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515 E Freemason St Unit 3A
D- Composite 38.62
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +12.0/15.0
  • Appreciation +5.1/10.0
  • Cash flow +4.7/30.0
  • Livability +4.2/5.0
  • Rent growth +3.7/5.0
  • Schools +3.5/10.0
  • 1% rule +2.9/10.0
  • Condition / age +2.5/5.0
  • DSCR +0.0/10.0

$225,000

515 E Freemason St Unit 3A · Norfolk, VA 23510
1 bd · 1.0 ba · 1,064 sqft · Condo public records · 34 Days on market
Built 2005 $211/sqft · 13% below area Est $250k · 10% under $408/mo HOA · 23% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

AMAZING DOWNTOWN CONDOMINIUM WITH A VERY OPEN FLOOR PLAN! LARGE OPEN LIVING ROOM WITH GAS FP, KITCHEN BOASTS ALL SS APPLIANCES WITH LOTS OF CABINETS AND A PERFECT BREAKFAST NOOK BAR AREA FOR ENTERTAINING. OVERSIZE BEDROOM SUITE IS ENHANCED BY A LARGE WALK-IN CLOSET & RESTORATION BATH. THE UTILITY ROOM IS ALSO LARGE AND INCLUDES THE WASHER & DRYER. ONE (1) RESERVED, ONE (1) COVERED CARPORT FOR A TOTAL OF TWO (2) PARKING, AS WELL AS STREET PARKING AVAILABLE. LOCATED BEHIND THE MALL AND IN NEAR TO SHOPPING, RESTAURANTS AND ACTIVITIES DOWNTOWN. HAS A LARGE WALK-IN ATTIC FOR STORAGE. NEW CARPETING! CONDO FEE INCLUDES-WATER, SEWER, GROUND MAINT, SECURITY, TRASH PU. THIS VERY WELL MAINTAINED CONDO IS MOVE-IN READY! COME TOUR TODAY! ATTN: INVESTORS, PROPERTY HAS A STRONG RENTAL HISTORY SINCE SELLER PURCHASED IN 2016.

Key facts

  • Updated bath
  • Walk-in closet
  • Gas fireplace

Tags

GAS FIREPLACESTAINLESS STEEL APPLIANCESGRANITE COUNTERTOPSBREAKFAST BARUPDATED BATHWALK-IN CLOSET

Property features AI

Finance

  • Other: Pet restrictions
  • HOA & community: Homeowners association (ST Pauls Place Association) with professional management; HOA dues approximately $408 monthly; HOA covers ground maintenance, security, sewer, trash pickup, and water

Exterior

  • Parking: Assigned covered off-street parking (1 space)
  • Security: Community security; Security system
  • Utilities: City water; City sewer; Electric water heater; Electric power
  • Home design: Attached condo, low-rise style; Corner/end unit with 1 living level; Unit on condo level 3; City view
  • Construction: Asphalt shingle roof; Slab foundation
  • Exterior features: Corner unit; Brick siding; Fenced yard

Interior

  • Kitchen: Electric range; Microwave; Dishwasher; Refrigerator; Disposal
  • Bedrooms: Master bedroom with ensuite; Bedroom with full bathroom on first floor
  • Flooring: Carpet; Ceramic
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Heat pump heating; Programmable thermostat; Central air conditioning
  • Interior features: Gas fireplace; Ceiling fan; Security system; Walk-in attic; Walk-in closet; Window treatments; One fireplace
  • Laundry & utility: Washer; Dryer; Utility room

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath condo listed at $225k.

Deal economics

  • At list price, monthly cash flow is $-561 ($-7k/yr) — negative.
  • To cash-flow at today's rent, offer at most $126k (44.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $179k (20.6% below list).
  • Recommended offer: $126k (44.0% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 83/100 on livability (#43 in VA, #1,026 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: employment C-, crime F.
  • Norfolk City Public School District (urban): math 27% / reading 56% proficiency, ranked #118 of 131 in VA (top 90%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Walter Herron Taylor Elementary (math 57% / reading 67%, grade B, #480 of 1,108 statewide, top 46%, 341 students, 98% FRL); Matthew Fontaine Maury High (math 46% / reading 90%, grade B, #180 of 319 statewide, top 57%, 1,697 students, 96% FRL) — zoned schools average 97% FRL vs 59% district-wide (38 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 65% at this address vs 42% district-wide (+24 pts) — the actual schools serving this property are materially stronger than the Norfolk City Public School District average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents rising fast (+5.0%/yr); 44 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 438 units permitted in Norfolk city in 2024 (273 in 5+ unit buildings).

