NOT LISTED FOR SALE

1322 E Ocean View Ave Unit A Norfolk, VA 23503

Bay View Neighborhood

Estimated Value: $520,000 - $910,957

2 Beds
1 Bath
1,100 Sq Ft
$678/Sq Ft Est. Value

About This Home

This home is located at 1322 E Ocean View Ave Unit A, Norfolk, VA 23503 and is currently estimated at $745,319, approximately $677 per square foot. 1322 E Ocean View Ave Unit A 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
Jun 6, 2024
Sold by
Schutts Marian Shortt and Schutts Stephanie J
Bought by
1322 E Ocean View Llc
Current Estimated Value
$745,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Outstanding Balance
$711,262
Interest Rate
8.22%
Mortgage Type
New Conventional
Estimated Equity
$156,424

Purchase Details

Closed on
Sep 15, 2021
Sold by
Schutts Marian Shortt
Bought by
Schutts Marian Shortt and Schutts Marian M

Purchase Details

Closed on
Aug 10, 2021
Sold by
Schuts Marian Shortt
Bought by
Double T Dunes Llc

Purchase Details

Closed on
Jun 2, 2021
Sold by
1322 E Ocean View Avenue Llc
Bought by
Schutts Marian Shortt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,035
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2018
Sold by
Ford Catherine R
Bought by
Ford Catherine Roberts and The Catherine R Ford Trust

Purchase Details

Closed on
Dec 1, 2016
Sold by
Ford Catherine R
Bought by
1322 E Oceoan View Avenue Llc A Virginia

Purchase Details

Closed on
Jun 30, 2006
Sold by
Roberts Bentley M and Roberts Mildred M
Bought by
Roberts Mildred M and The Mildred M Roberts Revocable Trust

Purchase Details

Closed on
Aug 4, 2003
Sold by
Parsons Linda E
Bought by
Paulson Kenneth D
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
1322 E Ocean View Llc $895,000 Vintage Estates Title
Schutts Marian Shortt -- None Available
Double T Dunes Llc -- None Available
Schutts Marian Shortt $465,300 Attorney
Ford Catherine Roberts -- None Available
1322 E Oceoan View Avenue Llc A Virginia -- None Available
Roberts Mildred M -- --
Paulson Kenneth D $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1322 E Ocean View Llc $716,000
Previous Owner Schutts Marian Shortt $453,000
Previous Owner Schutts Marian Shortt $437,035
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
2024 $7,352 $597,700 $242,000 $355,700
2023 $6,036 $482,900 $242,000 $240,900
2022 $5,761 $460,900 $220,000 $240,900
2021 $4,940 $344,400 $204,000 $140,400
2020 $4,131 $330,500 $194,000 $136,500
2019 $4,019 $321,500 $185,000 $136,500
2018 $3,985 $318,800 $185,000 $133,800
2017 $3,608 $313,700 $185,000 $128,700
2016 $3,976 $434,600 $305,000 $129,600
2015 $4,820 $434,600 $305,000 $129,600
2014 $4,820 $434,600 $305,000 $129,600
Source: Public Records

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