Seller's Agent in 2025
Ron Sawyer
RE/MAX
(757) 515-1362
3 in this area
722 Total Sales
242 W Balview Ave Norfolk, VA 23503
West Ocean View Neighborhood
2
Beds
1
Bath
1,300
Sq Ft
7,492
Sq Ft Lot
Highlights
- City Lights View
- Attic
- Central Air
- Wood Flooring
- No HOA
- 3-minute walk to Monkey Bottom Park
About This Home
As of May 2025Charming Beachside Ranch Retreat in Ocean View! Just a few blocks from the beach, this 2-bedroom, 1-bath ranch blends coastal charm with modern updates. Step inside to a bright and inviting living space featuring a cozy wood-burning fireplace, perfect for relaxing after a day by the water. The updated kitchen boasts stylish finishes and functionality, ideal for everyday cooking or entertaining guests.Enjoy year-round comfort on the closed-in side porch, offering extra space for a home office, reading nook, or sunny sitting area. The fenced backyard provides a private outdoor escape—great for pets, gardening, or weekend cookouts.Whether you're looking for your dream home, a weekend getaway, or an investment opportunity, this beach-close beauty offers the perfect blend of location and lifestyle.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,033
Year Built
- Built in 1954
Lot Details
- Back Yard Fenced
- Property is zoned R-12
Home Design
- Brick Exterior Construction
- Asphalt Shingled Roof
Interior Spaces
- 1,300 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- City Lights Views
- Crawl Space
- Attic Fan
- Washer and Dryer Hookup
Kitchen
- Gas Range
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 2 Car Parking Spaces
- Driveway
- On-Street Parking
Schools
- Ocean View Elementary School
- Northside Middle School
- Granby High School
Utilities
- Central Air
- Radiator
- Heat Pump System
- Heating System Uses Oil
- Electric Water Heater
- Fuel Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Ocean View Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2025
Closed on
May 28, 2025
Sold by
Graham Austin W
Bought by
Tenen Levi
Seller's Agent
Ron Sawyer
RE/MAX Prime
Buyer's Agent
Jacquelyn Paolella
KW Coastal Virginia Chesapeake
List Price
$279,900
Sold Price
$292,500
Premium/Discount to List
$12,600
4.5%
Views
52
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
$5,978
Avg. Annual Appreciation
3.49%
Original Mortgage
$234,000
Outstanding Balance
$233,402
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$65,076
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 |
|---|---|---|---|
| Bargain Sale Deed | $292,500 | Titlequest |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $234,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | $292,500 | +0.9% | $225 / Sq Ft |
| 05/12/2025 05/12/25 | Pending | -- | -- | -- |
| 04/25/2025 04/25/25 | Price Changed | $289,900 | +3.6% | $223 / Sq Ft |
| 04/25/2025 04/25/25 | For Sale | $279,900 | -- | $215 / 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 |
|---|---|---|---|---|
| 2025 | $3,634 | $290,700 | $115,400 | $175,300 |
| 2024 | $3,033 | $246,600 | $115,400 | $131,200 |
| 2023 | $2,974 | $237,900 | $115,400 | $122,500 |
| 2022 | $2,710 | $216,800 | $100,400 | $116,400 |
| 2021 | $2,393 | $191,400 | $90,500 | $100,900 |
| 2020 | $2,310 | $184,800 | $87,800 | $97,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Sawyer
-
Henry Cobb
Seller Co-Listing Agent in 2025
Henry Cobb
RE/MAX
(757) 793-8259
2 in this area
114 Total Sales
-
Jacquelyn Paolella
Buyer's Agent in 2025
Jacquelyn Paolella
KW Coastal Virginia Chesapeake
(757) 386-7777
2 in this area
91 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10580213
APN: 43658601
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