NOT LISTED FOR SALE

822 Willoughby Bay Ave Norfolk, VA 23503

Willoughby Neighborhood

Estimated Value: $409,000 - $540,000

3 Beds
2 Baths
1,364 Sq Ft
$344/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $490,000 $359 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,790/month

41 Days on Market

Highlights

  • Waterfront
  • Deck
  • Balcony
  • A-Frame Home
  • Gazebo
  • Walking Distance to Water

About This Home

As of May 2024

FULLY furnished, and HUGE price reduction! The Tangerine Dream is nestled at the end of Little Bay Ave and sits directly across from the beach at Captain’s Quarters Park. The Dream was the seller's private home prior to becoming a licensed SHORT TERM rental. Currently licensed as a 3 bedroom/2 bath home that lends itself to having two dens or additional sleeping space. The views from either balcony are amazing, but don’t miss the other outdoor living spaces! Seating and lounge areas under the house and tropical gazebo areas are shaded and protected from elements. The outdoor bar lends itself to happy hours or space for serving meals off the grill. Outdoor shower and plenty of parking for cars, a boat, and even space for an RV. Don't miss the adorable privacy fence with crabs sipping wine and an octopus enjoying a martini! Down the street from the public boat ramp and across OV Ave from the Chesapeake Bay! The home is fully furnished and ready to keep in service as a short term rental. Flood $463 ANNUALLY!

Last Agent to Sell the Property

Kelley Dirom

RE/MAX Commonwealth Brokerage Email: kedirom@verizon.net License #0225088988 Listed on: 03/01/2024

RE/MAX Commonwealth

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 1983

Lot Details

  • Waterfront
  • Privacy Fence
  • Fenced
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • A-Frame Home
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,364 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Insulated Doors
  • Vinyl Flooring
  • Water Views

Kitchen

  • Induction Cooktop
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck
  • Patio
  • Gazebo
  • Outdoor Gas Grill

Schools

  • Ocean View Elementary School
  • Northside Middle School
  • Granby High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 48102500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,964

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1983
  • Property Attached Yn: No
  • Attribution Contact: kedirom@verizon.net
  • Ownership: Individuals
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1364.0
  • Architectural Style: A-Frame
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Vinyl
  • Appliances: Dryer, Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Smooth Cooktop, Wine Cooler, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Sliding Doors
  • Living Area: 1364.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt, Other, Shingle
  • Fencing: Fenced, Privacy
  • Lot Features: Level
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: Bayfront, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Disclosure on File, Familial Relation, Owner Is Listing Agent
  • Construction Type: Drywall, T1-11 Siding, Wood Siding
  • Exterior Features: Deck, Gas Grill
  • Other Structures: Gazebo
  • Patio And Porch Features: Balcony, Patio, Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Northside

Lot Info

  • Topography: Level
  • Parcel Number: 48102500
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2963.76

MLS Schools

  • Elementary School: Ocean View
  • High School: Granby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 3, 2024
Sold by
Collins Michael Patrick and Dirom Katherine Elizabeth
Bought by
Collins Jason Michael
Seller's Agent
Kelley Dirom
RE/MAX Commonwealth
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$549,000
Sold Price
$490,000
Premium/Discount to List
-$59,000
-10.75%
Views
308
Current Estimated Value
$468,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,462
Avg. Annual Appreciation
-5.12%
Original Mortgage
$392,000
Outstanding Balance
$387,416
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$69,750

Purchase Details

Closed on
Feb 2, 2015
Sold by
Collins Michael Patrick
Bought by
Collins Michael Patrick and Dirom Katherine Elizabeth
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Collins Jason Michael $490,000 Old Republic National Title
Collins Michael Patrick -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Jason Michael $392,000
Previous Owner Collins Michael Patrick $179,000
Previous Owner Geiss Tina T $84,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $490,000 -2.0% $359 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
03/11/2024 03/11/24 Price Changed $499,900 -8.9% $366 / Sq Ft
03/01/2024 03/01/24 For Sale $549,000 -- $402 / Sq Ft
Source: Central Virginia Regional MLS

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
2024 $3,789 $278,400 $63,300 $215,100
2023 $2,964 $237,100 $63,300 $173,800
2022 $2,856 $228,500 $63,300 $165,200
2021 $2,599 $207,900 $61,500 $146,400
2020 $2,474 $197,900 $51,500 $146,400
2019 $2,374 $189,900 $51,500 $138,400
2018 $2,233 $178,600 $51,500 $127,100
2017 $1,916 $166,600 $43,000 $123,600
2016 $1,887 $203,200 $70,000 $133,200
2015 $2,209 $203,200 $70,000 $133,200
2014 $2,209 $203,200 $70,000 $133,200
Source: Public Records

Agents Affiliated with this Home

  • Kelley Dirom

    Seller's Agent in 2024

    Kelley Dirom

    RE/MAX

    (804) 741-5995

    1 in this area

    60 Total Sales

    Kelley Dirom
    Section Image

  • N

    Buyer's Agent in 2024

    NON MLS USER MLS

    NON MLS OFFICE

See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2405182

Central Virginia Regional MLS

APN: 48102500

Virginia Norfolk City County Norfolk 23503 Willoughby

822 Willoughby Bay Ave, Norfolk, VA

This home is located at 822 Willoughby Bay Ave, Norfolk, VA 23503 since 01 March 2024 and is currently estimated at $468,538, approximately $343 per square foot. This property was built in 1983. 822 Willoughby Bay Ave 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.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

Nearby Homes