Located in Norfolk's historic Chesterfield Heights, this 3-bedroom, 2-bath bungalow spans 1,056 square feet and offers a bold opportunity for those with vision. Though the interior now requires some renovation - including all new flooring, full paint, and kitchen structural repairs due to cabinet separation and floor sloping - its potential is undeniable. This property will be sold AS-IS as part of a professionally negotiated short sale, with no repairs by the seller. The bank will not accept a price lower than list price - but this is a GREAT price! Minutes from downtown Norfolk, the waterfront, Norfolk State University, Sentara, and hotspots like The Main, Commune, and Selden Market, this home invites transformation. Restore its character, reimagine its layout, and revive its place in this vibrant community. Whether you're a savvy investor or a hands-on homeowner, this is your canvas. Hurry to schedule a private viewing now before someone else buys YOUR HOME!
Sold
$150,000
720 Forbes St, Norfolk, VA 23504
3beds
1,056sqft
Single Family Residence
Built in 1919
3,937 Square Feet Lot
$250,800 Zestimate®
$142/sqft
$1,975 Estimated rent
Home value
$250,800
$228,000 - $271,000
$1,975/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Lea Marie Ngowakl,
Atlantic Sothebys Int'l Realty 757-777-9870
Bought with:
Lea Marie Ngowakl
Atlantic Sothebys Int'l Realty
Source: REIN Inc.,MLS#: 10605378
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: 1st Floor BR, 1st Floor Primary BR, Breakfast Area, PBR with Bath, Utility Closet
Primary bedroom
- Level: First
Heating
- Electric, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Electric Water Heater
- Laundry: Dryer Hookup, Washer Hookup
Features
- Flooring: Carpet, Laminate/LVP
- Basement: Crawl Space
- Attic: Pull Down Stairs
- Has fireplace: No
Interior area
- Total interior livable area: 1,056 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Space, Off Street, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch
- Pool features: None
- Fencing: Back Yard,Fenced
- Waterfront features: Not Waterfront
Lot
- Size: 3,937 Square Feet
Details
- Parcel number: 39972400
- Zoning: R-9
- Special conditions: Short/Comp Sale
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Ranch
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1919
Utilities & green energy
- Sewer: City/County
- Water: City/County
Community & HOA
Community
- Subdivision: Chesterfield Heights
HOA
- Has HOA: No
Location
- Region: Norfolk
Financial & listing details
- Price per square foot: $142/sqft
- Tax assessed value: $197,200
- Annual tax amount: $2,260
- Date on market: 10/8/2025
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,426 +7.3% | $197,200 +7.3% |
| 2024 | $2,260 +5.8% | $183,700 +7.6% |
| 2023 | $2,135 +56.1% | $170,800 +56.1% |
| 2022 | $1,368 +6.9% | $109,400 +6.9% |
| 2021 | $1,279 +10.1% | $102,300 +10.1% |
| 2020 | $1,161 -2.4% | $92,900 -2.4% |
| 2019 | $1,190 +9.2% | $95,200 +9.2% |
| 2018 | $1,090 +13.4% | $87,200 |
| 2017 | $961 | $87,200 -2.9% |
| 2016 | $961 -2.9% | $89,800 |
| 2015 | $990 | $89,800 |
| 2014 | $990 | $89,800 |
| 2013 | -- | $89,800 |
| 2012 | -- | $89,800 -4% |
| 2011 | -- | $93,500 -3.7% |
| 2010 | -- | $97,100 -3.7% |
| 2009 | -- | $100,800 |
| 2008 | -- | $100,800 +4.7% |
| 2007 | -- | $96,300 +29.6% |
| 2006 | -- | $74,300 +38.6% |
| 2005 | -- | $53,600 +19.9% |
| 2004 | -- | $44,700 +4.2% |
| 2003 | -- | $42,900 +8.1% |
| 2002 | -- | $39,700 +8.6% |
| 2001 | -- | $36,560 +10% |
| 2000 | -- | $33,230 |
Find assessor info on the county website
Neighborhood: Chesterfield Heights
Nearby homes
- $352,8003 bd3 ba1.8k sqft722 Forbes St, Norfolk, VA 23504Off Market
- $272,0004 bd2 ba1.8k sqft718 Forbes St, Norfolk, VA 23504Sold
- $239,4004 bd2 ba1.8k sqft718 Forbes Sreet, Norfolk, VA 23504Off Market
- $204,0002 bd1 ba973 sqft716 Forbes St, Norfolk, VA 23504Off Market
- $182,6003 bd1 ba1.1k sqft726 Forbes St, Norfolk, VA 23504Off Market
- $258,5003 bd1 ba2.1k sqft714 Forbes St, Norfolk, VA 23504Off Market
- $179,1002 bd1 ba790 sqft730 Forbes St, Norfolk, VA 23504Off Market
- $365,8004 bd2 ba2k sqft723 Filer St, Norfolk, VA 23504Off Market
Nearby schools
GreatSchools rating
- 1/10Chesterfield Academy ElementaryGrades: PK-5Distance: 0.5 mi
- 1/10Ruffner Middle SchoolGrades: 3-8Distance: 0.9 mi
- 2/10Lake Taylor High SchoolGrades: 9-12Distance: 3.9 mi
Schools provided by the listing agent
- Elementary: Chesterfield Academy
- Middle: Ruffner Academy
- High: Lake Taylor
Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Sell for more on Zillow
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$250,800
2% more
+$5,016
With Zillow Showcase(estimated)
$255,816
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$250,800
2% more
+$5,016
With Zillow Showcase(estimated)
$255,816
- Virginia
- Norfolk City
- Norfolk
- 23504
- Chesterfield Heights
- 720 Forbes St
