NOT LISTED FOR SALE

1502 Mt Vernon Ave Portsmouth, VA 23707

Midtown Portsmouth Neighborhood

Estimated Value: $142,000 - $211,000

-- Bed
1 Bath
981 Sq Ft
$187/Sq Ft Est. Value

About This Home

This home is located at 1502 Mt Vernon Ave, Portsmouth, VA 23707 and is currently estimated at $183,657, approximately $187 per square foot. 1502 Mt Vernon Ave 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
Jul 11, 2024
Sold by
Tele Homes Llc
Bought by
Ovation Homes Llc
Current Estimated Value
$183,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Outstanding Balance
$137,708
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$58,654

Purchase Details

Closed on
May 14, 2020
Sold by
Whitley Benjamin J and Whitley Wilma L
Bought by
Tele Homes Llc
Source: Public Records

Range of Values:

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

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Ovation Homes Llc -- Virginia True Title
Tele Homes Llc $74,720 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ovation Homes Llc $138,750
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 $2,552 $193,580 $59,380 $134,200
2023 $2,409 $179,020 $59,380 $119,640
2022 $1,970 $151,530 $47,500 $104,030
2021 $1,808 $139,040 $35,010 $104,030
2020 $1,732 $133,220 $33,350 $99,870
2019 $434 $33,350 $33,350 $0
2018 $434 $33,350 $33,350 $0
2017 $434 $33,350 $33,350 $0
2016 $434 $33,350 $33,350 $0
2015 $434 $33,350 $33,350 $0
2014 $424 $33,350 $33,350 $0
Source: Public Records

Map

Virginia Portsmouth County Portsmouth 23707 Midtown Portsmouth

1502 Mt Vernon Ave, Portsmouth, VA

This home is located at 1502 Mt Vernon Ave, Portsmouth, VA 23707 and is currently estimated at $183,657, approximately $187 per square foot. 1502 Mt Vernon Ave 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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