1301 E Ocean View Ave Norfolk, VA 23503
Bay View NeighborhoodEstimated Value: $525,954 - $568,000
4
Beds
4
Baths
2,363
Sq Ft
$231/Sq Ft
Est. Value
About This Home
This home is located at 1301 E Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $545,989, approximately $231 per square foot. 1301 E Ocean View Ave is a home located in Norfolk City with nearby schools including Bay View Elementary School, Azalea Gardens Middle School, and Norview High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 28, 2021
Sold by
Smith Joshua C and Smith Tina M
Bought by
Pham Vivian Hai and Tran Emily
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
$338,400
Outstanding Balance
$309,258
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$236,731
Purchase Details
Closed on
May 29, 2008
Sold by
Richardson Homes Inc
Bought by
Smith Joshua C and Smith Tina M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 5, 2008
Sold by
Norfolk Redevelopment & Hsng Authority
Bought by
Richardson Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,240
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving
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 |
|---|---|---|---|
| Pham Vivian Hai | $430,000 | Regency Title&Escr Svcs Inc | |
| Smith Joshua C | $335,000 | Heritage Title Ltd | |
| Richardson Homes Inc | $55,000 | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pham Vivian Hai | $338,400 | |
| Previous Owner | Smith Joshua C | $335,000 | |
| Previous Owner | Richardson Homes Inc | $262,240 |
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 | $6,290 | $503,200 | $149,000 | $354,200 |
| 2024 | $5,954 | $484,100 | $135,500 | $348,600 |
| 2023 | $5,726 | $458,100 | $135,500 | $322,600 |
| 2022 | $5,313 | $425,000 | $102,400 | $322,600 |
| 2021 | $4,576 | $351,200 | $97,500 | $253,700 |
| 2020 | $4,189 | $335,100 | $86,000 | $249,100 |
| 2019 | $3,974 | $317,900 | $78,000 | $239,900 |
| 2018 | $3,610 | $288,800 | $78,000 | $210,800 |
| 2017 | $3,175 | $276,100 | $78,000 | $198,100 |
| 2016 | $3,135 | $263,500 | $74,500 | $189,000 |
| 2015 | $3,030 | $263,500 | $74,500 | $189,000 |
| 2014 | $3,030 | $263,500 | $74,500 | $189,000 |
Source: Public Records
Map
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