NOT LISTED FOR SALE

988 W Ocean View Ave Norfolk, VA 23503

Willoughby Neighborhood

Estimated Value: $512,000 - $627,000

4 Beds
4 Baths
2,285 Sq Ft
$246/Sq Ft Est. Value

About This Home

This home is located at 988 W Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $562,178, approximately $246 per square foot. 988 W Ocean View Ave 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
Oct 18, 2021
Sold by
Sorensen Paul D and Sorensen Lynda E
Bought by
Kinsey Carol Binford
Current Estimated Value
$560,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,850
Outstanding Balance
$257,573
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$289,757

Purchase Details

Closed on
Aug 22, 2017
Sold by
Jones Richard B
Bought by
Sorensen Paul D and Sorensen Lynda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2010
Sold by
Deutsche Bank National Trust Co
Bought by
Jones Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.75%
Mortgage Type
VA

Purchase Details

Closed on
Oct 2, 2009
Sold by
Tuttle Theresa Marie
Bought by
Lsf6 Mercury Reo Investments Trust Serie
Source: Public Records

Range of Values:

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
Kinsey Carol Binford $425,000 True North Title
Sorensen Paul D $310,000 Attorney
Jones Richard B $250,000 --
Lsf6 Mercury Reo Investments Trust Serie $237,620 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinsey Carol Binford $278,850
Previous Owner Sorensen Paul D $232,500
Previous Owner Jones Richard B $242,375
Previous Owner Jones Richard B $250,000
Previous Owner Tuttle Theresa Marie $343,000
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
2024 $6,205 $504,500 $57,800 $446,700
2023 $5,484 $438,700 $57,800 $380,900
2022 $4,931 $394,500 $50,000 $344,500
2021 $4,269 $341,500 $50,000 $291,500
2020 $4,119 $329,500 $50,000 $279,500
2019 $3,890 $311,200 $50,000 $261,200
2018 $3,653 $292,200 $50,000 $242,200
2017 $3,156 $274,400 $47,500 $226,900
2016 $3,156 $244,900 $47,500 $197,400
2015 $2,816 $244,900 $47,500 $197,400
2014 $2,816 $244,900 $47,500 $197,400
Source: Public Records

Map

Virginia Norfolk City County Norfolk 23503 Willoughby

988 W Ocean View Ave, Norfolk, VA

This home is located at 988 W Ocean View Ave, Norfolk, VA 23503 and is currently estimated at $562,178, approximately $246 per square foot. 988 W Ocean View 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.

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