1520 E Ocean View Ave Norfolk, VA 23503
Bay View NeighborhoodEstimated Value: $778,000 - $1,112,000
6
Beds
5
Baths
3,557
Sq Ft
$263/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 $934,468, approximately $262 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
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
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Home Values in the Area
Average Home Value in this Area
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 |
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 | $11,571 | $925,700 | $382,500 | $543,200 |
| 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
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