Chesapeake › NORFOLK HIGHLANDS › 1507 Elder Ave✓ Source: REIN MLS #10629850 · record updated May 8, 2026 · synced every 2 min · your inquiry is never resold

1507 Elder AVE, CHESAPEAKE VA 23325 - Main photo

$430,000

5beds

3baths

2,700sqft

4days on market

1507 Elder Ave, Chesapeake, VA 23325

Name: 1507 Elder AVE, Chesapeake, Virginia 23325
Brand: A Better Way Realty Inc.
Price: 430000 USD
Availability: SoldOut

SoldResidential · built 1958 · NORFOLK HIGHLANDS

About this home

The listing, in the seller's words

Beautiful, well-maintained home with a hall bathroom renovated in 2024. The 2016 addition provides a private living space with one bedroom, two-burner gas stove, refrigerator, microwave, and stacked washer and dryer. Accessible from the main home or through a separate exterior entrance with ramp access, offering flexible living options. Per seller, sewer line from the home to the city connection was replaced approximately five years ago. Don't miss this opportunity!

Listing courtesy of Anthony Teta · A Better Way Realty Inc. · REIN MLS #10629850

Schools

ElementaryNorfolk Highlands Primary School
6/10
MiddleIndian River Middle School
6/10
HighIndian River High School
3/10

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1958

Price / sqft

$159

HOA

None

Taxes

$3,394/yr

County

Chesapeake VA

Waterfront

Yes

MLS #

10629850

Interior

Bedrooms: 5
Full baths: 3
Approx. sqft: 2,700
Stories: 1
Flooring: Carpet, Other
First-floor bed & full bath: Yes
Total rooms: 8
Appliances: Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Range, Gas Range, Refrigerator, Washer, Washer Hookup

Construction & exterior

Style: Ranch
Subtype: Detached
Foundation: Crawl
Roof: Asphalt Shingle
Exterior: Vinyl
Pool: No Pool
Fencing: Chain Link,Wood Fence
Waterfront: Not Waterfront

Utilities & systems

Heating: Nat Gas
Cooling: Central Air
Water heater: Gas
Water: City/County
Sewer: City/County

Lot, parking & ownership

Subdivision: NORFOLK HIGHLANDS
Ownership: Fee Simple
Garage: No
Parking: 4 Space, Driveway Spc
Possession: CLOSING
Disclosures: Disclosure Statement

Sources: REIN MLS record · null fields are suppressed, never faked

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 510034

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone C

Source: Virginia Dept. of Emergency Management — Know Your Zone

Explore this neighborhood

Georgetown

Georgetown, also known as Georgetown Colony, is an established Chesapeake community in the Indian River area, located off Military Highway and Providence Road.

$286K

Median sale · 12 mo

$188

Sold $/sq ft

11d

Days on market

For sale now

$76K

HH income

64.9%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Georgetown →

Neighborhood

see more Chesapeake homes →

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive 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.

The numbers

Run the real carrying cost

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$2,639/mo

Down payment20% · $86,000

Interest rate6.75%

Loan term30 years

Principal & interest

$2,231

Property tax

$283

Home insurance

$125

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.

Value & history

Judge value on real ground

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$410,000 – $453,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

1707 Willow AVE · 0.3 mi · 2,400 sqft$448,000 sold 2026-04

1412 Linden AVE · 0.3 mi · 2,368 sqft$410,000 sold 2026-07

1302 Hawthorne DR #A · 0.3 mi · 2,294 sqft$445,000 sold 2026-06

Sale & Tax History

List Price

$430,000

Price / Sq Ft

$159

Annual Taxes

$3,394

Monthly Tax

$283

HOA

None

Tax Rate (effective)

0.79%

Sale Timeline (this listing)

Event	Date	Price	Detail
Listed	May 6, 2026	$430,000	—
Sold	May 7, 2026	$430,000	—

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:

Chesapeake Real Estate Assessor

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.

Questions buyers ask

Real questions, answered from the record

Is 1507 Elder Ave in a good school zone?+

The assigned zones on the listing record are Norfolk Highlands Primary (GreatSchools 6/10), Indian River Middle (GreatSchools 3/10), Indian River (GreatSchools 3/10). School attendance zones can change — always confirm enrollment with the local school division.

Is 1507 Elder Ave in a flood zone?+

FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.

Does 1507 Elder Ave have an HOA?+

No — there are no HOA, condo, or association dues on the listing record for this property.

When was 1507 Elder Ave built?+

It was built in 1958, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

Tom & Dariya Milan

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Anthony Teta · A Better Way Realty Inc. · REIN MLS #10629850

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

This one's sold — the next one doesn't have to be.

🏡 Homes for sale in Chesapeake Call or text (757) 777-7577

1507 Elder Ave, Chesapeake, Virginia 23325 · MLS #10629850 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.

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