NOT LISTED FOR SALE

2505 E Ocean View Ave Norfolk, VA 23518

East Ocean View Neighborhood

Estimated Value: $667,000 - $724,000

3 Beds
3 Baths
2,255 Sq Ft
$307/Sq Ft Est. Value

About This Home

This home is located at 2505 E Ocean View Ave, Norfolk, VA 23518 and is currently estimated at $692,554, approximately $307 per square foot. 2505 E Ocean View Ave is a home located in Norfolk City with nearby schools including Little Creek Elementary School, Azalea Gardens Middle School, and Lake Taylor High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2020
Sold by
Edc Homes I Llc
Bought by
Kovacic Samuel Francis and Kovacic Lillian Burnette
Current Estimated Value
$702,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,792
Outstanding Balance
$283,433
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$409,121

Purchase Details

Closed on
Jun 14, 2018
Sold by
Norfolk Redevelopment And Housing Author
Bought by
Edc Homes I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,701
Interest Rate
4.6%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Kovacic Samuel Francis $458,275 Titlequest Of Hampton Roads
Edc Homes I Llc $73,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovacic Samuel Francis $320,792
Previous Owner Edc Homes I Llc $257,701
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 $8,851 $708,100 $194,200 $513,900
2024 $8,346 $678,500 $185,100 $493,400
2023 $7,981 $638,500 $171,200 $467,300
2022 $6,974 $557,900 $132,700 $425,200
2021 $6,330 $506,400 $132,700 $373,700
2020 $5,939 $475,100 $115,600 $359,500
2019 $2,116 $169,300 $101,900 $67,400
2018 $1,051 $93,100 $93,100 $0
2017 $0 $93,100 $93,100 $0
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23518 East Ocean View

2505 E Ocean View Ave, Norfolk, VA

Not Listed for Sale

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