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5308 Studeley Ave, Norfolk, VA, 23508

5beds
3baths
3,563sqft
$750,000
$210price/sqft
$5,292/moest. monthly cost
$211,680/yrincome needed

About This Home

Located in one of Norfolk's most established and desirable neighborhoods, Studeley corridor is know for it's larger historic homes and mature trees. Conveniently located near ODU, EVMS, CHKD, Sentara, Downtown Norfolk, and Naval Station Norfolk. Desirable features include a large yard with mature landscaping, long driveway with large detached 1.5 car garage with floored attic space. Beautiful porches. 5 bedrooms. Meticulously maintained with an opportunity to personalize at an exceptional value. Does not require flood insurance.

Getting Around

32
WalkingCar-Dependent
35
TransitSome Transit
59
BikeBikeable

Schools

8/10
3/10
Blair Middle SchoolGrades 6-81.9 mi
3/10
Maury High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1903

Materials

  • Foundation: Basement
  • Roof: Composition
  • Construction materials: Brick,Shingle Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Gas Range,Refrigerator,Washer,Gas Water Heater
  • Laundry features: Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Dual Entry Bath (Br & Hall),Ceiling Fan(s),Entrance Foyer
  • Window features: Window Treatments
  • Flooring: Carpet,Ceramic Tile,Laminate/LVP
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning,Primary Bedroom
  • Fireplace: Yes
  • Attic: Scuttle

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,563 sqft

Property

Details

  • Parcel number: 12254300

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: None
  • Patio & porch: Deck,Porch
  • Fencing: Partial,Wood,Fenced
  • Waterfront features: Not Waterfront

Parking

  • Total spaces: 2
  • Parking features: Garage Det 2 Car,Off Street,Driveway,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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
    HurricaneModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
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 $3,792$45,504
Home Insurance *$384$4,608
Property Taxes $773$9,276
Electricity $343$4,118
Total$5,292$63,504
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$181,440/yr
40% on housing$158,760/yr
45% on housing$141,120/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

$210This listing

vs Other Active Listings

Avg $/sqft

ZIP 23508$200
Norfolk City$181

vs Homes Sold Last Month

Median $/sqft

ZIP 23508$217
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

AgentAndrea Moore
BrokerageBHHS RW Towne Realty

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