NOT LISTED FOR SALE

1400 Elm Ave Portsmouth, VA 23704

South Portsmouth Neighborhood

Estimated Value: $276,000 - $344,000

5 Beds
3 Baths
2,118 Sq Ft
$145/Sq Ft Est. Value

About This Home

This home is located at 1400 Elm Ave, Portsmouth, VA 23704 and is currently estimated at $306,580, approximately $144 per square foot. 1400 Elm Ave is a home located in Portsmouth City with nearby schools including Brighton Elementary School, I.C. Norcom High School, and Court Street Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2022
Sold by
Supreme Homes Llc
Bought by
Mcdermott Andrew
Current Estimated Value
$306,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,785
Outstanding Balance
$286,644
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$19,936

Purchase Details

Closed on
Jun 1, 2022
Sold by
Loretta Armstrong
Bought by
Supreme Homes Llc

Purchase Details

Closed on
Dec 11, 2003
Sold by
The Center For Community
Bought by
Armstrong Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2003
Sold by
Citifinc'L Mtg Co
Bought by
Center For Community Dev Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.28%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcdermott Andrew $295,000 Old Republic National Title
Supreme Homes Llc $150,000 Linear Title
Armstrong Loretta $95,000 --
Center For Community Dev Inc $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Andrew $301,785
Previous Owner Armstrong Loretta $71,250
Previous Owner Center For Community Dev Inc $80,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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
2025 $3,788 $299,410 $54,690 $244,720
2024 $3,788 $294,090 $54,690 $239,400
2023 $3,410 $272,810 $54,690 $218,120
2022 $2,051 $157,750 $43,750 $114,000
2021 $1,692 $130,160 $30,670 $99,490
2020 $1,619 $124,560 $29,210 $95,350
2019 $1,592 $122,490 $29,210 $93,280
2018 $1,592 $122,490 $29,210 $93,280
2017 $1,592 $122,490 $29,210 $93,280
2016 $1,592 $122,490 $29,210 $93,280
2015 $1,525 $117,300 $29,210 $88,090
2014 $1,490 $117,300 $29,210 $88,090
Source: Public Records

Map

Virginia Portsmouth County Portsmouth 23704 South Portsmouth

1400 Elm Ave, Portsmouth, VA

Not Listed for Sale

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