1878 E Ocean View Ave Unit C Norfolk, VA 23503
Bay View NeighborhoodEstimated Value: $298,000 - $406,000
2
Beds
2
Baths
1,155
Sq Ft
$308/Sq Ft
Est. Value
About This Home
This home is located at 1878 E Ocean View Ave Unit C, Norfolk, VA 23503 and is currently estimated at $356,068, approximately $308 per square foot. 1878 E Ocean View Ave Unit C 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
May 13, 2015
Sold by
Lippy William C and Lippy Judith P
Bought by
The Janet L Mcelhanon Trust Dated May 16
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
$172,125
Outstanding Balance
$134,547
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$237,230
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
The Janet L Mcelhanon Trust Dated May 16 | $229,500 | Attorney |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | The Janet L Mcelhanon Trust Dated May 16 | $172,125 | |
Previous Owner | Lippy William G | $109,300 |
Source: Public Records
Tax History Compared to Growth
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 | $4,081 | $331,800 | $109,700 | $222,100 |
2023 | $3,778 | $302,200 | $109,700 | $192,500 |
2022 | $3,400 | $272,000 | $95,900 | $176,100 |
2021 | $3,215 | $257,200 | $95,900 | $161,300 |
2020 | $2,883 | $230,600 | $90,100 | $140,500 |
2019 | $2,799 | $223,900 | $90,100 | $133,800 |
2018 | $2,696 | $215,700 | $90,100 | $125,600 |
2017 | $2,481 | $215,700 | $90,100 | $125,600 |
2016 | $2,374 | $209,700 | $89,800 | $119,900 |
2015 | $2,412 | $209,700 | $89,800 | $119,900 |
2014 | $2,412 | $209,700 | $89,800 | $119,900 |
Source: Public Records
Map
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