431 31st St
Norfolk, VA 23508
2 bd 1 ba 1,089 sqft Built 1915 Lot 16,437 sqft condo
Most recent sale
$158,750
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 31, 2022 | Sold | $158,750 | Public Record |
| Apr 25, 2022 | Listed | $136,000 | MLS #10433089 |
| Aug 1, 2016 | Sold | $67,500 | Public Record |
| Jun 21, 2016 | Listing removed | $85,000 | HamptonRoads |
| May 20, 2016 | Listed | $85,000 | MLS #1624807 |
| May 29, 2015 | Sold | $57,000 | Public Record |
| Dec 20, 2010 | Sold | $55,000 | Public Record |
| Nov 20, 2010 | Listing removed | $65,000 | HamptonRoads |
| Oct 16, 2010 | Price changed | $65,000 | MLS #1021701 |
| Sep 24, 2010 | Price changed | $75,000 | MLS #1021701 |
| Aug 14, 2010 | Price changed | $85,000 | MLS #1021701 |
| Jul 17, 2010 | Price changed | $95,000 | MLS #1021701 |
| Jun 17, 2010 | Price changed | $110,000 | MLS #1021701 |
| May 13, 2010 | Listed | $125,000 | MLS #1021701 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $138,700 | $14,200 | $152,900 | $1,880 |
| 2024 | $138,700 | $14,200 | $152,900 | $1,745 |
| 2023 | $124,600 | $9,800 | $134,400 | $1,680 |
| 2022 | $92,200 | $6,500 | $98,700 | $1,342 |
| 2021 | $75,500 | $6,500 | $82,000 | $1,025 |
| 2020 | $75,500 | $4,900 | $80,400 | $1,005 |
| 2019 | $84,500 | $4,800 | $89,300 | $1,116 |
| 2018 | $75,300 | $4,800 | $80,100 | $1,001 |
| 2017 | $84,600 | $4,800 | $89,400 | $1,028 |
| 2016 | $84,600 | $4,800 | $89,400 | $1,028 |
| 2015 | $101,500 | $4,800 | $106,300 | $1,222 |
| 2014 | $103,300 | $4,800 | $108,100 | $1,243 |
| 2013 | $103,300 | $4,800 | $108,100 | $1,243 |
| 2012 | $103,300 | $4,800 | $108,100 | $1,199 |
| 2011 | $130,500 | $4,800 | $135,300 | $1,501 |
| 2010 | $137,800 | $4,800 | $142,600 | $1,582 |
| 2009 | $146,700 | $4,800 | $151,500 | $1,681 |
Property facts
Year built
1915
Property type
condo
Stories
1
Beds
2
Baths
1
Living area
1,089 sqft
Lot size
16,437 sqft
ZIP code
23508
City
Norfolk
Street
31st St
Coordinates
36.87612, -76.28834
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,634
Gross rental yield
12.35%
Implied cap rate
8.03%
Trend-extrapolated value
—
Frequently asked questions
When did 431 31st St last sell?
431 31st St most recently sold on May 31, 2022 for $158,750.
What is the current tax assessment for 431 31st St?
The most recent total assessment for 431 31st St (year 2025) is $152,900 with $1,880 in property tax.
How does 431 31st St's assessment compare to its last sale price?
The current assessment is 3.7% below the last sale price of $158,750.
When was 431 31st St built?
431 31st St was built in 1915.
How does 431 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 431 31st St?
431 31st St is a 2 bed, 1 bath, 1,089 sqft, 16,437 sqft lot condo.
Is 431 31st St a flip candidate?
No — 431 31st St does not appear in our flips dataset.
Is 431 31st St a tax-appeal candidate?
No — 431 31st St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.4%
Implied 1-yr
+13.4%
2026 Q3
$561.7K
2026 Q4
$577.1K
ZIP 23508 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 31st St