1 month on rocket

822 E Ocean View Ave, Norfolk, VA, 23503

$899,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,538 SqFt
$254/SqFt
Multi

Location

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822 E Ocean View Ave, Norfolk$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1995
WaterfrontBay, Ocean Front
MLS #10552452
StatusActive

About 822 E Ocean View Ave

Beachfront duplex offers the ultimate Coastal Lifestyle. Walk out your back door and step directly onto the sand. Great for a homeowner or investors. This property provides the opportunity to live in one unit while renting out the other. Unit 1 features a spacious 1st floor with 2 bedrooms/2bath, water view, patio for outdoor entertaining, and a fully equipped 1/1 mother-in-law suite on the 2nd floor with a balcony. Unit 2 is a cozy 1/1 with gorgeous view, outdoor patio and full kitchen. Upgrades include newer roof 2022 & HVAC 2019, new compressor, new hurricane sliding glass door & windows (11 replaced) and a concrete shed for outside storage. Separate meters for water and electric.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1995
  • Living Area: 3,538 SqFt

Listing Office:

  • Office Name: Iron Valley Real Estate HR
  • Listing Agent: Grisel Saez

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • Waterfront: Bay, Ocean Front

Other

Directions Information:

  • Directions: Near Chesapeake & Ocean View Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $254/SqFt

Tax Information:

  • Annual Amount: $5,126
  • Tax Year: 2021
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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

822 E Ocean View Ave vs Norfolk

57 DAYS ON ROCKET

-19 Days

$899,000

+$574.3K More

$254/SqFt

+$49 More

KEY TAKEAWAY

This property is $574.3K more than the Median List Price and $49/SqFt more than other homes in Norfolk, VA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #10552452

Listing Office:

  • Office Name: Iron Valley Real Estate HR
  • Listing Agent: Grisel Saez

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,126$410,100
2020$4,839$396,100
2019$4,564$387,100
2018$4,564$365,100
2017$4,089$355,600

History based on county public records data.

Payment Calculator

$4,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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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.

Nearby Schools

school-card-donut-1093319
2
/10

  • Oceanair Elementary School

  • 600 Dudley Ave

  • 0.70 miles

  • Public District Grades PK-5

school-card-donut-1093320
4
/10

  • Bay View Elementary School

  • 1434 E Bayview Blvd

  • 1.01 miles

  • Public District Grades PK-5

school-card-donut-1093321
4
/10

  • Ocean View Elementary School

  • 350 W Government Ave

  • 1.18 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,229. The majority of Norfolk, VA residents have income between $35k-100k annually. 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

Rocket Homes›Virginia›Norfolk›23503›822 E Ocean View Ave

This home is located at 822 E Ocean View Ave in Norfolk, VA and zip code 23503 in the Cottage Line neighborhood. This 3,538 square foot home was built in 1995. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $899,000.

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

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

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