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121 E Bay Ave; Norfolk, VA Property Details

121 E Bay Ave, Norfolk, VA is a Single Family that was built in 1941. This property is currently a cash purchase and is not for sale. Our records show that 121 E Bay Ave has 2 bedrooms, and 1 bathroom, and a total of 856 square feet. The lot size of 121 E Bay Ave is 10,254 square feet.

Off market
121 E Bay Ave Norfolk, VA 23503
$210,000 Listing Price
2 Beds
1 Baths
856 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1941
  • Purchase Price: $210,000
  • Open Loans / Balance: 1 / $167,725
  • Est. Equity / %: $104,275 / 38.34%
  • Gross Yield: 9.816%
  • APN: 61017300
  • Situs County: Norfolk City
  • Length Of Ownership: 5 years, 4 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 856/SqFt
  • Lot: 10,254/SqFt
  • Garage: 200/SqFt
  • Living: 856/SqFt
  • Building: 856/SqFt
  • Price Per Square Foot: $245.33

Legal Description

  • Description: LOTS 9, 10, 11 BLK M O V ANNEX CO INC
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Norfolk City Public Schools
  • Lat / Lon: 36.941086 / -76.259544
  • Subdivision: Ocean View Annex Co
  • Property Class: Residential
  • Zoning: R8
  • County Use Code: 510

Amenities

  • Plus Four: 4423
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

121 E Bay Ave has no associated ownership info
121 E Bay Ave has no associated ownership info.

Taxes

121 E Bay Ave has 10 associated Taxes items

121 E Bay Ave, Norfolk, VA pays taxes in Norfolk City County, VA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $284,800. The APN we've located for 121 E Bay Ave is 61017300.

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Taxes
  • Assessed Value:  $284,800
  • Assessed Year:  2025
  • Assessed County:  Norfolk City
  • APN:  61017300
  • Assessed Land Value:  168400
  • Market Land Value:  168400
  • Tax Amount:  3503.04
  • Tax Year:  2025
  • Market Value:  284800
  • Market Year:  2025

Tax History

121 E Bay Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $284,800 Land Value $168,400 Improvement Value $116,400 Tax Amount $3,503.04 Change Rate +0.037139% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $274,600 Land Value $168,400 Improvement Value $106,200 Tax Amount $3,377.6 Change Rate +0.038456% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $260,200 Land Value $168,400 Improvement Value $91,800 Tax Amount $3,252.52 Change Rate +0.154916% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $225,300 Land Value $135,100 Improvement Value $90,200 Tax Amount $2,816.24 Change Rate +0.089977% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $206,700 Land Value $122,800 Improvement Value $83,900 Tax Amount $2,583.76 Change Rate +0.133845% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $182,300 Land Value $106,400 Improvement Value $75,900 Tax Amount $2,278.76 Change Rate +0.169705% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $165,600 Land Value $92,500 Improvement Value $73,100 Tax Amount $1,948.15 Change Rate -0.039734% Assessed CR Tax Rate +0.011764%
Year 2018 Assessed Value $162,300 Land Value $92,500 Improvement Value $69,800 Tax Amount $2,028.76 Change Rate +0.098456% Assessed CR Tax Rate +0.0125%
Year 2017 Assessed Value $160,600 Land Value $92,500 Improvement Value $68,100 Tax Amount $1,846.92 Change Rate Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value $164,300 Land Value $92,500 Improvement Value $71,800 Tax Amount $1,846.92 Change Rate Assessed CR Tax Rate +0.011241%
Year 2015 Assessed Value $164,300 Land Value $92,500 Improvement Value $71,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $164,300 Land Value $92,500 Improvement Value $71,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,879.12 Change Rate Assessed CR Tax Rate