For sale

Price cut: $24.1K (8/17)

$724,900

7405 Hedgewood Ln, Norfolk, VA 23505

5beds

4,125sqft

$4,700/mo

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Single Family Residence

Built in 1949

0.94 Acres Lot

$721,800 Zestimate^®

$176/sqft

$-- HOA

What's special

Huge sunny bedroomsThird floor playroom

WELCOME TO THIS STATELY RENOVATED COLONIAL IN SOUGHT AFTER ALGONQUIN PARK. HUGE PRIVATE .94 ACRE LOT. AN OASIS IN THE CITY! NEW PRIMARY BEDROOM ADDITION WITH MARBLE BATH. LUX KIT WITH MARBLE AND SS APPL. OPEN SUNNY LIVING AREAS. RICH FIXTURES AND FINISHES THROUGHOUT. BONUS FIRST FLOOR PRIM SUITE OR GUEST SUITE. HUGE SUNNY BEDROOMS. THIRD FLOOR PLAYROOM. SPRAWLING BACKYARD PRIVATE RETREAT WITH PATIO, DECK AND GRILLING STATION. ENERGY EFFECIENT COST SAVING SOLAR PANELS. CLOSE TO BASES, SHOPPING AND DINING.

36 days
1,437
85

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Rooms

Room types: 1st Floor BR, 1st Floor Primary BR, Attic, Breakfast Area, PBR with Bath, Office/Study, Utility Room

Primary bedroom

Level: Second

Primary bedroom

Level: First

Heating

Electric, Forced Air

Cooling

Central Air, Zoned

Appliances

Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Gas Water Heater

Features

Bar, Primary Sink-Double, Walk-In Closet(s), Entrance Foyer, Pantry
Flooring: Carpet, Ceramic Tile, Laminate/LVP
Basement: Crawl Space
Attic: Scuttle
Number of fireplaces: 2
Fireplace features: Fireplace Gas-natural

Interior area

Total interior livable area: 4,125 sqft

Property

Parking

Total spaces: 2
Parking features: Garage Att 2 Car, Driveway
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Stories: 3
Patio & porch: Deck, Patio, Porch
Pool features: None
Fencing: Back Yard,Privacy,Fenced
Has view: Yes
View description: Trees/Woods
Waterfront features: Not Waterfront

Lot

Size: 0.94 Acres

Details

Parcel number: 22138105
Zoning: R-1

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Brick, Vinyl Siding
Foundation: Slab
Roof: Asphalt Shingle

Condition

New construction: No
Year built: 1949

Utilities & green energy

Sewer: City/County
Water: City/County
Utilities for property: Cable Hookup

Community & HOA

Community

Subdivision: Algonquin Park

HOA

Has HOA: No

Location

Region: Norfolk

Financial & listing details

Price per square foot: $176/sqft
Tax assessed value: $687,800
Annual tax amount: $8,460
Date on market: 7/28/2026

Estimated market value

$721,800

$686,000 - $758,000

$3,658/mo

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$8,460 +9%	$687,800 +9%
2024	$7,760 +9.3%	$630,900 +11.1%
2023	$7,100 +1.8%	$568,000 +1.8%
2022	$6,975 +9.1%	$558,000 +9.1%
2021	$6,391 -5.8%	$511,300 -5.8%
2020	$6,785	$542,800
2019	$6,785 +76.6%	$542,800 +32.5%
2018	$3,841 -27.7%	$409,700 -11.3%
2017	$5,311	$461,800 -0.8%
2016	$5,311 +33.3%	$465,300
2015	$3,984	$465,300
2014	$3,984	$465,300
2013	--	$465,300
2012	--	$465,300 -9.5%
2011	--	$513,900 -0.3%
2010	--	$515,700 -11.9%
2009	--	$585,100 -10.5%
2008	--	$654,000 +0.9%
2007	--	$648,300 +11.3%
2006	--	$582,600 +12.8%
2005	--	$516,500 +18.7%
2004	--	$435,300 +21.3%
2003	--	$358,900 +10.1%
2002	--	$326,100 +13.2%
2001	--	$288,120 +4.2%
2000	--	$276,610