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867 Little Bay Ave

Norfolk, VA 23503

2 bd 2 ba 1,029 sqft Built 1988 condo
Most recent sale
$225,000
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 7, 2024 Listed for rent $1,700 AppfolioUnits
Feb 5, 2024 Listed for rent $1,700 HamptonRoads
May 13, 2022 Sold $225,000 Public Record
Apr 18, 2022 Listed $225,000 MLS #10432048
Dec 8, 2021 Sold $190,000 Public Record
Dec 21, 2018 Sold $135,000 Public Record
Dec 14, 2018 Listing removed $145,000 HamptonRoads
Sep 24, 2018 Listed $145,000 MLS #10222109
May 22, 2017 Listing removed $1,095 HamptonRoads
May 3, 2017 Price changed for rent $1,095 HamptonRoads
Feb 15, 2017 Listed for rent $1,195 HamptonRoads
Jun 2, 2006 Sold $229,500 Public Record
Aug 1, 2003 Sold $124,900 Public Record
Apr 29, 1998 Sold $77,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $156,200 $53,500 $209,700 $2,579
2024 $156,200 $53,500 $209,700 $2,528
2023 $133,900 $53,500 $187,400 $2,342
2022 $128,300 $48,400 $176,700 $2,208
2021 $100,500 $45,300 $145,800 $1,823
2020 $82,600 $39,100 $121,700 $1,521
2019 $79,600 $39,100 $118,700 $1,483
2018 $75,300 $39,100 $114,400 $1,430
2017 $76,100 $39,100 $115,200 $1,324
2016 $76,100 $39,100 $115,200 $1,324
2015 $87,700 $39,100 $126,800 $1,458
2014 $113,900 $39,100 $153,000 $1,759
2013 $115,100 $39,100 $154,200 $1,773
2012 $128,900 $39,500 $168,400 $1,869
2011 $149,400 $43,900 $193,300 $2,145
2010 $174,700 $43,900 $218,600 $2,426
2009 $194,200 $43,900 $238,100 $2,642

Property facts

Year built
1988
Property type
condo
Stories
2
Beds
2
Baths
2
Living area
1,029 sqft
Lot size
ZIP code
23503
City
Norfolk
Street
Little Bay Ave
Coordinates
36.96445, -76.27571

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,544
Gross rental yield
8.23%
Implied cap rate
5.35%
Trend-extrapolated value

Frequently asked questions

When did 867 Little Bay Ave last sell?
867 Little Bay Ave most recently sold on May 13, 2022 for $225,000.
What is the current tax assessment for 867 Little Bay Ave?
The most recent total assessment for 867 Little Bay Ave (year 2025) is $209,700 with $2,579 in property tax.
How does 867 Little Bay Ave's assessment compare to its last sale price?
The current assessment is 6.8% below the last sale price of $225,000.
When was 867 Little Bay Ave built?
867 Little Bay Ave was built in 1988.
How does 867 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 867 Little Bay Ave?
867 Little Bay Ave is a 2 bed, 2 bath, 1,029 sqft condo.
Is 867 Little Bay Ave a flip candidate?
No — 867 Little Bay Ave does not appear in our flips dataset.
Is 867 Little Bay Ave a tax-appeal candidate?
No — 867 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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