Forward outlook

  • In year one you build about $2k of equity ($2k loan paydown + $401 appreciation (0.2% local appreciation)).

Negotiation context

  • It's been on market 34 days — a 3% lower offer ($218k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 11y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: HOA is 23% of rent.
  • Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $125,984 (44.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 44% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
0.79%
Cap rate
3.30%
Cash-on-cash
-10.68%
DSCR
0.52
GRM
10.5

CMA / ARV

ARV (median comp)
$250,000
List price
$225,000
Delta
-10.00%
Verdict
FAIR
Comps
20 within 1.0 mi

Projected returns pro-forma

0.18% appreciation · 4.96% rent growth · sell at horizon

5-year hold
IRR
-12.1%
Equity multiple
0.42×
Total profit
$-36,517
Equity at exit
$67,345
10-year hold
IRR
-4.1%
Equity multiple
0.53×
Total profit
$-29,614
Equity at exit
$82,575

Cash invested: $63,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
55 Moderately Landlord-Leaning
State Virginia
55 Moderately Landlord-Leaning · D+2
County
— inherits STATE
City
— inherits STATE
VRLTA gives some tenant protections; Northern Virginia courts slower; rural VA landlord-leaning.

ZIP-level market 23510

Home prices YoY
0.1%
Rents YoY
5.0%
Active inventory
44
Price-to-rent
10.5×

Monthly cashflow live

Estimated rent
$1,786 high interval (Pro) →
Mortgage (P&I)
$1,180
Tax from tax record
$289 /mo · $3,474/yr
Insurance
$94
HOA
$408
Vacancy / Maint / Mgmt
$375
Net cashflow
$-561

