NOT LISTED FOR SALE

5024 Ocean Way Norfolk, VA 23518

East Ocean View Neighborhood

Estimated Value: $658,258 - $819,000

3 Beds
3 Baths
2,374 Sq Ft
$295/Sq Ft Est. Value

About This Home

This home is located at 5024 Ocean Way, Norfolk, VA 23518 and is currently estimated at $701,315, approximately $295 per square foot. 5024 Ocean Way 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
Jul 26, 2019
Sold by
Just Right Homes Llc
Bought by
Simms Andrea Celeste
Current Estimated Value
$708,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2019
Sold by
Equity Trustees Llc
Bought by
Just Right Homes Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Simms Andrea Celeste $470,000 Priority Title & Escrow Llc
Just Right Homes Llc $335,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simms Andrea Celeste $441,600
Closed Simms Andrea Celeste $446,500
Previous Owner Vaughan James D $371,038
Previous Owner Vaughan James $135,000
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 $6,861 $557,800 $200,900 $356,900
2023 $6,578 $526,200 $200,900 $325,300
2022 $6,220 $497,600 $174,800 $322,800
2021 $5,079 $406,300 $134,400 $271,900
2020 $5,079 $406,300 $134,400 $271,900
2019 $4,816 $385,300 $134,400 $250,900
2018 $4,696 $375,700 $134,400 $241,300
2017 $4,249 $369,500 $134,400 $235,100
2016 $4,048 $350,500 $106,400 $244,100
2015 $3,995 $350,500 $106,400 $244,100
2014 $3,995 $350,500 $106,400 $244,100
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23518 East Ocean View

5024 Ocean Way, Norfolk, VA

This home is located at 5024 Ocean Way, Norfolk, VA 23518 and is currently estimated at $701,315, approximately $295 per square foot. 5024 Ocean Way 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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