Large Location Icon

971 Philpotts Rd; Norfolk, VA Property Details

971 Philpotts Rd, Norfolk, VA is a Single Family that was built in 2017. This property is currently Cash Purchase,New Construction and is not for sale. Our records show that 971 Philpotts Rd has 4 bedrooms, and 2.5 bathrooms, and a total of 2,442 square feet. The lot size of 971 Philpotts Rd is 9,509 square feet.

Off market
971 Philpotts Rd Norfolk, VA 23513
$264,900 Listing Price
4 Beds
2.5 Baths
2,442 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2017
  • Purchase Price: $264,900
  • Open Loans / Balance: 1 / $229,284
  • Est. Equity / %: $228,716 / 49.94%
  • Gross Yield: 8.539%
  • APN: 35484132
  • Situs County: Norfolk City
  • Length Of Ownership: 8 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Patio Type: Patio

Measurements

  • Total: 2,442/SqFt
  • Lot: 9,509/SqFt
  • Garage: 246/SqFt
  • Living: 2,442/SqFt
  • Building: 2,442/SqFt
  • Price Per Square Foot: $108.48

Legal Description

  • Description: LOT 15A, PROPERTY MARKET INC.
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: 36.898663 / -76.24715
  • Subdivision: Property Market Inc
  • Property Class: Residential
  • County Use Code: 513

Amenities

  • Plus Four: 3155
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 1

Ownership Info

971 Philpotts Rd has no associated ownership info
971 Philpotts Rd has no associated ownership info.

Taxes

971 Philpotts Rd has 10 associated Taxes items

971 Philpotts Rd, 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 $428,800. The APN we've located for 971 Philpotts Rd is 35484132.

Unlock the full report
Taxes
  • Assessed Value:  $428,800
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  35484132
  • Assessed Land Value:  97900
  • Market Land Value:  97900
  • Tax Amount:  5274.24
  • Tax Year:  2025
  • Market Value:  428800
  • Market Year:  2025

Tax History

971 Philpotts Rd has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $428,800 Land Value $97,900 Improvement Value $330,900 Tax Amount $5,274.24 Change Rate +0.052524% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $407,400 Land Value $97,900 Improvement Value $309,500 Tax Amount $5,011.04 Change Rate +0.06646% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $375,900 Land Value $97,900 Improvement Value $278,000 Tax Amount $4,698.76 Change Rate +0.064272% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $353,200 Land Value $75,200 Improvement Value $278,000 Tax Amount $4,415 Change Rate +0.132051% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $312,000 Land Value $62,700 Improvement Value $249,300 Tax Amount $3,900 Change Rate Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $312,000 Land Value $62,700 Improvement Value $249,300 Tax Amount $3,900 Change Rate +0.116781% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $286,800 Land Value $56,700 Improvement Value $230,100 Tax Amount $3,492.18 Change Rate +0.008939% Assessed CR Tax Rate +0.012176%
Year 2018 Assessed Value $276,900 Land Value $56,700 Improvement Value $220,200 Tax Amount $3,461.24 Change Rate Assessed CR Tax Rate +0.0125%