NOT LISTED FOR SALE

1427 W Ocean View Ave Norfolk, VA 23503

Willoughby Neighborhood

Estimated Value: $400,000 - $541,000

1 Bed
1 Bath
600 Sq Ft
$760/Sq Ft Est. Value

About This Home

This home is located at 1427 W Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $456,000, approximately $760 per square foot. 1427 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
Nov 26, 2024
Sold by
Grosskopf Patrick
Bought by
Rallston Bungalow Llc
Current Estimated Value
$456,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,200
Outstanding Balance
$448,595
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$7,405

Purchase Details

Closed on
Jul 14, 2020
Sold by
Stitt Christopher
Bought by
Grosskopf Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,308
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Closed on
Mar 12, 2018
Sold by
Middleton Randal A and Middleton Michelle
Bought by
Stitt Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,260
Interest Rate
4.46%
Mortgage Type
VA

Purchase Details

Closed on
Feb 18, 2010
Sold by
Hall Cynthia Lee and Nichols Christian G
Bought by
Middleton Randal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,622
Interest Rate
5%
Mortgage Type
VA
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
Rallston Bungalow Llc -- None Listed On Document
Grosskopf Patrick $272,499 Attorney
Stitt Christopher $220,000 Title Alliance Greenbrier
Middleton Randal A $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rallston Bungalow Llc $452,200
Previous Owner Grosskopf Patrick $282,308
Previous Owner Stitt Christopher $227,260
Previous Owner Middleton Randal A $219,622
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 $4,471 $357,700 $125,400 $232,300
2024 $4,368 $355,100 $125,400 $229,700
2023 $3,903 $312,200 $125,400 $186,800
2022 $3,470 $277,600 $109,000 $168,600
2021 $3,115 $249,200 $109,000 $140,200
2020 $2,951 $236,100 $109,000 $127,100
2019 $2,848 $227,800 $109,000 $118,800
2018 $2,515 $201,200 $109,000 $92,200
2017 $2,207 $191,900 $104,000 $87,900
2016 $2,207 $165,300 $104,000 $61,300
2015 $1,901 $165,300 $104,000 $61,300
2014 $1,901 $165,300 $104,000 $61,300
Source: Public Records

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