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NorfolkCOLONIAL PLACE418 Delaware Ave #205✓ Source: REIN MLS #10606349 · record updated Mar 16, 2026 · synced every 2 min · your inquiry is never resold
418 Delaware AVE #205, NORFOLK VA 23508 - Main photo
$140,000
$137 / sqft · est. $1,307/mo →
2beds
2baths
1,025sqft
149days on market

418 Delaware Ave #205, Norfolk, VA 23508

SoldResidential · built 1988 · COLONIAL PLACE

About this home

The listing, in the seller's words

This second-floor, 2-bedroom, 2-bathroom condo in the heart of Norfolk is waiting for your special touch! Conveniently located near shopping, dining, the interstate, and more! Don't miss this fantastic opportunity—schedule your showing today!

Listing courtesy of Jonathan Melvin · Benham Real Estate LLC · REIN MLS #10606349

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1988

Price / sqft

$137

Condo fee

$379/mo

Taxes

$1,924/yr

County

Norfolk VA

Waterfront

Yes

MLS #

10606349

Interior

Bedrooms
2
Full baths
2
Approx. sqft
1,025
Stories
1
Flooring
Carpet
Total rooms
5

Construction & exterior

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

Utilities & systems

Heating
Forced Hot Air
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.0258
Approx. acres
0.03
Subdivision
COLONIAL PLACE
Unit / floor
205
Ownership
Condo
Garage
No
Parking
1 Space
Possession
CLOSING
Disclosures
Bank Repo, Exempt from Disclosure/Disclaimer, Govt Owned, Spec Warranty Deed

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

10

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

$1,307/mo

Principal & interest

$726

Property tax

$160

Home insurance

$41

PMI

None

HOA

$379

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

70% of $199,700

City assessment record · taxes $1,924/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

$235,000$359,000

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.

4400 Colonial AVE · 0.1 mi · 1,184 sqft$359,000 sold 2026-04
726 W 27th ST · 0.8 mi · 1,089 sqft$305,000 sold 2026-03
6137 Hampton BLVD · 1.4 mi · 1,033 sqft$273,000 sold 2026-03

Sale & Tax History

List Price

$140,000

Price / Sq Ft

$137

Annual Taxes

$1,924

Monthly Tax

$160

Condo fee

$379 / mo

Tax Rate (effective)

1.37%

Sale Timeline (this listing)

EventDatePriceDetail
ListedDec 11, 2025$140,000
SoldMar 12, 2026$140,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

30% below 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.

Questions buyers ask

Real questions, answered from the record

Is 418 Delaware Ave #205 in a good school zone?+
The assigned zones on the listing record are James Monroe 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 418 Delaware Ave #205 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.
Does 418 Delaware Ave #205 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 Cove Condominiums.
When was 418 Delaware Ave #205 built?+
It was built in 1988, 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 Jonathan Melvin · Benham Real Estate LLC · REIN MLS #10606349

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.

418 Delaware Ave #205, Norfolk — photo

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

418 Delaware Ave #205, Norfolk, Virginia 23508 · MLS #10606349 · 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.