NOT LISTED FOR SALE

5024 Ocean Way Norfolk, VA 23518

East Ocean View Neighborhood

Estimated Value: $667,000 - $771,000

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 $700,787, 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2019
Sold by
Bought by
Current Estimated Value
$700,787

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
0.038%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2019
Sold by
Bought by
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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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.

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$470,000 Priority Title & Escrow Llc
$335,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $441,600
Closed $446,500
Previous Owner $371,038
Previous Owner $135,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,314 $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

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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