NOT LISTED FOR SALE

1222 E Ocean View Ave Unit 501 Norfolk, VA 23503

Bay View Neighborhood

Estimated Value: $309,000 - $421,000

3 Beds
3 Baths
1,610 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 1222 E Ocean View Ave Unit 501, Norfolk, VA 23503 and is currently estimated at $383,903, approximately $238 per square foot. 1222 E Ocean View Ave Unit 501 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
Jan 31, 2013
Sold by
Regal Properties Ltd Lp
Bought by
Williams Aaron O
Current Estimated Value
$383,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,650
Outstanding Balance
$230,444
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$153,459

Purchase Details

Closed on
Aug 19, 2009
Sold by
Williams Aaron O
Bought by
Regal Properties Ltd Limited Partnership

Purchase Details

Closed on
Sep 1, 2006
Sold by
Mathis Gail L
Bought by
Williams Aaron O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2006
Sold by
Mathis Gail L
Bought by
Mathis Gail L
Source: Public Records

Range of Values:

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

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Williams Aaron O -- First American Title
Regal Properties Ltd Limited Partnership -- None Available
Williams Aaron O $455,000 --
Mathis Gail L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Aaron O $329,650
Previous Owner Williams Aaron O $364,000
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
2025 $5,068 $405,400 $75,700 $329,700
2024 $5,028 $408,800 $75,700 $333,100
2023 $4,590 $367,200 $75,700 $291,500
2022 $4,059 $324,700 $64,400 $260,300
2021 $3,433 $274,600 $48,300 $226,300
2020 $3,344 $267,500 $43,500 $224,000
2019 $2,806 $224,500 $43,500 $181,000
2018 $2,809 $224,700 $43,500 $181,200
2017 $2,607 $226,700 $43,500 $183,200
2016 $2,607 $310,600 $43,200 $267,400
2015 $3,542 $310,600 $43,200 $267,400
2014 $3,542 $310,600 $43,200 $267,400
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23503 Bay View

1222 E Ocean View Ave Unit 501, Norfolk, VA

This home is located at 1222 E Ocean View Ave Unit 501, Norfolk, VA 23503 and is currently estimated at $383,903, approximately $238 per square foot. 1222 E Ocean View Ave Unit 501 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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