25 days on market
$245,000
1016 Thoroughgood Way #307
Chesapeake, Virginia 23324
MLS# 10629493 · SOUTH NORFOLK · Chesapeake VA
Updated 14 hours ago · Source: REIN MLS
Est. payment
$1,544/mo
Edit below
Price / sq ft
$195
1,255 sq ft
Days on market
25
HOA
None
Year built
2015
11 yrs old
Beds
2
Full Baths
2
Half Baths
0
Sq Ft
1,255
Garage
No
About this home
Beautifully maintained, one-owner, 3rd-floor condo with elevator access in a secure-entry building. This open-concept home offers a bright, airy layout with a private balcony—great for relaxing. Gated parking adds convenience and peace of mind. Ideally located near downtown Norfolk, Waterside District, military bases, shipyard, interstates, dining, shopping, and entertainment venues. Adjacent to the Chesapeake Public…
Listed by Sherri Bryant · AtCoastal Realty
VaHome Team property overview
Meet 1016 Thoroughgood Way #307 — a 2-bedroom, 2-bath condo in Chesapeake's South Norfolk neighborhood, built in 2015 with 1,255 square feet of thoughtfully designed living space. You're two minutes from Norfolk Naval Shipyard and steps from parks, coffee, and everyday essentials.
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Why this home stands out
Built in 2015, this third-floor condo delivers modern construction in one of Chesapeake's most strategically located pockets. Two full baths, two bedrooms, and 1,255 square feet give you real breathing room without the upkeep of a single-family home. The location is the headline: Norfolk Naval Shipyard is literally two minutes away, USCG Base Portsmouth is three, and Johnson Park is a 0.1-mile stroll from your front door.
SOUTH NORFOLK and the Chesapeake real estate market
South Norfolk is one of Chesapeake's most historically rooted communities — a tight-knit, walkable neighborhood with a working-waterfront character shaped by generations of military and maritime families. The streets here feel genuine: corner shops, neighborhood parks, and the Elizabeth River never far from view. While you're searching homes for sale in chesapeake va 23321, South Norfolk stands out for its unbeatable proximity to two major installations and its easy access to the broader Hampton Roads highway network. Chesapeake as a city brings a lot to the table — strong infrastructure, no state income tax on military pay for eligible service members, and a cost-of-living profile that makes ownership genuinely attainable. South Norfolk sits in the northeastern corner of Chesapeake, putting you close to Portsmouth and Norfolk without the congestion of living inside either city. Daily life here is grounded and convenient.
What's nearby
Daily errands are quick from 1016 Thoroughgood Way. Johnson Park is just 0.1 miles away — a natural first stop for a morning walk or an afternoon outside. Rich Port Coffee at 0.2 miles and Dunkin' at 0.3 miles cover your caffeine routine. When it's time to eat, Southside BBQ & Catering is 0.2 miles out and Mak's Chinese Restaurant is 0.3 miles. Dollar General and In and Out Smoke Shop and Deli both sit within 0.4 miles for quick grocery runs, with Shop 'N'Go another option at 0.8 miles. Lakeside Park and the Elizabeth River Boat Landing and Park round out the outdoor options within a half mile.
For different buyers
For military families relocating
Norfolk Naval Shipyard is two minutes from your door — and USCG Base Portsmouth is three. For active-duty families, that commute is almost unheard of in Hampton Roads. A VA loan can make this 2015-built condo even more accessible, and your BAH in the E-6 to O-3 range aligns well with ownership at this address. Less time in the car means more time at home.
For first-time buyers
A 2015-built condo with two bedrooms, two full baths, and 1,255 square feet is a strong starting point. You're not inheriting someone else's deferred maintenance — modern construction means updated systems and finishes from the ground up. South Norfolk's real estate listings in chesapeake va show this neighborhood punches above its weight for value, and the walkable access to parks, coffee, and food makes daily life feel effortless from day one.
Frequently asked questions
How far is 1016 Thoroughgood Way #307 from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately 2 minutes by car from this address — one of the shortest base commutes available anywhere in Chesapeake or Portsmouth.
How far is 1016 Thoroughgood Way #307 from USCG Base Portsmouth?
USCG Base Portsmouth is about 3 minutes away, making this condo an exceptional location for Coast Guard personnel looking to minimize their daily commute.
Is 1016 Thoroughgood Way #307 part of an HOA?
Yes, this condo is part of a homeowners association — typical for a condominium community of this type.
What is the flood zone status for 1016 Thoroughgood Way #307?
Flood zone information for this address is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the most accurate designation.
What parks are near 1016 Thoroughgood Way in South Norfolk?
Johnson Park is just 0.1 miles away, Lakeside Park is 0.5 miles out, and the Elizabeth River Boat Landing and Park is 0.6 miles — giving you solid outdoor options within easy walking distance.
Want to know more about 1016 Thoroughgood Way #307 or other properties in South Norfolk? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
1016 Thoroughgood WAY #307, Chesapeake
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
2
Full Baths
2
Half Baths
0
Approx Sq Ft
1,255
Stories
1
Fireplaces
0
Flooring
Carpet, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
Sale & Tax History
List Price
$245,000
Price / Sq Ft
$195
Annual Taxes
$2,412
Monthly Tax
$201
HOA
None
Tax Rate (effective)
0.98%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Apr 25, 2026 | $245,000 | — |
| Currently listed | — | $245,000 | — |
Public-Records Assessment
Source: Chesapeake via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$232,800
Land
$55,000
Improvement
$177,800
Parcel ID: 1270002000720 · View on city GIS portal
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.
About buying in Chesapeake
Chesapeake is Virginia's second-largest city by area and offers a mix of suburban subdivisions, rural acreage, and waterfront properties along the Intracoastal Waterway. Western Branch, Greenbrier, and Great Bridge are among the most sought-after neighborhoods, with top-rated public schools and easy access to I-64 and the Chesapeake Expressway. The city is known for lower property taxes and larger lot sizes compared to neighboring Virginia Beach and Norfolk, which makes it especially attractive to families looking for more space.
Military Commute
Drive times to nearest basesDrive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.
Estimate your monthly payment
$1,544/moPrincipal & interest
$1,271
Property tax
$201
Home insurance
$71
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by AtCoastal Realty · MLS# 10629493
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$245,000
1016 Thoroughgood WAY #307, CHESAPEAKE VA 23324
Chesapeake, Virginia 23324
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