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1116 Little Bay Ave

Norfolk, VA 23503

4 bd 2 ba 1,560 sqft Built 1959 Lot 7,521 sqft multi_family
Most recent sale
$350,000
Jan 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 18, 2024 Listing removed HamptonRoads
Feb 18, 2024 Listed for rent $1,595 HamptonRoads
Jan 19, 2024 Sold $350,000 Public Record
Oct 26, 2022 Sold $238,000 Public Record
Oct 26, 2022 Listing removed HamptonRoads
Oct 9, 2022 Listed $250,000 HamptonRoads
Sep 20, 2019 Sold $185,000 Public Record
Sep 11, 2019 Listing removed HamptonRoads
Jul 6, 2019 Price changed $189,500 HamptonRoads
Jun 4, 2019 Price changed $194,900 HamptonRoads
Mar 22, 2019 Listed $198,500 HamptonRoads
Jul 30, 1991 Sold $60,800 Public Record
Dec 3, 1979 Sold $42,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $238,000 $125,400 $363,400 $4,469
2024 $238,000 $125,400 $363,400 $4,348
2023 $135,000 $125,400 $260,400 $1,627
2022 $120,400 $109,000 $229,400 $2,867
2021 $105,600 $109,000 $214,600 $2,682
2020 $101,200 $109,000 $210,200 $2,627
2019 $92,500 $109,000 $201,500 $2,518
2018 $89,900 $109,000 $198,900 $2,486
2017 $86,800 $104,000 $190,800 $2,194
2016 $86,800 $104,000 $190,800 $2,194
2015 $82,600 $104,000 $186,600 $2,145
2014 $76,200 $104,000 $180,200 $2,072
2013 $61,000 $104,000 $165,000 $1,897
2012 $61,700 $104,000 $165,700 $1,839
2011 $61,700 $116,000 $177,700 $1,972
2010 $64,700 $143,000 $207,700 $2,305
2009 $107,900 $143,000 $250,900 $2,785

Property facts

Year built
1959
Property type
multi_family
Stories
1
Beds
4
Baths
2
Living area
1,560 sqft
Lot size
7,521 sqft
ZIP code
23503
City
Norfolk
Street
Little Bay Ave
Coordinates
36.96643, -76.28235

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,340
Gross rental yield
8.02%
Implied cap rate
5.21%
Trend-extrapolated value

Frequently asked questions

When did 1116 Little Bay Ave last sell?
1116 Little Bay Ave most recently sold on Jan 19, 2024 for $350,000.
What is the current tax assessment for 1116 Little Bay Ave?
The most recent total assessment for 1116 Little Bay Ave (year 2025) is $363,400 with $4,469 in property tax.
How does 1116 Little Bay Ave's assessment compare to its last sale price?
The current assessment is 3.8% above the last sale price of $350,000.
When was 1116 Little Bay Ave built?
1116 Little Bay Ave was built in 1959.
How does 1116 Little Bay Ave compare to others on Little Bay Ave?
We track 8 other properties on Little Bay Ave. Browse the list under "Other properties on Little Bay Ave" to compare beds, baths, and sale history.
What are the property facts for 1116 Little Bay Ave?
1116 Little Bay Ave is a 4 bed, 2 bath, 1,560 sqft, 7,521 sqft lot multi_family.
Is 1116 Little Bay Ave a flip candidate?
Yes — 1116 Little Bay Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1116 Little Bay Ave a tax-appeal candidate?
No — 1116 Little Bay Ave 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
-7.6%
Implied 1-yr
-30.5%
2026 Q3
$262.5K
2026 Q4
$262.5K
ZIP 23503 — Median Price History + Forecast

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