NOT LISTED FOR SALE

494 W Ocean View Ave Norfolk, VA 23503

Willoughby Neighborhood

Estimated Value: $781,000 - $1,205,000

4 Beds
4 Baths
2,951 Sq Ft
$332/Sq Ft Est. Value

About This Home

This home is located at 494 W Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $979,858, approximately $332 per square foot. 494 W Ocean View Ave 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
Feb 15, 2023
Sold by
Darg David S and Darg Naomi J
Bought by
Grindrod Gary W and Grindrod Andrea F
Current Estimated Value
$979,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$536,107
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$443,751

Purchase Details

Closed on
Jan 11, 2016
Sold by
The Bank Of New York Mellon As Trustee
Bought by
Darg David S and Darg Naomi J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2015
Sold by
Equity Trustees Llc A Virginia Limited L and Harrison Sarah Davis
Bought by
The Bank Of New York Mellon As Trustee and The Cwalt Inc Alternative Loan Trust 200
Source: Public Records

Range of Values:

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
Grindrod Gary W $965,000 Chicago Title
Darg David S $315,000 Attorney
The Bank Of New York Mellon As Trustee $310,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grindrod Gary W $550,000
Previous Owner Darg David S $372,000
Previous Owner Darg David S $252,000
Previous Owner Harrison Sarah Davis $335,000
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 $10,616 $863,100 $300,900 $562,200
2023 $9,424 $753,900 $300,900 $453,000
2022 $6,665 $533,200 $300,900 $232,300
2021 $6,238 $499,000 $292,100 $206,900
2020 $6,100 $488,000 $281,100 $206,900
2019 $5,960 $476,800 $281,100 $195,700
2018 $5,820 $465,600 $281,100 $184,500
2017 $4,755 $413,500 $234,300 $179,200
2016 $4,715 $584,200 $379,500 $204,700
2015 $6,523 $584,200 $379,500 $204,700
2014 $6,523 $584,200 $379,500 $204,700
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23503 Willoughby

494 W Ocean View Ave, Norfolk, VA

This home is located at 494 W Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $979,858, approximately $332 per square foot. 494 W Ocean View Ave is a home located in Norfolk City with nearby schools including Ocean View Elementary School, Northside Middle School, and Granby High School.

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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