NOT LISTED FOR SALE

1520 E Ocean View Ave Norfolk, VA 23503

Bay View Neighborhood

Estimated Value: $896,777 - $1,349,000

6 Beds
5 Baths
3,557 Sq Ft
$295/Sq Ft Est. Value

About This Home

This home is located at 1520 E Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $1,050,694, approximately $295 per square foot. 1520 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, 2015
Sold by
Lofton Leasing Llc A Virginia Limited Li
Bought by
Fifteen-Twenty Ocean View Llc A Virginia
Current Estimated Value
$1,050,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.88%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Oct 6, 2015
Sold by
Simpson Roger D
Bought by
Lofton Leasing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.88%
Mortgage Type
Land Contract Argmt. Of Sale
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
Fifteen-Twenty Ocean View Llc A Virginia -- None Available
Lofton Leasing Llc $625,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lofton Leasing Llc $500,000
Previous Owner Simpson Roger D $938,250
Previous Owner Simpson Roger D $90,000
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
2024 $11,336 $921,600 $382,500 $539,100
2023 $10,590 $847,200 $364,500 $482,700
2022 $9,805 $784,400 $325,500 $458,900
2021 $9,411 $752,900 $325,500 $427,400
2020 $8,548 $683,800 $275,000 $408,800
2019 $8,235 $658,800 $250,000 $408,800
2018 $7,853 $628,200 $250,000 $378,200
2017 $7,145 $621,300 $250,000 $371,300
2016 $7,145 $614,900 $420,000 $194,900
2015 $7,054 $614,900 $420,000 $194,900
2014 $7,054 $614,900 $420,000 $194,900
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23503 Bay View

1520 E Ocean View Ave, Norfolk, VA

This home is located at 1520 E Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $1,050,694, approximately $295 per square foot. 1520 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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