NOT LISTED FOR SALE

1052 E Ocean View Ave Norfolk, VA 23503

Bay View Neighborhood

Estimated Value: $272,000 - $292,381

2 Beds
2 Baths
1,076 Sq Ft
$262/Sq Ft Est. Value

Last Sold November 06, 2024

Last sale price $275,000 $256 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,181/month

97 Days on Market

Highlights

  • Beach View
  • Wood Flooring
  • Walk-In Closet
  • Property Fronts a Bay or Harbor
  • Porch
  • En-Suite Primary Bedroom

About This Home

As of November 2024

Move in ready with hardwood flooring, granite countertops and a gas fireplace. Entertain friends at the provided deck/bar area overlooking the bay. A breathtaking view with a private entrance to the beach. Schedule your appointment today.

Last Agent to Sell the Property

Jessica Clark

Howard Hanna Real Estate Services Listed on: 07/18/2024

Howard Hanna Real Estate Services

Co-Listed By

Carrie Long

Howard Hanna Real Estate Services

Last Buyer's Agent

Tyler Rocke

Keller Williams Capital Properties

Keller Williams Capital Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 1986

Lot Details

  • 1,830

HOA Fees

  • $395 Monthly HOA Fees

Home Design

  • Property Attached
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,076 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Beach Views
  • Crawl Space

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Schools

  • Oceanair Elementary School
  • Northside Middle School
  • Norview High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Porch
  • Property Fronts a Bay or Harbor

Community Details

Overview

  • Community First Management Inc 757 333 7675 Association
  • Low-Rise Condominium
  • Ocean View Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,108

Year Built

Built in 1986

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Lo Rise
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 269.52
  • Neighborhood Name: BEACON SQUARE
  • Estimated Year Built: 1986
  • Association Legal Name: Beacon Square II
  • Management Company: Community First Management Inc 757-333-7675
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Ocean View
  • Address Street Num Website: 1052
  • Address Website: 1052 E Ocean View AVE
  • Fees Condo Monthly: 395
  • Fence: No
  • Market Time: 97
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1986

Interior Features

  • Interior Amenities: Fireplace Gas-natural, Walk-In Closet
  • Fireplaces Number: 1
  • Equipment: Cable Hookup, Ceiling Fan
  • Flooring Type: Vinyl, Wood
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, PBR with Bath, Pantry, Porch
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1076

Exterior Features

  • Exterior Siding: Vinyl
  • Fence Description: None
  • Foundation Type: Crawl
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • View: Beach
  • Waterfront Description: Bay

Garage/Parking

  • Parking: 2 Space, Off Street

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Heat Pump

Condo/Co-op/Association

  • Condo Level: 1
  • Amenities COA/POA: Ground Maint, Sewer, Trash Pickup, Water
  • Association #2 Fee Frequency: Monthly

Schools

  • Elementary School: Oceanair Elementary
  • Middle School: Northside Middle School
  • High School: Norview

Lot Info

  • Waterfront YN: Yes
  • Zoning: RES 2-4

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 3108

MLS Schools

  • Elementary School: Oceanair Elementary
  • School High School: Norview
  • Middle School: Northside Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Nov 4, 2024
Sold by
Latimer Preston
Bought by
Albano Mary Ann and Albano Martin
Seller's Agent
Jessica Clark
Howard Hanna Real Estate Services
Buyer's Agent
Tyler Rocke
Keller Williams Capital Properties
List Price
$299,999
Sold Price
$275,000
Premium/Discount to List
-$24,999
-8.33%
Views
236
Current Estimated Value
$282,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,095
Avg. Annual Appreciation
3.88%
Original Mortgage
$220,000
Outstanding Balance
$218,244
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$65,896

Purchase Details

Closed on
Oct 30, 2020
Sold by
Joynes Kirk R
Bought by
Latimer Preston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2009
Sold by
Joynes Walter C and Joynes Linda A
Bought by
Joynes Kirk R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Albano Mary Ann $275,000 Fidelity National Title
Albano Mary Ann $275,000 Fidelity National Title
Latimer Preston $190,000 Attorney
Joynes Kirk R $185,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albano Mary Ann $220,000
Closed Albano Mary Ann $220,000
Previous Owner Latimer Preston $180,500
Previous Owner Joynes Kirk R $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $275,000 -5.2% $256 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $289,999 -3.3% $270 / Sq Ft
07/18/2024 07/18/24 For Sale $299,999 -- $279 / Sq Ft
Source: Real Estate Information Network (REIN)

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
2024 $3,396 $276,100 $56,000 $220,100
2023 $3,108 $248,600 $56,000 $192,600
2022 $2,754 $220,300 $48,400 $171,900
2021 $2,368 $189,400 $37,700 $151,700
2020 $1,800 $144,000 $34,400 $109,600
2019 $1,800 $144,000 $34,400 $109,600
2018 $1,780 $142,400 $34,400 $108,000
2017 $1,638 $142,400 $34,400 $108,000
2016 $1,638 $153,200 $34,900 $118,300
2015 $1,756 $153,200 $34,900 $118,300
2014 $1,756 $153,200 $34,900 $118,300
Source: Public Records

Agents Affiliated with this Home

  • Jessica Clark

    Seller's Agent in 2024

    Jessica Clark

    Howard Hanna Real Estate Services

    (757) 819-8508

    1 in this area

    16 Total Sales

    Jessica Clark
    Section Image
  • Carrie Long

    Seller Co-Listing Agent in 2024

    Carrie Long

    Howard Hanna Real Estate Services

    (757) 575-4206

    2 in this area

    97 Total Sales

    Carrie Long
    Section Image
  • Tyler Rocke

    Buyer's Agent in 2024

    Tyler Rocke

    Keller Williams Capital Properties

    (757) 802-5794

    1 in this area

    65 Total Sales

    Tyler Rocke
    Section Image
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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10542901

Real Estate Information Network (REIN)

APN: 45688615

Virginia Norfolk City County Norfolk 23503 Bay View

1052 E Ocean View Ave, Norfolk, VA

This home is located at 1052 E Ocean View Ave, Norfolk, VA 23503 since 18 July 2024 and is currently estimated at $282,095, approximately $262 per square foot. This property was built in 1986. 1052 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.

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