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201 Queens Way, Norfolk, VA, 23517

5beds
4baths
2,049sqft
$555,000
$271price/sqft
$4,004/moest. monthly cost
$160,160/yrincome needed

About This Home

Move right into this beautifully updated 5-bedroom, 3.5 bath home offering space, convenience, and peace of mind with no POA or condo fees and no flood insurance required. Ideally located near military bases, Ghent restaurants and shopping, Downtown Norfolk, Sentara, Harrison Opera House and everything Norfolk has to offer. Inside, you'll love the bright, open layout featuring new luxury vinyl plank flooring and a spacious living and dining area that flows into the beautifully updated kitchen, renovated in 2023 with abundant cabinet and counter space plus a sunny bay window breakfast nook. Upstairs, the generous primary suite offers a walk-in closet and private en-suite bath, while four additional bedrooms and two more full bathrooms provide plenty of room for family, guests, or a home office. Major updates have already been completed, including a new roof (2024), electrical panel (2024), water heater (2025), updated kitchen (2023), replacement windows (2014), new LVP flooring, new toilets in three bathrooms, and a new soaker tub. The main HVAC system has been professionally serviced and is equipped with an Ultravation UVPhotoMAX air purification system for improved indoor air quality. Enjoy your morning coffee or unwind in the evenings on the screened-in porch overlooking the large, privacy-fenced backyard. There's also an attached garage, additional off-street parking, generous attic storage, and built-in garage shelving for all your storage needs. Come see everything this home has to offer!

Getting Around

81
WalkingVery Walkable
69
TransitGood Transit
65
BikeBikeable

Schools

8/10
3/10
Blair Middle SchoolGrades 6-80.6 mi
3/10
Maury High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1981

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Gas Range,Refrigerator,Electric 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

  • Walk-In Closet(s),Pantry
  • Flooring: Carpet,Laminate/LVP,Vinyl
  • Attic: Pull Down Stairs
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Heat Pump,Zoned
  • Cooling features: Central Air,Heat Pump,Zoned

Interior Area

  • Total interior livable area: 2,049 sqft

Property

Details

  • Parcel number: 70192050
  • Zoning: PDMU-4

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Screened Porch
  • Fencing: Back Yard,Fenced
  • Waterfront features: Not Waterfront

Lot

  • Lot size: 7,405 sqft

Parking

  • Total spaces: 1
  • Parking features: Garage Att 1 Car,Driveway,On Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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

  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
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 $2,806$33,672
Home Insurance *$424$5,088
Property Taxes $572$6,864
Electricity $202$2,433
Total$4,004$48,048
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$137,280/yr
40% on housing$120,120/yr
45% on housing$106,773/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

$271This listing

vs Other Active Listings

Avg $/sqft

ZIP 23517$193
Norfolk City$181

vs Homes Sold Last Month

Median $/sqft

ZIP 23517$189
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

AgentPatience MacCartney
BrokerageIron Valley Real Est Norfolk

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