NOT LISTED FOR SALE

245 W Ocean View Ave Unit 101 Norfolk, VA 23503

West Ocean View Neighborhood

Estimated Value: $173,000 - $205,000

2 Beds
2 Baths
976 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 245 W Ocean View Ave Unit 101, Norfolk, VA 23503 and is currently estimated at $189,698, approximately $194 per square foot. 245 W Ocean View Ave Unit 101 is a home located in Norfolk City with nearby schools including Ocean View Elementary School, Northside Middle School, and Granby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2023
Sold by
Martin Donald G and Martin Aprille A
Bought by
Varias Mary Ann
Current Estimated Value
$189,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
7.09%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 28, 2022
Sold by
Judith Clements
Bought by
Martin Donald G and Martin Aprille A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,565
Interest Rate
5.81%
Mortgage Type
VA

Purchase Details

Closed on
Aug 26, 2011
Sold by
Fannie Mae
Bought by
Clements Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,800
Interest Rate
4.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 29, 2010
Sold by
Goodman Eric R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 23, 2005
Sold by
Mclellan Dennis E and Mclellan Bonnie S
Bought by
Goodman Eric R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,075
Interest Rate
5.75%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Varias Mary Ann $177,000 Fortis Title
Martin Donald G $155,000 Fidelity National Title
Clements Judith A $48,000 Virginia Title Center
Federal National Mortgage Association $123,456 None Available
Goodman Eric R $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varias Mary Ann $177,735
Closed Varias Mary Ann $177,000
Previous Owner Martin Donald G $158,565
Previous Owner Clements Judith A $66,500
Previous Owner Clements Judith A $40,800
Previous Owner Goodman Eric R $122,075
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
2024 $2,073 $165,800 $18,500 $147,300
2023 $1,314 $105,100 $18,500 $86,600
2022 $1,156 $92,500 $14,600 $77,900
2021 $1,068 $85,400 $11,700 $73,700
2020 $1,068 $85,400 $11,700 $73,700
2019 $1,004 $80,300 $11,700 $68,600
2018 $994 $79,500 $11,700 $67,800
2017 $922 $80,200 $11,700 $68,500
2016 $1,084 $120,100 $11,800 $108,300
2015 $1,397 $120,100 $11,800 $108,300
2014 $1,397 $120,100 $11,800 $108,300
Source: Public Records

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