720 Colonial Ave, Norfolk, VA 23507
OFF MARKET

$542,000

Trulia Estimate
  • 3 Beds
  • 3.5 Baths
  • 2,718 sqft

720 Colonial Ave, Norfolk, VA 23507

Ghent Square
Est. Refi. Payment $3,404/mo*
Refinance Your Home
Currently Off Market - Sold Feb 19, 2020 for $425,000

Home Value

Trulia Estimate
$542K
Since last month
$100 (0%)
Since last year
Decreased$5K (-0.9%)
Since last sale
Increased$119K (+27.9%)
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 +23% in the last 10 years
MonthEstimated value
2026
August 2026$544K
August 2026$542K
July 2026$544K
June 2026$556K
May 2026$556K
April 2026$552K
March 2026$552K
February 2026$549K
January 2026$542K
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
0.39
Condo
$523,000
07/21/26
4
4
2,741
0.16
Condo
$340,000
10/30/25
3
2
1,376
0.67
Condo
$442,500
07/24/26
3
3
2,390
0.20
Condo
$700,000
03/31/26
3
2.5
2,500
0.33
Condo
$332,500
04/17/26
3
2
1,348
0.39
Condo
$523,000
07/16/26
3
3.5
2,710
0.11
Condo
$345,000
01/06/26
3
2
1,592
0.11
Condo
$335,000
09/24/25
3
2
1,513
0.56
Condo
$865,000
12/17/25
2
2
1,891
0.15
Condo
$320,000
07/24/26
3
2
1,528

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
0.05
$526,000
4
3.5
2,525
Off Market
0.09
$498,200
4
2.5
2,068
Off Market
0.07
$2,850,000
Studio
-
-
Recently Sold
0.07
$487,500
3
3.5
2,800
Recently Sold
0.10
$517,500
4
3.5
2,623
Recently Sold
0.08
$565,000
3
2.5
2,053
Recently Sold
0.11
$345,000
3
2
1,592
For Sale
0.14
$837,900
4
3.5
3,831
Recently Sold
0.11
$345,000
3
2
1,592
Recently Sold
0.11
$340,100
3
2
1,513
Off Market
0.11
$270,000
2
1
1,313
Recently Sold
0.11
$335,000
3
2
1,592
For Sale

Local Information

  • Map ViewExplore the area around 720 Colonial Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Condo
Built in 1986
2,718 sqft
$199/sqft
Garage

About this House

End unit townhome with lots of natural light. Formal rooms with bay windows, 9.5'ceilings. Extensive use of recessed lighting. Kitchen with solid wood cabinets & new ceramic tiled backsplash that opens to either an eat in area or den with gas fireplace. Lg. Master bdrm with 2 walk-in closets. Two additional en suites with walk-in closets. Replaced 2nd flr HVAC 2018, replaced membrane roofs on both decks & garage roof 2018. Recessed lighting & replaced bath lights 2018. Replaced ceiling fans 2018-19. Oversized walk in closets. Plenty of room for storage. Full 2 car gar. Architectural roof. Centrally located to Colley Ave & W. 21st St. restaurants, Chrysler Museum, EVMS, CHKD, Sentara Heart Pavillion, coffee houses & dog parks. No flood insurance required.
720 Colonial Ave, Norfolk, VA 23507 is a 3 bedroom, 4 bathroom, 2,718 sqft condo in Ghent Square, built in 1986. It last sold for $425,000 on Feb 19, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $542,000, with a rent estimate of $3,028/month.

Home Details for 720 Colonial Ave

Interior Features

Heating & Cooling
Heating: Forced Air, Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 3Floors: Carpet
Interior Details
Number of Rooms: 7Types of Rooms: Walk In Closet
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Vinyl, BrickFoundation Type: Crawl RaisedSprinkler System
Parking & Garage
GarageParking Spaces: 462Parking: Garage Attached

Property Information

Year Built
Year Built: 1986
Property Type / Style
Property Type: CondoArchitecture: Colonial

Lot Information

Lot Area: 3179 sqft

Building

Fitness & Sports
Tennis Court

Price and Tax history

DateEventPrice
Feb 19, 2020
Source: N/A
Sold
$425,000
Nov 11, 2019
Source: Agent Provided
PriceChange
$449,000
Price decreased by 4%
Oct 24, 2019
Source: Agent Provided
Listed For Sale
$469,000
Aug 27, 2013
Source: N/A
Sold
$370,000
Jun 25, 2013
Source: Agent Provided
PriceChange
$380,000
Price decreased by 5%

Market trends in Norfolk

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

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Ghent Square

At least 1 Trulia users voted on each feature.
  • 100 % Say car is needed

  • 100 % Say streets are well-lit

  • 100 % Say kids play outside

  • 100 % Say it's dog friendly

  • 100 % Say it's quiet

  • 100 % Say yards are well-kept

  • 100 % Say parking is easy

Sourced by Trulia users. Learn more about our methodology.
  • 9q2h9tktfx
    "Numerous vibrant art, music, food and Tall Ship festivals throughout the year in Norfolk. Beautiful parks with Master Gardener clubs"
  • 9q2h9tktfx
    "Ghent Square is an amazing, wonderful community inside Ghent, near downtown - lots of green spaces and walkable! Lived here for 6 years and love it. "
  • Vorourke1960
    "You can walk to literally everything. Restaurants, Theater, Movies, Groceries, Dry Cleaner, Drug Store, and downtown. Dog friendly and many green spaces."
  • Phil Spear
    "Walkable. Nice architecture. Close to shopping and restaurants. In the firing range of the projects. "
  • Yvette S.
    "These townhouses are a truly unique. The architecture inside these gems is mid-century modern from the sunken living room and dining room to the exposed brick fireplace that continues on all three floors. These townhouses are huge too. Ours is 2700 square feet and has 4 bedrooms and 4 bathrooms. We love these places!"
  • Nigeforshaw
    "Stockley Gardens arts and craft fare twice a year. Nearby multiple events at the Waterside in Norfolk. "
  • Sandragon888
    "Many great restaurants within walking distance. Made for walking to the Naro, opera house, shops and Chrysler museum. Close to hospitals and grocery stores. "
  • Queen2king
    "Excellent neighborhood, close to everything. Lovely views of the park."
  • Tc B.
    "serene and easy living here in ghent square. "

LGBTQ Local Legal Protections

Frequently asked questions about 720 Colonial Ave

  • What is 720 Colonial Ave estimated to be worth?
    Trulia's estimated value for 720 Colonial Ave in Norfolk, VA is $542,000.
  • What is the price history for 720 Colonial Ave?
    720 Colonial Ave in Norfolk, VA last sold for $425,000 in February 2020.
  • 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.
  • Does 720 Colonial Ave have air conditioning?
    Yes, 720 Colonial Ave in Norfolk, VA has air conditioning.
  • Does 720 Colonial Ave have laundry facilities?
    Yes, 720 Colonial Ave in Norfolk, VA has in-unit laundry.

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