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524 Pennsylvania Ave

Norfolk, VA 23508

4 bd 2 ba 2,441 sqft Built 1918 Lot 7,926 sqft single_family
Most recent sale
$450,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $450,000 Public Record
Jul 16, 2022 Listed $450,000 MLS #10447186
Jan 1, 1994 Sold $135,000 Public Record
May 24, 1991 Sold $108,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $438,600 $112,200 $550,800 $6,774
2024 $438,600 $112,200 $550,800 $6,356
2023 $348,000 $112,200 $460,200 $5,752
2022 $275,100 $106,800 $381,900 $4,773
2021 $264,600 $106,800 $371,400 $4,643
2020 $266,900 $101,800 $368,700 $4,609
2019 $266,900 $101,800 $368,700 $4,609
2018 $253,700 $96,800 $350,500 $4,381
2017 $248,200 $96,800 $345,000 $3,968
2016 $248,200 $96,800 $345,000 $3,968
2015 $239,200 $96,800 $336,000 $3,864
2014 $221,500 $96,800 $318,300 $3,660
2013 $221,500 $88,000 $309,500 $3,559
2012 $224,700 $88,000 $312,700 $3,471
2011 $235,800 $88,000 $323,800 $3,594
2010 $260,000 $88,000 $348,000 $3,863
2009 $324,500 $88,000 $412,500 $4,579

Property facts

Year built
1918
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,441 sqft
Lot size
7,926 sqft
ZIP code
23508
City
Norfolk
Street
Pennsylvania Ave
Coordinates
36.88373, -76.28814

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
$3,662
Gross rental yield
9.77%
Implied cap rate
6.35%
Trend-extrapolated value

Frequently asked questions

When did 524 Pennsylvania Ave last sell?
524 Pennsylvania Ave most recently sold on Sep 2, 2022 for $450,000.
What is the current tax assessment for 524 Pennsylvania Ave?
The most recent total assessment for 524 Pennsylvania Ave (year 2025) is $550,800 with $6,774 in property tax.
How does 524 Pennsylvania Ave's assessment compare to its last sale price?
The current assessment is 22.4% above the last sale price of $450,000.
When was 524 Pennsylvania Ave built?
524 Pennsylvania Ave was built in 1918.
How does 524 Pennsylvania Ave compare to others on Pennsylvania Ave?
We track 8 other properties on Pennsylvania Ave. Browse the list under "Other properties on Pennsylvania Ave" to compare beds, baths, and sale history.
What are the property facts for 524 Pennsylvania Ave?
524 Pennsylvania Ave is a 4 bed, 2 bath, 2,441 sqft, 7,926 sqft lot single_family.
Is 524 Pennsylvania Ave a flip candidate?
No — 524 Pennsylvania Ave does not appear in our flips dataset.
Is 524 Pennsylvania Ave a tax-appeal candidate?
Yes — 524 Pennsylvania 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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