Great for Investors. Everything was re-modeled from floors to appliances in 2018. Outdoor dining patio area. And front door patio area great for grilling. Rain or shine the patio area has a roof. About 10 minutes from Norfolk Naval base and 15 to 20 minutes from Little Creek Base. Kitchen has granite counter tops. Stainless steel appliances. One master bedroom with a private bathroom. And three bed rooms with one shared bathroom. Garage attached to the house and a carport. All rooms, kitchen are on the first floor no second level. Currently four Tenants residing on a 30 days month to month rental. Washer, refrigerator, dishwasher and dryer included. Huge fenced backyard. Outdoor shed and garage available for storage. Hvac, water heater and appliances is about four years old. Please give atleast 1 day notice to view the house. Furniture included. Roof, hvac, appliances, siding was installed in 2018. The driveway can fit two cars or three vehicles. Buyer will cover closing costs.
Sold for $300,000
$300,000
516 Marchant Rd, Norfolk, VA 23505
4beds
1,300sqft
SingleFamily
Built in 1941
7,405 Square Feet Lot
$337,900 Zestimate®
$231/sqft
$2,273 Estimated rent
Home value
$337,900
$321,000 - $355,000
$2,273/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat pump
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor, Washer
Features
- Scuttle Access, Bar, Fireplace Wood
- Flooring: Tile, Carpet, Hardwood
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,300 sqft
Property
Parking
- Parking features: Carport, Garage - Attached, Garage - Detached, Off-street, On-street
Features
- Exterior features: Other, Vinyl, Wood
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 44072800
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Conventional
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1941
Community & HOA
Location
- Region: Norfolk
Financial & listing details
- Price per square foot: $231/sqft
- Tax assessed value: $298,200
- Annual tax amount: $3,668
- Ownership type: Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2023 | Sold | $300,000$231/sqft |
Source: Public Record Report a problem | ||
| 8/7/2023 | Contingent | $300,000$231/sqft |
Source:  REIN Inc. #10493560 Report a problem | ||
| 7/6/2023 | Listed for sale | $300,000-3.2%$231/sqft |
Source: REIN Inc. #10493560 Report a problem | ||
| 7/5/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/8/2023 | Listed for sale | $310,000-6.1%$238/sqft |
Source: Owner Report a problem | ||
| 5/8/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/3/2022 | Price change | $329,999-8.3%$254/sqft |
Source: Owner Report a problem | ||
| 11/16/2022 | Listed for sale | $359,999+75.7%$277/sqft |
Source: Owner Report a problem | ||
| 5/10/2018 | Sold | $204,900$158/sqft |
Source: Public Record Report a problem | ||
| 3/15/2018 | Listed for sale | $204,900+141.1%$158/sqft |
Source: STIJ Realty Inc. #10181090 Report a problem | ||
| 10/26/2017 | Sold | $85,000-22.7%$65/sqft |
Source: Public Record Report a problem | ||
| 10/6/2017 | Listed for sale | $110,000$85/sqft |
Source: Judy Boone Realty Inc. #10155993 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,668 +5.3% | $298,200 +5.3% |
| 2024 | $3,482 +15.6% | $283,100 +17.5% |
| 2023 | $3,011 +10.9% | $240,900 +10.9% |
| 2022 | $2,715 +9.3% | $217,200 +9.3% |
| 2021 | $2,485 +2.6% | $198,800 +2.6% |
| 2020 | $2,423 | $193,800 |
| 2019 | $2,423 +2.8% | $193,800 +2.8% |
| 2018 | $2,356 +42.9% | $188,500 +24.8% |
| 2017 | $1,649 | $151,100 +14% |
| 2016 | $1,649 +9% | $132,500 |
| 2015 | $1,512 | $132,500 |
| 2014 | $1,512 | $132,500 |
| 2013 | -- | $132,500 |
| 2012 | -- | $132,500 -4.9% |
| 2011 | -- | $139,400 -7.4% |
| 2010 | -- | $150,500 -2.5% |
| 2009 | -- | $154,400 +1.6% |
| 2008 | -- | $151,900 +3.3% |
| 2007 | -- | $147,000 +23.7% |
| 2006 | -- | $118,800 +30.1% |
| 2005 | -- | $91,300 +11.9% |
| 2004 | -- | $81,600 +12.9% |
| 2003 | -- | $72,300 +5.1% |
| 2002 | -- | $68,800 |
| 2001 | -- | $68,800 +4.1% |
| 2000 | -- | $66,110 |
Find assessor info on the county website
Neighborhood: Oakdale Farms
Nearby homes
- $445,6004 bd3 ba2.4k sqft512 Marchant Rd, Norfolk, VA 23505Off Market
- $445,4004 bd3 ba2.2k sqft520 Marchant Rd, Norfolk, VA 23505Off Market
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- $195,8003 bd1 ba832 sqft519 Marchant Rd, Norfolk, VA 23505Off Market
Nearby schools
GreatSchools rating
- 4/10Crossroads SchoolGrades: PK-8Distance: 0.4 mi
- 2/10Granby High SchoolGrades: 9-12Distance: 1.5 mi
- 1/10Norview Middle SchoolGrades: 6-8Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Crossroads Elementary
- Middle: Norview Middle
- High: Granby
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Virginia
- Norfolk City
- Norfolk
- 23505
- Oakdale Farms
- 516 Marchant Rd
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