Home/Virginia/Norfolk/COLONIAL HEIGHTS/725 Mayfield AVE, NORFOLK VA 23518
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Coming Soon
Active
Under Contract
Sold

64 days on market

✨ New Construction

$475,000

725 Mayfield Ave

Norfolk, Virginia 23518

MLS# 10615503 · COLONIAL HEIGHTS · Norfolk VA

Updated Mar 13, 2026 · Source: REIN MLS

Est. payment

$2,986/mo

Edit below

Price / sq ft

$211

2,250 sq ft

Days on market

64

HOA

None

Year built

2025

1 yrs old

Beds

4

Full Baths

2

Half Baths

1

Sq Ft

2,250

Garage

Yes

ResidentialTraditional2 StorySingle FamilyNew ConstructionWaterfront — Not Waterfront

Schools

Info provided by GreatSchools

About this home

*** Seller offering up to $9,750 in buyer concessions with acceptable offer when using builder's preferred lender and title company *** This stunning new EDC home offers 4 spacious bedrooms, 2.5 baths, a formal dining room, living and family rooms, and a 2-car garage. The open floor plan features 9-ft ceilings, luxury vinyl plank flooring, and a gourmet kitchen with granite countertops, stainless steel appliances, pe…

Listed by Julian Rivera · Iron Valley Real Est Norfolk

Location & Neighborhood

Location & Street View

725 Mayfield AVE, Norfolk

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Map data ©Google. Click and drag inside the map to explore the surrounding area.

Flood Risk

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Property Details

Bedrooms

4

Full Baths

2

Half Baths

1

Approx Sq Ft

2,250

Stories

2

Fireplaces

0

Flooring

Carpet, Ceramic, Laminate/LVP

Heating

Heat Pump

Cooling

Zoned

Laundry

Interior Features

Fireplace Electric, Primary Sink-Double, Walk-In Closet

Appliances

Dishwasher, Dryer Hookup, Microwave, Elec Range, Washer Hookup

Sale & Tax History

List Price

$475,000

Price / Sq Ft

$211

Annual Taxes

$4,591

Monthly Tax

$383

HOA

None

Tax Rate (effective)

0.97%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMar 6, 2026$475,000
Currently listed$475,000

Public-Records Assessment

Source: Norfolk via Hampton Roads Regional Parcels. Fetched May 8, 2026.

129% above assessment

Total Assessed

$207,800

Land

$72,500

Improvement

$135,300

Parcel ID: 1540041423 · 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:

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.

About buying in Norfolk

Norfolk offers some of the most diverse housing options in Hampton Roads — historic Ghent townhomes, Larchmont craftsmen, modern downtown condos, and bungalow neighborhoods in Park Place and Colonial Place. As home to Naval Station Norfolk (the largest naval complex in the world) and the headquarters of NATO Allied Command Transformation, the city has consistent demand from active-duty military, DoD civilians, and contractors, making it especially friendly to VA loan buyers.

See more Norfolk homes for sale →

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.

Estimate your monthly payment

$2,986/mo

Principal & interest

$2,465

Property tax

$383

Home insurance

$139

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 Iron Valley Real Est Norfolk · MLS# 10615503

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

OFF MARKET

$475,000

725 Mayfield AVE, NORFOLK VA 23518

Norfolk, Virginia 23518

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Quick Facts

TypeResidential
Year Built2025
Lot Size
Taxes$4,591/yr
HOANone
HeatingHeat Pump
CoolingZoned

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