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NorfolkCOLONIAL PLACE414 Delaware Ave #220✓ Source: REIN MLS #10634319 · record updated Jul 11, 2026 · synced every 2 min · your inquiry is never resold
414 Delaware AVE #220, NORFOLK VA 23508 - Main photo
414 Delaware AVE #220, NORFOLK VA 23508 - Photo 2
414 Delaware AVE #220, NORFOLK VA 23508 - Photo 3
414 Delaware AVE #220, NORFOLK VA 23508 - Photo 4
414 Delaware AVE #220, NORFOLK VA 23508 - Photo 5
$205,000
$183 / sqft · est. $1,692/mo →
2beds
2baths
1,122sqft
61days on market

414 Delaware Ave #220, Norfolk, VA 23508

ActiveResidential · built 2024 · COLONIAL PLACE

About this home

The listing, in the seller's words

Nestled in the Only Gated Community in Colonial Place this like-new 2 bedroom, 2 bathroom condominium at Lafayette Cove. This beauty offers a primary spacious en-suite w/ tons of closet space, Galley kitchen with stainless steel appliances, bar seating for entertaining Beautiful LVP flooring . In Unit Stack Washer and Dryer. There's a boat launch at the end of the block and a great dog park across the street. That Dog Park will continue to be upgraded by the local Civic League. Nearby to the military bases, ODU, EVMS, restaurants, shopping.

Listing courtesy of James Davis · North End Realty Group · REIN MLS #10634319

VaHome team overview

Our read on this home

At a glance

414 Delaware Ave #220 is a two-bedroom, two-bath condo in Norfolk's walkable Colonial Place neighborhood, built in 1988 and offering 1,122 square feet of comfortable living just minutes from Naval Medical Center Portsmouth and a lively stretch of local restaurants and green spaces.

Read the full overview ↓

Why this home stands out

What sets this address apart is its location inside Colonial Place — one of Norfolk's most cohesive, walkable urban neighborhoods — combined with a condo format that keeps exterior maintenance off your plate. At 1,122 square feet across two bedrooms and two full baths, the layout gives each occupant genuine privacy. Add a Colonial Place Dog Park literally 0.1 miles away and a greenway two blocks out, and daily life here has a rhythm that larger suburban properties rarely match.

COLONIAL PLACE and the Norfolk real estate market

Colonial Place is one of those Norfolk neighborhoods that earns real loyalty from the people who live there. Tree-lined streets, a strong sense of community identity, and a walkable core make it stand out among homes for sale Norfolk-wide. The neighborhood wraps around Colonial Circle and connects to the Colonial Place Greenway, giving residents easy access to green space without ever getting in a car. The surrounding blocks mix well-kept single-family homes with low-rise condos, creating a diverse but cohesive streetscape. Norfolk itself is a city of distinct, character-driven neighborhoods, and Colonial Place sits comfortably among the most livable of them. You're close to the water, close to the action, and close enough to multiple military installations to make commutes genuinely manageable — yet the neighborhood itself feels like a proper place to put down roots rather than just a convenient address.

What's nearby

Step outside and daily errands practically handle themselves. Lo Mo Pizzeria, blanca Food+Wine, and MJ's Tavern are all within 0.2 miles — a walkable dinner rotation most addresses can't match. For groceries, NuLand Hot Stuff Company is half a mile out, with Westside Produce and Provisions and The Ten Top Market both under a mile. Coffee runs are covered by The Cage Kids Cafe and The Bird, each about 0.5 miles away. The Colonial Place Dog Park and Colonial Circle are a short walk at 0.1 miles, and the Colonial Place Greenway is just 0.2 miles out. Tennis courts at Lafayette Park round out the active options at 0.3 miles.

For different buyers

For military families relocating

Naval Medical Center Portsmouth is a six-minute drive from 414 Delaware Ave #220, and USCG Base Portsmouth is just seven minutes out. For military households, that kind of proximity makes BAH stretch further and keeps long commutes off the daily schedule. The condo format also means less weekend maintenance and more time for what actually matters — especially useful during deployments or frequent duty-schedule changes.

For first-time buyers

If you're searching for a house for sale norfolk va and wondering where a first purchase actually makes sense, Colonial Place condos are worth a serious look. At 1,122 square feet with two full baths, this isn't a starter unit you'll outgrow in a year. The walkable neighborhood, low-maintenance condo structure, and proximity to restaurants and parks mean you get a full lifestyle alongside a smart entry point into Norfolk homeownership.

More buyer questions

How far is 414 Delaware Ave #220 from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is approximately six minutes by car from this address. The straightforward cross-river route keeps the commute predictable even during peak hours.

Is 414 Delaware Ave #220 part of an HOA?

Yes, the property is a condo unit and is subject to a homeowners association. HOA membership typically covers exterior maintenance and common-area upkeep, though you'll want to review the specific governing documents for full details.

What is the flood risk at 414 Delaware Ave #220?

