231 Balview Ave
Norfolk, VA 23503
4 bd 2 ba 2,153 sqft Built 1925 Lot 7,761 sqft multi_family
Most recent sale
$343,000
Jun 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 17, 2025 | Listed for rent | $1,499 | AppfolioUnits |
| Jun 23, 2022 | Sold | $343,000 | Public Record |
| May 12, 2022 | Listed | $339,000 | MLS #10435966 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $232,400 | $106,900 | $339,300 | $4,173 |
| 2024 | $232,400 | $106,900 | $339,300 | $4,167 |
| 2023 | $216,500 | $106,900 | $323,400 | $4,042 |
| 2022 | $179,800 | $93,000 | $272,800 | $3,664 |
| 2021 | $154,500 | $83,800 | $238,300 | $2,979 |
| 2020 | $148,500 | $81,300 | $229,800 | $2,873 |
| 2019 | $142,100 | $81,300 | $223,400 | $2,793 |
| 2018 | $114,200 | $81,300 | $195,500 | $2,444 |
| 2017 | $111,600 | $81,300 | $192,900 | $2,218 |
| 2016 | $111,600 | $81,300 | $192,900 | $2,218 |
| 2015 | $108,000 | $81,300 | $189,300 | $2,177 |
| 2014 | $102,000 | $81,300 | $183,300 | $2,108 |
| 2013 | $102,000 | $81,300 | $183,300 | $1,168 |
| 2012 | $108,000 | $81,300 | $189,300 | $2,101 |
| 2011 | $108,000 | $90,000 | $198,000 | $2,198 |
| 2010 | $108,000 | $90,000 | $198,000 | $2,198 |
| 2009 | $120,000 | $90,000 | $210,000 | $2,331 |
Property facts
Year built
1925
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
2,153 sqft
Lot size
7,761 sqft
ZIP code
23503
City
Norfolk
Street
Balview Ave
Coordinates
36.95475, -76.25677
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,230
Gross rental yield
11.30%
Implied cap rate
7.35%
Trend-extrapolated value
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Frequently asked questions
When did 231 Balview Ave last sell?
231 Balview Ave most recently sold on Jun 23, 2022 for $343,000.
What is the current tax assessment for 231 Balview Ave?
The most recent total assessment for 231 Balview Ave (year 2025) is $339,300 with $4,173 in property tax.
How does 231 Balview Ave's assessment compare to its last sale price?
The current assessment is 1.1% below the last sale price of $343,000.
When was 231 Balview Ave built?
231 Balview Ave was built in 1925.
How does 231 Balview Ave compare to others on Balview Ave?
We track 8 other properties on Balview Ave. Browse the list under "Other properties on Balview Ave" to compare beds, baths, and sale history.
What are the property facts for 231 Balview Ave?
231 Balview Ave is a 4 bed, 2 bath, 2,153 sqft, 7,761 sqft lot multi_family.
Is 231 Balview Ave a flip candidate?
No — 231 Balview Ave does not appear in our flips dataset.
Is 231 Balview Ave a tax-appeal candidate?
No — 231 Balview Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-7.6%
Implied 1-yr
-30.5%
2026 Q3
$262.5K
2026 Q4
$262.5K
ZIP 23503 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Balview Ave