Break-even live

Break-even rent $2,495
Max offer price $125,984
Occupancy floor

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$56,250
Closing costs
$6,750
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
415 Saint Pauls Blvd Norfolk, VA 2.0 2.0 1185 $2,348 $1.98 12d 4 0.02mi
415 Saint Pauls Blvd Norfolk, VA 1.0–2.0 2.0 1186 $1,750 $1.48 4d 3 0.02mi
444 E Freemason St Unit 1B Norfolk, VA 1.0 1.0 864 $1,700 $1.97 17d 1 0.08mi
426 Granby St Unit 2B Norfolk, VA 2.0 1.5 1100 $1,895 $1.72 23d 1 0.30mi
426 Granby St Unit 2B Norfolk, VA 2.0 1.5 1100 $2,000 $1.82 43d 1 0.30mi
321 E Main St Norfolk, VA 3.0 1.0–2.0 1147 $2,766 $2.41 2d 15 0.35mi
645 Church St Norfolk, VA 1.0–3.0 1.0–2.0 881 $1,140 $1.29 7d 1 0.36mi
219 Granby St #20 Norfolk, VA 2.0 2.0 1233 $2,050 $1.66 7d 1 0.36mi
388 Boush St Norfolk, VA 2.0 2.0 1057 $1,895 $1.79 21d 2 0.36mi
388 Boush St Norfolk, VA 2.0 2.0 1057 $2,070 $1.96 2d 2 0.36mi
200 College Pl Norfolk, VA 1.0–3.0 1.0–2.0 1047 $1,847 $1.76 2d 12 0.43mi
229 W Bute St Norfolk, VA 1.0 1.0 573 $1,889 $3.30 3d 4 0.45mi
740 Duke St Norfolk, VA 1.0 1.0 701 $1,675 $2.39 43d 1 0.58mi
500 Botetourt St Norfolk, VA 1.0–2.0 1.0–2.0 650 $1,400 $2.15 2d 3 0.66mi
330 W Brambleton Ave Norfolk, VA 2.0 1.0–2.0 744 $1,525 $2.05 3d 1 0.68mi
1110 Chapel St Unit 6 Norfolk, VA 2.0 1.0 1000 $1,200 $1.20 43d 1 0.71mi
100 Westover Ave Norfolk, VA 2.0 2.0 1248 $2,062 $1.65 43d 1 0.77mi
200 Drummond Pl Unit b2 Norfolk, VA 2.0 1.0 1000 $1,695 $1.70 44d 1 0.78mi
200 Drummond Pl Norfolk, VA 1.0–2.0 1.0 975 $1,695 $1.74 23d 4 0.78mi
408 Mowbray Arch Unit 3 Norfolk, VA 1.0 1.0 780 $1,460 $1.87 43d 1 0.79mi
119 E Princess Anne Rd Unit 206 Norfolk, VA 1.0 1.0 760 $1,950 $2.57 16d 1 0.80mi
119 E Princess Anne Rd Unit 305 Norfolk, VA 2.0 2.0 1024 $2,325 $2.27 17d 1 0.80mi
119 E Princess Anne Rd Unit 205 Norfolk, VA 2.0 2.0 1024 $2,375 $2.32 16d 1 0.80mi
400 Fairfax Ave Norfolk, VA 2.0 1.0 1200 $2,100 $1.75 43d 1 0.83mi
407 Fairfax Ave Unit 201 Norfolk, VA 1.0 1.0 800 $1,300 $1.62 20d 1 0.83mi
407 Fairfax Ave Unit 201 Norfolk, VA 1.0 1.0 800 $1,300 $1.62 23d 1 0.83mi
407 Fairfax Ave Unit 103 Norfolk, VA 2.0 1.0 975 $1,450 $1.49 3d 1 0.84mi
348 Llewellyn Mews Norfolk, VA 2.0 2.0 1420 $2,095 $1.48 23d 1 0.89mi
405 Clifton St Unit A Norfolk, VA 2.0 2.0 787 $1,245 $1.58 17d 1 0.92mi
405 Clifton St Unit A Norfolk, VA 2.0 1.0 700 $1,245 $1.78 23d 1 0.92mi
1400 Granby St #119 Norfolk, VA 2.0 2.0 1224 $1,895 $1.55 43d 1 0.95mi
533 Front St Apt 329 Norfolk, VA 2.0 2.0 1105 $3,300 $2.99 19d 1 0.97mi
533 Front St Norfolk, VA 1.0 1.0 813 $1,825 $2.24 43d 1 0.97mi
742 Lexington St Unit A Norfolk, VA 2.0 1.0 780 $1,100 $1.41 20d 1 1.02mi
819 Colonial Ave Norfolk, VA 1.0–3.0 1.0–2.0 1092 $1,700 $1.56 2d 11 1.03mi
464 Westover Mews Norfolk, VA 2.0 1.5 1316 $2,200 $1.67 43d 1 1.04mi
758 Fremont St Norfolk, VA 2.0 1.0 852 $995 $1.17 7d 1 1.07mi
754 Fremont St Norfolk, VA 2.0 1.0 852 $995 $1.17 3d 1 1.07mi
359 Middle St Portsmouth, VA 1.0 1.0 700 $1,150 $1.64 43d 1 1.09mi
303 North St #2 Portsmouth, VA 1.0 1.0 800 $1,224 $1.53 14d 1 1.11mi

HOA detail condo

Monthly dues
$408 · $4,896/yr
Likely covers
watersewertrashgassecurity
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 30 events

  1. 2026-06-18
    days on market $225,000 Active 34 DOM
  2. 2026-06-17
    days on market $225,000 Active 33 DOM
  3. 2026-06-16
    days on market $225,000 Active 32 DOM
  4. 2026-06-15
    days on market $225,000 Active 31 DOM
  5. 2026-06-13
    days on market $225,000 Active 29 DOM
  6. 2026-06-09
    days on market $225,000 Active 25 DOM
  7. 2026-06-08
    days on market $225,000 Active 24 DOM
  8. 2026-06-07
    days on market $225,000 Active 23 DOM
  9. 2026-06-03
    days on market $225,000 Active 19 DOM
  10. 2026-06-02
    days on market $225,000 Active 18 DOM
  11. 2026-06-01
    days on market $225,000 Active 17 DOM
  12. 2026-05-31
    days on market $225,000 Active 16 DOM
  13. 2026-05-15
    listed $225,000 Active 966-char remark
  14. 2025-07-02
    soldstatus $219,900
  15. 2025-06-30
    soldstatus $219,900 Sold 828-char remark
    Show marketing remark (828 chars)

