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122 W Ocean Ave; Norfolk, VA Property Details

122 W Ocean Ave, Norfolk, VA is a Duplex 2 Units that was built in 1938. This property is currently Financed and is not for sale. Our records show that 122 W Ocean Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,360 square feet. The lot size of 122 W Ocean Ave is 5,066 square feet.

Off market
122 W Ocean Ave Norfolk, VA 23503
$239,100 Estimated Value
3 Beds
2 Baths
1,360 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1938
  • Purchase Price: $195,000
  • Open Loans / Balance: 1 / $117,983
  • Est. Equity / %: $219,017 / 64.99%
  • APN: 30581100
  • Situs County: Norfolk City
  • Length Of Ownership: 18 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Asbestos shingle
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Asbestos

Measurements

  • Total: 1,360/SqFt
  • Lot: 5,066/SqFt
  • Gross: 1,360/SqFt
  • Garage: 360/SqFt
  • Living: 1,360/SqFt
  • Building: 1,360/SqFt
  • Price Per Square Foot: $143.38

Legal Description

  • Description: 27 & 28 BLK 3 PAMLICO RLTY CORP
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norfolk City Public Schools
  • Lat / Lon: 36.942673 / -76.261475
  • Property Class: Residential
  • Zoning: R8
  • County Use Code: 521

Amenities

  • Plus Four: 4316
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Heat Pump
  • Parking: 1

Ownership Info

122 W Ocean Ave has no associated ownership info
122 W Ocean Ave has no associated ownership info.

Taxes

122 W Ocean Ave has 10 associated Taxes items

122 W Ocean Ave, Norfolk, VA pays taxes in Norfolk City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $239,100. The APN we've located for 122 W Ocean Ave is 30581100.

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Taxes
  • Assessed Value:  $239,100
  • Assessed Year:  2026
  • Assessed County:  Norfolk City
  • APN:  30581100
  • Assessed Land Value:  97500
  • Market Land Value:  102500
  • Tax Amount:  2940.92
  • Tax Year:  2025
  • Market Value:  244100
  • Market Year:  2026

Tax History

122 W Ocean Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $244,100 Land Value $102,500 Improvement Value $141,600 Tax Amount $3,051.25 Change Rate +0.037515% Assessed CR Tax Rate +0.0125%
Year 2025 Assessed Value $239,100 Land Value $97,500 Improvement Value $141,600 Tax Amount $2,940.92 Change Rate +0.027396% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $229,000 Land Value $97,500 Improvement Value $131,500 Tax Amount $2,862.5 Change Rate +0.021402% Assessed CR Tax Rate +0.0125%
Year 2023 Assessed Value $224,200 Land Value $97,500 Improvement Value $126,700 Tax Amount $2,802.52 Change Rate +0.164069% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $192,600 Land Value $68,100 Improvement Value $124,500 Tax Amount $2,407.52 Change Rate +0.070009% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $180,000 Land Value $64,900 Improvement Value $115,100 Tax Amount $2,250 Change Rate +0.046512% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $172,000 Land Value $59,000 Improvement Value $113,000 Tax Amount $2,150 Change Rate +0.100459% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $165,700 Land Value $59,000 Improvement Value $106,700 Tax Amount $1,953.73 Change Rate -0.032807% Assessed CR Tax Rate +0.011791%
Year 2018 Assessed Value $161,600 Land Value $59,000 Improvement Value $102,600 Tax Amount $2,020 Change Rate +0.097826% Assessed CR Tax Rate +0.0125%
Year 2017 Assessed Value $160,000 Land Value $59,000 Improvement Value $101,000 Tax Amount $1,840 Change Rate Assessed CR Tax Rate +0.0115%
Year 2016 Assessed Value $163,700 Land Value $59,000 Improvement Value $104,700 Tax Amount $1,840 Change Rate Assessed CR Tax Rate +0.01124%
Year 2015 Assessed Value $163,700 Land Value $59,000 Improvement Value $104,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $163,700 Land Value $59,000 Improvement Value $104,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,875.64 Change Rate Assessed CR Tax Rate