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408 31st St

Norfolk, VA 23508

3 bd 3 ba 1,631 sqft Built 1920 Lot 2,625 sqft single_family
Most recent sale
$224,900
Jan 26, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 11, 2024 Price changed for rent $2,195 TenantTurner
Sep 9, 2024 Listed for rent $2,300 TenantTurner
Nov 18, 2022 Sold $249,900 Public Record
Oct 7, 2022 Price changed $249,900 MLS #10457114
Sep 18, 2022 Listed $259,000 MLS #10457114
Jan 26, 2021 Sold $224,900 Public Record
Dec 7, 2020 Price changed $224,900 MLS #10352462
Dec 4, 2020 Listed $229,900 MLS #10352462
Aug 16, 2017 Sold $195,000 Public Record
Jun 22, 2017 Listing removed $199,000 HamptonRoads
May 1, 2017 Price changed $199,000 MLS #10108830
Feb 8, 2017 Listed $215,000 MLS #10108830
Sep 1, 2016 Sold $80,000 Public Record
Jul 27, 2016 Listing removed $89,900 HamptonRoads
Jul 20, 2016 Price changed $89,900 MLS #1618574
Jun 9, 2016 Price changed $96,900 MLS #1618574
Apr 15, 2016 Listed $104,900 MLS #1618574
Jul 3, 2007 Sold $189,000 Public Record
Jun 13, 2006 Sold $179,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $255,800 $33,100 $288,900 $3,553
2024 $255,800 $33,100 $288,900 $3,444
2023 $225,100 $31,000 $256,100 $3,201
2022 $213,300 $25,700 $239,000 $2,987
2021 $190,600 $25,700 $216,300 $2,704
2020 $184,900 $21,000 $205,900 $2,574
2019 $177,300 $18,900 $196,200 $2,453
2018 $167,000 $17,300 $184,300 $2,304
2017 $162,100 $17,300 $179,400 $2,063
2016 $135,100 $17,300 $152,400 $1,753
2015 $138,000 $17,300 $155,300 $1,786
2014 $121,100 $17,300 $138,400 $1,592
2013 $132,600 $17,300 $149,900 $1,724
2012 $132,600 $17,300 $149,900 $1,664
2011 $134,000 $17,300 $151,300 $1,679
2010 $142,900 $17,300 $160,200 $1,778
2009 $142,900 $17,300 $160,200 $1,778

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,631 sqft
Lot size
2,625 sqft
ZIP code
23508
City
Norfolk
Street
31st St
Coordinates
36.87623, -76.28713

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,447
Gross rental yield
13.06%
Implied cap rate
8.49%
Trend-extrapolated value

Frequently asked questions

When did 408 31st St last sell?
408 31st St most recently sold on Jan 26, 2021 for $224,900.
What is the current tax assessment for 408 31st St?
The most recent total assessment for 408 31st St (year 2025) is $288,900 with $3,553 in property tax.
How does 408 31st St's assessment compare to its last sale price?
The current assessment is 28.5% above the last sale price of $224,900.
When was 408 31st St built?
408 31st St was built in 1920.
How does 408 31st St compare to others on 31st St?
We track 8 other properties on 31st St. Browse the list under "Other properties on 31st St" to compare beds, baths, and sale history.
What are the property facts for 408 31st St?
408 31st St is a 3 bed, 3 bath, 1,631 sqft, 2,625 sqft lot single_family.
Is 408 31st St a flip candidate?
No — 408 31st St does not appear in our flips dataset.
Is 408 31st St a tax-appeal candidate?
Yes — 408 31st St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.4%
Implied 1-yr
+13.4%
2026 Q3
$561.7K
2026 Q4
$577.1K
ZIP 23508 — Median Price History + Forecast

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