Flood zone designation for this address is displayed in the FloodRisk tile on this page. We recommend reviewing that information and consulting with your insurance agent before making any purchase decisions.

How walkable is the Colonial Place neighborhood around this address?

Very walkable — restaurants, a dog park, a greenway, and grocery options are all within half a mile, and several dining spots are just 0.2 miles from the front door.

Can a VA loan be used to purchase a condo like 414 Delaware Ave #220?

A VA loan can be used to purchase a condo, but the condo complex must be on the VA's approved list or go through a spot-approval process. Your lender can confirm eligibility for this specific building before you proceed.

Want to know more about 414 Delaware Ave #220 or explore other options in Colonial Place? 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.

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

2024

Price / sqft

$183

Condo fee

$366/mo

Taxes

$2,430/yr

County

Norfolk VA

Waterfront

Yes

MLS #

10634319

Interior

Bedrooms
2
Full baths
2
Approx. sqft
1,122
Stories
1
Flooring
Laminate/LVP, Vinyl
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
6
Other rooms
1st Floor BR, 1st Floor Primary BR, Breakfast Area, Utility Closet
Appliances
220 V Elec, Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer

Construction & exterior

Style
Lo Rise
Subtype
Attached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Waterfront
Not Waterfront

Utilities & systems

Heating
Heat Pump
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.0258
Subdivision
COLONIAL PLACE
Unit / floor
1
Ownership
Condo
Garage
No
Parking
1 Space, Assigned/Reserved, Close to Mass Transit, Street
Possession
SETTLEMENT
Miscellaneous
Pet Restrictions
Disclosures
Resale Certif Req

See more Norfolk condos & townhomes.

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

Flood & environment

FEMA flood zone AE · base flood elevation 8 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 510104

Flood Risk

Looking up FEMA flood zone…

Zone AE typically means lenders require flood insurance — factor it into the monthly numbers below.

Hurricane Evacuation Zone

Evacuation Zone A

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

Explore this neighborhood

Colonial Place

Colonial Place is a historic residential neighborhood in Norfolk, Virginia, known for its tree-lined streets and early 20th-century architecture.

$365K

Median sale · 12 mo

$242

Sold $/sq ft

12d

Days on market

11

For sale now

$85K

HH income

56.4%

Owner-occupied

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

Explore Colonial Place
Map of Colonial Place with neighborhood boundaryNeighborhood

houses for sale in Norfolk

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

$1,692/mo

Principal & interest

$1,064

Property tax

$203

Home insurance

$60

PMI

None

HOA

$366

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

Asking vs. assessment

103% of $199,700

City assessment record · taxes $2,430/yr

Land share of assessed value

11% — $22,600

Improvements $177,100 · assessor record ✓

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

$190,000$285,900

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.

388 Boush ST #302 · 2.3 mi · 1,117 sqft$258,000 sold 2026-05
388 Boush ST #122 · 2.3 mi · 1,097 sqft$255,000 sold 2026-03
435 Monticello Ave NONE #400A · 2.2 mi · 1,080 sqft$190,000 sold 2026-05

Sale & Tax History

List Price

$205,000

Price / Sq Ft

$183

Annual Taxes

$2,430

Monthly Tax

$203

Condo fee

$366 / mo

Tax Rate (effective)

1.19%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 11, 2026$205,000
Price reducedJul 11, 2026$205,000−$2,500
Currently listed$205,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

Asking near assessment

Total Assessed

$199,700

Land

$22,600

Improvement

$177,100

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:

Norfolk 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.

Market tempo

61 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Real questions, answered from the record

Is 414 Delaware Ave #220 in a good school zone?+
The assigned zones on the listing record are Granby Elementary (GreatSchools 5/10), Blair Middle (GreatSchools 4/10), Maury (GreatSchools 3/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 414 Delaware Ave #220 in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 8 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Is there a gym near 414 Delaware Ave #220?+
Yes — Tennis courts at Lafayette Park is about 0.3 miles away, per the cached nearby-places record for this address.
Are there parks near 414 Delaware Ave #220?+
Colonial Place Dog Park is about 0.1 miles away.
Where is the nearest grocery store to 414 Delaware Ave #220?+
NuLand Hot Stuff Company is about 0.5 miles away. The closest dining on record is Lo Mo Pizzeria (0.2 mi).
Does 414 Delaware Ave #220 have a condo association?+
Yes — condo association fees are on record for this unit (the current amount is shown in the facts section on this page). The association of record is Lafayette.
When was 414 Delaware Ave #220 built?+
It was built in 2024, 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

TD

Tom & Dariya Milan

LPT Realty · Hampton Roads · answer their own phone

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

Listing courtesy of James Davis · North End Realty Group · REIN MLS #10634319

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.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

414 Delaware Ave #220, Norfolk — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

414 Delaware Ave #220, Norfolk, Virginia 23508 · MLS #10634319 · 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.