Landlord's Agent in 2025
Stephanie Clark
RE/MAX
(757) 481-0441
10 in this area
524 Total Sales
5027 Ocean Way Norfolk, VA 23518
East Ocean View Neighborhood
3
Beds
2.5
Baths
2,025
Sq Ft
$327
Price per Sq Ft
Highlights
- Deck
- Cathedral Ceiling
- Main Floor Primary Bedroom
- Contemporary Architecture
- Wood Flooring
- Attic
About This Home
As of March 2025A Bay Point stunner nestled on a quiet cul-de-sac in a darling beachfront community and full of awesome natural light. A customized open floor-plan with cathedral ceilings and gleaming wood floors. A formal dining room is centered perfectly between the living area and open eat-in kitchen with granite counters, higher-end stainless steel appliances, a breakfast bar, and pantry! Oh my! Upstairs features an interior balcony overlooking your family room with walls of windows, custom built-ins, and gas fireplace on 1 side and your 2-story foyer and a sparkling chandelier on the other - SWEET! All of this and spacious bedrooms, nicely separated by a large hall and a 1st floor primary suite with vaulted ceilings, walk-in custom closets, and an elegant private bath. A 2-car garage PLUS attic space to hold all of your goodies. Just look at those PICS! Applicants must be able to move in within two weeks of the availability date and have credit scores over 600.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,488
Year Built
- Built in 2001
Lot Details
- Partially Fenced Property
- Wood Fence
Home Design
- Contemporary Architecture
- Asphalt Shingled Roof
Interior Spaces
- 2,025 Sq Ft Home
- Property has 1 Level
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Blinds
- Rods
- Entrance Foyer
- Utility Room
- Crawl Space
- Attic
Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- En-Suite Primary Bedroom
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
Accessible Home Design
- Modified Kitchen Range
Outdoor Features
- Deck
- Patio
Schools
- Little Creek Elementary School
- Azalea Gardens Middle School
- Lake Taylor High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Community Details
- Bay Point Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 30, 2020
Sold by
Kerwin Michael E and Kerwin Tanya G
Bought by
Waymouth Adam
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,519
Outstanding Balance
$391,315
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$270,515
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Waymouth Adam | $451,000 | Sage Title Group Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Waymouth Adam | $435,519 | |
| Previous Owner | Kerwin Tanya G | $293,250 | |
| Previous Owner | Kerwin Tanya G | $242,700 | |
| Previous Owner | Kerwin Tanya G | $236,800 | |
| Previous Owner | Kerwin Tanya G | $230,200 | |
| Previous Owner | Kerwin Tanya G | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | Rented | $3,200 | -- | -- |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
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 | $6,488 | $527,500 | $200,900 | $326,600 |
| 2023 | $6,219 | $497,500 | $200,900 | $296,600 |
| 2022 | $5,861 | $468,900 | $174,800 | $294,100 |
| 2021 | $4,735 | $378,800 | $134,400 | $244,400 |
| 2020 | $4,719 | $377,500 | $134,400 | $243,100 |
| 2019 | $4,719 | $377,500 | $134,400 | $243,100 |
| 2018 | $4,615 | $369,200 | $134,400 | $234,800 |
| 2017 | $4,172 | $362,800 | $134,400 | $228,400 |
| 2016 | $3,971 | $336,200 | $106,400 | $229,800 |
| 2015 | $3,832 | $336,200 | $106,400 | $229,800 |
| 2014 | $3,832 | $336,200 | $106,400 | $229,800 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Clark
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10570812
APN: 30559636
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