NOT LISTED FOR SALE

Estimated Value: $672,790

3 Beds
3 Baths
2,450 Sq Ft
$275/Sq Ft Est. Value

About This Home

This home is located at 5031 Ocean Way, Norfolk, VA 23518 and is currently priced at $672,790, approximately $274 per square foot. 5031 Ocean Way is a home located in Norfolk City.

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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 19, 2025
Sold by
Bought by
Current Estimated Value
$672,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,750
Outstanding Balance
$605,542
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$67,248

Purchase Details

Closed on
Jul 7, 2023
Sold by
Bought by

Purchase Details

Closed on
May 18, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2018
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,326
Interest Rate
5%
Mortgage Type
VA

Purchase Details

Closed on
Feb 27, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,326
Interest Rate
5%
Mortgage Type
VA

Purchase Details

Closed on
Sep 8, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
9.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$645,000 First American Title Insurance
$648,000 Fidelity National Title
$465,000 Attorney
$331,000 None Available
$396,250 Stewart Title Insurance
$308,371 None Available
$575,000 --
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 $612,750
Previous Owner $360,000
Previous Owner $372,000
Previous Owner $538,786
Previous Owner $526,700
Previous Owner $409,326
Previous Owner $282,090
Previous Owner $575,000
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 $7,615 $600,000 $222,100 $377,900
2024 $6,946 $564,700 $222,100 $342,600
2023 $6,598 $511,600 $222,100 $289,500
2022 $6,003 $480,200 $193,200 $287,000
2021 $5,049 $403,900 $148,600 $255,300
2020 $5,049 $403,900 $148,600 $255,300
2019 $5,049 $403,900 $148,600 $255,300
2018 $4,895 $391,600 $148,600 $243,000
2017 $4,422 $384,500 $148,600 $235,900
2016 $4,199 $355,700 $117,600 $238,100
2015 $4,055 $355,700 $117,600 $238,100
2014 $4,055 $355,700 $117,600 $238,100
Source: Public Records

Map

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