1711 E Ocean View Ave Norfolk, VA 23503
Bay View Neighborhood
--
Bed
--
Bath
2,575
Sq Ft
0.28
Acres
About This Home
As of March 2025Updated/Renovated/Furnished TRIPLEX in prime Ocean View neighborhood across from the Chesapeake Bay with direct access to the gorgeous Bay beaches! Perfect opportunity for owner-occupant or investor! Updated 2,100+ sq ft townhome-style brick duplex + 468 sq ft cottage + 393 sq ft detached garage. Lot accommodates plenty of parking. Unit A and B have laundry in the units. Additional basement laundry for all units. DOES NOT REQUIRE FLOOD INSURANCE! Cottage, Unit C is available for viewing. 3 bd, Unit A will be available soon. A and B units can be seen as a condition of written purchase offers. Unit A is renting at $2,200 per month, Unit B rents at $1,995, Cottage rents at $1795. Plenty of attic space above garage. Tenants are currently on month-to-month lease terms. Most tenants have come from Airbnb and Furnished Finders. Priced $47,000 below assessment. This is an exceptional investment opportunity.
Co-Listed By
Samantha Midgett
KW Allegiance
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,349
Year Built
- Built in 1940
Lot Details
- Lot Dimensions are 77'x151'x82'x151'
- Chain Link Fence
Home Design
- Triplex
- Side-by-Side
- Brick Exterior Construction
- Asphalt Shingled Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2,575 Sq Ft Home
- Basement
- Crawl Space
Schools
- Bay View Elementary School
- Azalea Gardens Middle School
- Norview High School
Utilities
- Separate Meters
- Gas Water Heater
Community Details
- Ocean View Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2025
Closed on
Mar 6, 2025
Sold by
Carmel Holding Company Llc
Bought by
Fair Winds Properties Llc
Seller's Agent
Tom Coffey
KW Allegiance
Buyer's Agent
Angela Seretis
The Real Estate Group
List Price
$549,988
Sold Price
$595,000
Premium/Discount to List
$45,012
8.18%
Total Days on Market
35
Views
45
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.40%
Original Mortgage
$446,250
Outstanding Balance
$445,881
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$121,284
Purchase Details
Closed on
May 7, 2021
Sold by
Blevins Daniel J and Hall Barbara Diane
Bought by
Carmel Holding Company Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 13, 2018
Sold by
Blevins Daniel J
Bought by
Blevins Daniel J and Hall Barbara Diane
Purchase Details
Closed on
Jun 1, 2007
Sold by
Ryckman Ryan S and Ryckman Christina
Bought by
Blevins Daniel J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Norfolk, VA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $595,000 | Titlequest | |
| Warranty Deed | $435,000 | Apex Title & Settlement | |
| Interfamily Deed Transfer | -- | None Available | |
| Bargain Sale Deed | $398,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $446,250 | New Conventional | |
| Previous Owner | $397,500 | Credit Line Revolving | |
| Previous Owner | $425,000 | Purchase Money Mortgage | |
| Previous Owner | $298,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/13/2025 03/13/25 | Sold | $595,000 | +8.2% | $231 / Sq Ft |
| 03/05/2025 03/05/25 | Pending | -- | -- | -- |
| 03/05/2025 03/05/25 | For Sale | $549,988 | 0.0% | $214 / Sq Ft |
| 02/02/2025 02/02/25 | Pending | -- | -- | -- |
| 01/29/2025 01/29/25 | For Sale | $549,988 | -- | $214 / Sq Ft |
Source: Real Estate Information Network (REIN)
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 | $7,469 | $597,500 | $296,900 | $300,600 |
| 2023 | $7,344 | $587,500 | $296,900 | $290,600 |
| 2022 | $6,603 | $528,200 | $247,500 | $280,700 |
| 2021 | $5,336 | $426,900 | $233,800 | $193,100 |
| 2020 | $4,328 | $346,200 | $186,900 | $159,300 |
| 2019 | $4,145 | $331,600 | $178,100 | $153,500 |
| 2018 | $3,851 | $308,100 | $162,000 | $146,100 |
| 2017 | $3,519 | $306,000 | $162,000 | $144,000 |
| 2016 | $3,440 | $286,700 | $162,000 | $124,700 |
| 2015 | $3,297 | $286,700 | $162,000 | $124,700 |
| 2014 | $3,297 | $286,700 | $162,000 | $124,700 |
Source: Public Records
Source: Real Estate Information Network (REIN)
MLS Number: 10568076
APN: 35976900
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