5407 Powhatan Ave
Norfolk, VA 23508
5 bd 2 ba 2,223 sqft Built 1951 Lot 10,472 sqft single_family
Most recent sale
$395,000
Jun 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 24, 2022 | Sold | $395,000 | Public Record |
| May 6, 2022 | Listed | $425,000 | MLS #10434165 |
| Jan 24, 1973 | Sold | $39,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $218,000 | $247,500 | $465,500 | $5,725 |
| 2024 | $218,000 | $247,500 | $465,500 | $5,703 |
| 2023 | $204,400 | $247,500 | $451,900 | $5,648 |
| 2022 | $226,800 | $225,000 | $451,800 | $5,647 |
| 2021 | $203,300 | $225,000 | $428,300 | $5,354 |
| 2020 | $203,300 | $225,000 | $428,300 | $5,353 |
| 2019 | $197,000 | $225,000 | $422,000 | $5,275 |
| 2018 | $194,200 | $247,500 | $441,700 | $5,521 |
| 2017 | $192,700 | $225,000 | $417,700 | $4,803 |
| 2016 | $186,800 | $225,000 | $411,800 | $4,735 |
| 2015 | $167,000 | $225,000 | $392,000 | $4,508 |
| 2014 | $171,500 | $225,000 | $396,500 | $4,559 |
| 2013 | $163,300 | $225,000 | $388,300 | $4,465 |
| 2012 | $165,300 | $225,000 | $390,300 | $4,332 |
| 2011 | $173,600 | $225,000 | $398,600 | $4,424 |
| 2010 | $183,200 | $240,000 | $423,200 | $4,697 |
| 2009 | $213,800 | $240,000 | $453,800 | $5,037 |
Property facts
Year built
1951
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
2,223 sqft
Lot size
10,472 sqft
ZIP code
23508
City
Norfolk
Street
Powhatan Ave
Coordinates
36.89355, -76.31287
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,335
Gross rental yield
10.13%
Implied cap rate
6.59%
Trend-extrapolated value
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Frequently asked questions
When did 5407 Powhatan Ave last sell?
5407 Powhatan Ave most recently sold on Jun 24, 2022 for $395,000.
What is the current tax assessment for 5407 Powhatan Ave?
The most recent total assessment for 5407 Powhatan Ave (year 2025) is $465,500 with $5,725 in property tax.
How does 5407 Powhatan Ave's assessment compare to its last sale price?
The current assessment is 17.8% above the last sale price of $395,000.
When was 5407 Powhatan Ave built?
5407 Powhatan Ave was built in 1951.
How does 5407 Powhatan Ave compare to others on Powhatan Ave?
We track 8 other properties on Powhatan Ave. Browse the list under "Other properties on Powhatan Ave" to compare beds, baths, and sale history.
What are the property facts for 5407 Powhatan Ave?
5407 Powhatan Ave is a 5 bed, 2 bath, 2,223 sqft, 10,472 sqft lot single_family.
Is 5407 Powhatan Ave a flip candidate?
No — 5407 Powhatan Ave does not appear in our flips dataset.
Is 5407 Powhatan Ave a tax-appeal candidate?
Yes — 5407 Powhatan 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 valuationQuarterly trend
+3.4%
Implied 1-yr
+13.4%
2026 Q3
$561.7K
2026 Q4
$577.1K
ZIP 23508 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Powhatan Ave