$975,000
SOLD JAN 31, 2025
5 Beds
3 Baths
2,662 Sq Ft
0.32 Acres

Recently Sold

$366 Per Sq Ft

15% Below List Price

138 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Wooded Lot
  • Beach View
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of January 2025

STUNNING BAYFRONT PROPERTY nestled along the serene Norfolk coastline! 5 Spacious Bedroom, 3 Bath home offers an unparalleled living experience. Boasting mature landscaping & majestic trees, the property ensures the utmost privacy & tranquility. Step out of your home onto the pristine sandy beach & enjoy BREATHTAKING views of the Bay from multiple vantage points. VACANT NEIGHBORING & BAYFRONT LOT also available offering endless possibilities for expansion, recreational space, a garden or relish in privacy without a neighbor next door! Just 2 minutes from the vibrant East Beach community w/charming shops, boating, eateries & recreational activities. PRIME, UNIQUE LOCATION perfect for those seeking a luxurious coastal lifestyle, this bayfront gem is a RARE find! This home has great potential for customization and will require a few updates. Don't miss the opportunity to own this exquisite home & adjoining lot. Schedule your private tour and experience the magic of bayfront, beach living!

Last Agent to Sell the Property

Dr. Karen Powell

Iron Valley Real Estate Hampton Roads Listed on: 09/13/2024

Iron Valley Real Estate Hampton Roads

Last Buyer's Agent

Dr. Karen Powell

Iron Valley Real Estate Hampton Roads Listed on: 09/13/2024

Iron Valley Real Estate Hampton Roads

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,185

Year Built

  • Built in 1996

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Partially Fenced Property
  • Chain Link Fence
  • Wooded Lot
  • Property is zoned R-12

Property Views

  • Beach
  • Bay

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Cottage
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,662 Sq Ft Home
  • 2-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Utility Closet
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Parking Spaces
  • Parking Available
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Little Creek Elementary School
  • Azalea Gardens Middle School
  • Lake Taylor High School

Utilities

  • Central Air
  • Baseboard Heating
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ocean View Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,185

Year Built

Built in 1996

Lot Details

0

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property Type - Cross Property: Detached Residential
  • Style: Contemp, Cottage, Traditional
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: 65-70
  • Master Model: No
  • Unit Description: 2 Living Lvl
  • LP/ Sq Ft: 375.47
  • Estimated Year Built: 1996
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Ocean View (& 2720, 2722)
  • Address Street Num Website: 2726
  • Address Website: 2726 E Ocean View (& 2720, 2722) AVE
  • Fence: Yes
  • Market Time: 138
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 2
  • Year Built: 1996

Interior Features

  • Interior Amenities: Bar, Cathedral Ceiling, Fireplace Gas-natural, Primary Sink-Double, Skylights, Walk-In Attic, Walk-In Closet, Window Treatments
  • Fireplaces Number: 1
  • Equipment: Cable Hookup, Ceiling Fan
  • Flooring Type: Ceramic, Wood
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, 1st Floor Primary BR, Attic, Breakfast Area, Foyer, PBR with Bath, Pantry, Porch, Utility Closet
  • Appliances: 220 V Elec, Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Stories Number: 2.0000
  • Estimated Sq Ft: 2662

Exterior Features

  • Exterior Features: Deck, Wooded
  • Exterior Siding: Brick, Vinyl
  • Fence Description: Chain Link, Partial
  • Foundation Type: Crawl
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • View: Bay, Beach
  • Waterfront Description: Bay, Ocean

Garage/Parking

  • Parking: 4 Space, Multi Car, Off Street, Driveway Spc

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Gas
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Basebd

Schools

  • Elementary School: Little Creek Elementary
  • Middle School: Azalea Gardens Middle
  • High School: Lake Taylor

Lot Info

  • Waterfront YN: Yes
  • Zoning: R-12

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 12185

MLS Schools

  • Elementary School: Little Creek Elementary
  • School High School: Lake Taylor
  • Middle School: Azalea Gardens Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Jan 31, 2025
Sold by
Studioross Llc
Bought by
Spring Hannah and Spring David
Seller's Agent
Dr. Karen Powell
Iron Valley Real Estate Hampton Roads
Buyer's Agent
Dr. Karen Powell
Iron Valley Real Estate Hampton Roads
List Price
$1,149,000
Sold Price
$975,000
Premium/Discount to List
-$174,000
-15.14%
Views
339
Current Estimated Value
$970,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,821
Avg. Annual Appreciation
-0.70%
Original Mortgage
$975,000
Outstanding Balance
$584,706
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
$385,473
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Bargain Sale Deed $975,000 Gem Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $975,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $975,000 -2.5% $366 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
12/07/2024 12/07/24 Price Changed $999,500 -9.1% $375 / Sq Ft
09/26/2024 09/26/24 Price Changed $1,099,000 -4.4% $413 / Sq Ft
09/13/2024 09/13/24 For Sale $1,149,000 -- $432 / Sq Ft
Source: Real Estate Information Network (REIN)

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 $11,999 $959,900 $485,000 $474,900
2024 $12,326 $986,100 $765,000 $221,100
2023 $12,185 $974,800 $765,000 $209,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10550812

Real Estate Information Network (REIN)

APN: 15775006