NOT LISTED FOR SALE

1218 W Ocean View Ave Unit G Norfolk, VA 23503

Willoughby Neighborhood

Estimated Value: $223,000 - $253,000

2 Beds
1 Bath
937 Sq Ft
$259/Sq Ft Est. Value

About This Home

This home is located at 1218 W Ocean View Ave Unit G, Norfolk, VA 23503 and is currently estimated at $242,880, approximately $259 per square foot. 1218 W Ocean View Ave Unit G 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
Feb 19, 2021
Sold by
Bates Ryan A and Settlage Wendy S
Bought by
Reed Shawn
Current Estimated Value
$242,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$121,244
Interest Rate
2.63%
Mortgage Type
New Conventional
Estimated Equity
$118,199

Purchase Details

Closed on
Oct 1, 2020
Sold by
Bates Ryan A
Bought by
Bates Ryan A and Settlage Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,350
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 18, 2018
Sold by
Nolasco Nicholas
Bought by
Bates Ryan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,643
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2012
Sold by
Bauman Edward
Bought by
Nolasco Nicholas

Purchase Details

Closed on
Aug 31, 2005
Sold by
Sunshine Villas Llc
Bought by
Bauman Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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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
Reed Shawn $165,000 Tower Title Services
Reed Shawn $165,000 Tower Title
Bates Ryan A -- None Available
Bates Ryan A $141,900 Attorney
Nolasco Nicholas $64,500 Fidelity National Title
Bauman Edward $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Shawn $145,000
Closed Reed Shawn $145,000
Previous Owner Bates Ryan A $139,350
Previous Owner Bates Ryan A $137,643
Previous Owner Bauman Edward $17,000
Previous Owner Bauman Edward $136,000
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
2024 $2,845 $231,300 $61,400 $169,900
2023 $2,525 $202,000 $61,400 $140,600
2022 $2,108 $168,600 $46,300 $122,300
2021 $1,968 $157,400 $46,300 $111,100
2020 $1,849 $147,900 $36,800 $111,100
2019 $1,780 $142,400 $36,800 $105,600
2018 $1,115 $89,200 $36,800 $52,400
2017 $420 $36,500 $36,500 $0
2016 $420 $141,100 $36,500 $104,600
2015 $860 $141,100 $36,500 $104,600
2014 $860 $141,100 $36,500 $104,600
Source: Public Records

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