1040 Ocean View Ave
Norfolk, VA 23503
5 bd 4 ba 2,740 sqft Built 2021 Lot 8,877 sqft single_family
Most recent sale
$585,000
Sep 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 2, 2022 | Sold | $585,000 | Public Record |
| Jul 13, 2022 | Price changed | $599,900 | MLS #10443145 |
| Jun 25, 2022 | Listed | $624,900 | MLS #10443145 |
| Sep 10, 2021 | Listed | $619,000 | MLS #10359117 |
| Dec 4, 2019 | Sold | $90,000 | Public Record |
| Oct 29, 2019 | Relisted | $140,000 | MLS #10268052 |
| Jul 2, 2019 | Listed | $140,000 | MLS #10268052 |
| Mar 21, 2019 | Relisted | $140,000 | MLS #10175112 |
| Nov 14, 2018 | Listing removed | $140,000 | HamptonRoads |
| Feb 7, 2018 | Listed | $140,000 | MLS #10175112 |
| Oct 5, 2010 | Sold | $95,100 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $582,600 | $137,900 | $720,500 | $8,862 |
| 2024 | $582,600 | $137,900 | $720,500 | $8,705 |
| 2023 | $465,400 | $137,900 | $603,300 | $7,541 |
| 2022 | $230,900 | $119,400 | $350,300 | $6,135 |
| 2021 | — | $119,400 | $119,400 | $1,493 |
| 2020 | — | $119,400 | $119,400 | $1,493 |
| 2019 | — | $119,400 | $119,400 | $1,493 |
| 2018 | — | $119,400 | $119,400 | $1,493 |
| 2017 | — | $113,500 | $113,500 | $1,305 |
| 2016 | — | $113,500 | $113,500 | $1,305 |
| 2015 | — | $113,500 | $113,500 | $1,305 |
| 2014 | — | $113,500 | $113,500 | $1,305 |
| 2013 | — | $163,300 | $163,300 | $1,878 |
| 2012 | — | $163,300 | $163,300 | $1,813 |
| 2011 | — | $181,700 | $181,700 | $2,017 |
| 2010 | $62,300 | $225,200 | $287,500 | $3,191 |
| 2009 | $103,800 | $225,200 | $329,000 | $3,652 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
2,740 sqft
Lot size
8,877 sqft
ZIP code
23503
City
Norfolk
Street
Ocean View Ave
Coordinates
36.96723, -76.27954
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,110
Gross rental yield
8.43%
Implied cap rate
5.48%
Trend-extrapolated value
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Frequently asked questions
When did 1040 Ocean View Ave last sell?
1040 Ocean View Ave most recently sold on Sep 2, 2022 for $585,000.
What is the current tax assessment for 1040 Ocean View Ave?
The most recent total assessment for 1040 Ocean View Ave (year 2025) is $720,500 with $8,862 in property tax.
How does 1040 Ocean View Ave's assessment compare to its last sale price?
The current assessment is 23.2% above the last sale price of $585,000.
When was 1040 Ocean View Ave built?
1040 Ocean View Ave was built in 2021.
How does 1040 Ocean View Ave compare to others on Ocean View Ave?
We track 8 other properties on Ocean View Ave. Browse the list under "Other properties on Ocean View Ave" to compare beds, baths, and sale history.
What are the property facts for 1040 Ocean View Ave?
1040 Ocean View Ave is a 5 bed, 4 bath, 2,740 sqft, 8,877 sqft lot single_family.
Is 1040 Ocean View Ave a flip candidate?
No — 1040 Ocean View Ave does not appear in our flips dataset.
Is 1040 Ocean View Ave a tax-appeal candidate?
Yes — 1040 Ocean View Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-7.6%
Implied 1-yr
-30.5%
2026 Q3
$262.5K
2026 Q4
$262.5K
ZIP 23503 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ocean View Ave