1040 Spotswood Ave
Norfolk, VA 23507
2 bd 2 ba 1,051 sqft Built 1989 Lot 12,796 sqft condo
Most recent sale
$235,000
Jun 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 1, 2022 | Sold | $235,000 | Public Record |
| May 9, 2022 | Listed | $235,000 | MLS #10435706 |
| Dec 4, 2020 | Sold | $206,000 | Public Record |
| Oct 8, 2020 | Price changed | $199,500 | MLS #10342734 |
| Sep 25, 2020 | Listed | $205,000 | MLS #10342734 |
| Jan 26, 2016 | Sold | $186,200 | Public Record |
| Dec 23, 2015 | Listing removed | $189,000 | HamptonRoads |
| Nov 30, 2015 | Listed | $189,000 | MLS #1554265 |
| Sep 20, 2012 | Sold | $182,500 | Public Record |
| Jul 25, 2012 | Listing removed | $189,900 | HamptonRoads |
| May 5, 2012 | Listed | $189,900 | MLS #1217443 |
| Apr 2, 1993 | Sold | $88,600 | Public Record |
| Nov 2, 1989 | Sold | $92,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $214,500 | $42,000 | $256,500 | $3,154 |
| 2024 | $214,500 | $42,000 | $256,500 | $2,878 |
| 2023 | $181,400 | $42,000 | $223,400 | $2,792 |
| 2022 | $172,400 | $38,900 | $211,300 | $2,691 |
| 2021 | $157,500 | $38,900 | $196,400 | $2,455 |
| 2020 | $157,500 | $29,400 | $186,900 | $2,336 |
| 2019 | $157,500 | $29,400 | $186,900 | $2,336 |
| 2018 | $153,600 | $29,400 | $183,000 | $2,287 |
| 2017 | $153,600 | $29,400 | $183,000 | $2,104 |
| 2016 | $153,600 | $29,400 | $183,000 | $2,104 |
| 2015 | $153,600 | $29,400 | $183,000 | $2,104 |
| 2014 | $151,200 | $29,400 | $180,600 | $2,076 |
| 2013 | $151,200 | $29,400 | $180,600 | $2,076 |
| 2012 | $164,200 | $29,400 | $193,600 | $2,148 |
| 2011 | $174,700 | $29,400 | $204,100 | $2,265 |
| 2010 | $175,600 | $29,400 | $205,000 | $2,275 |
| 2009 | $175,600 | $29,400 | $205,000 | $2,275 |
Property facts
Year built
1989
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,051 sqft
Lot size
12,796 sqft
ZIP code
23507
City
Norfolk
Street
Spotswood Ave
Coordinates
36.86960, -76.30278
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,577
Gross rental yield
8.05%
Implied cap rate
5.23%
Trend-extrapolated value
—
Frequently asked questions
When did 1040 Spotswood Ave last sell?
1040 Spotswood Ave most recently sold on Jun 1, 2022 for $235,000.
What is the current tax assessment for 1040 Spotswood Ave?
The most recent total assessment for 1040 Spotswood Ave (year 2025) is $256,500 with $3,154 in property tax.
How does 1040 Spotswood Ave's assessment compare to its last sale price?
The current assessment is 9.1% above the last sale price of $235,000.
When was 1040 Spotswood Ave built?
1040 Spotswood Ave was built in 1989.
How does 1040 Spotswood Ave compare to others on Spotswood Ave?
We track 8 other properties on Spotswood Ave. Browse the list under "Other properties on Spotswood Ave" to compare beds, baths, and sale history.
What are the property facts for 1040 Spotswood Ave?
1040 Spotswood Ave is a 2 bed, 2 bath, 1,051 sqft, 12,796 sqft lot condo.
Is 1040 Spotswood Ave a flip candidate?
No — 1040 Spotswood Ave does not appear in our flips dataset.
Is 1040 Spotswood Ave a tax-appeal candidate?
No — 1040 Spotswood Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.2%
Implied 1-yr
-4.6%
2026 Q2
$469.7K
2026 Q3
$463.8K
ZIP 23507 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Spotswood Ave