    AMAZING DOWNTOWN CONDOMINIUM WITH A VERY OPEN FLOOR PLAN! LARGE OPEN LIVING ROOM WITH GAS FP, KITCHEN BOASTS ALL SS APPLIANCES WITH LOTS OF CABINETS AND A PERFECT BREAKFAST NOOK BAR AREA FOR ENTERTAINING. OVERSIZE BEDROOM SUITE IS ENHANCED BY A LARGE WALK-IN CLOSET & RESTORATION BATH. THE UTILITY ROOM IS ALSO LARGE AND INCLUDES THE WASHER & DRYER. ONE (1) RESERVED, ONE (1) COVERED CARPORT FOR A TOTAL OF TWO (2) PARKING, AS WELL AS STREET PARKING AVAILABLE. LOCATED BEHIND THE MALL AND IN NEAR TO SHOPPING, RESTAURANTS AND ACTIVITIES DOWNTOWN. HAS A LARGE WALK-IN ATTIC FOR STORAGE. NEW CARPETING! CONDO FEE INCLUDES-WATER, SEWER, GROUND MAINT, SECURITY, TRASH PU. THIS VERY WELL MAINTAINED CONDO IS MOVE-IN READY! COME TOUR TODAY! ATTN: INVESTORS, PROPERTY HAS A STRONG RENTAL HISTORY SINCE SELLER PURCHASED IN 2016.

  16. 2025-04-28
    status Under Contract 828-char remark
    Show marketing remark (828 chars)

    AMAZING DOWNTOWN CONDOMINIUM WITH A VERY OPEN FLOOR PLAN! LARGE OPEN LIVING ROOM WITH GAS FP, KITCHEN BOASTS ALL SS APPLIANCES WITH LOTS OF CABINETS AND A PERFECT BREAKFAST NOOK BAR AREA FOR ENTERTAINING. OVERSIZE BEDROOM SUITE IS ENHANCED BY A LARGE WALK-IN CLOSET & RESTORATION BATH. THE UTILITY ROOM IS ALSO LARGE AND INCLUDES THE WASHER & DRYER. ONE (1) RESERVED, ONE (1) COVERED CARPORT FOR A TOTAL OF TWO (2) PARKING, AS WELL AS STREET PARKING AVAILABLE. LOCATED BEHIND THE MALL AND IN NEAR TO SHOPPING, RESTAURANTS AND ACTIVITIES DOWNTOWN. HAS A LARGE WALK-IN ATTIC FOR STORAGE. NEW CARPETING! CONDO FEE INCLUDES-WATER, SEWER, GROUND MAINT, SECURITY, TRASH PU. THIS VERY WELL MAINTAINED CONDO IS MOVE-IN READY! COME TOUR TODAY! ATTN: INVESTORS, PROPERTY HAS A STRONG RENTAL HISTORY SINCE SELLER PURCHASED IN 2016.

  17. 2025-03-19
    listed $219,900 Active 828-char remark
    Show marketing remark (828 chars)

    AMAZING DOWNTOWN CONDOMINIUM WITH A VERY OPEN FLOOR PLAN! LARGE OPEN LIVING ROOM WITH GAS FP, KITCHEN BOASTS ALL SS APPLIANCES WITH LOTS OF CABINETS AND A PERFECT BREAKFAST NOOK BAR AREA FOR ENTERTAINING. OVERSIZE BEDROOM SUITE IS ENHANCED BY A LARGE WALK-IN CLOSET & RESTORATION BATH. THE UTILITY ROOM IS ALSO LARGE AND INCLUDES THE WASHER & DRYER. ONE (1) RESERVED, ONE (1) COVERED CARPORT FOR A TOTAL OF TWO (2) PARKING, AS WELL AS STREET PARKING AVAILABLE. LOCATED BEHIND THE MALL AND IN NEAR TO SHOPPING, RESTAURANTS AND ACTIVITIES DOWNTOWN. HAS A LARGE WALK-IN ATTIC FOR STORAGE. NEW CARPETING! CONDO FEE INCLUDES-WATER, SEWER, GROUND MAINT, SECURITY, TRASH PU. THIS VERY WELL MAINTAINED CONDO IS MOVE-IN READY! COME TOUR TODAY! ATTN: INVESTORS, PROPERTY HAS A STRONG RENTAL HISTORY SINCE SELLER PURCHASED IN 2016.

