NOT LISTED FOR SALE

116 E Ocean Ave Norfolk, VA 23503

Northside Neighborhood

Estimated Value: $344,000 - $415,000

4 Beds
3 Baths
1,764 Sq Ft
$216/Sq Ft Est. Value

About This Home

This home is located at 116 E Ocean Ave, Norfolk, VA 23503 and is currently estimated at $380,665, approximately $215 per square foot. 116 E Ocean Ave is a home located in Norfolk City with nearby schools including Mary Calcott Elementary School, Northside Middle School, and Granby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2022
Sold by
Portside Improvements Llc
Bought by
Brooks Nicholas Robert
Current Estimated Value
$380,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,820
Outstanding Balance
$322,977
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$57,688

Purchase Details

Closed on
Jul 28, 2021
Sold by
Klotz Jessica and Klotz Teresa
Bought by
Portside Improvements Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2010
Sold by
Klotz Richard A
Bought by
Klotz Jessica and Klotz Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,206
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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First American

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Quantarium

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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
Brooks Nicholas Robert $340,000 Fidelity National Title
Portside Improvements Llc $150,000 Attorney
Klotz Jessica $135,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Nicholas Robert $347,820
Previous Owner Portside Improvements Llc $215,000
Previous Owner Klotz Jessica $133,206
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 $4,273 $341,800 $91,000 $250,800
2024 $4,103 $333,600 $91,000 $242,600
2023 $3,753 $300,200 $91,000 $209,200
2022 $3,479 $278,300 $73,000 $205,300
2021 $2,839 $215,300 $66,400 $148,900
2020 $2,563 $205,000 $57,500 $147,500
2019 $2,399 $191,900 $50,000 $141,900
2018 $2,288 $183,000 $50,000 $133,000
2017 $2,045 $177,800 $50,000 $127,800
2016 $2,045 $181,500 $50,000 $131,500
2015 $2,087 $181,500 $50,000 $131,500
2014 $2,087 $181,500 $50,000 $131,500
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23503 Northside

116 E Ocean Ave, Norfolk, VA

Not Listed for Sale

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