541 Timothy Ave, Norfolk, VA 23505
OFF MARKET

$222,300

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 756 sqft

541 Timothy Ave, Norfolk, VA 23505

Wards Corner
Est. Refi. Payment $1,470/mo*
Refinance Your Home

Home Value

Trulia Estimate
$222K
Since last month
Decreased$3K (-1.2%)
Since last year
Increased$3K (+1.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +139% in the last 10 years
MonthEstimated value
2026
September 2026$222K
August 2026$224K
July 2026$226K
June 2026$227K
May 2026$224K
April 2026$221K
March 2026$220K
February 2026$216K
January 2026$213K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
525 Birmingham Ave, Norfolk, VA
0.11
Single-Family Home
$125,000
10/22/25
2
1
846
544 Timothy Ave, Norfolk, VA
0.04
Single-Family Home
$150,000
05/05/26
2
1
756
549 Timothy Ave, Norfolk, VA
0.04
Single-Family Home
$110,000
06/09/26
3
1
756
512 N Shore Rd, Norfolk, VA
0.36
Single-Family Home
$185,000
10/15/25
2
1
845
7715 Nesbitt Dr, Norfolk, VA
0.17
Single-Family Home
$270,000
12/30/25
3
1
1,200
7703 Nesbitt Dr, Norfolk, VA
0.24
Single-Family Home
$280,000
09/04/26
3
1
1,300
530 Sterling St, Norfolk, VA
0.13
Single-Family Home
$285,500
05/26/26
3
2
1,566
215 Burleigh Ave, Norfolk, VA
0.56
Single-Family Home
$259,900
12/09/25
2
1
923
526 Birmingham Ave, Norfolk, VA
0.08
Single-Family Home
$325,000
04/23/26
4
2
1,476
7811 Nesbitt Dr, Norfolk, VA
0.14
Single-Family Home
$306,500
03/24/26
3
2
1,236

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
537 Timothy Ave, Norfolk, VA 23505
0.02
$270,000
3
1
1,200
Recently Sold
535 Timothy Ave, Norfolk, VA 23505
0.03
$330,000
5
2
1,900
Recently Sold
7801 Doris Dr, Norfolk, VA 23505
0.05
$450,000
4
2.5
2,098
For Sale
535 Meads Rd, Norfolk, VA 23505
0.07
$215,000
3
1
1,029
Recently Sold
530 Birmingham Ave, Norfolk, VA 23505
0.08
$425,000
4
2.5
2,250
Recently Sold
526 Birmingham Ave, Norfolk, VA 23505
0.08
$325,000
4
2
1,476
Recently Sold
7803 Ruthven Rd, Norfolk, VA 23505
0.10
$385,000
4
3
1,643
Recently Sold
525 Birmingham Ave, Norfolk, VA 23505
0.11
$126,800
2
1
846
Off Market
7723 Ruthven Rd, Norfolk, VA 23505
0.13
$330,000
4
2
1,700
Recently Sold
530 Sterling St, Norfolk, VA 23505
0.13
$285,500
3
2
1,566
Recently Sold
604 Timothy Ave, Norfolk, VA 23505
0.12
$305,000
4
2
1,500
Recently Sold
7722 Nesbitt Dr, Norfolk, VA 23505
0.13
$297,500
4
2
1,290
Recently Sold

Local Information

  • Map ViewExplore the area around 541 Timothy Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1947
756 sqft
$294/sqft

About this House

Very nicely maintained and improved home with refinished hardwood floors, a newer kitchen and appliances and central air and heat. Windows have been replaced and architectural roof has been installed and vinyl siding put on. Big beautiful yard! Great neighborhood close to naval bases and shipping terminal. Currently rented for $1,000 to good tenant and tenant would like to stay but current lease end at the end of September. Buyer must cooperate with Seller's 1031 exchange paperwork at no cost to Buyer and Listing agent will provide the appropriate 1031 language for the Purchase Agreement. Additional square footage can be easily added by finishing 2nd floor.
541 Timothy Ave, Norfolk, VA 23505 is a 2 bedroom, 1 bathroom, 756 sqft single-family home in Wards Corner, built in 1947. More recently, it was listed as a rental in August 2017 with an asking price of $995 per month. That rental listing was removed on September 8, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $222,300, with a rent estimate of $1,609/month.

Home Details for 541 Timothy Ave

Interior Features

Heating & Cooling
Heating: Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Electric
Levels, Entrance, & Accessibility
Stories: 1Floors: Other, Hardwood
Interior Details
Number of Rooms: 6
Appliances & Utilities
RefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: VinylFoundation Type: Crawl Raised
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1947
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Lot Information

Lot Area: 6534 sqft

Price and Tax history

DateEventPrice
Sep 6, 2018
Source: Agent Provided
ListingRemoved
$123,500
Aug 9, 2018
Source: Agent Provided
Listed For Sale
$123,500
Sep 8, 2017
Source: N/A
ListingRemoved
$995
Aug 20, 2017
Source: N/A
Listed For Rent
$995
Jul 19, 2017
Source: N/A
ListingRemoved
$995

Market trends in Norfolk

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$326K
$2.15KMoM
Sale-to-List Price
100.0%
Price per sq ft
$214
$2MoM
Available listings
969
17MoM

Around this home

Neighborhood Overview

Wards Corner
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Wards Corner

At least 23 Trulia users voted on each feature.

