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1705 E Ocean View Ave, Norfolk, VA, 23503

3beds
3baths
2,106sqft
$289,000
$137price/sqft
$2,122/moest. monthly cost
$84,880/yrincome needed

About This Home

Opportunity in Ocean View! This detached 3-bedroom, 2.5-bath home offers approximately 2,106 square feet of living space, bay and beach views, a wood-burning fireplace, basement, attic, breakfast area, and fenced yard. Built in 1932, the home is ready for renovation and offers plenty of potential for buyers or contractors looking to bring their own vision. Property is being sold strictly as-is, where-is, with the seller making no repairs.

Getting Around

13
WalkingCar-Dependent
36
TransitSome Transit
35
BikeSomewhat Bikeable

Schools

4/10
3/10
Azalea Middle SchoolGrades 6-82.1 mi
2/10
Norview High SchoolGrades 9-122.8 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1932

Materials

  • Foundation: Basement
  • Roof: Asphalt Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Electric Water Heater
  • Laundry features: Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Geothermal,Other
  • Cooling features: Geothermal

Interior Area

  • Total interior livable area: 2,106 sqft

Property

Details

  • Parcel number: 35977800
  • Zoning: R-12

Features

  • Stories: 2
  • Pool features: None
  • Fencing: Full,Wood,Fenced
  • Has view: Yes
  • View description: Bay,Beach
  • Has water view: Yes
  • Water view: Bay,Beach
  • Waterfront features: Not Waterfront

Lot

  • Lot size: 0.26 Acres

Parking

  • Total spaces: 1
  • Parking features: 1 Space,Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Lightning
Tsunami

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,461$17,532
Home Insurance *$161$1,932
Property Taxes $298$3,576
Electricity $202$2,434
Total$2,122$25,464
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,754/yr
40% on housing$63,660/yr
45% on housing$56,586/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.0%
6.0%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$137This listing

vs Other Active Listings

Avg $/sqft

ZIP 23503$195
Norfolk City$181

vs Homes Sold Last Month

Median $/sqft

ZIP 23503$213
Norfolk City$200

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

No price history available

For Sale by Agent

AgentJudith Boone
BrokerageJudy Boone Realty Inc.

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