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706 Forbes St; Norfolk, VA Property Details

706 Forbes St, Norfolk, VA is a Single Family that was built in 1907. This property is currently Financed and is for sale. Our records show that 706 Forbes St has 3 bedrooms, and 2 bathrooms, and a total of 1,130 square feet. The lot size of 706 Forbes St is 3,929 square feet.

On Market for 204 days
706 Forbes St Norfolk, VA 23504
$169,900 Listing Price
3 Beds
2 Baths
1,130 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1907
  • Purchase Price: $145,000
  • Open Loans / Balance: 1 / $129,377
  • Est. Equity / %: $48,623 / 27.32%
  • Gross Yield: 8.687%
  • APN: 19297004
  • Situs County: Norfolk City
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

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
  • Attic: true
  • Deck: true

Measurements

  • Total: 1,130/SqFt
  • Lot: 3,929/SqFt
  • Attic: 976/SqFt
  • Living: 1,130/SqFt
  • Building: 1,130/SqFt
  • Price Per Square Foot: $128.32

Legal Description

  • Description: LOT 240, RIVERSIDE LAND CO
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: 36.84355 / -76.26007
  • Subdivision: Riverside Land Company
  • Property Class: Residential
  • Zoning: R9
  • County Use Code: 510

Amenities

  • Plus Four: 4410
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Heat Pump

Ownership Info

706 Forbes St has no associated ownership info
706 Forbes St has no associated ownership info.

Taxes

706 Forbes St has 10 associated Taxes items

706 Forbes 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 $175,000. The APN we've located for 706 Forbes St is 19297004.

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Taxes
  • Assessed Value:  $175,000
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  19297004
  • Assessed Land Value:  36800
  • Market Land Value:  36800
  • Tax Amount:  2152.52
  • Tax Year:  2025
  • Market Value:  175000
  • Market Year:  2025

Tax History

706 Forbes St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $175,000 Land Value $36,800 Improvement Value $138,200 Tax Amount $2,152.52 Change Rate +0.066428% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $164,100 Land Value $36,800 Improvement Value $127,300 Tax Amount $2,018.44 Change Rate +0.056089% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $152,900 Land Value $36,800 Improvement Value $116,100 Tax Amount $1,911.24 Change Rate +0.220273% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $125,300 Land Value $24,800 Improvement Value $100,500 Tax Amount $1,566.24 Change Rate +0.075537% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $116,500 Land Value $24,800 Improvement Value $91,700 Tax Amount $1,456.24 Change Rate +0.100079% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $105,900 Land Value $22,500 Improvement Value $83,400 Tax Amount $1,323.76 Change Rate +0.091743% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $108,200 Land Value $24,800 Improvement Value $83,400 Tax Amount $1,212.52 Change Rate -0.023138% Assessed CR Tax Rate +0.011206%
Year 2018 Assessed Value $99,300 Land Value $24,800 Improvement Value $74,500 Tax Amount $1,241.24 Change Rate +0.075039% Assessed CR Tax Rate +0.0125%
Year 2017 Assessed Value $100,400 Land Value $24,800 Improvement Value $75,600 Tax Amount $1,154.6 Change Rate +0.046933% Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value $104,000 Land Value $27,000 Improvement Value $77,000 Tax Amount $1,102.84 Change Rate Assessed CR Tax Rate +0.010604%
Year 2015 Assessed Value $104,000 Land Value $27,000 Improvement Value $77,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $104,000 Land Value $27,000 Improvement Value $77,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,144.24 Change Rate Assessed CR Tax Rate