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1053 Hannah St, Norfolk, VA, 23505

2beds
1baths
722sqft
$140,000
$194price/sqft
$1,141/moest. monthly cost
$45,640/yrincome needed

About This Home

Investors — rental or flip potential- Anyone seeking a project — add your own updates and build equity! Inside this 722 sf home, you’ll find 2 BR, 1 BA. Home is being sold "As-Is, Where Is."

Getting Around

41
WalkingCar-Dependent
36
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

5/10
Camp Allen Elementary SchoolGrades PK-50.8 mi
4/10
Blair Middle SchoolGrades 6-83.4 mi
2/10
Granby High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1960

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Masonry

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Range,Gas Water Heater

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Vinyl

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total interior livable area: 722 sqft

Primary Bedroom

  • Level: First

Property

Details

  • Parcel number: 44118500
  • Zoning: R-8

Features

  • Stories: 1
  • Pool features: None
  • Fencing: Privacy,Fenced
  • Waterfront features: Not Waterfront

Parking

  • Parking features: 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

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

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 $707$8,484
Home Insurance *$88$1,056
Property Taxes $144$1,728
Electricity $202$2,433
Total$1,141$13,692
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

30% on housingRecommended$45,640/yr
35% on housing$39,120/yr
40% on housing$34,230/yr
45% on housing$30,426/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

$194This listing

vs Other Active Listings

Avg $/sqft

ZIP 23505$169
Norfolk City$181

vs Homes Sold Last Month

Median $/sqft

ZIP 23505$211
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)

No zestimate history available

Price History

No price history available

For Sale by Agent

AgentRandy Walker
Brokerage757 Realty
View on Zillow

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