NOT LISTED FOR SALE

583 W Ocean View Ave Unit B Norfolk, VA 23503

Willoughby Neighborhood

Estimated Value: $178,000 - $220,000

2 Beds
1 Bath
840 Sq Ft
$239/Sq Ft Est. Value

About This Home

This home is located at 583 W Ocean View Ave Unit B, Norfolk, VA 23503 and is currently estimated at $200,607, approximately $238 per square foot. 583 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
Jul 14, 2023
Sold by
Diversified Investors Llc
Bought by
Rhm Properties Llc
Current Estimated Value
$200,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Outstanding Balance
$93,453
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$107,154

Purchase Details

Closed on
Jul 7, 2022
Sold by
Consumer Properties Llc
Bought by
Diversified Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Rhm Properties Llc $205,000 None Listed On Document
Diversified Investors Llc $130,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhm Properties Llc $153,750
Previous Owner Diversified Investors Llc $140,000
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 $2,200 $176,000 $55,400 $120,600
2024 $2,170 $176,400 $55,400 $121,000
2023 $1,805 $144,800 $55,400 $89,400
2022 $1,639 $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

Virginia Norfolk City County Norfolk 23503 Willoughby

583 W Ocean View Ave Unit B, Norfolk, VA

Not Listed for Sale

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