5048 Ocean Way Norfolk, VA 23518
East Ocean View NeighborhoodEstimated Value: $606,524 - $751,000
3
Beds
3
Baths
2,006
Sq Ft
$331/Sq Ft
Est. Value
About This Home
This home is located at 5048 Ocean Way, Norfolk, VA 23518 and is currently estimated at $663,631, approximately $330 per square foot. 5048 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
Feb 28, 2017
Sold by
Brown Edith S
Bought by
Everitt Lisa Ann
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
$360,000
Interest Rate
4.09%
Mortgage Type
VA
Purchase Details
Closed on
Mar 18, 2008
Sold by
Brown Edith S and Brown Elmer
Bought by
Brown Edith S
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 |
---|---|---|---|
Everitt Lisa Ann | $360,000 | Attorney | |
Brown Edith S | -- | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Everitt Lisa Ann | $342,450 | |
Closed | Everitt Lisa Ann | $360,000 | |
Previous Owner | Brown Edith S | $400,000 |
Source: Public Records
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 | $6,653 | $540,900 | $222,100 | $318,800 |
2023 | $6,395 | $511,600 | $222,100 | $289,500 |
2022 | $6,004 | $480,300 | $193,200 | $287,100 |
2021 | $4,833 | $386,600 | $148,600 | $238,000 |
2020 | $4,833 | $386,600 | $148,600 | $238,000 |
2019 | $4,833 | $386,600 | $148,600 | $238,000 |
2018 | $4,731 | $378,500 | $148,600 | $229,900 |
2017 | $4,506 | $391,800 | $148,600 | $243,200 |
2016 | $4,283 | $354,500 | $117,600 | $236,900 |
2015 | $4,042 | $354,500 | $117,600 | $236,900 |
2014 | $4,042 | $354,500 | $117,600 | $236,900 |
Source: Public Records
Map
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