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507 Pembroke Ave, Norfolk, VA, 23507

5beds
6baths
7,645sqft
$1,800,000
$235price/sqft
$12,561/moest. monthly cost
$502,440/yrincome needed

About This Home

Overlooking Beechwood Park, the magnificent Fergus Reid House was the 4th residence built in Ghent. President Taft and Andrew Carnegie dined at the house, and more recently it was selected to be on the Garden Tour. The stone construction and architectural details are works of art. Meticulously updated and appointed with today's features, the home's interior is a perfect blend of historic and modern. The main floor uniquely includes,original library, butler’s pantry, wet bar, custom wine fridge, sunporch. The luxurious primary suite has a sitting room, soaking tub, rain shower, 2 closets, private balcony. A true gourmet kitchen designed by a professional chef with SS Viking range, two dishwashers, warming drawers. Three fireplaces converted to gas, walk-in attic, whole house generator, water softener and filtration systems, updated mechanical, fully restored windows, and newer roof. Corner lot with gorgeous landscaping, irrigation and bluestone walkways. Seller financing available.

Getting Around

70
WalkingVery Walkable
68
TransitGood Transit
55
BikeBikeable

Schools

8/10
4/10
Blair Middle SchoolGrades 6-80.8 mi
3/10
Maury High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1892

Materials

  • Foundation: Basement
  • Roof: Wood
  • Construction materials: Stone,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Traditional,Victorian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: 220 V Elec,Dishwasher,Disposal,Dryer,Microwave,Range,Gas Range,Refrigerator,Washer,Water Softener,Gas Water Heater

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Bar,Cedar Closet(s),Primary Sink-Double,Walk-In Closet(s),Entrance Foyer
  • Window features: Window Treatments
  • Flooring: Marble,Other,Wood
  • Number of fireplaces: 7
  • Fireplace features: Decorative,Fireplace Gas-natural,Wood Burning,Primary Bedroom
  • Fireplace: Yes
  • Attic: Walk-In
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Zoned
  • Cooling features: Central Air,Zoned

Interior Area

  • Total interior livable area: 7,645 sqft

Property

Details

  • Parcel number: 11197200
  • Zoning: HC-G1
  • Other equipment: Attic Fan,Backup Generator,Sump Pump

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: None
  • Patio & porch: Porch
  • Exterior features: Inground Sprinkler,Irrigation Control
  • Fencing: Partial,Wood,Fenced
  • Has view: Yes
  • View description: City
  • Waterfront features: Not Waterfront
  • Frontage length: 90

Lot

  • Lot size: 0.28 Acres
  • Features: Corner

Parking

  • Total spaces: 2
  • Parking features: 2 Space,Driveway,On Street
  • Has uncovered spaces: 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
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Hail
Ice Storm
Lightning
Strong Wind
Tornado
Winter Weather
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 $9,101$109,212
Home Insurance *$854$10,248
Property Taxes $1,870$22,440
Electricity $736$8,836
Total$12,561$150,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$430,662/yr
40% on housing$376,830/yr
45% on housing$334,960/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

$235This listing

vs Other Active Listings

Avg $/sqft

ZIP 23507$233
Norfolk City$181

vs Homes Sold Last Month

Median $/sqft

ZIP 23507$215
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

No price history available

For Sale by Agent

AgentChristopher Martini
BrokerageAtkinson Realty

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