1200 Fayette St Portsmouth, VA 23704
South Portsmouth NeighborhoodEstimated payment $902/month
Total Views
6,300
3
Beds
1
Bath
814
Sq Ft
$178
Price per Sq Ft
Highlights
- Cape Cod Architecture
- Forced Air Heating and Cooling System
- 1-Story Property
- No HOA
- Carpet
About This Home
This home will make a perfect addition to anyone's rental portfolio. This 3-bedroom, 1-bathroom ranch is complete with a new HVAC system installed in 2024, as well as newer floors, cabinets and paint. Situated on a corner lot and conveniently located to downtown shopping, hospitals and more. This home has consistently rented with a positive cash flow and is currently occupied by fantastic tenants. You do not want to miss this amazing investment opportunity.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,348
Year Built
- Built in 1912
Lot Details
- 2,091 Sq Ft Lot
- Lot Dimensions are 74 x 28
- Property is zoned UR
Parking
- Driveway
Home Design
- Cape Cod Architecture
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 814 Sq Ft Home
- 1-Story Property
- Crawl Space
- Electric Range
- Washer and Dryer Hookup
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Douglass Park Elementary School
- Cradock Middle School
- Ic Norcom High School
Utilities
- Forced Air Heating and Cooling System
- 220 Volts
- Electric Water Heater
Community Details
- No Home Owners Association
- Prentis Park Subdivision
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,348 | $109,600 | $25,000 | $84,600 |
| 2023 | $1,276 | $102,080 | $25,000 | $77,080 |
| 2022 | $1,156 | $88,940 | $20,000 | $68,940 |
| 2021 | $977 | $75,160 | $15,000 | $60,160 |
| 2020 | $982 | $75,510 | $17,850 | $57,660 |
| 2019 | $965 | $74,250 | $17,850 | $56,400 |
| 2018 | $965 | $74,250 | $17,850 | $56,400 |
| 2017 | $965 | $74,250 | $17,850 | $56,400 |
| 2016 | $965 | $74,250 | $17,850 | $56,400 |
| 2015 | $925 | $71,120 | $17,850 | $53,270 |
| 2014 | -- | $71,120 | $17,850 | $53,270 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | For Sale | $145,000 | +9.8% | $178 / Sq Ft |
| 10/08/2024 10/08/24 | Sold | $132,000 | -5.6% | $162 / Sq Ft |
| 01/08/2024 01/08/24 | Pending | -- | -- | -- |
| 11/22/2023 11/22/23 | For Sale | $139,900 | +6.0% | $172 / Sq Ft |
| 11/17/2023 11/17/23 | Off Market | $132,000 | -- | -- |
| 11/12/2023 11/12/23 | For Sale | $139,900 | -- | $172 / Sq Ft |
Source: Real Estate Information Network (REIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $132,000 | First American Title | |
| Gift Deed | -- | None Available | |
| Warranty Deed | $35,000 | Stewart Title Guaranty Co | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | $8,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $125,000 | -- | |
| Warranty Deed | $68,000 | -- | |
| Deed | $15,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $105,600 | New Conventional | |
| Previous Owner | $112,500 | New Conventional | |
| Previous Owner | $61,200 | New Conventional |
Source: Public Records
Similar Homes in Portsmouth, VA
Source: Real Estate Information Network (REIN)
MLS Number: 10591326
APN: 0087-1260
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