34 days on market
$474,900
725 Mayfield Ave
Norfolk, Virginia 23518
MLS# 10625093 · COLONIAL HEIGHTS · Norfolk VA
Updated May 1, 2026 · Source: REIN MLS
Est. payment
$2,985/mo
Edit below
Price / sq ft
$211
2,250 sq ft
Days on market
34
HOA
None
Year built
2025
1 yrs old
Beds
4
Full Baths
2
Half Baths
1
Sq Ft
2,250
Garage
Yes
Schools
- ElementaryNorview Elementary School4/10
- MiddleNorview Middle School2/10
- 2/10
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
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
4
Full Baths
2
Half Baths
1
Approx Sq Ft
2,250
Stories
2
Fireplaces
0
Flooring
Laminate/LVP
Heating
Heat Pump
Cooling
Central Air,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
$474,900
Price / Sq Ft
$211
Annual Taxes
$4,591
Monthly Tax
$383
HOA
None
Tax Rate (effective)
0.97%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Apr 5, 2026 | $474,900 | — |
| Currently listed | — | $474,900 | — |
Public-Records Assessment
Source: Norfolk via Hampton Roads Regional Parcels. Fetched May 8, 2026.
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:
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
Homes for sale in Norfolk, VA range from historic district townhouses in Ghent (23507) and waterfront condos along the Elizabeth River to ranch-style family homes in Larchmont, Lochaven, and Lafayette-Winona. As the cultural and economic heart of Hampton Roads, Norfolk offers something for nearly every buyer: $200K starter homes in Ocean View (23503, 23518), $400K-$600K Craftsman bungalows in Ghent and West Ghent (23517), executive homes near Old Dominion University (23508), and luxury riverfront properties in Larchmont and Algonquin Park. Norfolk's biggest employer is Naval Station Norfolk — the largest naval base in the world — and the city is also home to Norfolk Naval Shipyard, Eastern Virginia Medical School, Old Dominion University, and Norfolk State University. The active-duty military and academic communities drive steady year-round demand. Public schools include Maury High School in Ghent and Granby High School in Ocean View, and historically strong specialty programs at the Governor's School for the Arts. Buyers searching the 23510 (downtown) and 23508 (West Ghent / ODU corridor) ZIP codes will find the strongest mix of urban walkability and historic architecture; 23503 and 23518 (Ocean View) offer the most affordable waterfront entry points in Hampton Roads. The Norfolk MLS inventory below updates every 5 minutes from the REIN feed.
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
$2,985/moPrincipal & interest
$2,464
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# 10625093
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$474,900
725 Mayfield AVE, NORFOLK VA 23518
Norfolk, Virginia 23518
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