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861 48th St; Norfolk, VA Property Details

861 48th St, Norfolk, VA is a Duplex 2 Units that was built in 1978. This property is currently Financed and is not for sale. Our records show that 861 48th St has 10 bedrooms, and 6 bathrooms, and a total of 4,692 square feet. The lot size of 861 48th St is 5,994 square feet.

Off market
861 48th St Norfolk, VA 23508
$500,000 Listing Price
10 Beds
6 Baths
4,692 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1978
  • Purchase Price: $500,000
  • Open Loans / Balance: 1 / $508,093
  • Est. Equity / %: $123,907 / 19.61%
  • APN: 40833110
  • Situs County: Norfolk City
  • Length Of Ownership: 2 years, 6 months

Rooms

  • Bedrooms: 10
  • Bathrooms: 6
  • Full Bathrooms: 6
  • Total Rooms: 21

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C-
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Attic: true
  • Deck: true

Measurements

  • Total: 4,692/SqFt
  • Lot: 5,994/SqFt
  • Attic: 2,986/SqFt
  • Gross: 4,692/SqFt
  • Living: 3,412/SqFt
  • Building: 4,692/SqFt
  • Price Per Square Foot: $106.56

Legal Description

  • Description: 7 & 8 BLK 275
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norfolk City Public Schools
  • Lat / Lon: 36.886997 / -76.29781
  • Subdivision: West Hlnd Corp
  • Property Class: Residential
  • Zoning: R8
  • County Use Code: 520

Amenities

  • Plus Four: 2015
  • Cooling: Central
  • Heating: Central

Ownership Info

861 48th St has no associated ownership info
861 48th St has no associated ownership info.

Taxes

861 48th St has 10 associated Taxes items

861 48th 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 $481,200. The APN we've located for 861 48th St is 40833110.

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Taxes
  • Assessed Value:  $481,200
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  40833110
  • Assessed Land Value:  86000
  • Market Land Value:  86000
  • Tax Amount:  6015
  • Tax Year:  2025
  • Market Value:  481200
  • Market Year:  2025

Tax History

861 48th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $481,200 Land Value $86,000 Improvement Value $395,200 Tax Amount $6,015 Change Rate +0.080001% Assessed CR Tax Rate +0.0125%
Year 2024 Assessed Value $452,800 Land Value $86,000 Improvement Value $366,800 Tax Amount $5,569.44 Change Rate +0.163937% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $382,800 Land Value $86,000 Improvement Value $296,800 Tax Amount $4,785 Change Rate +0.039368% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $368,300 Land Value $71,500 Improvement Value $296,800 Tax Amount $4,603.76 Change Rate +0.147349% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $321,000 Land Value $67,500 Improvement Value $253,500 Tax Amount $4,012.52 Change Rate +0.055582% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $304,100 Land Value $58,500 Improvement Value $245,600 Tax Amount $3,801.24 Change Rate +0.099412% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $297,000 Land Value $58,500 Improvement Value $238,500 Tax Amount $3,457.52 Change Rate -0.029474% Assessed CR Tax Rate +0.011641%
Year 2018 Assessed Value $285,000 Land Value $58,500 Improvement Value $226,500 Tax Amount $3,562.52 Change Rate +0.086956% Assessed CR Tax Rate +0.0125%
Year 2017 Assessed Value $285,000 Land Value $58,500 Improvement Value $226,500 Tax Amount $3,277.52 Change Rate Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value $285,400 Land Value $58,500 Improvement Value $226,900 Tax Amount $3,277.52 Change Rate Assessed CR Tax Rate +0.011484%
Year 2015 Assessed Value $285,400 Land Value $58,500 Improvement Value $226,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $285,400 Land Value $58,500 Improvement Value $226,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $3,282.12 Change Rate Assessed CR Tax Rate