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1218 Ocean View Ave

Norfolk, VA 23503

2 bd 1 ba 969 sqft Built 2018 Lot 14,764 sqft condo
Most recent sale
$210,000
Sep 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 8, 2022 Sold $210,000 Public Record
Jun 26, 2022 Listed $210,000 MLS #10443436
May 2, 2013 Sold $60,000 Public Record
Oct 18, 2012 Sold $75,000 Public Record
Sep 26, 2012 Sold $75,000 Public Record
Jul 23, 2012 Relisted $74,900 MLS #1226757
Jul 12, 2012 Listed $74,900 MLS #1226757

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $162,800 $63,000 $225,800 $2,777
2024 $162,800 $63,000 $225,800 $2,814
2023 $137,100 $63,000 $200,100 $2,501
2022 $119,300 $47,500 $166,800 $2,085
2021 $110,400 $47,500 $157,900 $1,974
2020 $110,400 $37,800 $148,200 $1,853
2019 $104,900 $37,800 $142,700 $1,784
2018 $53,700 $37,800 $91,500 $1,144
2017 $37,700 $37,700 $434
2016 $37,700 $37,700 $434
2015 $46,800 $37,700 $84,500 $972
2014 $39,200 $37,700 $76,900 $884
2013 $39,200 $37,700 $76,900 $884

Property facts

Year built
2018
Property type
condo
Stories
1
Beds
2
Baths
1
Living area
969 sqft
Lot size
14,764 sqft
ZIP code
23503
City
Norfolk
Street
Ocean View Ave
Coordinates
36.96756, -76.28517

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,454
Gross rental yield
8.31%
Implied cap rate
5.40%
Trend-extrapolated value

Frequently asked questions

When did 1218 Ocean View Ave last sell?
1218 Ocean View Ave most recently sold on Sep 8, 2022 for $210,000.
What is the current tax assessment for 1218 Ocean View Ave?
The most recent total assessment for 1218 Ocean View Ave (year 2025) is $225,800 with $2,777 in property tax.
How does 1218 Ocean View Ave's assessment compare to its last sale price?
The current assessment is 7.5% above the last sale price of $210,000.
When was 1218 Ocean View Ave built?
1218 Ocean View Ave was built in 2018.
How does 1218 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 1218 Ocean View Ave?
1218 Ocean View Ave is a 2 bed, 1 bath, 969 sqft, 14,764 sqft lot condo.
Is 1218 Ocean View Ave a flip candidate?
No — 1218 Ocean View Ave does not appear in our flips dataset.
Is 1218 Ocean View Ave a tax-appeal candidate?
No — 1218 Ocean View Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-7.6%
Implied 1-yr
-30.5%
2026 Q3
$262.5K
2026 Q4
$262.5K
ZIP 23503 — Median Price History + Forecast

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