1039 E Ocean View Ave Norfolk, VA 23503
Bay View NeighborhoodEstimated Value: $532,000 - $567,000
4
Beds
3
Baths
2,200
Sq Ft
$248/Sq Ft
Est. Value
About This Home
This home is located at 1039 E Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $545,019, approximately $247 per square foot. 1039 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
Jun 21, 2017
Sold by
Equity Development Corporation Inc A Vir
Bought by
Thom Gilbert R and Thom Roshana Morris
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,237
Interest Rate
3.9%
Mortgage Type
VA
Purchase Details
Closed on
Nov 17, 2016
Sold by
The Will Of Dennis Martin Gronka
Bought by
Equity Development Corporation Inc A Vir
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,025
Interest Rate
3.47%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thom Gilbert R | $321,250 | Priority Title & Escrow Llc | |
| Equity Development Corporation Inc A Vir | $80,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Thom Gilbert R | $325,237 | |
| Previous Owner | Equity Development Corporation Inc A Vir | $188,025 |
Source: Public Records
Tax History Compared to Growth
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 | $6,866 | $549,300 | $149,000 | $400,300 |
| 2024 | $6,397 | $520,100 | $135,500 | $384,600 |
| 2023 | $5,860 | $468,800 | $135,500 | $333,300 |
| 2022 | $5,446 | $435,700 | $102,400 | $333,300 |
| 2021 | $4,870 | $389,600 | $97,500 | $292,100 |
| 2020 | $4,646 | $371,700 | $86,000 | $285,700 |
| 2019 | $4,415 | $353,200 | $78,000 | $275,200 |
| 2018 | $4,058 | $324,600 | $78,000 | $246,600 |
| 2017 | $2,993 | $260,300 | $78,000 | $182,300 |
| 2016 | $1,363 | $119,300 | $74,500 | $44,800 |
| 2015 | $1,372 | $119,300 | $74,500 | $44,800 |
| 2014 | $1,372 | $119,300 | $74,500 | $44,800 |
Source: Public Records
Map
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