NOT LISTED FOR SALE

517 W Ocean View Ave Unit B Norfolk, VA 23503

Willoughby Neighborhood

Estimated Value: $211,000 - $267,000

2 Beds
2 Baths
1,316 Sq Ft
$185/Sq Ft Est. Value

About This Home

This home is located at 517 W Ocean View Ave Unit B, Norfolk, VA 23503 and is currently estimated at $243,159, approximately $184 per square foot. 517 W Ocean View Ave Unit B is a home located in Norfolk City with nearby schools including Ocean View Elementary School, Northside Middle School, and Granby High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2012
Sold by
Fannie Mae
Bought by
Mertens Gregory M
Current Estimated Value
$243,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,295
Outstanding Balance
$45,419
Interest Rate
3.89%
Mortgage Type
VA
Estimated Equity
$197,740

Purchase Details

Closed on
Jun 6, 2011
Sold by
Johnson Sharon L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 8, 2005
Sold by
Mclain Stephen and Perdue Sidney Ray
Bought by
Sharon L Johnson Revocable Living Trust and Johnson Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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

Date Buyer Sale Price Title Company
Mertens Gregory M $64,900 Streamline Title & Escrow
Federal National Mortgage Association $143,386 None Available
Sharon L Johnson Revocable Living Trust $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mertens Gregory M $66,295
Previous Owner Sharon L Johnson Revocable Living Trust $144,000
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 $2,708 $216,600 $38,200 $178,400
2024 $2,710 $220,300 $38,200 $182,100
2023 $2,440 $195,200 $38,200 $157,000
2022 $2,069 $165,500 $29,000 $136,500
2021 $1,955 $156,400 $29,000 $127,400
2020 $1,938 $155,000 $27,600 $127,400
2019 $1,859 $148,700 $27,600 $121,100
2018 $1,659 $132,700 $27,600 $105,100
2017 $1,526 $132,700 $27,600 $105,100
2016 $1,398 $159,200 $27,700 $131,500
2015 $1,622 $159,200 $27,700 $131,500
2014 $1,622 $159,200 $27,700 $131,500
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23503 Willoughby

517 W Ocean View Ave Unit B, Norfolk, VA

This home is located at 517 W Ocean View Ave Unit B, Norfolk, VA 23503 and is currently estimated at $243,159, approximately $184 per square foot. 517 W Ocean View Ave Unit B is a home located in Norfolk City with nearby schools including Ocean View Elementary School, Northside Middle School, and Granby 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.

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