  79200
  • Tax Amount:  2431.25
  • Tax Year:  2026
  • Market Value:  194500
  • Market Year:  2026

Tax History

7040 University Dr has 14 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $194,500 Land Value $79,200 Improvement Value $115,300 Tax Amount $2,431.25 Change Rate +0.087243% Assessed CR Tax Rate +0.0125%
Year 2025 Assessed Value $181,800 Land Value $68,800 Improvement Value $113,000 Tax Amount $2,236.16 Change Rate -0.012489% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $184,100 Land Value $68,800 Improvement Value $115,300 Tax Amount $2,264.44 Change Rate +0.063117% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $170,400 Land Value $68,800 Improvement Value $101,600 Tax Amount $2,130 Change Rate +0.134475% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $150,200 Land Value $48,600 Improvement Value $101,600 Tax Amount $1,877.52 Change Rate +0.183629% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $126,900 Land Value $40,500 Improvement Value $86,400 Tax Amount $1,586.24 Change Rate +0.057493% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $120,000 Land Value $35,200 Improvement Value $84,800 Tax Amount $1,500 Change Rate +0.075878% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $118,400 Land Value $35,200 Improvement Value $83,200 Tax Amount $1,394.21 Change Rate -0.053181% Assessed CR Tax Rate +0.011775%
Year 2018 Assessed Value $117,800 Land Value $35,200 Improvement Value $82,600 Tax Amount $1,472.52 Change Rate +0.106692% Assessed CR Tax Rate +0.0125%
Year 2017 Assessed Value $115,700 Land Value $35,200 Improvement Value $80,500 Tax Amount $1,330.56 Change Rate Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value $113,500 Land Value $35,200 Improvement Value $78,300 Tax Amount $1,330.56 Change Rate Assessed CR Tax Rate +0.011723%
Year 2015 Assessed Value $113,500 Land Value $35,200 Improvement Value $78,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $113,500 Land Value $35,200 Improvement Value $78,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,294.92 Change Rate Assessed CR Tax Rate
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