NOT LISTED FOR SALE

4035 E Ocean View Ave Norfolk, VA 23518

East Ocean View Neighborhood

Estimated Value: $2,692,366

Studio
-- Bath
12,136 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 4035 E Ocean View Ave, Norfolk, VA 23518 and is currently estimated at $2,692,366, approximately $221 per square foot. 4035 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 13, 2024
Sold by
Tern Commercial Llc
Bought by
Shore Crossing Llc
Current Estimated Value
$2,692,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Outstanding Balance
$800,867
Interest Rate
6.2%
Estimated Equity
$1,891,499

Purchase Details

Closed on
Feb 12, 2024
Sold by
Edc Homes-The Tern Llc
Bought by
The Tern Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Outstanding Balance
$800,867
Interest Rate
6.2%
Estimated Equity
$1,891,499

Purchase Details

Closed on
Aug 20, 2019
Sold by
Talbot Park Associates Ii Llc
Bought by
The Tern Commercial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.7%
Mortgage Type
Non Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2018
Sold by
Rilada Llc A Virginia Limited Liability
Bought by
Talbot Park Associates Ii Llc A Virginia

Purchase Details

Closed on
Jul 28, 2010
Sold by
Zeno Allan S
Bought by
Rilada Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Shore Crossing Llc $2,500,000 Chicago Title
The Tern Llc -- Fidelity National Title
The Tern Commercial Llc $1,030,000 Priority Title & Escrow Llc
Talbot Park Associates Ii Llc A Virginia -- None Available
Rilada Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shore Crossing Llc $820,000
Open Shore Crossing Llc $2,125,000
Previous Owner The Tern Commercial Llc $280,000
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 $24,045 $1,923,600 $522,400 $1,401,200
2024 $19,311 $1,544,900 $522,400 $1,022,500
2023 $16,769 $1,400,800 $522,400 $878,400
2022 $13,226 $1,058,100 $522,400 $535,700
2021 $13,226 $1,058,100 $522,400 $535,700
2020 $12,181 $974,500 $485,000 $489,500
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23518 East Ocean View

4035 E Ocean View Ave, Norfolk, VA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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