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Sold for $500,000
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    • $500,000

    861 48th St, Norfolk, VA 23508

    12beds
    4,692sqft
    MultiFamily
    Built in 1978
    -- sqft lot
    $608,500 Zestimate®
    $107/sqft
    $1,718 Estimated rent

    Home value

    $608,500

    $566,000 - $651,000

    $1,718/mo

    Zestimate® history
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    Owner options

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    $1,718/mo

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    $1,718/mo

    Rent Zestimate®

    Refinance and save

    $3,265/mo

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    $3,265/mo

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    What's special

    Big town house. Walking distance to O.D.U. Central air, painted, clean, owner maintains yard. Perfect O.D.U. rental. Owner is agent.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Included: Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Linoleum / Vinyl
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,692 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off-street
    Features
    • Exterior features: Wood
    Lot
    • Size: 5,996 Square Feet
    Details
    • Parcel number: 40833110

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1978

    Community & HOA

    Location
    • Region: Norfolk

    Financial & listing details

    • Price per square foot: $107/sqft
    • Tax assessed value: $481,200
    • Annual tax amount: $5,919

    Price history

    DateEventPrice
    1/4/2024Sold$500,000+1%$107/sqft
    Source: Public Record Report a problem
    12/21/2023Contingent$495,000$105/sqft
    Source: REIN Inc. #10510576 Report a problem
    11/22/2023Listed for sale$495,000$105/sqft
    Source: REIN Inc. #10510576 Report a problem
    11/20/2023Contingent$495,000$105/sqft
    Source: REIN Inc. #10510576 Report a problem
    11/14/2023Listed for sale$495,000$105/sqft
    Source: REIN Inc. #10510576 Report a problem
    10/30/2023Listing removed$495,000$105/sqft
    Source: REIN Inc. #10498693 Report a problem
    10/11/2023Price change$495,000-2.9%$105/sqft
    Source: REIN Inc. #10498693 Report a problem
    8/18/2023Price change$510,000-5.4%$109/sqft
    Source: REIN Inc. #10498693 Report a problem
    8/11/2023Listed for sale$539,000$115/sqft
    Source: REIN Inc. #10498693 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,919 +6.3%$481,200 +6.3%
    2024$5,569 +16.4%$452,800 +18.3%
    2023$4,785 +3.9%$382,800 +3.9%
    2022$4,604 +14.7%$368,300 +14.7%
    2021$4,013 +5.6%$321,000 +5.6%
    2020$3,801 +2.4%$304,100 +2.4%
    2019$3,713 +4.2%$297,000 +4.2%
    2018$3,563 +8.7%$285,000
    2017$3,278 $285,000 -0.1%
    2016$3,278 -0.1%$285,400
    2015$3,282 $285,400
    2014$3,282 $285,400
    2013-- $285,400
    2012-- $285,400
    2011-- $285,400 -2.6%
    2010-- $293,100
    2009-- $293,100
    2008-- $293,100
    2007-- $293,100 +22.5%
    2006-- $239,300 +26.9%
    2005-- $188,600 +19.6%
    2004-- $157,700 +7.6%
    2003-- $146,500
    2002-- $146,500 +3%
    2001-- $142,200 +2.5%
    2000-- $138,670
    Find assessor info on the county website

    Neighborhood: Highland Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Maury

    Source: The MLS. 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
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $608,500
    2% more
    +$12,170
    With Zillow Showcase(estimated)
    $620,670
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $608,500
    2% more
    +$12,170
    With Zillow Showcase(estimated)
    $620,670

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