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632 Raleigh Ave

Norfolk, VA 23507

1 bd 1 ba 843 sqft Built 1922 Lot 5,248 sqft condo
Most recent sale
$165,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Listed for rent $1,695 TurboTenant
Jan 22, 2024 Price changed for rent $1,695 TurboTenant
Jan 4, 2024 Listed for rent $1,800 TurboTenant
Sep 9, 2022 Sold $165,000 Public Record
Jun 24, 2022 Price changed $170,000 MLS #10436956
May 19, 2022 Listed $180,000 MLS #10436956
Feb 1, 2016 Sold $138,100 Public Record
Dec 22, 2015 Listing removed $139,900 HamptonRoads
Dec 1, 2015 Price changed $139,900 MLS #1535403
Jul 24, 2015 Listed $149,900 MLS #1535403
Sep 19, 1994 Sold $56,000 Public Record
Jan 23, 1992 Sold $55,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $181,100 $23,600 $204,700 $2,517
2024 $181,100 $23,600 $204,700 $2,383
2023 $136,400 $21,900 $158,300 $1,978
2022 $132,500 $21,100 $153,600 $1,920
2021 $119,700 $21,100 $140,800 $1,760
2020 $111,400 $20,200 $131,600 $1,645
2019 $111,400 $20,200 $131,600 $1,645
2018 $111,100 $20,200 $131,300 $1,641
2017 $110,100 $20,200 $130,300 $1,498
2016 $106,500 $20,200 $126,700 $1,457
2015 $106,500 $20,200 $126,700 $1,457
2014 $108,100 $20,200 $128,300 $1,475
2013 $109,300 $20,200 $129,500 $1,489
2012 $129,200 $20,600 $149,800 $1,663
2011 $129,200 $20,600 $149,800 $1,663
2010 $129,800 $20,600 $150,400 $1,669
2009 $143,400 $20,600 $164,000 $1,820

Property facts

Year built
1922
Property type
condo
Stories
1
Beds
1
Baths
1
Living area
843 sqft
Lot size
5,248 sqft
ZIP code
23507
City
Norfolk
Street
Raleigh Ave
Coordinates
36.86202, -76.29874

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
$1,265
Gross rental yield
9.20%
Implied cap rate
5.98%
Trend-extrapolated value

Frequently asked questions

When did 632 Raleigh Ave last sell?
632 Raleigh Ave most recently sold on Sep 9, 2022 for $165,000.
What is the current tax assessment for 632 Raleigh Ave?
The most recent total assessment for 632 Raleigh Ave (year 2025) is $204,700 with $2,517 in property tax.
How does 632 Raleigh Ave's assessment compare to its last sale price?
The current assessment is 24.1% above the last sale price of $165,000.
When was 632 Raleigh Ave built?
632 Raleigh Ave was built in 1922.
How does 632 Raleigh Ave compare to others on Raleigh Ave?
We track 8 other properties on Raleigh Ave. Browse the list under "Other properties on Raleigh Ave" to compare beds, baths, and sale history.
What are the property facts for 632 Raleigh Ave?
632 Raleigh Ave is a 1 bed, 1 bath, 843 sqft, 5,248 sqft lot condo.
Is 632 Raleigh Ave a flip candidate?
No — 632 Raleigh Ave does not appear in our flips dataset.
Is 632 Raleigh Ave a tax-appeal candidate?
Yes — 632 Raleigh 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
-1.2%
Implied 1-yr
-4.6%
2026 Q2
$469.7K
2026 Q3
$463.8K
ZIP 23507 — Median Price History + Forecast

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