932 E Ocean View Ave Norfolk, VA 23503
Bay View NeighborhoodEstimated Value: $1,466,000 - $1,873,000
7
Beds
5
Baths
5,402
Sq Ft
$297/Sq Ft
Est. Value
About This Home
This home is located at 932 E Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $1,606,944, approximately $297 per square foot. 932 E Ocean View Ave is a home located in Norfolk City with nearby schools including Oceanair Elementary School, Northside Middle School, and Norview High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 14, 2021
Sold by
Hong Tom A and Hong Cheryl L
Bought by
Hughes Gary W and Hughes Laura
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
$500,000
Outstanding Balance
$443,176
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,163,768
Purchase Details
Closed on
Dec 4, 2018
Sold by
Navy Federal Credit Union
Bought by
Hong Tom A and Hong Cheryl L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$683,924
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 7, 2017
Sold by
Commonwealth Asset Services Llc
Bought by
Navy Federal Credit Union
Purchase Details
Closed on
Aug 22, 2014
Sold by
Cbejv Llc A Virginia Limited Liability C
Bought by
Bates Basil B and Bates Helena D
Purchase Details
Closed on
Sep 1, 2005
Sold by
Beachcomber Llc
Bought by
Chesapeake Bay Estates Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hughes Gary W | $1,150,000 | Fidelity National Title | |
| Hong Tom A | $760,000 | Attorney | |
| Navy Federal Credit Union | $853,576 | None Available | |
| Bates Basil B | $850,000 | Navy Federal Title Services | |
| Chesapeake Bay Estates Llc | $3,250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hughes Gary W | $500,000 | |
| Previous Owner | Hong Tom A | $683,924 | |
| Previous Owner | Chesapeake Bay Estates Llc | $3,900,000 |
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 | $16,628 | $1,330,200 | $266,000 | $1,064,200 |
| 2024 | $15,654 | $1,272,700 | $242,000 | $1,030,700 |
| 2023 | $14,896 | $1,191,700 | $242,000 | $949,700 |
| 2022 | $14,621 | $1,169,700 | $220,000 | $949,700 |
| 2021 | $12,938 | $1,035,000 | $204,000 | $831,000 |
| 2020 | $11,751 | $940,100 | $194,000 | $746,100 |
| 2019 | $11,639 | $931,100 | $185,000 | $746,100 |
| 2018 | $12,869 | $1,029,500 | $185,000 | $844,500 |
| 2017 | $11,399 | $991,200 | $185,000 | $806,200 |
| 2016 | $11,767 | $1,159,800 | $305,000 | $854,800 |
| 2015 | $13,018 | $1,159,800 | $305,000 | $854,800 |
| 2014 | $13,018 | $1,159,800 | $305,000 | $854,800 |
Source: Public Records
Map
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