1140 E Ocean View Ave Unit E Norfolk, VA 23503
Bay View Neighborhood
2
Beds
2
Baths
1,090
Sq Ft
1,350
Sq Ft Lot
Highlights
- Beach View
- Contemporary Architecture
- Loft
- Property Fronts a Bay or Harbor
- Cathedral Ceiling
- 1 Fireplace
About This Home
As of September 2024Want to enjoy the rest of your summer living on the beach? Relax & enjoy the best of waterfront living while you enjoy the simple life with private beach access on the Chesapeake Bay! This charming 2-bedroom 2-full bath condo with an open living room, dining & kitchen area opens onto the wood deck with full views of the Bay. There is even a loft on the second floor! Cathedral ceilings, fireplace, brand new HVAC, brand new roof, washer/dryer and 2 assigned parking spaces. Perfect opportunity for someone who wants a rental investment property or to live in! Condo fee covers hurricane and flood insurance.
Last Agent to Sell the Property
KW Coastal Chesapeake Virginia LLC Listed on: 07/26/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,094
Year Built
- Built in 1983
HOA Fees
- $375 Monthly HOA Fees
Property Views
- Beach
- Bay
Home Design
- Contemporary Architecture
- Property Attached
- Asphalt Shingled Roof
- Vinyl Siding
- Pile Dwellings
Interior Spaces
- 1,090 Sq Ft Home
- 1.5-Story Property
- Cathedral Ceiling
- Ceiling Fan
- 1 Fireplace
- Loft
- Utility Closet
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- Driveway
- Assigned Parking
Schools
- Oceanair Elementary School
- Northside Middle School
- Norview High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Additional Features
- Balcony
- Property Fronts a Bay or Harbor
Community Details
Overview
- Warwick Village Condominium Association
- Ocean View Subdivision
- On-Site Maintenance
Amenities
- Door to Door Trash Pickup
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2024
Closed on
Sep 3, 2024
Sold by
Watson John
Bought by
Gibson Christopher
Seller's Agent
Terria Galvez
KW Coastal Chesapeake Virginia LLC
Buyer's Agent
Zonnie Epps
Black Lion Realty LLC
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Total Days on Market
13
Views
119
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,042
Avg. Annual Appreciation
14.69%
Original Mortgage
$220,924
Outstanding Balance
$219,495
Interest Rate
6.47%
Mortgage Type
FHA
Estimated Equity
$30,547
Purchase Details
Closed on
May 31, 2019
Sold by
Deleon Dionisio K and Deleon Liza S
Bought by
Watson John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,767
Interest Rate
4.2%
Mortgage Type
VA
Purchase Details
Closed on
Mar 22, 2007
Sold by
Dequeljoe David C and Dequeljoe Christine L
Bought by
Deleon Dioniso K and Deleon Liza S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Similar Homes in Norfolk, VA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $225,000 | Noble Title | |
| Bargain Sale Deed | $225,000 | Noble Title | |
| Warranty Deed | $179,900 | Title Alliance Greenbrier | |
| Deed | $240,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $220,924 | FHA | |
| Closed | $220,924 | FHA | |
| Previous Owner | $188,342 | VA | |
| Previous Owner | $183,767 | VA | |
| Previous Owner | $194,916 | New Conventional | |
| Previous Owner | $192,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2024 09/06/24 | Sold | $225,000 | 0.0% | $206 / Sq Ft |
| 08/08/2024 08/08/24 | Pending | -- | -- | -- |
| 08/03/2024 08/03/24 | Price Changed | $225,000 | -10.0% | $206 / Sq Ft |
| 07/26/2024 07/26/24 | For Sale | $250,000 | -- | $229 / Sq Ft |
Source: Real Estate Information Network (REIN)
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 | $3,370 | $274,000 | $62,100 | $211,900 |
| 2023 | $3,094 | $247,500 | $62,100 | $185,400 |
| 2022 | $2,751 | $220,100 | $54,500 | $165,600 |
| 2021 | $2,320 | $185,600 | $43,600 | $142,000 |
| 2020 | $2,246 | $179,700 | $39,200 | $140,500 |
| 2019 | $2,350 | $188,000 | $39,200 | $148,800 |
| 2018 | $2,221 | $177,700 | $39,200 | $138,500 |
| 2017 | $2,044 | $177,700 | $39,200 | $138,500 |
| 2016 | $2,044 | $187,600 | $38,800 | $148,800 |
| 2015 | $2,151 | $187,600 | $38,800 | $148,800 |
| 2014 | $2,151 | $187,600 | $38,800 | $148,800 |
Source: Public Records
Agents Affiliated with this Home
-
Terria Galvez
Seller's Agent in 2024
Terria Galvez
KW Coastal Chesapeake Virginia LLC
(757) 513-4934
3 in this area
148 Total Sales
-
Zonnie Epps
Buyer's Agent in 2024
Zonnie Epps
Black Lion Realty LLC
(757) 828-3325
1 in this area
14 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10543589
APN: 19650010
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