NOT LISTED FOR SALE

5024 Ocean Way Norfolk, VA 23518

East Ocean View Neighborhood

Estimated Value: $637,000 - $810,000

3 Beds
3 Baths
2,374 Sq Ft
$289/Sq Ft Est. Value

About This Home

This home is located at 5024 Ocean Way, Norfolk, VA 23518 and is currently estimated at $686,422, approximately $289 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
$686,422

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
Outstanding Balance
$391,013
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$295,409

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $446,500
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
2025 $7,433 $594,600 $200,900 $393,700
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 $686,422, approximately $289 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.

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.

Nearby Homes