540 W Ocean View Ave Unit A Norfolk, VA 23503
Willoughby NeighborhoodEstimated Value: $550,447 - $700,000
3
Beds
3
Baths
2,157
Sq Ft
$292/Sq Ft
Est. Value
About This Home
This home is located at 540 W Ocean View Ave Unit A, Norfolk, VA 23503 and is currently estimated at $630,612, approximately $292 per square foot. 540 W Ocean View Ave Unit A 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
Jan 30, 2018
Sold by
Jones John Kipling and Jones Judith Jackson
Bought by
Sayles Shannon M
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
$320,000
Outstanding Balance
$271,011
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$359,601
Purchase Details
Closed on
Aug 25, 2006
Sold by
Jones John Kipling
Bought by
Jones John Kipling and Jones Judith Jackson
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Sayles Shannon M | $400,000 | Attorney | |
Jones John Kipling | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Sayles Shannon M | $320,000 |
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 |
---|---|---|---|---|
2025 | $6,994 | $559,500 | $226,500 | $333,000 |
2024 | $6,751 | $548,900 | $226,500 | $322,400 |
2023 | $6,381 | $510,500 | $226,500 | $284,000 |
2022 | $5,880 | $470,400 | $198,400 | $272,000 |
2021 | $5,591 | $447,300 | $189,800 | $257,500 |
2020 | $5,315 | $425,200 | $181,200 | $244,000 |
2019 | $5,203 | $416,200 | $181,200 | $235,000 |
2018 | $5,248 | $419,800 | $181,200 | $238,600 |
2017 | $4,833 | $420,300 | $181,200 | $239,100 |
2016 | $4,833 | $443,800 | $181,400 | $262,400 |
2015 | $4,809 | $443,800 | $181,400 | $262,400 |
2014 | $4,809 | $443,800 | $181,400 | $262,400 |
Source: Public Records
Map
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