1516 Summit Ave Portsmouth, VA 23704
South Portsmouth NeighborhoodEstimated Value: $132,060 - $142,000
--
Bed
--
Bath
--
Sq Ft
2,614
Sq Ft Lot
About This Home
This home is located at 1516 Summit Ave, Portsmouth, VA 23704 and is currently estimated at $135,687. 1516 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
Dec 28, 2020
Sold by
Mcentee Cary M
Bought by
American Rose Homes Llc
Current Estimated Value
Purchase Details
Closed on
Oct 27, 2006
Sold by
Cm Development
Bought by
Mcentee Cary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 10, 2006
Sold by
Cm Development Inc
Bought by
Cm Development In Vista Captl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,250
Interest Rate
6.4%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 27, 2006
Sold by
Lewter Hazel A
Bought by
C M Development
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,250
Interest Rate
6.4%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| American Rose Homes Llc | -- | None Available | |
| Mcentee Cary | $78,000 | -- | |
| Cm Development In Vista Captl | $54,000 | -- | |
| C M Development | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mcentee Cary | $78,000 | |
| Previous Owner | Cm Development In Vista Captl | $58,250 |
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 | $154 | $12,500 | $12,500 | $0 |
| 2024 | $154 | $12,500 | $12,500 | $0 |
| 2023 | $156 | $12,500 | $12,500 | $0 |
| 2022 | $130 | $10,000 | $10,000 | $0 |
| 2021 | $195 | $15,000 | $15,000 | $0 |
| 2020 | $298 | $22,950 | $22,950 | $0 |
| 2019 | $298 | $22,950 | $22,950 | $0 |
| 2018 | $298 | $22,950 | $22,950 | $0 |
| 2017 | $298 | $22,950 | $22,950 | $0 |
| 2016 | $257 | $19,760 | $19,760 | $0 |
| 2015 | $257 | $19,760 | $19,760 | $0 |
| 2014 | $251 | $19,760 | $19,760 | $0 |
Source: Public Records
Map
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