Seller's Agent in 2025
Luann Burns
Swell Realty Co
(757) 449-0112
6 in this area
57 Total Sales
1230 E Ocean View Ave Norfolk, VA 23503
Bay View Neighborhood
4
Beds
2.5
Baths
2,600
Sq Ft
1933
Built
Highlights
- Beach View
- Deck
- Traditional Architecture
- Property Fronts a Bay or Harbor
- Marble Flooring
- Sun or Florida Room
About This Home
As of January 2025NO FLOOD INSURANCE REQUIRED on this beautifully renovated & CHARMING bayfront property with a solid rental history
as a lucrative short-term beach rental ($590 nightly summer & $290 nightly winter), but Sellers have cleared bookings for
you to owner occupy if so desired. Otherwise, bookings can quickly be filled on this highly sought-after, popular classic
beach home that exudes old charm not found in newer builds. (Pls note that 273 of the 2,600 square feet noted is a finished
detached garage that can serve as a 4th sleeping room (featuring a mini split hvac system, ceramic "wood" floor, half bath,
plus big closet). Too many features to list!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,875
Year Built
- Built in 1933
Lot Details
- Property Fronts a Bay or Harbor
- Privacy Fence
- Back Yard Fenced
Property Views
- Beach
- Bay
Home Design
- Traditional Architecture
- Cottage
- Slate Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 2,600 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Entrance Foyer
- Sun or Florida Room
- Utility Room
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 4 Car Parking Spaces
- Driveway
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Deck
Schools
- Ocean View Elementary School
- Northside Middle School
- Norview High School
Utilities
- Central Air
- Heat Pump System
- Heating System Uses Natural Gas
- 220 Volts
- Gas Water Heater
Community Details
- No Home Owners Association
- Cottage Line Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2024
Closed on
Jan 2, 2025
Sold by
Morato Katrina C and Roark Adrian
Bought by
Ali Dilshad and Ali Mir Taruj
Seller's Agent
Luann Burns
Swell Realty Co
Buyer's Agent
Luann Burns
Swell Realty Co
List Price
$900,000
Sold Price
$860,000
Premium/Discount to List
-$40,000
-4.44%
Views
99
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,551
Avg. Annual Appreciation
-2.24%
Original Mortgage
$618,750
Outstanding Balance
$617,171
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$229,078
Purchase Details
Closed on
Feb 17, 2021
Sold by
Young Helen Kimberlie
Bought by
Morato Katrina C and Roark Adrian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,300
Interest Rate
2.7%
Mortgage Type
VA
Purchase Details
Closed on
Sep 24, 2018
Sold by
Class Llc
Bought by
Young Helen Kimberlie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 27, 2017
Sold by
Vanleeuwen Steve and Van Leeuwen Sherrall L
Bought by
Class Llc A Virginia Limited Liability C
Purchase Details
Closed on
Sep 29, 2016
Sold by
The Jacka Trust
Bought by
Vanleeuwen Steve and Van Leeuwen Sherrall L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
3.43%
Mortgage Type
New Conventional
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $860,000 | Aurora Title | |
| Deed | $860,000 | Aurora Title | |
| Warranty Deed | $675,000 | Attorney | |
| Warranty Deed | $495,000 | Attorney | |
| Deed | -- | None Available | |
| Special Warranty Deed | $310,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $618,750 | New Conventional | |
| Closed | $618,750 | New Conventional | |
| Previous Owner | $699,300 | VA | |
| Previous Owner | $386,250 | New Conventional | |
| Previous Owner | $396,000 | New Conventional | |
| Previous Owner | $247,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/03/2025 01/03/25 | Sold | $860,000 | -4.4% | $331 / Sq Ft |
| 11/25/2024 11/25/24 | Pending | -- | -- | -- |
| 11/05/2024 11/05/24 | For Sale | $900,000 | +4.7% | $346 / Sq Ft |
| 11/05/2024 11/05/24 | Off Market | $860,000 | -- | -- |
| 11/01/2024 11/01/24 | For Sale | $900,000 | -- | $346 / Sq Ft |
Source: Real Estate Information Network (REIN)
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 | $7,277 | $577,400 | $242,000 | $335,400 |
| 2023 | $6,875 | $550,000 | $242,000 | $308,000 |
| 2022 | $6,600 | $528,000 | $220,000 | $308,000 |
| 2021 | $6,005 | $480,400 | $204,000 | $276,400 |
| 2020 | $5,816 | $465,300 | $194,000 | $271,300 |
| 2019 | $5,698 | $455,800 | $185,000 | $270,800 |
| 2018 | $3,956 | $316,500 | $185,000 | $131,500 |
| 2017 | $3,567 | $310,200 | $185,000 | $125,200 |
| 2016 | $3,920 | $432,300 | $305,000 | $127,300 |
| 2015 | $4,796 | $432,300 | $305,000 | $127,300 |
| 2014 | $4,796 | $432,300 | $305,000 | $127,300 |
Source: Public Records
Agents Affiliated with this Home
-
Luann Burns
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10557548
APN: 05477200
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