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7402 Major Ave; Norfolk, VA Property Details

7402 Major Ave, Norfolk, VA is a Single Family that was built in 1918. This property is currently a cash purchase and is not for sale. Our records show that 7402 Major Ave has 2 bedrooms, and 1 bathroom, and a total of 1,025 square feet. The lot size of 7402 Major Ave is 3,602 square feet.

Off market
7402 Major Ave Norfolk, VA 23505
$164,900 Estimated Value
2 Beds
1 Baths
1,025 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1918
  • Purchase Price: $1,000
  • Est. Equity / %: $252,000 / 100%
  • Gross Yield: 10.419%
  • APN: 00940214
  • Situs County: Norfolk City
  • Length Of Ownership: 14 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Asbestos shingle
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,025/SqFt
  • Lot: 3,602/SqFt
  • Garage: 466/SqFt
  • Living: 1,025/SqFt
  • Building: 1,025/SqFt
  • Price Per Square Foot: $0.98

Legal Description

  • Description: LOT D, BLK 16, RIVERFRONT
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: 36.91195 / -76.29953
  • Subdivision: Riverfront
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Plus Four: 3022
  • Cooling: None
  • Garage: Detached Garage
  • Heating: Hot Water
  • Parking: 2

Ownership Info

7402 Major Ave has no associated ownership info
7402 Major Ave has no associated ownership info.

Taxes

7402 Major Ave has 10 associated Taxes items

7402 Major Ave, 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 $164,900. The APN we've located for 7402 Major Ave is 00940214.

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Taxes
  • Assessed Value:  $164,900
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  00940214
  • Assessed Land Value:  63500
  • Market Land Value:  63500
  • Tax Amount:  2028.28
  • Tax Year:  2025
  • Market Value:  164900
  • Market Year:  2025

Tax History

7402 Major Ave has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $164,900 Land Value $63,500 Improvement Value $101,400 Tax Amount $2,028.28 Change Rate -0.013751% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $167,200 Land Value $63,500 Improvement Value $103,700 Tax Amount $2,056.56 Change Rate +0.094637% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $150,300 Land Value $57,500 Improvement Value $92,800 Tax Amount $1,878.76 Change Rate +0.069763% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $140,500 Land Value $55,000 Improvement Value $85,500 Tax Amount $1,756.24 Change Rate +0.086621% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $129,300 Land Value $50,000 Improvement Value $79,300 Tax Amount $1,616.24 Change Rate +0.044407% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $123,800 Land Value $44,500 Improvement Value $79,300 Tax Amount $1,547.52 Change Rate +0.075735% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $123,800 Land Value $44,500 Improvement Value $79,300 Tax Amount $1,438.57 Change Rate +0.033173% Assessed CR Tax Rate +0.01162%
Year 2018 Assessed Value $118,500 Land Value $44,500 Improvement Value $74,000 Tax Amount $1,392.38 Change Rate +0.021735% Assessed CR Tax Rate +0.01175%
Year 2017 Assessed Value $118,500 Land Value $44,500 Improvement Value $74,000 Tax Amount $1,362.76 Change Rate Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,362.76 Change Rate +0.015439% Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,342.04 Change Rate Assessed CR Tax Rate