$395,000

1416 Melrose Pkwy Norfolk, VA 23508

$4,691
Closing credit¹
4 beds
2 full
1,477 sqft
0.08 acres
$267 / sqft
House

Property details

About 1416 Melrose Pkwy

BIG TICKET ITEMS REPLACED in this home with timeless charm in the Heart of Larchmont! Welcome to this ranch style home, where classic character meets modern comfort! Nestled in the sought-after Larchmont neighborhood, just blocks from ODU, this updated gem invites you to relax on the spacious screened-in porch, where morning coffee and evening breezes become a daily ritual. Inside, the cozy living room with a decorative fireplace exudes warmth, creating the perfect space to gather and unwind. With significant upgrades throughout, including a new architectural roof, updated electrical, and new HVAC, this home offers peace of mind and effortless living. Surrounded by tree-lined streets, top schools, shopping, bases, and entertainment, this is more than a home—it’s a lifestyle. Don’t miss this incredible opportunity—schedule your private tour today!

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size1,477 sqft
BasementYes
Lot size0.0804 Acres
Year built1920
ParkingStreet
MLS #10572367
FireplaceDecorative

Summary

  • MLS Number: 10572367
  • Office Name: Keller Williams Richmond West
  • Listing Agent: Debbie Reynolds

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kitchen featuring open shelves, a fireplace, a sink, open floor plan, and black appliances

$395,000

1416 Melrose Pkwy

$4,691

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$272,700$3,408
2023$257,800$3,222
2022$243,000$3,037
2021$226,100$2,826
2020$221,800$2,672
2019$213,800$2,595
2018$207,600$2,595
2017$218,600$2,513

History based on county public records data.

Nearby schools

6

Larchmont Elementary School

Public District PK-5

0.5 mi

1145 Bolling Ave

3

James Monroe Elementary School

Public District PK-5

1.3 mi

520 W 29th St

8

W. H. Taylor Elementary School

Public District PK-5

1.4 mi

1122 W Princess Anne Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $73,750. Residents of Norfolk, VA typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

13%
<35k
47%
35k-100k
31%
100k-200k
9%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

52%
Single, No Kids
5%
Single, with Kids
19%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
44%
18-34 yrs old
30%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Hiking/backpackingHiking/backpacking
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • BMWBMW
  • AudiAudi
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1416 Melrose Pkwy

This home is located at 1416 Melrose Pkwy in Norfolk, VA and zip code 23508 in the Larchmont Edgewater neighborhood. This 1,477 square foot home, which was built in 1920, sits on a 0.08 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $395,000.

The number of listings in Norfolk, VA increased by 14.2% between January and February 2025. While the average time on the market in February 2025 was 86 days, the median list price was $319,916.

From Rocket Homes Real Estate and based on county public records data.

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