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NorfolkALGONQUIN PARK7423 Chipping Rd✓ Source: REIN MLS #10620778 · record updated Sep 18, 2026 · synced every 2 min · your inquiry is never resold
7423 Chipping RD, NORFOLK VA 23505 - Main photo
7423 Chipping RD, NORFOLK VA 23505 - Photo 2
7423 Chipping RD, NORFOLK VA 23505 - Photo 3
7423 Chipping RD, NORFOLK VA 23505 - Photo 4
7423 Chipping RD, NORFOLK VA 23505 - Photo 5
5beds
3.1baths
5,100sqft
211days on market

7423 Chipping Rd, Norfolk, VA 23505

Under ContractResidential · built 1923 · ALGONQUIN PARK

Facts & features

Type

Residential

Year built

1923

Price / sqft

$118

HOA

None

Taxes

$7,902/yr

County

Norfolk VA

MLS #

10620778

Interior

Bedrooms
5
Full baths
3
Half baths
1
Approx. sqft
5,100
Stories
3
Flooring
Carpet, Slate, Vinyl, Wood
Ensuite bedrooms
1
Total rooms
13
Other rooms
Breakfast Area, Foyer, Office/Study, Pantry, Spare Room, Utility Room
Appliances
Dishwasher, Disposal, Dryer Hookup, Elec Range, Refrigerator, Washer Hookup
Equipment
Ceiling Fan

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Crawl
Roof
Metal,Slate
Exterior
Aluminum
Pool
No Pool
Fencing
Back Fenced

Utilities & systems

Heating
Electric, Nat Gas, Radiator, Zoned
Cooling
16+ SEER A/C, Central Air, Zoned
Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.3700
Subdivision
ALGONQUIN PARK
Zoning
R-1
Ownership
Fee Simple
Garage
No
Parking
Off Street, Driveway Spc
Possession
CLOSING
Disclosures
Disclosure Statement

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

About this home

Located in Norfolk's established Algonquin Park, this 1923 home offers 5,100 sqft of living space including 5BR & 3 1/2 BA, with the space, layout, & character that come with homes of this era. Thoughtful updates have been made over time, while still leaving room for the next owner's vision to come to life. Situated on a generous lot with a spacious backyard that is great for relaxing or entertaining. Algonquin Park is known for its tree-lined streets and convenient proximity to NAS Norfolk, downtown, Ghent, Lafayette River, interstates, shopping & dining. This home offers space, location, & lasting value.

Listing courtesy of Erick Rivera · Virginia Commonwealth Realty · REIN MLS #10620778

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

A century-old Norfolk residence at 7423 Chipping Road delivers rare scale — five bedrooms, three and a half baths, and 5,100 square feet — just six minutes from Naval Station Norfolk. Classic 1923 architecture, generous room sizes, and a location that puts daily life within easy reach make this address genuinely hard to replicate.

Read the full overview ↓

Why this home stands out

Properties this size in Norfolk's established neighborhoods rarely surface, and 1923 construction at this square footage is even rarer. You're getting the bones of a century-old home — thick walls, generous proportions, rooms that feel like rooms rather than closets — paired with a location that sits almost equidistant between Naval Station Norfolk and MARFORCOM Norfolk. Five bedrooms gives you flexibility that smaller homes simply can't offer: home office, guest suite, hobby room, and still have bedrooms left over.

ALGONQUIN PARK and the Norfolk real estate market

Chipping Road sits in a mature, tree-lined section of Norfolk where the houses have history and the neighbors have been around long enough to wave hello. The surrounding streets carry that early-twentieth-century rhythm — wide lots, established landscaping, and homes that were built to last rather than built to flip. Norfolk itself is one of Hampton Roads' most layered cities: a working waterfront, a serious arts scene anchored by the Chrysler Museum, and a street grid that connects you to Virginia Beach, Chesapeake, and Portsmouth without a complicated commute. The 23505 zip code sits in the city's northern tier, which keeps you close to the water and close to the bases without feeling like you're living inside either one. Families comparing homes for sale in Norfolk often find that this part of the city offers the kind of established character that newer subdivisions take decades to develop.

What's nearby

Daily errands and casual meals are genuinely walkable from 7423 Chipping Road. Millers coffee shop is four-tenths of a mile away — close enough to make it a morning routine. Within half a mile you'll also find Little Caesars Pizza, Homemade Pierogi, and Wan Shung Chinese Restaurant, so weeknight dinners have options. Green space is equally close: Titustown Park and North Shore Road Playground are both within half a mile, and Riverpoint Playground is under a mile out. Whether you're walking the dog, pushing a stroller, or just stretching your legs after work, the neighborhood gives you somewhere to go.

