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716 Forbes St; Norfolk, VA Property Details

716 Forbes St, Norfolk, VA is a Single Family that was built in 1921. This property is currently Financed and is not for sale. Our records show that 716 Forbes St has 2 bedrooms, and 1 bathroom, and a total of 873 square feet. The lot size of 716 Forbes St is 3,947 square feet.

For Rent
716 Forbes St Norfolk, VA 23504
$1,600 Listing Price
2 Beds
1 Baths
873 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1921
  • Purchase Price: $128,500
  • Open Loans / Balance: 2 / $113,648
  • Est. Equity / %: $79,352 / 41.12%
  • Gross Yield: 6.958%
  • APN: 17776600
  • Situs County: Norfolk City
  • Length Of Ownership: 6 years, 4 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 873/SqFt
  • Lot: 3,947/SqFt
  • Living: 873/SqFt
  • Building: 873/SqFt
  • Price Per Square Foot: $147.19

Legal Description

  • Description: 230 30FT 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: 36.84397 / -76.26008
  • Subdivision: Riverside Land
  • Property Class: Residential
  • Zoning: R9
  • County Use Code: 512

Amenities

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

Ownership Info

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

Taxes

716 Forbes St has 10 associated Taxes items

716 Forbes St, 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 $162,600. The APN we've located for 716 Forbes St is 17776600.

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Taxes
  • Assessed Value:  $162,600
  • Assessed Year:  2026
  • Assessed County:  Norfolk City
  • APN:  17776600
  • Assessed Land Value:  36800
  • Market Land Value:  42000
  • Tax Amount:  2000
  • Tax Year:  2025
  • Market Value:  170400
  • Market Year:  2026

Tax History

716 Forbes St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $170,400 Land Value $42,000 Improvement Value $128,400 Tax Amount $2,130 Change Rate +0.065% Assessed CR Tax Rate +0.0125%
Year 2025 Assessed Value $162,600 Land Value $36,800 Improvement Value $125,800 Tax Amount $2,000 Change Rate +0.051083% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $154,700 Land Value $36,800 Improvement Value $117,900 Tax Amount $1,902.8 Change Rate +0.054183% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $144,400 Land Value $36,800 Improvement Value $107,600 Tax Amount $1,805 Change Rate +0.11679% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $129,300 Land Value $24,800 Improvement Value $104,500 Tax Amount $1,616.24 Change Rate +0.092054% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $118,400 Land Value $24,800 Improvement Value $93,600 Tax Amount $1,480 Change Rate +0.101387% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $107,500 Land Value $22,500 Improvement Value $85,000 Tax Amount $1,343.76 Change Rate +0.308891% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $84,500 Land Value $24,800 Improvement Value $59,700 Tax Amount $1,026.64 Change Rate +0.295968% Assessed CR Tax Rate +0.01215%
Year 2018 Assessed Value $84,500 Land Value $24,800 Improvement Value $59,700 Tax Amount $792.18 Change Rate -0.18479% Assessed CR Tax Rate +0.009375%
Year 2017 Assessed Value $84,500 Land Value $24,800 Improvement Value $59,700 Tax Amount $971.75 Change Rate +0.999979% Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value $92,900 Land Value $27,000 Improvement Value $65,900 Tax Amount $485.88 Change Rate Assessed CR Tax Rate +0.00523%
Year 2015 Assessed Value $92,900 Land Value $27,000 Improvement Value $65,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $92,900 Land Value $27,000 Improvement Value $65,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,014.32 Change Rate Assessed CR Tax Rate