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720 Georgia Ave

Norfolk, VA 23508

3 bd 3 ba 2,052 sqft Built 1995 Lot 5,868 sqft single_family
Most recent sale
$375,000
Aug 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2022 Sold $375,000 Public Record
Jul 7, 2022 Price changed $375,000 MLS #10437738
May 22, 2022 Listed $410,000 MLS #10437738
Jan 18, 2021 Listed for rent $2,495 HamptonRoads
Jan 17, 2021 Listed for rent $2,495 AppfolioUnits
Jul 24, 1995 Sold $125,900 Public Record
Dec 22, 1989 Sold $42,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $394,000 $85,000 $479,000 $5,891
2024 $394,000 $85,000 $479,000 $5,467
2023 $309,800 $85,000 $394,800 $4,935
2022 $275,300 $80,900 $356,200 $4,452
2021 $262,200 $80,900 $343,100 $4,289
2020 $264,500 $77,000 $341,500 $4,268
2019 $264,500 $69,500 $334,000 $4,175
2018 $245,900 $66,000 $311,900 $3,898
2017 $240,300 $66,000 $306,300 $3,522
2016 $240,300 $66,000 $306,300 $3,522
2015 $231,800 $66,000 $297,800 $3,424
2014 $219,800 $66,000 $285,800 $3,286
2013 $219,800 $60,000 $279,800 $3,217
2012 $219,700 $60,000 $279,700 $3,104
2011 $233,100 $60,000 $293,100 $3,253
2010 $249,100 $60,000 $309,100 $3,431
2009 $309,900 $60,000 $369,900 $4,105

Property facts

Year built
1995
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,052 sqft
Lot size
5,868 sqft
ZIP code
23508
City
Norfolk
Street
Georgia Ave
Coordinates
36.88167, -76.29334

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,078
Gross rental yield
9.85%
Implied cap rate
6.40%
Trend-extrapolated value

Frequently asked questions

When did 720 Georgia Ave last sell?
720 Georgia Ave most recently sold on Aug 30, 2022 for $375,000.
What is the current tax assessment for 720 Georgia Ave?
The most recent total assessment for 720 Georgia Ave (year 2025) is $479,000 with $5,891 in property tax.
How does 720 Georgia Ave's assessment compare to its last sale price?
The current assessment is 27.7% above the last sale price of $375,000.
When was 720 Georgia Ave built?
720 Georgia Ave was built in 1995.
How does 720 Georgia Ave compare to others on Georgia Ave?
We track 5 other properties on Georgia Ave. Browse the list under "Other properties on Georgia Ave" to compare beds, baths, and sale history.
What are the property facts for 720 Georgia Ave?
720 Georgia Ave is a 3 bed, 3 bath, 2,052 sqft, 5,868 sqft lot single_family.
Is 720 Georgia Ave a flip candidate?
No — 720 Georgia Ave does not appear in our flips dataset.
Is 720 Georgia Ave a tax-appeal candidate?
Yes — 720 Georgia Ave 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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