5 months on rocket

1423 E Ocean View Ave Unit 5, Norfolk, VA, 23503

$159,900

Home List Price

$1,899*

Closing Credit

1 Bedroom
1 Full Bath
605 SqFt
$264/SqFt
Condo

Location

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1423 E Ocean View Ave Unit 5, Norfolk$159,900

Buyer Closing Credits

$1,899*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking1 Space, Assigned/Reserved
Year Built1979
HeatingBaseboard
CoolingWall/Window Unit(s)
BasementYes
MLS #10531916
Lot Size0.02 Acres
StatusActive

About 1423 E Ocean View Ave Unit 5

Come enjoy this beautiful one bedroom condo right across the street from the beach. Located near Naval Base, I-64. Just minutes from Ocean View Beach Park, Features Concerts, festivals and something for the whole family. No FHA loans.

Property Details

Property Features

Property Information:

  • Architectural Style: Apartment
  • Year Built: 1979
  • Stories: 1
  • Living Area: 605 SqFt

Listing Office:

  • Office Name: Ocean Realty
  • Listing Agent: Nancy Donham

Interior Features

Interior Information:

  • Appliances: Microwave, Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Ceramic, Laminate/LVP

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: 1 Space, Assigned/Reserved

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Norview High School, Public Magnet Grades 9-12
  • Azalea Middle School, Public District Grades 6-8
  • Ghent School, Public District Grades KG-8
  • Bay View Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,900
  • Price Per SqFt: $264/SqFt
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Housing Market Comparison

See how this home compares to others in Norfolk, VA.

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Norfolk, VA

City

Med. List Price

$324.6K

Med. Price/SqFt

$205

Avg. Days On Market

76

# of Sold Homes

206

1423 E Ocean View Ave Unit 5 vs Norfolk

178 DAYS ON ROCKET

+102 Days

$159,900

-$164.7K Less

$264/SqFt

+$59 More

KEY TAKEAWAY

This property is $164.7K less than the Median List Price and $59/SqFt more than other homes in Norfolk, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10531916

Listing Office:

  • Office Name: Ocean Realty
  • Listing Agent: Nancy Donham

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Property Sales & Tax

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Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1963896
4
/10

  • Bay View Elementary School

  • 1434 E Bayview Blvd

  • 0.51 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1963897
4
/10

  • Azalea Middle School

  • 7721 Azalea Garden Rd

  • 2.42 miles

  • Public District Grades 6-8

school-card-donut-1963898
6
/10

  • Ghent School

  • 200 Shirley Ave

  • 6.18 miles

  • Public District Grades KG-8

High School

school-card-donut-1963899
2
/10

  • Norview High School

  • 6501 Chesapeake Blvd

  • 2.93 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,229. Most Norfolk, VA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1423 E Ocean View Ave Unit 5

What is the listing price of this property?

The listing price of 1423 E Ocean View Ave Unit 5 property is $159,900.

What type of property is this?

The property 1423 E Ocean View Ave Unit 5 is a condo located in Norfolk, Virginia, 23503.

Is this property for sale now?

Active Listing: 1423 E Ocean View Ave Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1423 E Ocean View Ave Unit 5 are:
Bay View Elementary School: GreatSchools Rating 4/10
Azalea Middle School: GreatSchools Rating 4/10
Ghent School: GreatSchools Rating 6/10
Norview High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 1423 E Ocean View Ave Unit 5 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1423 E Ocean View Ave Unit 5 is 605 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1423 E Ocean View Ave Unit 5 is 1979.

Rocket Homes›Virginia›Norfolk›23503›1423 E Ocean View Ave Unit 5

This home is located at 1423 E Ocean View Ave Unit 5 in Norfolk, VA and zip code 23503 in the Bayview neighborhood. This 605 square foot home, which was built in 1979, sits on a 0.02 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $159,900.

Between September 2024 and October 2024, Norfolk, VA real estate market has seen increase in the number of listings by 12.9%. While the average time on the market in October 2024 was 76 days, the median list price was $324,673.

From Rocket Homes Real Estate and based on county public records data.

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