NOT LISTED FOR SALE

1222 E Ocean View Ave Unit 502 Norfolk, VA 23503

Bay View Neighborhood

Estimated Value: $228,000 - $279,000

2 Beds
2 Baths
1,092 Sq Ft
$227/Sq Ft Est. Value

About This Home

This home is located at 1222 E Ocean View Ave Unit 502, Norfolk, VA 23503 and is currently estimated at $247,987, approximately $227 per square foot. 1222 E Ocean View Ave Unit 502 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
May 17, 2018
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Meloche Joseph
Current Estimated Value
$247,987

Purchase Details

Closed on
Aug 16, 2017
Sold by
Lakeview Loan Servicing Llc
Bought by
The Secretary Of Housing And Urban Devel

Purchase Details

Closed on
Jul 25, 2017
Sold by
Alg Trustee Llc A Virginia Limited Liabi and Moxley David
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Closed on
Jul 21, 2009
Sold by
King Robert S
Bought by
Moxley David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,800
Interest Rate
5.58%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2008
Sold by
Coriasco Robert L
Bought by
King Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,785
Interest Rate
6.5%
Mortgage Type
VA
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
Meloche Joseph $110,000 Title Concepts
The Secretary Of Housing And Urban Devel $162,810 Attorney
Lakeview Loan Servicing Llc $162,810 None Available
Moxley David W $169,000 Prime Title & Escrow
King Robert S $145,000 Prime Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meloche Joseph A $60,000
Previous Owner Moxley David W $162,800
Previous Owner King Robert S $149,785
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 $2,708 $216,600 $51,300 $165,300
2023 $490 $195,900 $51,300 $144,600
2022 $2,160 $172,800 $43,700 $129,100
2021 $1,746 $139,700 $32,800 $106,900
2020 $1,691 $135,300 $29,500 $105,800
2019 $1,419 $113,500 $29,500 $84,000
2018 $1,414 $113,100 $29,500 $83,600
2017 $1,312 $114,100 $29,500 $84,600
2016 $1,312 $179,200 $29,200 $150,000
2015 $2,046 $179,200 $29,200 $150,000
2014 $2,046 $179,200 $29,200 $150,000
Source: Public Records

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