NOT LISTED FOR SALE

1501 Frederick Blvd Portsmouth, VA 23707

Midtown Portsmouth Neighborhood
-- Bed
2 Baths
2,490 Sq Ft
0.56 Acres

About This Home

This home is located at 1501 Frederick Blvd, Portsmouth, VA 23707. 1501 Frederick Blvd is a home located in Portsmouth City with nearby schools including Westhaven Elementary School, Wm. E. Waters Middle School, and I.C. Norcom High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2021
Sold by
Bbi Holding Co Llc
Bought by
Wmd Real Estate Holding Co Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2015
Sold by
Midtown Marketplace Llc
Bought by
Restaurant Property Investors Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,355,000
Interest Rate
3.88%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Wmd Real Estate Holding Co Ii Llc -- Equity Title Agency
Bbi Holding Co Llc -- Equity Title Agency
Restaurant Property Investors Ii Llc $610,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bbi Holding Co Llc $4,000,000
Previous Owner Restaurant Property Investors Ii Llc A V $43,405,000
Previous Owner Restaurant Property Investors Ii Llc $1,355,000
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
2024 $15,396 $1,118,205 $482,430 $635,775
2023 $15,619 $1,118,205 $482,430 $635,775
2022 $14,537 $1,118,205 $482,430 $635,775
2021 $14,537 $1,118,205 $482,430 $635,775
2020 $14,537 $1,118,205 $482,430 $635,775
2019 $13,622 $1,047,835 $412,060 $635,775
2018 $13,622 $1,047,835 $412,060 $635,775
2017 $13,622 $1,047,835 $412,060 $635,775
2016 $11,875 $913,445 $277,670 $635,775
2015 $2,827 $217,490 $217,490 $0
Source: Public Records

Map

Virginia Portsmouth County Portsmouth 23707 Midtown Portsmouth

1501 Frederick Blvd, Portsmouth, VA

This home is located at 1501 Frederick Blvd, Portsmouth, VA 23707. 1501 Frederick Blvd is a home located in Portsmouth City with nearby schools including Westhaven Elementary School, Wm. E. Waters Middle School, and I.C. Norcom High School.

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