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740 31st St

Norfolk, VA 23508

3 bd 3 ba 1,626 sqft Built 1995 Lot 6,347 sqft single_family
Most recent sale
$187,001
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 24, 2022 Sold $328,000 Public Record
Sep 21, 2022 Listed $325,000 MLS #10457348
Jul 8, 2022 Sold $187,001 Public Record
Jun 19, 2022 Listed $175,000 MLS #10442334
Jan 1, 1999 Sold $87,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $268,900 $78,600 $347,500 $4,274
2024 $268,900 $78,600 $347,500 $4,095
2023 $232,600 $73,500 $306,100 $3,826
2022 $192,900 $61,200 $254,100 $3,176
2021 $168,200 $61,200 $229,400 $2,868
2020 $163,300 $49,700 $213,000 $2,663
2019 $156,800 $45,100 $201,900 $2,524
2018 $147,300 $42,100 $189,400 $2,368
2017 $147,700 $42,100 $189,800 $2,183
2016 $147,700 $42,100 $189,800 $2,183
2015 $150,700 $42,100 $192,800 $2,217
2014 $134,800 $42,100 $176,900 $2,034
2013 $145,600 $42,100 $187,700 $2,159
2012 $145,600 $42,100 $187,700 $2,083
2011 $147,500 $42,100 $189,600 $2,105
2010 $158,800 $42,100 $200,900 $2,230
2009 $158,800 $42,100 $200,900 $2,230

Property facts

Year built
1995
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,626 sqft
Lot size
6,347 sqft
ZIP code
23508
City
Norfolk
Street
31st St
Coordinates
36.87662, -76.29422

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,122
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 740 31st St last sell?
740 31st St most recently sold on Jul 8, 2022 for $187,001.
What is the current tax assessment for 740 31st St?
The most recent total assessment for 740 31st St (year 2025) is $347,500 with $4,274 in property tax.
How does 740 31st St's assessment compare to its last sale price?
The current assessment is 85.8% above the last sale price of $187,001.
When was 740 31st St built?
740 31st St was built in 1995.
How does 740 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 740 31st St?
740 31st St is a 3 bed, 3 bath, 1,626 sqft, 6,347 sqft lot single_family.
Is 740 31st St a flip candidate?
Yes — 740 31st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 740 31st St a tax-appeal candidate?
No — 740 31st St is not currently flagged as a tax-appeal candidate.

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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