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249 Freemason St #408, Norfolk, VA, 23510

2beds
2baths
1,375sqft
$339,900
$247price/sqft
$2,312/moest. monthly cost
$92,480/yrincome needed

About This Home

Downtown Norfolk at its' best. Beautiful, serene setting, convenient to restaurants and entertainment. 4th Floor Condo with hardwood in living areas and new carpeting in the primary and 2nd bedroom. Balcony for enjoying your morning coffee and sunsets. Reserved parking in garage.

Getting Around

87
WalkingVery Walkable
75
TransitExcellent Transit
53
BikeBikeable

Schools

8/10
3/10
Blair Middle SchoolGrades 6-81.2 mi
3/10
Maury High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 2003

Materials

  • Roof: Other
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Lo Rise
  • Property subType: Condominium,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Dryer Hookup,Microwave,Elec Range,Washer,Washer Hookup,Water Heater (Electric)

Basement

  • Basement: Pile

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Ceramic,Wood
  • Number of fireplaces: 1

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,375
  • Total interior livable area: 1,375 sqft

Property

Features

  • Stories: 4

Lot

  • Lot size: 1,058 sqft

Parking

  • Parking features: Parking Gar,2 Space,Parking Gar,2 Space
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Inland Flooding
Hail
Ice Storm
Lightning
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,718$20,616
Home Insurance *$135$1,620
Property Taxes $257$3,084
Electricity $202$2,433
Total$2,312$27,744
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$79,268/yr
40% on housing$69,360/yr
45% on housing$61,653/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.0%
6.0%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$247This listing

vs Other Active Listings

Avg $/sqft

ZIP 23510$183
Norfolk City$181

vs Homes Sold Last Month

Median $/sqft

ZIP 23510$226
Norfolk City$200

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-05Contingent$339,900
2026-07-21Listed for sale$339,900

For Sale by Agent

AgentCharlene Howard
BrokerageLong & Foster Real Estate Inc.

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