1512 Summit Ave Portsmouth, VA 23704
South Portsmouth NeighborhoodEstimated Value: $202,000 - $250,000
3
Beds
2
Baths
1,300
Sq Ft
$176/Sq Ft
Est. Value
About This Home
This home is located at 1512 Summit Ave, Portsmouth, VA 23704 and is currently estimated at $229,374, approximately $176 per square foot. 1512 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
Apr 13, 2018
Sold by
Usa Future Properties Inc
Bought by
Eley Regina M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,500
Outstanding Balance
$116,332
Interest Rate
4.46%
Mortgage Type
FHA
Estimated Equity
$113,042
Purchase Details
Closed on
Aug 23, 2017
Sold by
Deutsche Bank National Trust Company
Bought by
Usa Future Properties Inc
Purchase Details
Closed on
May 3, 2017
Sold by
Equity Trustees Llc A Virginia Limited L and Johnson Allen N
Bought by
Deutsche Bank National Trust Company As
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eley Regina M | $138,000 | Priority Title & Escrow Llc | |
| Usa Future Properties Inc | $26,000 | Title Alliance Greenbrier | |
| Deutsche Bank National Trust Company As | $52,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Eley Regina M | $135,500 |
Source: Public Records
Tax History Compared to Growth
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 | $2,715 | $209,030 | $54,690 | $154,340 |
| 2024 | $2,715 | $206,830 | $54,690 | $152,140 |
| 2023 | $2,392 | $191,390 | $54,690 | $136,700 |
| 2022 | $1,945 | $149,580 | $43,750 | $105,830 |
| 2021 | $1,852 | $142,440 | $36,610 | $105,830 |
| 2020 | $1,772 | $136,290 | $34,870 | $101,420 |
| 2019 | $1,743 | $134,090 | $34,870 | $99,220 |
| 2018 | $1,743 | $134,090 | $34,870 | $99,220 |
| 2017 | $1,268 | $97,510 | $34,870 | $62,640 |
| 2016 | $1,268 | $97,510 | $34,870 | $62,640 |
| 2015 | $1,268 | $97,510 | $34,870 | $62,640 |
| 2014 | $1,238 | $97,510 | $34,870 | $62,640 |
Source: Public Records
Map
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