NOT LISTED FOR SALE

2080 E Ocean View Ave Unit 5B Norfolk, VA 23503

Bay View Neighborhood

Estimated Value: $671,305 - $730,000

3 Beds
4 Baths
2,569 Sq Ft
$272/Sq Ft Est. Value

About This Home

This home is located at 2080 E Ocean View Ave Unit 5B, Norfolk, VA 23503 and is currently estimated at $698,826, approximately $272 per square foot. 2080 E Ocean View Ave Unit 5B is a home located in Norfolk City with nearby schools including Bay View Elementary School, Azalea Gardens Middle School, and Lake Taylor High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Peter Hanson
Bought by
Doleman Melody Warren
Current Estimated Value
$698,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,940
Outstanding Balance
$512,931
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$185,895

Purchase Details

Closed on
Mar 25, 2016
Sold by
Branch Banking And Trust A North Carolin
Bought by
Hanson Peter and Hanson Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,590
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2015
Sold by
Trustees Services Of Virginia Llc Sub Tr and Reid Billie J
Bought by
Branch Banking And Trust Company

Purchase Details

Closed on
Jul 30, 2007
Sold by
Cne Associates Llc
Bought by
Reid Billie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Doleman Melody Warren $600,000 Fidelity National Title
Hanson Peter $315,100 Fidelity National Title Co
Branch Banking And Trust Company $240,550 None Available
Reid Billie J $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doleman Melody Warren $539,940
Previous Owner Hanson Peter $283,590
Previous Owner Reid Billie J $90,000
Previous Owner Reid Billie J $360,000
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
2025 $8,353 $668,200 $179,800 $488,400
2024 $7,526 $611,900 $179,800 $432,100
2023 $6,936 $554,900 $179,800 $375,100
2022 $6,169 $493,500 $156,700 $336,800
2021 $4,995 $399,600 $156,700 $242,900
2020 $4,899 $391,900 $149,000 $242,900
2019 $4,758 $380,600 $149,000 $231,600
2018 $4,613 $369,000 $149,000 $220,000
2017 $4,272 $371,500 $149,000 $222,500
2016 $4,272 $368,400 $149,000 $219,400
2015 $4,214 $368,400 $149,000 $219,400
2014 $4,214 $368,400 $149,000 $219,400
Source: Public Records

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