1271 W Ocean View Ave Norfolk, VA 23503
Willoughby NeighborhoodEstimated Value: $485,102 - $562,000
            
                3
                Beds
            
            
            
                4
                Baths
            
            
            
                1,800
                Sq Ft
            
            
                
                    $286/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 1271 W Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $515,026, approximately $286 per square foot. 1271 W Ocean View Ave is a home located in Norfolk City with nearby schools including Ocean View Elementary School, Northside Middle School, and Granby High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Oct 5, 2023
            
        
                Sold by
            
            
                Bohanan Paul James and Bohanan Zihrije
            
        
                Bought by
            
            
                Quintero Joan Suarez and Rodriguez Greta Diaz
            
        
                            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
            
            
                $449,704
            
        
                Outstanding Balance
            
            
                $440,659
            
        
                Interest Rate
            
            
                7%
            
        
                Mortgage Type
            
            
                FHA
            
        
                Estimated Equity
            
            
                $74,367
            
        Purchase Details
                Closed on
            
            
                Aug 13, 2021
            
        
                Sold by
            
            
                Casanova Alma G
            
        
                Bought by
            
            
                Bohanan Paul James and Bohanan Zihrije
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $322,245
            
        
                Interest Rate
            
            
                2.8%
            
        
                Mortgage Type
            
            
                VA
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Quintero Joan Suarez | $458,000 | Titlequest | |
| Bohanan Paul James | $315,000 | Priority Title & Escrow | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Quintero Joan Suarez | $449,704 | |
| Previous Owner | Bohanan Paul James | $322,245 | 
                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 | 
|---|---|---|---|---|
| 2025 | $5,416 | $433,300 | $60,700 | $372,600 | 
| 2024 | $5,262 | $427,800 | $60,700 | $367,100 | 
| 2023 | $4,515 | $361,200 | $60,700 | $300,500 | 
| 2022 | $4,055 | $324,400 | $52,500 | $271,900 | 
| 2021 | $3,588 | $287,000 | $52,500 | $234,500 | 
| 2020 | $3,466 | $277,300 | $52,500 | $224,800 | 
| 2019 | $3,284 | $262,700 | $52,500 | $210,200 | 
| 2018 | $3,224 | $257,900 | $52,500 | $205,400 | 
| 2017 | $2,849 | $247,700 | $49,900 | $197,800 | 
| 2016 | $3,258 | $213,100 | $49,900 | $163,200 | 
| 2015 | $2,451 | $213,100 | $49,900 | $163,200 | 
| 2014 | $2,451 | $213,100 | $49,900 | $163,200 | 
                Source: Public Records
                    
            
        Map
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