14 days on rocket

5036 Ocean Way, Norfolk, VA, 23518

$635,000

Home List Price

$7,541*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,314 SqFt
$274/SqFt
House
Schools Nearby

Location

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5036 Ocean Way, Norfolk$635,000

Buyer Closing Credits

$7,541*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built2001
HeatingHeat Pump
CoolingHeat Pump
MLS #VANF2000042
Lot Size0.11 Acres
StatusActive
(ACTIVE)

About 5036 Ocean Way

Nestled near the bay, this 3-bed, 2.5-bath home offers coastal living with modern convenience. Cathedral ceilings grace the living room, with a loft overlooking it. The loft is a flexible office, playroom, or extra living space. The bedrooms are spacious, including a primary with an en-suite. Outside, enjoy a BBQ on the deck. Located near amenities, this home offers the best of bay living.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2001
  • Stories: 2
  • Living Area: 2,314 SqFt

Listing Office:

  • Office Name: Nest Realty Shenandoah Valley
  • Office Phone: (540) 712-2733
  • Listing Agent: Ashley Dudley

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 5036 Ocean Way

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Lake Taylor High School, Public District Grades 9-12
  • Azalea Middle School, Public District Grades 6-8
  • Ghent School, Public District Grades KG-8
  • Little Creek Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: W Ocean View Ave to Ocean Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $635,000
  • Price Per SqFt: $274/SqFt

HOA Fees:

  • Amount: $120
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,671
  • 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

$325K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

234

5036 Ocean Way vs Norfolk

14 DAYS ON ROCKET

-63 Days

$635,000

+$310K More

$274/SqFt

+$72 More

KEY TAKEAWAY

This property is $310K more than the Median List Price and $72/SqFt more than other homes in Norfolk, VA.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VANF2000042

Listing Office:

  • Office Name: Nest Realty Shenandoah Valley
  • Office Phone: (540) 712-2733
  • Listing Agent: Ashley Dudley

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2024, 8:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 31, 2017Home Sold
$385,000
Dec 31, 2008Home Sold
$365,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,671$373,700
2020$4,671$373,700
2019$4,551$373,700
2018$4,551$364,100
2017$4,070$353,900

History based on county public records data.

Payment Calculator

$3,247

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,970

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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.

Elementary School

school-card-donut-2825034
2
/10

  • Little Creek Elementary School

  • 7900 Tarpon Pl

  • 1.59 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2825035
4
/10

  • Azalea Middle School

  • 7721 Azalea Garden Rd

  • 1.95 miles

  • Public District Grades 6-8

school-card-donut-2825036
6
/10

  • Ghent School

  • 200 Shirley Ave

  • 7.23 miles

  • Public District Grades KG-8

High School

school-card-donut-2825037
3
/10

  • Lake Taylor High School

  • 1384 Kempsville Rd

  • 3.97 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,491. The most common annual income of people living in Norfolk, VA is between $100k-200k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5036 Ocean Way

What is the listing price of this property?

The listing price of 5036 Ocean Way property is $635,000.

What type of property is this?

The property 5036 Ocean Way is a house located in Norfolk, Virginia, 23518.

Is this property for sale now?

Active Listing: 5036 Ocean Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5036 Ocean Way are:
Little Creek Elementary School: GreatSchools Rating 2/10
Azalea Middle School: GreatSchools Rating 4/10
Ghent School: GreatSchools Rating 6/10
Lake Taylor High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,671 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 31, 2017 for $385,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5036 Ocean Way has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5036 Ocean Way is 2,314 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5036 Ocean Way is 2001.

Rocket Homes›Virginia›Norfolk›23518›5036 Ocean Way

This home is located at 5036 Ocean Way in Norfolk, VA and zip code 23518 in the East Ocean View neighborhood. This 2,314 square foot home, which was built in 2001, sits on a 0.11 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $635,000.

The inventory of homes for sale in Norfolk, VA between March 2024 and April 2024 increased by 7.1%. Listings spent 77 days on the market in April 2024, and had a median list price of $325,000 during the same period.

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

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