  18. 2017-03-09
    price $146,000
  19. 2017-03-06
    soldstatus $146,000
  20. 2017-02-23
    status Under Contract
  21. 2016-11-29
    price $152,500
  22. 2016-08-15
    listed $155,000 Active
  23. 2016-04-12
    historical
  24. 2016-01-06
    price $157,500
  25. 2015-11-25
    price $159,990
  26. 2015-10-13
    price $162,900
  27. 2015-08-05
    price $169,900
  28. 2015-08-05
    status Active
  29. 2015-07-28
    historical
  30. 2015-07-20
    listed $162,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast VA · Resets to sale price

Current annual tax
$3,474 · $289/mo
Projected year-2 tax
$3,474 · $289/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 13% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
  • 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 7 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$21,427
− Mortgage interest
−$12,603
− Property taxes
−$3,474
− Insurance
−$1,125
− Repairs & maintenance
−$1,714
− Management
−$1,714
− HOA
−$4,896
− Depreciation
−$6,545
Taxable loss
−$10,645
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,555
After-tax cash flow
$-4,171/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Norfolk City Public School District
NCES district ID
5102670
Math proficiency
27% ▼ -44.00%
Reading proficiency
56% ▼ -10.00%
Median HH income
$44,358
Composite
35.08/100
National rank
#5026
State rank
#118 of 131 in VA

Livability — Norfolk

Score
83/100
State rank
#43
US rank
#1026

Category grades

Amenities A+ Commute A+ Cost of living B+ Crime F Employment C- Housing A Health & safety A+ User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Norfolk, VA
County
Norfolk City · 214,042 people
City population
214,042
Metro
Virginia Beach-Norfolk-Newport News, VA-NC
Population (ZIP)
9,190
Household income
$73,524
Rent vs Own
82.5% rent · 17.5% own
Severe rent burden
803.0

Population outlook (Norfolk County) Hauer SSP2

Today (2025)
249,032 people
By 2030
252,347 · +1.3%
By 2040
253,644 · +1.9%
By 2050
251,913 · +1.2%
By 2075
245,281 · -1.5%
By 2100
219,548 · -11.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.65)
Race & ethnicity
White 45% Black 38% Two or more races 8% Hispanic / Latino 7% Asian 5%
Hispanic origin (detail)
Mexican 3%
Common ancestry
Lithuanian 3% Slovak 2% Scotch-Irish 2%
Foreign-born
11% · Canada
Languages at home
88% English-only · Spanish 6% Other Indo-European 2% French/Haitian/Cajun 1%

Political lean MEDSL · Norfolk

2024 margin
Solid D (+41.5) · D 70.0% · R 28.5% · Other 1.6%
2008→2024 swing
-1.4pp toward R · 2008: 43.0pp · 2024: 41.5pp
All cycles
2024: D+41.5 2020: D+45.6 2016: D+42.0 2012: D+44.0 2008: D+43.0

Not yet ingested

Civics

Market trends

HPI YoY
▲ 0.18%
Current HPI
217.9574
Rent YoY
▲ 4.96%
Metro
Virginia Beach-Norfolk-Newport News, VA-NC
State GDP YoY
▲ 2.40%
F500 in state
50

Industry mix (Fortune 500 HQ in VA)

Industry F500 HQs Revenue

Price history

+38.1% since first listed
18 events — show timeline
  • 2026-05-15 Listed $225,000 REINMLS
  • 2025-07-02 Sold (Public Records) $219,900 Public Records
  • 2025-06-30 Sold (MLS) $219,900 REINMLS
  • 2025-04-28 Pending REINMLS
  • 2025-03-19 Listed $219,900 REINMLS
  • 2017-03-09 Price Changed $146,000 REINMLS
  • 2017-03-06 Sold (Public Records) $146,000 Public Records
  • 2017-02-23 Pending REINMLS
  • 2016-11-29 Price Changed $152,500 REINMLS
  • 2016-08-15 Listed $155,000 REINMLS
  • 2016-04-12 Listing Removed REINMLS
  • 2016-01-06 Price Changed $157,500 REINMLS
  • 2015-11-25 Price Changed $159,990 REINMLS
  • 2015-10-13 Price Changed $162,900 REINMLS
  • 2015-08-05 Relisted REINMLS
  • 2015-08-05 Price Changed $169,900 REINMLS
  • 2015-07-28 Listing Removed REINMLS
  • 2015-07-20 Listed $162,900 REINMLS

Property tax history

+2.7%/yr

Latest (2025): $3,474 · +5.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…