1115 W Ocean View Ave Norfolk, VA 23503
Willoughby NeighborhoodEstimated Value: $542,000 - $573,000
4
Beds
3
Baths
2,231
Sq Ft
$249/Sq Ft
Est. Value
About This Home
This home is located at 1115 W Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $556,483, approximately $249 per square foot. 1115 W Ocean View Ave is a home located in Norfolk City with nearby schools including Ocean View Elementary School, Northside Middle School, and Granby High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 6, 2016
Sold by
Equity Development Corporation Inc A Vir
Bought by
Smith Adam T
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
$326,777
Interest Rate
3.44%
Mortgage Type
VA
Purchase Details
Closed on
May 4, 2016
Sold by
Norfolk Redevelopment And Housing Author
Bought by
Edquity Development Corporation Inc A Vi
Purchase Details
Closed on
Nov 3, 2014
Sold by
Ramsay Barry C
Bought by
Norfolk Redevelopment And Housing Author
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Smith Adam T | $319,900 | Priority Title & Escrow Llc | |
Edquity Development Corporation Inc A Vi | $45,150 | Attorney | |
Norfolk Redevelopment And Housing Author | $330,000 | Bridge Trust Title |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Smith Adam T | $312,555 | |
Closed | Smith Adam T | $326,777 |
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 |
---|---|---|---|---|
2024 | $6,310 | $513,000 | $131,700 | $381,300 |
2023 | $5,559 | $444,700 | $131,700 | $313,000 |
2022 | $4,974 | $397,900 | $114,500 | $283,400 |
2021 | $4,540 | $363,200 | $114,500 | $248,700 |
2020 | $4,411 | $352,900 | $114,500 | $238,400 |
2019 | $4,218 | $337,400 | $114,500 | $222,900 |
2018 | $4,044 | $323,500 | $114,500 | $209,000 |
2017 | $3,547 | $308,400 | $109,200 | $199,200 |
2016 | $1,256 | $286,000 | $109,200 | $176,800 |
2015 | $3,278 | $286,000 | $109,200 | $176,800 |
2014 | $3,278 | $286,000 | $109,200 | $176,800 |
Source: Public Records
Map
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