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✓ Source: REIN MLS #10608343 · record updated Sep 14, 2026 · synced every 2 min · your inquiry is never resold
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$115,000
1beds
1baths
605sqft
$190per sqft
281days on market

1423 E Ocean View Ave #5, Norfolk, VA 23503

SoldResidential · built 1979 · 0.02 acres · OCEAN VIEW · MLS #10608343

Price per sqft$190compare with nearby salesSchools
NorviewHigh2.5
AzaleaMiddle2.5
Bay ViewElementary2.3
VaHome School ScoreFlood
Low / moderate riskZone X
flood insurance not requiredHOANoneno HOA fee on the MLS recordSold for$115,000closed Sep 9, 2026Taxes$1,577/yrasking is 73% of assessmentCondo fee$140/mopaid to the condo association

OverviewAbout this home

Fall in love with this ground floor 1 bedroom 1 bathroom condo in beautiful Ocean View! Call today for your private showing!

Listing courtesy of Jonathan Melvin · Benham Real Estate LLC · REIN MLS #10608343

Facts & features

TypeResidential
Year built1979
Price / sqft$190
Condo fee$140/mo
Taxes$1,577/yr
CountyNorfolk VA
MLS #10608343

Interior

Bedrooms
1
Full baths
1
Approx. sqft
605
Stories
1
Flooring
Laminate/LVP
First-floor bed & full bath
Yes
Total rooms
4

Construction & exterior

Style
Apartment
Subtype
Attached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Brick
Pool
No Pool

Utilities & systems

Heating
Basebd
Cooling
Window/Wall
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.0193
Approx. acres
0.02
Subdivision
OCEAN VIEW
Unit / floor
5
Ownership
Condo
Garage
No
Parking
1 Space
Possession
CLOSING
Disclosures
Bank Repo, Exempt from Disclosure/Disclaimer, Govt Owned, Spec Warranty Deed

See more Norfolk condos & townhomes.

Sources: REIN MLS record · city assessor

Keep searching in Norfolk

See all Norfolk homes for sale, including homes for sale in 23503, homes for sale zoned for Norview High School, and homes for sale zoned for Bay View Elementary. Nearby, look at Ocean View homes for sale, Norfolk waterfront homes for sale, Norfolk condos and townhomes for sale, and new construction homes in Norfolk.

Schools · VaHome School ScoreAssigned schools

Our own 1–10 rating, scored from Virginia Department of Education data.

HighNorview High School
2.5/10
Down 0.2 from 2024–25
MiddleAzalea Middle School
2.5/10
Down 0.6 from 2024–25
ElementaryBay View Elementary
2.3/10
Down 0.7 from 2024–25

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each.

Also nearby

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

Homes like this one sell fast — see the next one first

Norfolk$95K – $135K1+ beds

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Military Commute

Drive times to nearest bases

NS Norfolk

Navy

14min·5.2mi

Little Creek

Navy

13min·6.2mi

MARFORCOM

Marines

16min·5.7mi

NSA HR

Navy

20min·7mi

NMCP

Navy

26min·11.2mi

Typical drive times from Google Maps, without live traffic. Rush hour and tunnel backups can add time.

Flood & environmentFlood risk (FEMA)

FEMA flood zone X · outside the high-risk area · FIRM 510104

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 510104

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn’t define a BFE here.

Property elevation

13.3 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA’s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service — actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Evacuation Zone C

Source: Virginia Dept. of Emergency Management — Know Your Zone

Military Aircraft Zone Information

Aircraft Noise

65-70 dB DNL

Accident Potential Zone

Not in a mapped Accident Potential Zone

Source: U.S. Navy AICUZ — Air Installations Compatible Use Zones (via city GIS)

Explore this neighborhoodOcean View

Ocean View is a neighborhood on the water in Norfolk, Virginia. It is known for its access to the Chesapeake Bay and its maritime feel. Homes range from modest single-family houses to cottages on the water.

$368KMedian sale · 12 mo
$254Sold $/sq ft
30dDays on market
60For sale now
$61KHH income
36.5%Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Ocean View →
Map of Ocean View with neighborhood boundaryNeighborhood

houses for sale in Norfolk →

CostPayment calculator

Estimates only. Taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$762/mo

Principal & interest

$597

Property tax

$131

Home insurance

$34

PMI

None

HOA/Condo (paid separately)

$140

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Value & historyComparables

Asking vs. assessment73% of $156,800City assessment record · taxes $1,577/yr
Land share of assessed value12% · $19,400Improvements $137,400 · assessor record ✓
Price context: similar nearby homes$137,000 – $240,000The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price, not an appraisal or an estimate of this home's value.
1423 E Ocean View AVE #4 · 0 mi · 605 sqft$137,000 sold 2026-05
1116 Modoc AVE · 0.5 mi · 620 sqft$240,000 sold 2026-08
1303 Modoc AVE · 0.4 mi · 715 sqft$165,000 sold 2026-10

Own a home nearby? See what it is worth today: What's your Norfolk home worth?

Sale & Tax History

List Price

$115,000

Price / Sq Ft

$190

Annual Taxes

$1,577

Monthly Tax

$131

Condo fee

$140 / mo

Tax Rate (effective)

1.37%

Sale Timeline (this listing)

EventDatePriceDetail
ListedDec 7, 2025$115,000—
Price reducedSep 14, 2026$115,000−$10,000
SoldSep 9, 2026$115,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

27% below assessment

Total Assessed

$156,800

Land

$19,400

Improvement

$137,400

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Norfolk Real Estate Assessor

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

CompareThis home next to what else is for sale nearby

HomePriceBedsBathsSqft$ / sqft
1423 E Ocean View Ave #5this home$115,00011605$190
Loading nearby homes for sale…

Active comparables from the REIN MLS, the same homes shown under Comparable Properties. Context for judging the asking price, not an appraisal.

Questions buyers ask

Is 1423 E Ocean View Ave #5 in a good school zone?
The assigned zones on the listing record are Bay View Elementary (VaHome School Score 2.3/10), Azalea Gardens Middle, Norview (VaHome School Score 2.5/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1423 E Ocean View Ave #5 in a flood zone?
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Are there parks near 1423 E Ocean View Ave #5?
Grove St. Beach Access is about 0.4 miles away.
Where is the nearest grocery store to 1423 E Ocean View Ave #5?
Amoco is about 0.8 miles away. The closest dining on record is Peppers Indian Cuisine (0.5 mi).
Does 1423 E Ocean View Ave #5 have a condo association?
Yes — condo association fees are on record for this unit (the current amount is shown in the facts section on this page). The association of record is 1423 Condominium Association.
When was 1423 E Ocean View Ave #5 built?
It was built in 1979, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data. Never invented.

This home has soldThe next one doesn't have to be

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

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🏡 Homes for sale in Norfolk

Listing courtesy of Jonathan Melvin · Benham Real Estate LLC · REIN MLS #10608343

1423 E Ocean View Ave #5, Norfolk, Virginia 23503 · MLS #10608343 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed; verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.

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