1518 Mathews Terrace Portsmouth, VA 23704
Park View Neighborhood
4
Beds
2
Baths
2,000
Sq Ft
3,790
Sq Ft Lot
Highlights
- River View
- Deck
- No HOA
- Cape Cod Architecture
- Main Floor Primary Bedroom
- Breakfast Area or Nook
About This Home
As of July 2025Located in the desirable West Park View neighborhood, this beautifully updated 4-bed, 2-bath home blends classic charm with modern luxury. The renovated kitchen features soft-close shaker cabinets, granite countertops, new stainless steel appliances, and a custom tile backsplash. Spacious living room, with its cozy fireplace, invites relaxation, while the formal dining room offers an ideal space for meals and gatherings. The first-floor primary suite offers privacy, comfort and an updated en-suite bathroom, while three additional bedrooms and a renovated bath are upstairs. Freshly painted throughout with new plush carpeting and upgraded luxury vinyl plank flooring, this home is move-in ready. Additional updates include a new roof and newer HVAC system. Enjoy outdoor living on the charming front porch and in the fenced backyard with a deck and serene water views—ideal for relaxing or entertaining. Just minutes from Old Towne, Portsmouth Naval Hospital, and the Norfolk Naval Shipyard.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,759
Year Built
- Built in 1925
Lot Details
- Wood Fence
- Back Yard Fenced
- Property is zoned UR
Parking
- On-Street Parking
Home Design
- Cape Cod Architecture
- Traditional Architecture
- Substantially Remodeled
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Utility Closet
- Washer and Dryer Hookup
- River Views
- Basement
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Outdoor Features
- Deck
- Porch
Schools
- Churchland Elementary School
- Churchland Middle School
- Ic Norcom High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- West Park View Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2024
Closed on
Aug 14, 2024
Sold by
Barnes Troy Brian and Barnes Cynthia Louise
Bought by
Fss Holdings Inc
Seller's Agent
Betsy Thompson
The Agency
Buyer's Agent
Dominic Still
RE/MAX Edge
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%
Views
306
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.55%
Original Mortgage
$245,650
Outstanding Balance
$243,990
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$63,873
Similar Homes in Portsmouth, VA
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $235,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $245,650 | Credit Line Revolving | |
| Previous Owner | $450,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $128,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $336,000 | +1.8% | $168 / Sq Ft |
| 06/25/2025 06/25/25 | Pending | -- | -- | -- |
| 06/04/2025 06/04/25 | For Sale | $330,000 | +40.4% | $165 / Sq Ft |
| 08/15/2024 08/15/24 | Sold | $235,000 | -6.0% | $122 / Sq Ft |
| 07/30/2024 07/30/24 | Pending | -- | -- | -- |
| 07/22/2024 07/22/24 | For Sale | $250,000 | 0.0% | $129 / Sq Ft |
| 06/23/2024 06/23/24 | Pending | -- | -- | -- |
| 06/17/2024 06/17/24 | For Sale | $250,000 | 0.0% | $129 / Sq Ft |
| 06/07/2024 06/07/24 | Pending | -- | -- | -- |
| 05/08/2024 05/08/24 | Price Changed | $250,000 | -33.3% | $129 / Sq Ft |
| 04/18/2024 04/18/24 | For Sale | $375,000 | -- | $194 / Sq Ft |
Source: Real Estate Information Network (REIN)
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 |
|---|---|---|---|---|
| 2024 | $2,930 | $224,290 | $50,270 | $174,020 |
| 2023 | $1,667 | $210,550 | $50,270 | $160,280 |
| 2022 | $2,458 | $189,050 | $40,220 | $148,830 |
| 2021 | $2,187 | $168,220 | $36,560 | $131,660 |
| 2020 | $2,090 | $160,760 | $34,820 | $125,940 |
| 2019 | $2,015 | $155,030 | $34,820 | $120,210 |
| 2018 | $2,015 | $155,030 | $34,820 | $120,210 |
| 2017 | $2,015 | $155,030 | $34,820 | $120,210 |
| 2016 | $2,015 | $155,030 | $34,820 | $120,210 |
| 2015 | $2,015 | $155,030 | $34,820 | $120,210 |
| 2014 | $1,969 | $155,030 | $34,820 | $120,210 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Wurst
Seller's Agent in 2025
Brian Wurst
A Better Way Realty Inc.
(757) 619-4128
6 in this area
612 Total Sales
-
Lora More
Seller Co-Listing Agent in 2025
Lora More
A Better Way Realty Inc.
(757) 375-1524
3 in this area
206 Total Sales
-
Tyler Hawa
Buyer's Agent in 2025
Tyler Hawa
1st Class Real Estate Flagship
(757) 636-0613
1 in this area
57 Total Sales
-
Betsy Thompson
Seller's Agent in 2024
Betsy Thompson
The Agency
(757) 434-4193
4 in this area
509 Total Sales
-
Dominic Still
Buyer's Agent in 2024
Dominic Still
RE/MAX Edge
(757) 286-5793
1 in this area
78 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10586372
APN: 0054-0190
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