NOT LISTED FOR SALE

2542 E Ocean View Ave Norfolk, VA 23518

East Ocean View Neighborhood

Estimated Value: $1,478,000 - $2,309,348

6 Beds
6 Baths
7,527 Sq Ft
$244/Sq Ft Est. Value

About This Home

This home is located at 2542 E Ocean View Ave, Norfolk, VA 23518 and is currently estimated at $1,837,116, approximately $244 per square foot. 2542 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
Feb 2, 2005
Sold by
Mair Madeline
Bought by
Mair John B and Mair Madeline
Current Estimated Value
$1,837,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$568,717
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$1,138,178
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Mair John B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mair John B $350,646
Closed Mair John B $385,600
Closed Mair John B $407,200
Open Mair John B $1,000,000
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
2024 $26,258 $2,134,800 $610,000 $1,524,800
2023 $25,696 $2,055,700 $610,000 $1,445,700
2022 $23,738 $1,899,000 $554,100 $1,344,900
2021 $21,550 $1,724,000 $426,300 $1,297,700
2020 $21,291 $1,703,300 $405,600 $1,297,700
2019 $20,401 $1,632,100 $390,000 $1,242,100
2018 $19,823 $1,585,800 $390,000 $1,195,800
2017 $18,476 $1,606,600 $390,000 $1,216,600
2016 $19,267 $1,410,300 $458,800 $951,500
2015 $17,663 $1,410,300 $458,800 $951,500
2014 $17,663 $1,410,300 $458,800 $951,500
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23518 East Ocean View

2542 E Ocean View Ave, Norfolk, VA

This home is located at 2542 E Ocean View Ave, Norfolk, VA 23518 and is currently estimated at $1,837,116, approximately $244 per square foot. 2542 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.

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