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Sold for $171,919
  • $171,919

    1562 Norcova Ave, Norfolk, VA 23502

    3beds
    1,288sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $172,700 Zestimate®
    $133/sqft
    $1,974 Estimated rent

    Home value

    $172,700

    $162,000 - $183,000

    $1,974/mo

    Zestimate® history
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    Owner options

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    $1,974/mo

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    $1,974/mo

    Rent Zestimate®

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    $872/mo

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    $872/mo

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    What's special

    RENT TO OWN OPPORTUNITY NO BANK NEEDED Own your future home without needing traditional bank approval upfront. This 3-bedroom, 1-bath home offers a unique opportunity to move in now and purchase later while building toward ownership. Featuring 1,288 square feet of living space, this home is perfect for someone ready to transition from renting to owning. Lock in your purchase price today and gain time to improve credit or secure financing. Rent-to-Own Highlights: Purchase Price: $310,000 Monthly Rent: $2,000 24-month term to buy No bank needed to move in The home is equipped with a solar energy system to help reduce long-term utility costs. Details will be provided during the application process. This is not a traditional rental it is designed for someone serious about homeownership. Requirements: * Minimum $10,000 option fee * Verifiable income * Commitment to purchase within lease term Opportunities like this are limited. If you're ready to take the next step toward owning, reach out today. Lease Option (Rent-to-Own) Terms: 24-month lease with option to purchase. Minimum $10,000 non-refundable option fee required (credited toward purchase price). Monthly rent is $2,000, with $200/month credited toward purchase if option is exercised. Tenant-buyer responsible for utilities, lawn care, and minor maintenance (repairs under $500). Seller retains responsibility for major systems. This is a lease option agreement, not a traditional rental. Serious inquiries only from applicants with stable income and intent to purchase.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Wall Furnace
    Cooling
    • Window Unit
    Appliances
    • Included: Dryer, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,288 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Features
    • Exterior features: Heating system: Wall
    Details
    • Parcel number: 16282000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $10,000
    Location
    • Region: Norfolk

    Financial & listing details

    • Price per square foot: $133/sqft
    • Tax assessed value: $181,800
    • Annual tax amount: $2,236
    • Date on market: 6/22/2026
    • Date available: 07/01/2026
    • Lease term: Rent to Own

    Price history

    DateEventPrice
    7/14/2026Listing removed$2,000$2/sqft
    Source: Zillow Rentals Report a problem
    6/23/2026Listed for rent$2,000$2/sqft
    Source: Zillow Rentals Report a problem
    5/15/2026Sold$171,919$133/sqft
    Source: Public Record Report a problem
    5/15/2026Listing removed$2,000$2/sqft
    Source: Zillow Rentals Report a problem
    4/28/2026Listed for rent$2,000$2/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,236 +4.4%$181,800 +4.4%
    2024$2,141 +5.8%$174,100 +7.5%
    2023$2,025 +4.2%$162,000 +4.2%
    2022$1,944 +9.9%$155,500 +9.9%
    2021$1,769 +4%$141,500 +4%
    2020$1,701 +6.9%$136,100 +6.9%
    2019$1,591 +6.6%$127,300 +6.6%
    2018$1,493 +13.1%$119,400 +4%
    2017$1,320 $114,800 -0.9%
    2016$1,320 -0.9%$115,900
    2015$1,333 $115,900
    2014$1,333 $115,900
    2013-- $115,900
    2012-- $115,900 -7.4%
    2011-- $125,100
    2010-- $125,100
    2009-- $125,100
    2008-- $125,100
    2007-- $125,100 +18.9%
    2006-- $105,200 +23.8%
    2005-- $85,000 +13.5%
    2004-- $74,900 +12.5%
    2003-- $66,600 +5%
    2002-- $63,400
    2001-- $63,400 +0%
    2000-- $63,380
    Find assessor info on the county website

    Neighborhood: Foxhall

    Nearby schools

    GreatSchools rating
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    $172,700
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    +$3,454
    With Zillow Showcase(estimated)
    $176,154