For different buyers

For military families relocating

Six minutes to Naval Station Norfolk and six minutes to MARFORCOM Norfolk — that's a commute most service members would take without hesitation. Five bedrooms means deployments, PCS moves, and extended family visits all have a place to land. VA loan eligibility can stretch further on a home this size, and the 23505 location keeps BAH working in your favor. This is the kind of address that makes a military assignment in Hampton Roads feel like a genuine win.

For families upgrading

If your current home has you playing Tetris with furniture and scheduling bathroom time like a military operation, 5,100 square feet at 7423 Chipping Road is the reset you've been waiting for. Five bedrooms and three and a half baths means everyone gets space — and you still have room left over for whatever comes next. Families comparing homes for sale zoned for Kings Daughters Hosp. Ep. and homes for sale zoned for Camp Allen Elementary School will find this address sits in a well-connected part of Norfolk with parks, restaurants, and coffee all under a mile away.

More buyer questions

How far is 7423 Chipping Road from Naval Station Norfolk?

Naval Station Norfolk is approximately six minutes by car from 7423 Chipping Road, making it one of the more convenient addresses in the city for active-duty personnel. MARFORCOM Norfolk is also about six minutes away, so the location works well regardless of which installation you're attached to.

What is the square footage of 7423 Chipping Road?

The home measures 5,100 square feet with five bedrooms and three and a half baths — an unusually large footprint for a 1923-era single-family residence in Norfolk.

Is 7423 Chipping Road in a flood zone?

Flood zone designation for this address is covered in the FloodRisk tile on this page, which pulls current FEMA map data. Review that section for the most accurate and up-to-date flood zone classification.

Are there parks near 7423 Chipping Road?

Yes — Titustown Park and North Shore Road Playground are both within half a mile, and Riverpoint Playground is under a mile away. It's a walkable area for families who spend time outdoors.

Can a VA loan be used to purchase a home at 7423 Chipping Road?

VA loan eligibility is tied to the buyer's service status and entitlement, not the property address — so yes, a qualified veteran or active-duty buyer could use a VA loan here. Given the home's size and the area's proximity to Naval Station Norfolk, this address is a natural fit for buyers exploring that financing path.

Tom and Dariya Milan know this part of Norfolk well. Reach out to get a straight answer on 7423 Chipping Road — no pressure, just the information you need to make a smart decision.

Summary generated by AI from public records and publicly available information.

Homes like this one sell fast — see the next one first

Norfolk$510K – $690K5+ beds

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Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 510104

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone A

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

Explore this neighborhood

Wards Corner

Wards Corner is a residential neighborhood in Norfolk, Virginia, characterized by tree-lined streets and a mix of single-family homes and modest multi-unit properties.

1

For sale now

$74K

HH income

49%

Owner-occupied

U.S. Census ACS 2024 5-year

Explore Wards Corner
Map of Wards Corner 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

$3,947/mo

Principal & interest

$3,113

Property tax

$659

Home insurance

$175

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. 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

93% of $642,400

City assessment record · taxes $7,902/yr

Land share of assessed value

29% — $189,500

Improvements $452,900 · assessor record ✓

Price context — similar nearby homes

$845,000$1,595,000

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.

1048 Algonquin RD · 0.1 mi · 5,605 sqft$1,469,000 sold 2026-06
413 Ridgeley RD · 0.6 mi · 5,230 sqft$1,365,000 sold 2026-05
512 Oak Grove RD · 0.3 mi · 4,600 sqft$1,285,500 sold 2026-01

Own a home nearby? See what it is worth today — What's your Norfolk home worth?

Sale & Tax History

List Price

$600,000

Price / Sq Ft

$118

Annual Taxes

$7,902

Monthly Tax

$659

HOA

None

Tax Rate (effective)

1.32%

Sale Timeline (this listing)

EventDatePriceDetail
ListedFeb 19, 2026$600,000
Price reducedAug 3, 2026$600,000−$44,000
Currently listed$600,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

7% below assessment

Total Assessed

$642,400

Land

$189,500

Improvement

$452,900

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

Is 7423 Chipping Rd in a good school zone?+
The assigned zones on the listing record are Sewells Point Elementary (VaHome School Score 4/10), Blair Middle (VaHome School Score 3.5/10), Maury (VaHome School Score 3.8/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 7423 Chipping Rd 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.
Are there parks near 7423 Chipping Rd?+
Titustown Park is about 0.5 miles away.
Does 7423 Chipping Rd have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 7423 Chipping Rd built?+
It was built in 1923, 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

Brokered by LPT Realty · Hampton Roads · answer their own phone

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

Listing courtesy of Erick Rivera · Virginia Commonwealth Realty · REIN MLS #10620778

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

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7423 Chipping Rd, Norfolk — photo

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

Call or text (757) 777-7577

7423 Chipping Rd, Norfolk, Virginia 23505 · MLS #10620778 · 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.