NOT LISTED FOR SALE

1878 E Ocean View Ave Unit B Norfolk, VA 23503

Bay View Neighborhood

Estimated Value: $324,000 - $444,000

3 Beds
2 Baths
1,305 Sq Ft
$283/Sq Ft Est. Value

About This Home

This home is located at 1878 E Ocean View Ave Unit B, Norfolk, VA 23503 and is currently estimated at $369,640, approximately $283 per square foot. 1878 E Ocean View Ave Unit B 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
Nov 24, 2008
Sold by
Balgavy Donna G and Rich Donna G
Bought by
Gracia James H and Volckmer Kerry E
Current Estimated Value
$369,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,211
Interest Rate
6.43%
Mortgage Type
FHA
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
Gracia James H $252,500 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volckmer Kerry E $44,667
Open Gracia James H $238,941
Previous Owner Gracia James H $249,211
Previous Owner Rich Donna G $135,000
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 $4,518 $367,300 $124,000 $243,300
2023 $4,186 $334,900 $124,000 $210,900
2022 $3,765 $301,200 $108,300 $192,900
2021 $3,564 $285,100 $108,300 $176,800
2020 $3,198 $255,800 $101,800 $154,000
2019 $3,106 $248,500 $101,800 $146,700
2018 $2,993 $239,400 $101,800 $137,600
2017 $2,753 $239,400 $101,800 $137,600
2016 $2,636 $233,000 $101,400 $131,600
2015 $2,680 $233,000 $101,400 $131,600
2014 $2,680 $233,000 $101,400 $131,600
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23503 Bay View

1878 E Ocean View Ave Unit B, Norfolk, VA

This home is located at 1878 E Ocean View Ave Unit B, Norfolk, VA 23503 and is currently estimated at $369,640, approximately $283 per square foot. 1878 E Ocean View Ave Unit B is a home located in Norfolk City with nearby schools including Bay View Elementary School, Azalea Gardens Middle School, and Norview High School.

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