1222 E Ocean View Unit 305 Ave Norfolk, VA 23503
Bay View NeighborhoodEstimated Value: $192,000 - $222,089
1
Bed
2
Baths
819
Sq Ft
$259/Sq Ft
Est. Value
About This Home
This home is located at 1222 E Ocean View Unit 305 Ave, Norfolk, VA 23503 and is currently estimated at $212,272, approximately $259 per square foot. 1222 E Ocean View Unit 305 Ave 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
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
$154,141
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$58,951
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | |
Previous Owner | Binkley Kathryn B | $245,250 |
Source: Public Records
Tax History Compared to Growth
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 | $2,337 | $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
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