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Apartments (Generic)Residential
Last sold for $3,000,000 on Feb 17, 2023

1055 48TH ST

NORFOLK, VA 23508
0
Baths
25,200 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.51 ac
Lot SizeThe size of the land the home sits on, from county records.
1980
Year BuiltThe year the home was originally built, according to county records.
3
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$3,000,000 · Feb 17, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$42,073 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$3,420,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$332,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$3,087,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$3,420,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$3,420,600

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.41 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.96%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Apartments (Generic)
CountyNorfolk City
Lot (acres)The size of the land the home sits on, from county records.0.51
HeatingThe type of heating system in the home.Electric
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Sprinklers

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Larchmont Elementary SchoolA
Elementary · Grades PK–5 · 0.3 mi
M
Blair Middle SchoolD+
Middle · Grades 6–8 · 1.3 mi
H
Maury High SchoolD
High · Grades 9–12 · 1.6 mi

District: Norfolk City Public Schools

Neighborhood · ZIP 23508These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.99
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.30

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.28%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.19,611
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,526 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$81,106
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$99,720
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1055 48th St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in Norfolk 23508
  • Has a bigger lot than 98% of homes in Norfolk 23508
  • Newer than 79% of homes in Norfolk 23508

How it measures up in Norfolk 23508

The dot is this home. The mark in the middle is the typical home in Norfolk 23508.

Living area25,200 ft²
SmallerTypical 1,882 ft²Bigger

Bigger than almost all homes nearby

Lot size0.51 ac
SmallerTypical 0.12 acBigger

Bigger than 98% of homes nearby

Year built1980
OlderTypical 1934Newer

Newer than 79% of homes nearby

How 1055 48th St ranks against every home in each area.
MeasureThis homeNorfolk 23508Norfolk city County
Living areabigger than25,200 ft²almost all homesalmost all homes
Lot sizebigger than0.51 ac98% of homes97% of homes
Year builtnewer than198079% of homes75% of homes

About 1055 48th St

When did 1055 48th St, Norfolk, VA last sell?

1055 48th St, Norfolk, VA last sold on Feb 17, 2023 for $3,000,000, according to the county's recorded deed.

How big is 1055 48th St, Norfolk, VA?

1055 48th St, Norfolk, VA has 25,200 square feet of living space and a 0.51-acre lot.

When was 1055 48th St, Norfolk, VA built?

1055 48th St, Norfolk, VA was built in 1980, making it 46 years old. The building has 3 stories.

What schools serve 1055 48th St, Norfolk, VA?

1055 48th St, Norfolk, VA is assigned to Larchmont Elementary School (elementary), rated A; Blair Middle School (middle), rated D+; Maury High School (high), rated D. All sit in Norfolk City Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1055 48th St, Norfolk, VA compare to other homes in Norfolk 23508?

Among the 5,085 homes in Norfolk 23508, it is bigger than almost all of them (25,200 ft² against a typical 1,882 ft²), its lot is bigger than 98% of them (0.51 ac against a typical 0.12 ac) and it is newer than 79% of them (1980 against a typical 1934). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1055 48th St, Norfolk, VA?

The 2025 property tax bill for 1055 48th St, Norfolk, VA was $42,073. The county assessed it at $3,420,600.

More homes on 48th St

Closest homes

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Assigned schools

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