583 W Ocean View Ave Unit A Norfolk, VA 23503
Willoughby NeighborhoodEstimated Value: $183,000 - $194,000
2
Beds
2
Baths
840
Sq Ft
$223/Sq Ft
Est. Value
About This Home
This home is located at 583 W Ocean View Ave Unit A, Norfolk, VA 23503 and is currently estimated at $187,481, approximately $223 per square foot. 583 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
May 9, 2022
Sold by
Ray Smith James
Bought by
Smith James Ray and Blaska Morgan
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
$126,349
Outstanding Balance
$119,336
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$68,145
Purchase Details
Closed on
Apr 5, 2021
Sold by
Turner Terry Lee
Bought by
Smith James Ray
Purchase Details
Closed on
Jul 21, 2011
Sold by
Fannie Mae
Bought by
Turner Terry Lee
Purchase Details
Closed on
Jun 14, 2011
Sold by
Gaither Norman and Gaither Rosemary
Bought by
Fannie Mae
Purchase Details
Closed on
Apr 7, 2010
Sold by
Kesser Lawrence A and Dobrinsky Robert H
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Sep 5, 2006
Sold by
Blair Weeden K
Bought by
Kesserf Lawrence A and Dobrinsky Robert H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,250
Interest Rate
6.71%
Mortgage Type
Credit Line Revolving
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Smith James Ray | $126,300 | Stratford Title | |
Smith James Ray | -- | None Available | |
Turner Terry Lee | $55,000 | Old Republic National Title | |
Fannie Mae | -- | Streamline Title & Escrow | |
Federal National Mortgage Association | $194,884 | None Available | |
Kesserf Lawrence A | $212,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Smith James Ray | $126,349 | |
Previous Owner | Kesserf Lawrence A | $21,250 |
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 | $2,151 | $172,100 | $55,400 | $116,700 |
2024 | $2,121 | $172,400 | $55,400 | $117,000 |
2023 | $1,810 | $144,800 | $55,400 | $89,400 |
2022 | $1,689 | $135,100 | $49,600 | $85,500 |
2021 | $1,579 | $126,300 | $46,200 | $80,100 |
2020 | $1,764 | $141,100 | $42,800 | $98,300 |
2019 | $1,716 | $137,300 | $42,800 | $94,500 |
2018 | $1,631 | $130,500 | $42,800 | $87,700 |
2017 | $1,684 | $146,400 | $42,800 | $103,600 |
2016 | $1,684 | $148,000 | $40,900 | $107,100 |
2015 | $1,702 | $148,000 | $40,900 | $107,100 |
2014 | $1,702 | $148,000 | $40,900 | $107,100 |
Source: Public Records
Map
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