7423 Chipping Rd, Norfolk, VA, 23505
About This Home
Located in Norfolk’s established Algonquin Park, this 1923 home offers 5,100 sqft of living space including 5BR & 3 1/2 BA, with the space, layout, & character that come with homes of this era. Thoughtful updates have been made over time, while still leaving room for the next owner's vision to come to life. Situated on a generous lot with a spacious backyard that is great for relaxing or entertaining. Algonquin Park is known for its tree-lined streets and convenient proximity to NAS Norfolk, downtown, Ghent, Lafayette River, interstates, shopping & dining. This home offers space, location, & lasting value.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1923
Materials
- Roof: Metal,Slate
- Construction materials: Aluminum Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Electric Range,Refrigerator,Gas Water Heater
- Laundry features: Dryer Hookup,Washer Hookup
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Cedar Closet(s),Walk-In Closet(s),Ceiling Fan(s),Entrance Foyer,Pantry
- Window features: Window Treatments
- Flooring: Carpet,Slate,Vinyl,Wood
- Number of fireplaces: 4
- Fireplace features: Wood Burning,Primary Bedroom
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Electric,Natural Gas,Radiator,Zoned
- Cooling features: 16+ SEER A/C,Central Air,Zoned
Interior Area
- Total interior livable area: 5,100 sqft
Property
Details
- Parcel number: 03125600
- Zoning: R-1
Features
- Levels: Three Or More
- Stories: 3
- Pool features: None
- Patio & porch: Patio
- Fencing: Back Yard,Fenced
- Waterfront features: Not Waterfront
Lot
- Lot size: 0.37 Acres
Parking
- Parking features: Off Street,Driveway
- 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
- Cold Wave
- Hurricane
- Heat Wave
- Lightning
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,033 | $36,396 |
| Home Insurance * | $380 | $4,560 |
| Property Taxes | $618 | $7,416 |
| Electricity | $491 | $5,894 |
| Total | $4,522 | $54,264 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
No price history available
For Sale by Agent
View on Zillow