NOT LISTED FOR SALE

1509 Summit Ave Portsmouth, VA 23704

South Portsmouth Neighborhood

Estimated Value: $220,000 - $245,066

3 Beds
2 Baths
1,452 Sq Ft
$159/Sq Ft Est. Value

About This Home

This home is located at 1509 Summit Ave, Portsmouth, VA 23704 and is currently estimated at $230,767, approximately $158 per square foot. 1509 Summit Ave is a home located in Portsmouth City with nearby schools including Douglass Park Elementary School, Manor High School, and St Mark Christian Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2021
Sold by
Holley Kenneth Louis
Bought by
Igoni Ernestina Akiode
Current Estimated Value
$231,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,025
Outstanding Balance
$162,544
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$68,223

Purchase Details

Closed on
May 16, 2019
Sold by
Perseverance Properties Llc
Bought by
Holley Kenneth Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,325
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2019
Sold by
Owens Homes Llc
Bought by
Perseverance Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,325
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2019
Sold by
Alg Trustee Llc
Bought by
Owens Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,325
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2015
Sold by
Stewart Joseph S
Bought by
Short Suzette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,187
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2011
Sold by
Varela Martin H
Bought by
Stewart Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,150
Interest Rate
4.84%
Mortgage Type
VA

Purchase Details

Closed on
Dec 29, 2010
Sold by
Warren Tom
Bought by
Varela Martin H

Purchase Details

Closed on
Apr 2, 2010
Sold by
Dlj Mortgage Capital Inc
Bought by
Warren Tom

Purchase Details

Closed on
Aug 22, 2003
Sold by
Exantus Marellen
Bought by
Thomas Laronda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,800
Interest Rate
5.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2003
Sold by
Brown Charles
Bought by
Exantas Marelien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
5.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

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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
Igoni Ernestina Akiode $175,000 Vintage Est Title & Escr Llc
Holley Kenneth Louis $83,500 Attorney
Perseverance Properties Llc -- None Available
Owens Homes Llc $49,500 None Available
Short Suzette $99,999 None Available
Stewart Joseph S $100,000 --
Varela Martin H $50,000 --
Warren Tom $25,000 --
Dlj Mortgage Capital Inc -- --
Thomas Laronda $78,700 --
Exantas Marelien $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Igoni Ernestina Akiode $179,025
Previous Owner Holley Kenneth Louis $79,325
Previous Owner Perseverance Properties Llc $47,200
Previous Owner Short Suzette $98,187
Previous Owner Stewart Joseph S $102,150
Previous Owner Exantas Marelien $70,800
Previous Owner Exantas Marelien $38,000
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 $2,984 $231,220 $54,690 $176,530
2024 $2,984 $228,700 $54,690 $174,010
2023 $2,809 $211,050 $54,690 $156,360
2022 $2,290 $176,150 $43,750 $132,400
2021 $1,470 $113,060 $36,610 $76,450
2020 $1,406 $108,140 $34,870 $73,270
2019 $1,385 $106,550 $34,870 $71,680
2018 $1,301 $100,070 $34,870 $65,200
2017 $1,254 $96,440 $34,870 $61,570
2016 $1,254 $96,440 $34,870 $61,570
2015 $1,254 $96,440 $34,870 $61,570
2014 $1,225 $96,440 $34,870 $61,570
Source: Public Records

Map

Virginia Portsmouth County Portsmouth 23704 South Portsmouth

1509 Summit Ave, Portsmouth, VA

Not Listed for Sale

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