$281,000 - $312,000
RENTED APR 5, 2025

1948 E Ocean View Ave Unit 20 Norfolk, VA 23503

Bay View Neighborhood
2 Beds
2.5 Baths
1,102 Sq Ft
$265 Price per Sq Ft

Highlights

  • Deck
  • Cathedral Ceiling
  • 1 Fireplace
  • Transitional Architecture
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of April 2025

This spacious oceanfront condo offers the perfect blend of comfort and luxury. With 2 bedrooms and 2.5 bathrooms, this condo provides ample space for you to relax and unwind. The cathedral ceilings and fireplace wood create a warm and inviting atmosphere, perfect for cozy nights in. Step out onto your two balconies and be captivated by the breathtaking views of the Chesapeake Bay. With over 1000 sq ft of living space, you'll have plenty of room to entertain guests or simply enjoy the tranquility of your surroundings. As a resident, you'll have private access to the beach, allowing you to soak up the sun and enjoy the sand between your toes. Conveniently located near shopping centers. Additionally, this condo is in close proximity to Norfolk Naval and Little Creek bases, making it an ideal location for military personnel. "ASK ABOUT OUR ZERO DEPOSIT"

Last Agent to Rent the Property

RuthAnn Fields

Osprey Property Managment Inc Listed on: 02/07/2025

Last Renter's Agent

RuthAnn Fields

Osprey Property Managment Inc Listed on: 02/07/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,986

Year Built

  • Built in 1985

Lot Details

  • 1,694

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Asphalt Shingled Roof

Interior Spaces

  • 1,102 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Entrance Foyer
  • Utility Closet
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • 1 Car Parking Space
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Schools

  • Bay View Elementary School
  • Azalea Gardens Middle School
  • Norview High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • 1,694 Sq Ft Lot

Community Details

  • Ocean View East Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,986

Year Built

Built in 1985

Lot Details

0

Rental Info

  • Rental Type: Townhouse
  • Lease Type: Yearly
  • Lease Conditions: Lease, Security Deposit
  • Rent Includes: None

Listing Details

  • Property Type: Rental
  • Property Type - Cross Property: Rental
  • Style: Traditional, Transitional
  • GarageYN: No
  • LP/ Sq Ft: 1.53
  • Estimated Year Built: 1985
  • Address Street Name Website: Ocean View
  • Address Street Num Website: 1948
  • Address Website: 1948 E Ocean View AVE
  • Fence: No
  • Insurance Required Y N: Yes
  • Market Time: 57
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Built: 1985

Interior Features

  • Interior Amenities: Cathedral Ceiling, Walk-In Closet
  • Fireplaces Number: 1
  • Equipment: Cable Hookup, Ceiling Fan
  • Flooring Type: Carpet, Vinyl, Wood
  • Windows Treatments: Blinds
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • First Floor Bedroom/Full Bathrooms: No
  • Other Rooms: Breakfast Area, Foyer, PBR with Bath, Utility Closet
  • Appliances: Dishwasher, Disposal, Dryer Hookup, Range, Refrigerator, Washer Hookup
  • Floor Level: 1
  • Stories Number: 3.0000
  • Estimated Sq Ft: 1102

Exterior Features

  • Exterior Features: Deck
  • Foundation Type: Other
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: 1 Space, Assigned/Reserved, Off Street, Street

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Heat Pump

Condo/Co-op/Association

  • Pets: Pet Deposit Addl, Pet Rent Addl

Schools

  • Elementary School: Bay View Elementary
  • Middle School: Azalea Gardens Middle
  • High School: Norview

Lot Info

  • Waterfront YN: No
  • Estimated Acres: 0.0389

MLS Schools

  • Elementary School: Bay View Elementary
  • School High School: Norview
  • Middle School: Azalea Gardens Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Benson Lindsay
Bought by
Magaro Steven A
Current Estimated Value
$291,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Outstanding Balance
$167,043
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$123,251
Source: Public Records

Range of Values:

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Average Value
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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
Magaro Steven A $186,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magaro Steven A $186,000
Previous Owner Benson Lindsay A $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2025 04/05/25 Rented $1,685 0.0% --
03/11/2025 03/11/25 Price Changed $1,685 -8.7% $2 / Sq Ft
02/07/2025 02/07/25 For Rent $1,845 -- --
Source: Real Estate Information Network (REIN)

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 $2,986 $242,800 $109,100 $133,700
2023 $2,811 $224,900 $109,100 $115,800
2022 $2,509 $200,700 $94,800 $105,900
2021 $2,426 $194,100 $94,800 $99,300
2020 $2,409 $192,700 $94,800 $97,900
2019 $2,350 $188,000 $94,800 $93,200
2018 $2,240 $179,200 $94,800 $84,400
2017 $2,071 $180,100 $94,800 $85,300
2016 $2,071 $180,700 $95,000 $85,700
2015 $2,056 $180,700 $95,000 $85,700
2014 $2,056 $180,700 $95,000 $85,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10569550

Real Estate Information Network (REIN)

APN: 45129900