NOT LISTED FOR SALE

1301 W Ocean View Ave Norfolk, VA 23503

Willoughby Neighborhood

Estimated Value: $584,000 - $720,000

4 Beds
4 Baths
2,363 Sq Ft
$266/Sq Ft Est. Value

About This Home

This home is located at 1301 W Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $628,520, approximately $265 per square foot. 1301 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
Jun 14, 2022
Sold by
Bradley Alexandra F and Bradley Jeremy G
Bought by
Gandhi Umapathy
Current Estimated Value
$628,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Outstanding Balance
$383,833
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$244,687

Purchase Details

Closed on
Feb 22, 2018
Sold by
Just Right Homes Llc A Virginia Limited
Bought by
Bradley Alexandra F and Bradley Jeremy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,030
Interest Rate
3.99%
Mortgage Type
VA

Purchase Details

Closed on
Nov 7, 2017
Sold by
Equity Trustees Llc A Virginia Limited L
Bought by
Just Right Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.83%
Mortgage Type
Commercial
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
Gandhi Umapathy $505,000 Rocket Title
Bradley Alexandra F $327,000 Priority Title & Escrow
Just Right Homes Llc $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gandhi Umapathy $404,000
Previous Owner Bradley Alexandra F $334,030
Previous Owner Just Right Homes Llc $2,500,000
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
2025 $7,105 $568,400 $125,400 $443,000
2024 $6,868 $558,400 $125,400 $433,000
2023 $6,053 $484,200 $125,400 $358,800
2022 $5,381 $417,400 $109,000 $308,400
2021 $4,835 $386,800 $109,000 $277,800
2020 $4,696 $375,700 $109,000 $266,700
2019 $4,478 $358,200 $109,000 $249,200
2018 $4,291 $343,300 $109,000 $234,300
2017 $3,811 $331,400 $104,000 $227,400
2016 $3,811 $275,400 $104,000 $171,400
2015 $3,167 $275,400 $104,000 $171,400
2014 $3,167 $275,400 $104,000 $171,400
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23503 Willoughby

1301 W Ocean View Ave, Norfolk, VA

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