NOT LISTED FOR SALE

1027 E Ocean View Ave Norfolk, VA 23503

Bay View Neighborhood

Estimated Value: $501,048 - $515,000

4 Beds
4 Baths
2,406 Sq Ft
$212/Sq Ft Est. Value

About This Home

This home is located at 1027 E Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $509,262, approximately $211 per square foot. 1027 E Ocean View Ave is a home located in Norfolk City with nearby schools including Oceanair Elementary School, Northside Middle School, and Norview High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2019
Sold by
Scott Maria D
Bought by
Larson Brock M
Current Estimated Value
$509,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,630
Outstanding Balance
$299,069
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$212,340

Purchase Details

Closed on
Feb 22, 2018
Sold by
Edc Homes-Cl Llc A Virginia Limited Liab
Bought by
Scott Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,473
Interest Rate
4.44%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Larson Brock M $370,000 Attorney
Scott Maria D $339,625 Priority Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Brock M $335,630
Previous Owner Scott Maria D $333,473
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,866 $469,300 $89,800 $379,500
2024 $5,614 $456,400 $81,600 $374,800
2023 $5,358 $428,600 $81,600 $347,000
2022 $5,110 $408,800 $61,800 $347,000
2021 $4,540 $363,200 $58,800 $304,400
2020 $4,373 $349,800 $52,000 $297,800
2019 $4,130 $330,400 $47,200 $283,200
2018 $3,896 $311,700 $47,200 $264,500
2017 $543 $47,200 $47,200 $0
2016 $515 $0 $0 $0
Source: Public Records

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