NOT LISTED FOR SALE

1222 E Ocean View Ave Unit 305 Norfolk, VA 23503

Bay View Neighborhood

Estimated Value: $198,000 - $226,000

2 Beds
2 Baths
819 Sq Ft
$262/Sq Ft Est. Value

About This Home

This home is located at 1222 E Ocean View Ave Unit 305, Norfolk, VA 23503 and is currently estimated at $214,709, approximately $262 per square foot. 1222 E Ocean View Ave Unit 305 is a home located in Norfolk City with nearby schools including Oceanair Elementary School, Northside Middle School, and Norview High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2024
Sold by
Gerace Michelle and Gerace Frank
Bought by
Henderson Danielle G and Bagley Karen B
Current Estimated Value
$214,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$153,254
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$61,455

Purchase Details

Closed on
May 19, 2023
Sold by
Morehead Christine M
Bought by
Gerace Michelle and Gerace Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,700
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2016
Sold by
Morehead Christine M
Bought by
Morehead Scott F

Purchase Details

Closed on
May 4, 2015
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Morehead Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,397
Interest Rate
3.69%
Mortgage Type
VA

Purchase Details

Closed on
Mar 13, 2014
Sold by
Professional Foreclosure Corporation Of and King George
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
May 8, 2007
Sold by
Wells Fargo Bank Na
Bought by
King George and King Jamie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2007
Sold by
Binkley B Kathryn
Bought by
Wells Fargo Bank
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
Henderson Danielle G $215,000 Fidelity National Title
Gerace Michelle $223,500 Fidelity National Title
Morehead Scott F -- None Available
Morehead Christine M $65,000 Sage Title Group Llc
Secretary Of Housing And Urban Developme $166,894 None Available
King George $165,000 None Available
Wells Fargo Bank $169,150 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henderson Danielle G $155,000
Previous Owner Gerace Michelle $191,700
Previous Owner Morehead Christine M $66,397
Previous Owner King George $162,400
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 $2,494 $199,500 $38,500 $161,000
2024 $2,337 $190,000 $38,500 $151,500
2023 $2,138 $171,000 $38,500 $132,500
2022 $1,698 $135,800 $32,800 $103,000
2021 $1,306 $104,500 $24,600 $79,900
2020 $1,264 $101,100 $22,100 $79,000
2019 $1,064 $85,100 $22,100 $63,000
2018 $1,064 $85,100 $22,100 $63,000
2017 $987 $85,800 $22,100 $63,700
2016 $987 $141,200 $21,900 $119,300
2015 $1,611 $141,200 $21,900 $119,300
2014 $1,611 $141,200 $21,900 $119,300
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23503 Bay View

1222 E Ocean View Ave Unit 305, Norfolk, VA

This home is located at 1222 E Ocean View Ave Unit 305, Norfolk, VA 23503 and is currently estimated at $214,709, approximately $262 per square foot. 1222 E Ocean View Ave Unit 305 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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