1878 E Ocean View Ave Unit E Norfolk, VA 23503
Bay View Neighborhood
2
Beds
1
Bath
1,005
Sq Ft
1,437
Sq Ft Lot
Highlights
- Property Fronts a Bay or Harbor
- Contemporary Architecture
- Utility Closet
- Deck
- Corner Lot
- Balcony
About This Home
As of August 2024Enjoy breathtaking views of the Chesapeake Bay from your Bayfront condo! This charming 2-bedroom, 1-bath condo offers direct access to the beach. With recent updates to the kitchen, bath and windows, this home exudes modern comfort and coastal charm. The spacious layout is great for both relaxation and entertaining. Located in a prime area, you're just moments away from restaurants, breweries, shopping centers, and recreational options like fishing piers, beach parks, and golf courses. This move-in ready condo is an ideal retreat for those seeking a blend of convenience and natural beauty. Don't miss this chance to own a piece of paradise!
Last Buyer's Agent
Sara Dunbar
Redfin Corporation
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,400
Year Built
- Built in 1982
Lot Details
- Property Fronts a Bay or Harbor
- Corner Lot
HOA Fees
- $253 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Property Attached
- Asphalt Shingled Roof
- Vinyl Siding
- Pile Dwellings
Interior Spaces
- 1,005 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Window Treatments
- Utility Closet
- Bay Views
- Scuttle Attic Hole
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Covered Parking
- Assigned Parking
Outdoor Features
- Balcony
- Deck
- Storage Shed
Schools
- Bay View Elementary School
- Azalea Gardens Middle School
- Norview High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
Overview
- Self Managed Dan Krupp/ Djkrupp@Yahoo.Com Association
- Low-Rise Condominium
- Ocean View Subdivision
Amenities
- Door to Door Trash Pickup
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2024
Closed on
Aug 26, 2024
Sold by
Cleasby Jeffrey M and Cleasby Katie M
Bought by
Palumbo Kelly Ann
Seller's Agent
Kelly Hollowell
BHHS RW Towne Realty
Buyer's Agent
Sara Dunbar
Redfin Corporation
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%
Total Days on Market
18
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,764
Avg. Annual Appreciation
1.36%
Original Mortgage
$315,000
Outstanding Balance
$313,077
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$40,687
Purchase Details
Closed on
Dec 19, 2019
Sold by
Graver Todd and Graver Kim
Bought by
Cleasby Jeffrey M and Cleasby Katie M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 19, 2017
Sold by
Lippy William G and Lippy Judith P
Bought by
Graver Todd and Graver Kim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Similar Homes in Norfolk, VA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $350,000 | Fidelity National Title | |
| Warranty Deed | $240,000 | Champion Title & Stlmnts Inc | |
| Warranty Deed | $152,000 | Advance Title & Abstract |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | New Conventional | |
| Previous Owner | $127,000 | New Conventional | |
| Previous Owner | $215,000 | New Conventional | |
| Previous Owner | $114,000 | New Conventional | |
| Previous Owner | $102,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $350,000 | +0.3% | $348 / Sq Ft |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- |
| 07/31/2024 07/31/24 | For Sale | $349,000 | -- | $347 / Sq Ft |
Source: Real Estate Information Network (REIN)
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 | $3,956 | $298,800 | $95,500 | $203,300 |
| 2023 | $3,396 | $271,700 | $95,500 | $176,200 |
| 2022 | $3,058 | $244,600 | $83,400 | $161,200 |
| 2021 | $2,891 | $231,300 | $83,400 | $147,900 |
| 2020 | $2,590 | $207,200 | $78,400 | $128,800 |
| 2019 | $2,440 | $195,200 | $78,400 | $116,800 |
| 2018 | $2,349 | $187,900 | $78,400 | $109,500 |
| 2017 | $2,161 | $187,900 | $78,400 | $109,500 |
| 2016 | $2,068 | $183,100 | $78,200 | $104,900 |
| 2015 | $2,105 | $183,100 | $78,200 | $104,900 |
| 2014 | $2,105 | $183,100 | $78,200 | $104,900 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Hollowell
Seller's Agent in 2024
Kelly Hollowell
BHHS RW Towne Realty
(757) 717-5022
4 in this area
144 Total Sales
-
Buyer's Agent in 2024
Sara Dunbar
Redfin Corporation
(757) 407-5807
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10545141
APN: 02699020
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