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NorfolkALGONQUIN PARK7423 Chipping Rd✓ Source: REIN MLS #10620778 · record updated Jun 4, 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
$644,000
$126 / sqft · est. $4,188/mo →
5beds
3.1baths
5,100sqft
105days on market

7423 Chipping Rd, Norfolk, VA 23505

ActiveResidential · built 1923 · ALGONQUIN PARK

About this home

The listing, in the seller's words

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

VaHome team overview

Our read on this home

At a glance

7423 Chipping Road is a century-old, five-bedroom home on a generous third-acre lot in Algonquin Park — one of Norfolk's most established neighborhoods — sitting just six minutes from Naval Station Norfolk and offering over 5,100 square feet of living space.

Read the full overview ↓

Why this home stands out

Homes this size are genuinely rare in Norfolk's older neighborhoods. At 5,100 square feet on 0.37 acres, 7423 Chipping Road gives you the kind of room — inside and out — that most city lots simply can't deliver. Built in 1923, the property carries a century of architectural character while sitting in a neighborhood that has quietly held its identity for generations. Five bedrooms and three-and-a-half baths means there's space for everyone, plus room to grow.

ALGONQUIN PARK and the Norfolk real estate market

Algonquin Park is one of those Norfolk neighborhoods that earns loyalty. Established in the early twentieth century, it sits in the northern reaches of the city close to the Lafayette River corridor, where mature tree canopies line wide residential streets and the homes have real architectural presence. Neighbors here tend to stay, and the streets have a settled, lived-in character that newer subdivisions take decades to develop. When people searching for houses for sale in norfolk discover Algonquin Park, many are surprised to find this much space and this much history so close to the waterfront and the base. Norfolk itself is a city of distinct neighborhoods, and Algonquin Park stands out for its lot sizes, its early-twentieth-century housing stock, and its proximity to both military installations and the broader Hampton Roads metro. It's a neighborhood that rewards buyers who value roots.

What's nearby

Daily life is easy from Chipping Road. Titustown Park is just half a mile away — a solid community green space for morning walks or weekend afternoons. North Shore Road Playground and Riverpoint Playground are both under a mile, giving families multiple outdoor options within easy reach. When you're ready for food, the Homemade Pierogi shop, Wan Shung Chinese Restaurant, and Little Caesars Pizza are all within 0.6 miles — a genuinely varied little dining cluster for a neighborhood street. Millers coffee shop is right there too, also at 0.6 miles, which makes the morning routine considerably easier.

For different buyers

For military families relocating

Naval Station Norfolk and MARFORCOM Norfolk are both a six-minute drive from 7423 Chipping Road — about as close as you can get while still living in a full-sized neighborhood home. For military families weighing a VA loan and trying to maximize BAH, a five-bedroom, 5,100-square-foot house this close to two major installations is a combination that rarely comes together in one address.

For families upgrading

If your current home has started to feel tight, 7423 Chipping Road answers that problem directly. Five bedrooms, three-and-a-half baths, and more than 5,100 square feet on a third-acre lot gives a growing family room to spread out — dedicated space for home offices, guest rooms, playrooms, or whatever the next chapter requires. The lot size alone sets this property apart from most of what you'll find in the city.

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 this one of the closer residential addresses to the base in the Norfolk market. MARFORCOM Norfolk is also about six minutes away.

What neighborhood is 7423 Chipping Road in?

The property sits in Algonquin Park, an established early-twentieth-century neighborhood in northern Norfolk known for its mature streetscapes, larger lot sizes, and proximity to the Lafayette River corridor.

How old is the house at 7423 Chipping Road?

The home was built in 1923, making it just over a century old — a property with genuine architectural history in one of Norfolk's most enduring residential neighborhoods.

Is 7423 Chipping Road in a flood zone?

Flood zone information for this address is detailed in the FloodRisk tile on this page, which pulls current FEMA map data for the specific parcel.

What parks are near 7423 Chipping Road?

Titustown Park is about half a mile away, North Shore Road Playground is 0.6 miles, and Riverpoint Playground is under a mile — giving you three distinct outdoor spaces within easy walking or biking distance.

Ready to walk through 7423 Chipping Road in person? Tom and Dariya Milan at LPT Realty know Algonquin Park well — reach out and let's set up a visit.

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

1923

Price / sqft

$126

HOA

None

Taxes

$7,902/yr

County

Norfolk VA

Waterfront

Yes

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
Waterfront
Not Waterfront

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

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

Larchmont

Larchmont is a residential neighborhood in Norfolk, Virginia, characterized by tree-lined streets and a mix of mid-century homes. The area offers a quiet, established feel with mature landscaping that creates a peaceful living environment.

$513K

Median sale · 12 mo

$236

Sold $/sq ft

13d

Days on market

25

For sale now

$144K

HH income

76.7%

Owner-occupied

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

Explore Larchmont
Map of Larchmont 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

$4,188/mo

Principal & interest

$3,342

Property tax

$659

Home insurance

$188

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.

Value & history

Judge value on real ground

Asking vs. assessment

100% of $642,400

City assessment record · taxes $7,902/yr

Land share of assessed value

29% — $189,500

Improvements $452,900 · 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

$747,000$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

Sale & Tax History

List Price

$644,000

Price / Sq Ft

$126

Annual Taxes

$7,902

Monthly Tax

$659

HOA

None

Tax Rate (effective)

1.23%

Sale Timeline (this listing)

EventDatePriceDetail
ListedFeb 19, 2026$644,000
Price reducedJun 4, 2026$644,000−$5,900
Currently listed$644,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

Asking near 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.

Market tempo

105 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 7423 Chipping Rd in a good school zone?+
The assigned zones on the listing record are Sewells Point Elementary (GreatSchools 6/10), Blair Middle (GreatSchools 4/10), Maury (GreatSchools 3/10). 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

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

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

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.