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Sold on 05/26/2016
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508 Colonial Ave, Norfolk, VA 23507

$552,000

Last sold 05/26/2016 for $320K

  • 3

    bed

  • 2

    bath

  • 2,508

    Sqft ($128/Sqft)

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About 508 Colonial Ave

Property type House
Neighborhood
Year built 1894
HOA fee $0/month
Lot size 2,513 Sqft
Movoto estimate
Rental estimate
Property description
This 3-bedroom, 2-bathroom single-family home is located at 508 Colonial Ave, Norfolk, VA, 23507, in the Ghent neighborhood in Norfolk City County and was built in 1894. This home offers 2,508 square feet of living space on a 2,513 sq ft lot. The estimated market value is $552,000, approximately $220 per square foot.
$552K
Range: $502K-$601K
Last 30 days 
Rental est.: $1,890/month
Gross rent multiplier: 14.1
  • — Off Market
    —
  • May 2016
    Public Records
  • May 26, 2016 Sold
    $320,000 (+7.0%)
  • Year Property taxes Tax assessment
  • 2024
    $5,101
    $408,100
  • 2023
    $5,101 +1.2%
    $408,100 +1.24%
  • 2022
    $5,039 +8.2%
    $403,100 +8.16%
  • 2021
    $4,659 +2.2%
    $372,700 +2.19%
  • 2020
    $4,559 +4.6%
    $364,700
  • 2019
    $4,360 -1.1%
    $364,700 +4.56%
  • 2018
    $4,408 +7.0%
    $348,800 -13.9%
  • 2016
    $4,118 -3.5%
    $405,100
  • 2013
    $4,269
    —
  • 508 Colonial Ave
    $320K
  • Ghent
    $419K +46% y/y
  • 23507
    $345K +33% y/y
  • Norfolk
    $349K +5% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
510 Colonial Ave, Norfolk, VA 23507 $643,000 5/3 2,943 0
506 Colonial Ave, Norfolk, VA 23507 $579,000 3/2 2,494 0.01
512 Colonial Ave, Norfolk, VA 23507 $610,000 4/2 2,637 0.01
504 Colonial Ave, Norfolk, VA 23507 $610,000 4/3 2,755 0.01
514 Colonial Ave, Norfolk, VA 23507 $623,000 5/3 2,646 0.01
516 Colonial Ave, Norfolk, VA 23507 $683,000 4/3 2,955 0.02
502 Colonial Ave, Norfolk, VA 23507 $653,000 6/2 3,172 0.02
426 Fairfax Ave, Norfolk, VA 23507 $725,000 3/2 3,716 0.02

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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8/10
W.H. Taylor Elementary School
public Grades PK, K-5
Norfolk City Public Schools
4/10
Blair Middle School
public Grades 6-8
Norfolk City Public Schools
3/10
Maury High School
public Grades 9-12
Norfolk City Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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