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2531 West Azalea Point Rd

Norfolk, VA 23518

5 bd 5 ba 3,450 sqft Built 1990 Lot 15,400 sqft single_family
Most recent sale
$520,000
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2022 Sold $520,000 Public Record
Apr 11, 2022 Price changed $525,000 MLS #10428767
Apr 8, 2022 Price changed $549,000 MLS #10428767
Mar 31, 2022 Listed $595,000 MLS #10428767
Dec 27, 2017 Sold $235,000 Public Record
Mar 1, 1990 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $453,400 $112,900 $566,300 $6,965
2024 $453,400 $112,900 $566,300 $6,487
2023 $402,700 $112,900 $515,600 $6,445
2022 $366,700 $109,700 $476,400 $6,221
2021 $331,100 $91,400 $422,500 $5,281
2020 $331,100 $83,000 $414,100 $5,176
2019 $324,500 $83,000 $407,500 $5,093
2018 $322,400 $83,000 $405,400 $5,067
2017 $310,900 $83,000 $393,900 $4,529
2016 $310,900 $83,000 $393,900 $4,529
2015 $310,900 $83,000 $393,900 $4,529
2014 $313,200 $83,000 $396,200 $4,556
2013 $313,400 $104,000 $417,400 $4,800
2012 $313,400 $104,000 $417,400 $4,633
2011 $333,400 $231,000 $564,400 $6,264
2010 $344,700 $231,000 $575,700 $6,390
2009 $344,700 $231,000 $575,700 $6,390

Property facts

Year built
1990
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
3,450 sqft
Lot size
15,400 sqft
ZIP code
23518
City
Norfolk
Street
West Azalea Point Rd
Coordinates
36.90858, -76.20605

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,175
Gross rental yield
11.94%
Implied cap rate
7.76%
Trend-extrapolated value

Frequently asked questions

When did 2531 West Azalea Point Rd last sell?
2531 West Azalea Point Rd most recently sold on May 19, 2022 for $520,000.
What is the current tax assessment for 2531 West Azalea Point Rd?
The most recent total assessment for 2531 West Azalea Point Rd (year 2025) is $566,300 with $6,965 in property tax.
How does 2531 West Azalea Point Rd's assessment compare to its last sale price?
The current assessment is 8.9% above the last sale price of $520,000.
When was 2531 West Azalea Point Rd built?
2531 West Azalea Point Rd was built in 1990.
How does 2531 West Azalea Point Rd compare to others on West Azalea Point Rd?
We do not currently track other properties on West Azalea Point Rd.
What are the property facts for 2531 West Azalea Point Rd?
2531 West Azalea Point Rd is a 5 bed, 5 bath, 3,450 sqft, 15,400 sqft lot single_family.
Is 2531 West Azalea Point Rd a flip candidate?
No — 2531 West Azalea Point Rd does not appear in our flips dataset.
Is 2531 West Azalea Point Rd a tax-appeal candidate?
No — 2531 West Azalea Point Rd 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
-2.1%
Implied 1-yr
-8.5%
2026 Q2
$344K
2026 Q3
$335.5K
ZIP 23518 — Median Price History + Forecast

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