NOT LISTED FOR SALE

589 W Ocean View Ave Unit 2 Norfolk, VA 23503

Willoughby Neighborhood

Estimated Value: $163,000 - $186,000

2 Beds
1 Bath
840 Sq Ft
$208/Sq Ft Est. Value

About This Home

This home is located at 589 W Ocean View Ave Unit 2, Norfolk, VA 23503 and is currently estimated at $174,863, approximately $208 per square foot. 589 W Ocean View Ave Unit 2 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
Mar 16, 2023
Sold by
Maxwell Trevor C
Bought by
Rhm Properties Llc
Current Estimated Value
$174,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Outstanding Balance
$47,387
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$127,476

Purchase Details

Closed on
Apr 8, 2020
Sold by
Crawford Patrick E
Bought by
Maxwell Trevor C and Baker John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2016
Sold by
Ravenel John Bishop and Ravenel Arthur
Bought by
Crawford Patrick E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Rhm Properties Llc $155,000 Fidelity National Title
Maxwell Trevor C $110,000 Rs Settlement Services Llc
Crawford Patrick E $89,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhm Properties Llc $83,000
Previous Owner Maxwell Trevor C $82,500
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 $2,048 $163,800 $55,400 $108,400
2024 $2,022 $164,400 $55,400 $109,000
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 $1,754 $140,300 $42,800 $97,500
2019 $0 $136,500 $42,800 $93,700
2018 $1,492 $129,700 $42,800 $86,900
2017 $1,503 $130,700 $42,800 $87,900
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

589 W Ocean View Ave Unit 2, Norfolk, VA

Not Listed for Sale

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