1340 E Ocean View Ave Norfolk, VA 23503
Bay View Neighborhood
Studio
--
Bath
12,286
Sq Ft
0.51
Acres
About This Home
This home is located at 1340 E Ocean View Ave, Norfolk, VA 23503. 1340 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
Mar 16, 2007
Sold by
Ballard Fish & Ouster Co
Bought by
Global Hospitality Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,350,000
Outstanding Balance
$2,643,067
Interest Rate
6.33%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Global Hospitality Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Global Hospitality Llc | $4,350,000 |
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 | $30,194 | $2,415,500 | $673,000 | $1,742,500 |
| 2024 | $28,836 | $2,344,400 | $673,000 | $1,671,400 |
| 2023 | $28,181 | $2,254,500 | $673,000 | $1,581,500 |
| 2022 | $27,235 | $2,178,800 | $673,000 | $1,505,800 |
| 2021 | $29,964 | $2,397,100 | $673,000 | $1,724,100 |
| 2020 | $35,215 | $2,817,200 | $651,300 | $2,165,900 |
| 2019 | $34,421 | $2,753,700 | $651,300 | $2,102,400 |
| 2018 | $34,344 | $2,747,500 | $651,300 | $2,096,200 |
| 2017 | $30,014 | $2,609,900 | $651,300 | $1,958,600 |
| 2016 | $27,870 | $1,783,700 | $911,800 | $871,900 |
| 2015 | $14,730 | $1,783,700 | $911,800 | $871,900 |
| 2014 | $14,730 | $1,783,700 | $911,800 | $871,900 |
Source: Public Records
Map
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