Superb investment/rental property opportunity in high-growth, high-demand area. Current rents are $895 and $900; property has positive cash flow. Stable tenancies, high demand and low vacancy rate have been consistent in this area & property class. Excellent location; surrounding area under development. Options include selling to developers, combining units, or keeping as two 2BR/1BA rentals. Well-maintained, many recent repairs; invoices available. Appraised value determined by licensed appraiser in July 2023. Buyer must honor current leases.
Sold for $265,000
$265,000
9557 21st Bay St, Norfolk, VA 23518
0beds
0baths
1,356sqft
Townhouse
Built in 1948
7,492 Square Feet Lot
$317,300 Zestimate®
$195/sqft
$1,959 Estimated rent
Home value
$317,300
$295,000 - $343,000
$1,959/mo
Zestimate® history
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$1,654/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Baseboard, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,356 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 7,492 Square Feet
Details
- Parcel number: 12219000
Construction
Type & style
- Home type: Townhouse
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Other
Condition
- Year built: 1948
Community & HOA
Location
- Region: Norfolk
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $299,000
- Annual tax amount: $3,678
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2023 | Sold | $265,000-3.6%$195/sqft |
Source: Public Record Report a problem | ||
| 8/4/2023 | Pending sale | $275,000$203/sqft |
Source:  Long & Foster Broker Feed #10497546 Report a problem | ||
| 8/4/2023 | Contingent | $275,000$203/sqft |
Source:  REIN Inc. #10497546 Report a problem | ||
| 8/3/2023 | Listed for sale | $275,000$203/sqft |
Source: REIN Inc. #10497546 Report a problem | ||
| 10/11/2012 | Listing removed | $600 |
Source: Long & Foster Real Estate #1226883 Report a problem | ||
| 9/29/2012 | Price change | $600-11.1% |
Source: Long & Foster Real Estate #1226883 Report a problem | ||
| 7/14/2012 | Listed for rent | $675+3.8% |
Source: Long & Foster Real Estate #1226883 Report a problem | ||
| 8/26/2011 | Listing removed | $650 |
Source: Long & Foster Real Estate #1111447 Report a problem | ||
| 7/2/2011 | Price change | $650-3.7% |
Source: Long & Foster Real Estate #1111447 Report a problem | ||
| 3/20/2011 | Listed for rent | $675 |
Source: Long & Foster Real Estate #1111447 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,678 +3.6% | $299,000 +3.6% |
| 2024 | $3,551 +29.8% | $288,700 +31.9% |
| 2023 | $2,736 +28.1% | $218,900 +28.1% |
| 2022 | $2,136 +6% | $170,900 +6% |
| 2021 | $2,016 +10.6% | $161,300 +10.6% |
| 2020 | $1,824 +8.2% | $145,900 +8.2% |
| 2019 | $1,686 +3.9% | $134,900 +3.9% |
| 2018 | $1,623 +14.9% | $129,800 +3.8% |
| 2017 | $1,412 | $125,000 +4.9% |
| 2016 | $1,412 +3% | $119,200 |
| 2015 | $1,371 | $119,200 |
| 2014 | $1,371 | $119,200 |
| 2013 | -- | $119,200 |
| 2012 | -- | $119,200 -11.6% |
| 2011 | -- | $134,900 -2.2% |
| 2010 | -- | $138,000 -20.7% |
| 2009 | -- | $174,100 -12.6% |
| 2008 | -- | $199,100 |
| 2007 | -- | $199,100 +17.7% |
| 2006 | -- | $169,100 +61% |
| 2005 | -- | $105,000 +22.7% |
| 2004 | -- | $85,600 +38.1% |
| 2003 | -- | $62,000 +4.7% |
| 2002 | -- | $59,200 +5.7% |
| 2001 | -- | $56,000 +6.9% |
| 2000 | -- | $52,400 |
Find assessor info on the county website
Neighborhood: East Ocean View
Nearby homes
- $--2 bd1 ba678 sqft9557 21st Bay St #A, Norfolk, VA 23518Off Market
- $--2 bd1 ba678 sqft9557 21st Bay St #B, Norfolk, VA 23518Off Market
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- $584,6003 bd3 ba2k sqft9569 21st Bay St, Norfolk, VA 23518Off Market
- $579,8003 bd3 ba2k sqft9571 21st Bay St, Norfolk, VA 23518Off Market
- $220,6001 bd1 ba554 sqft9549 21st Bay St, Norfolk, VA 23518Off Market
- $597,7003 bd3 ba2k sqft9573 21st Bay St, Norfolk, VA 23518Off Market
- $--2 bd1 ba552 sqft9562 20th Bay St #2A, Norfolk, VA 23518Off Market
Nearby schools
GreatSchools rating
- 2/10Little Creek Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 3/10Azalea Middle SchoolGrades: 6-8Distance: 1.6 mi
- 2/10Lake Taylor High SchoolGrades: 9-12Distance: 4 mi
Schools provided by the listing agent
- Elementary: Little Creek Elementary
- Middle: Azalea Gardens Middle
- High: Lake Taylor
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Virginia
- Norfolk City
- Norfolk
- 23518
- East Ocean View
- 9557 21st Bay St
Nearby cities
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