NOT LISTED FOR SALE

1861 E Ocean View Ave Norfolk, VA 23503

Bay View Neighborhood

Estimated Value: $491,000 - $529,000

4 Beds
3 Baths
2,601 Sq Ft
$196/Sq Ft Est. Value

About This Home

This home is located at 1861 E Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $511,095, approximately $196 per square foot. 1861 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
Feb 22, 2023
Sold by
Lin Feng and Kubo Xiang
Bought by
Adams Kristina and Adams Jimmie
Current Estimated Value
$511,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Outstanding Balance
$380,071
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$131,024

Purchase Details

Closed on
Dec 1, 2021
Sold by
Bradley Michael F
Bought by
Lin Feng and Lin Kubo Xiang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 19, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bradley Michael F

Purchase Details

Closed on
Nov 4, 2014
Sold by
Samuel I White Pc A Professional Corpora
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Feb 19, 2008
Sold by
Saunders Libby A and Demery Libby A
Bought by
Demery Thomas W and Demery Libby A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Adams Kristina $435,000 Linear Title
Lin Feng $400,000 Rs Settlement Services Llc
Bradley Michael F $223,000 Stewart Title Guaranty Co
Federal Home Loan Mortgage Corp $158,510 None Available
Demery Thomas W -- Stewart Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Kristina $391,500
Previous Owner Lin Feng $318,000
Previous Owner Demery Thomas W $233,500
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 $5,708 $456,600 $189,500 $267,100
2023 $5,596 $447,700 $189,500 $258,200
2022 $5,251 $420,100 $170,600 $249,500
2021 $4,695 $375,600 $156,600 $219,000
2020 $4,255 $340,400 $125,300 $215,100
2019 $4,083 $326,600 $119,300 $207,300
2018 $3,774 $301,900 $108,000 $193,900
2017 $3,439 $299,000 $108,000 $191,000
2016 $3,335 $275,200 $108,000 $167,200
2015 $3,165 $275,200 $108,000 $167,200
2014 $3,165 $275,200 $108,000 $167,200
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23503 Bay View

1861 E Ocean View Ave, Norfolk, VA

This home is located at 1861 E Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $511,095, approximately $196 per square foot. 1861 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.

Nearby Homes