Norfolk › ALGONQUIN PARK › 7423 Chipping Rd✓ Source: REIN MLS #10620778 · record updated Sep 25, 2026 · synced every 2 min · your inquiry is never resold

7423 Chipping RD, NORFOLK VA 23505 - Main photo

$580,000

5beds

3.1baths

5,100sqft

211days on market

7423 Chipping Rd, Norfolk, VA 23505

SoldResidential · built 1923 · ALGONQUIN PARK

Facts & features

Type

Residential

Year built

1923

Price / sqft

$114

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

This 1923 Colonial sits on a spacious lot in Norfolk with five bedrooms and three full baths across 5,100 square feet. You're just six minutes from Naval Station Norfolk, making it a natural fit for anyone comparing Norfolk homes for sale in this commute zone. Original character meets room to grow.

Keep searching in Norfolk

See all Norfolk homes for sale, including homes for sale in 23505, homes for sale zoned for Kings Daughters Hosp. Ep., and homes for sale zoned for Camp Allen Elementary School. Browse every listing among homes for sale in Norfolk — updated from the REIN MLS every few minutes. Nearby, look at Wards Corner homes for sale, Norfolk waterfront homes for sale, Norfolk condos and townhomes for sale, and new construction homes in Norfolk.

Read the full overview ↓

Why this home stands out

Built in 1923, this home carries the craftsmanship and solid bones of its era. The five-bedroom layout gives you flexibility—guest rooms, a home office, or space to spread out. Three full baths mean mornings run smoother. At over 5,100 square feet on a generous lot, there's room to make this place entirely your own, whether you're updating systems or adding your own touches. The bones are strong.

ALGONQUIN PARK and the Norfolk real estate market

This Norfolk address sits in a residential pocket with tree-lined streets and established homes. Neighbors are a mix of long-time residents and newer arrivals drawn by the lot sizes and proximity to the water and bases. You'll find a walkable, quiet rhythm here—the kind of block that anchors homes for sale in 23505. Norfolk itself is a working waterfront city with Naval Station Norfolk as its anchor. Getting around is straightforward: major roads connect you to downtown Norfolk, the beach communities, and the broader Hampton Roads region. The city blends military heritage, maritime culture, and growing neighborhoods. You're never far from water access, parks, or the daily pulse of a naval hub.

What's nearby

Daily needs are close by. Millers coffee shop is a short walk at 0.4 miles. Lunch spots like Little Caesars Pizza, Homemade Pierogi, and Wan Shung Chinese Restaurant cluster within half a mile. Titustown Park and North Shore Road Playground sit nearby for outdoor time. Riverpoint Playground is just under a mile away. You can walk to most of these—groceries, food, and green space are all within easy reach.

For different buyers

Base commute and VA loan notes

Naval Station Norfolk is about six minutes away by car, and MARFORCOM Norfolk is equally close. VA loan financing is common in this area, and the lot size plus five bedrooms mean you won't outgrow the space quickly. The solid 1923 construction and established neighborhood appeal to buyers looking for stability and a quick move-in timeline.

Room to grow

Five bedrooms give you room for kids, a home office, and guests without compromise. Three full baths cut down on morning conflicts. The 5,100-square-foot footprint and generous lot mean you can expand, update, or simply enjoy the space to breathe. Original 1923 bones offer character while newer systems can be added over time.

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

Norfolk$490K – $670K5+ beds

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Schools

VaHome School Score

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

ElementaryCamp Allen Elementary School
6.1/10
MiddleBlair Middle School
3.5/10
HighKings Daughters Hosp. Ep.
—

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 (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 510104

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

9.8 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Evacuation Zone A

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

Explore this neighborhood

Wards Corner

Wards Corner is a neighborhood of homes in Norfolk, Virginia. Tree-lined streets hold a mix of single-family houses and small multi-unit buildings.

For sale now

$74K

HH income

49%

Owner-occupied

U.S. Census ACS 2024 5-year

Explore Wards Corner →

Neighborhood

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

$3,837/mo

Down payment20% · $116,000

Interest rate6.75%

Loan term30 years

Principal & interest

$3,009

Property tax

$659

Home insurance

$169

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

90% 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

$580,000

Price / Sq Ft

$114

Annual Taxes

$7,902

Monthly Tax

$659

HOA

None

Tax Rate (effective)

1.36%

Sale Timeline (this listing)

Event	Date	Price	Detail
Listed	Feb 26, 2026	$580,000	—
Price reduced	Sep 25, 2026	$580,000	−$20,000
Sold	Sep 16, 2026	$580,000	—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

10% 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

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.

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.

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

🏡 Homes for sale in Norfolk 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.

✆

7423 Chipping Rd, Norfolk, VA 23505

Facts & features

About this home

Our read on this home

Why this home stands out

ALGONQUIN PARK and the Norfolk real estate market

What's nearby

For different buyers

Base commute and VA loan notes

Room to grow

More buyer questions

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

Schools

Flood & environment

🌊 Flood Risk (FEMA)

Hurricane Evacuation Zone

Wards Corner

Minutes to real places, not a score

Location & Neighborhood

Military Commute

Run the real carrying cost

Estimate your monthly payment

Judge value on real ground

Sale & Tax History

Sale Timeline (this listing)

Public-Records Assessment

Comparable Properties

Questions buyers ask

You'll talk to a person, not a lead queue

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

Flood Risk (FEMA)