  • 92 % Say it's dog friendly

  • 82 % Say there are sidewalks

  • 79 % Say car is needed

  • 74 % Say it's walkable to grocery stores

  • 74 % Say parking is easy

  • 67 % Say neighbors are friendly

  • 67 % Say people would walk alone at night

  • 65 % Say it's walkable to restaurants

  • 64 % Say streets are well-lit

  • 63 % Say there's holiday spirit

  • 62 % Say kids play outside

  • 62 % Say yards are well-kept

  • 41 % Say it's quiet

  • 35 % Say they plan to stay for at least 5 years

  • 23 % Say there's wildlife

  • 16 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "We have our Neighborhood cookouts and potlucks monthly at civic league meetings. The neighbors are very welcoming into the community. "
    1
    Flag
  • Trulia User
    "that it's safe for your family and friends besides the pets and beyond but was just hoping for something that was fitting among the community and everybody else if something is missing here then please let me know if I've missed anything that's not mentioned here "
    2
    Flag
  • Jcordero512
    "Love the neighborhood. I feel like I’m minutes away from anywhere I want to go: downtown, work, beaches. Quiet, safe...clean "
    2
    Flag
  • Skwerlkilla
    "there are many families in the neighborhood angry parts and great parks and dog parks and their parks and family parks "
    1
    Flag
  • Maria N.
    "Neighbors look after each other & help out whenever they can. It's relatively quiet, yet close to dining, shopping & rec center."
    0
    Flag
  • Saralovesmiles
    "The friendliness of The community and the well kept yards. Love all the people who walk in the neighborhood throughout the day. Love the close proximity of services like the urgent care and supermarket. Easy access to the freeways, also. "
    5
    Flag
  • Jcordero512
    "Great neighborhood. Friendly people. Central to everything. I really enjoy living here and love my new running routes. Very close to both Naval Bases, Harris Teeter, the commissary and so much more. "
    2
    Flag
  • Blakes m.
    "it's a very family oriented and friendly neighborhood. very welcoming and banded together. the day we moved in people came out of their houses just to wave at us or speak to us "
    6
    Flag
  • Ealockwood30
    "We have lived in the neighborhood for 7 years and are neighbors are amazing, the neighborhood is safe and very accessible to the interstate!"
    5
    Flag
  • Ealockwood30
    "I have lived in the neighborhood for 7 years. Great place, neighbors are friendly, it’s conveniently located and we not in a flood zone! Beautiful area!"
    0
    Flag
  • Dan M.
    "This is safe area which is getting better as the city is finally paying attention to the Wards Corner neighborhood. There is a Harris Teeter at the corner of Granby/Little Creek, which is a welcome upscale addition to the grocery choices! "
    0
    Flag
  • Dan M.
    "This is safe area which is getting better as the city is finally paying attention to the Wards Corner neighborhood. There is a Harris Teeter at the corner of Granby/Little Creek, which is a welcome upscale addition to the grocery choices! "
    0
    Flag
  • Dan M.
    "This is safe area which is getting better as the city is finally paying attention to the Wards Corner neighborhood. There is a Harris Teeter at the corner of Granby/Little Creek, which is a welcome upscale addition to the grocery choices! "
    1
    Flag
  • Dan M.
    "This is safe area which is getting better as the city is finally paying attention to the Wards Corner neighborhood. There is a Harris Teeter at the corner of Granby/Little Creek, which is a welcome upscale addition to the grocery choices! "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 541 Timothy Ave

  • What is 541 Timothy Ave estimated to be worth?
    Trulia's estimated value for 541 Timothy Ave in Norfolk, VA is $222,300.
  • Is Norfolk a buyer's or seller's market?
    Norfolk is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Norfolk?
    The median sale price in Norfolk is $326K. That is up $2.15K from the prior month.
  • What do residents say about the Wards Corner neighborhood?
    Residents describe the Wards Corner neighborhood in Norfolk, VA as dog-friendly, pedestrian-friendly, and walkable to grocery stores. See recently sold homes in Wards Corner, Norfolk.
  • Does 541 Timothy Ave have air conditioning?
    Yes, 541 Timothy Ave in Norfolk, VA has air conditioning.
  • How big is the lot at 541 Timothy Ave?
    The lot at 541 Timothy Ave in Norfolk, VA is about 0.15 acres (6,534 sq ft).

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