NOT LISTED FOR SALE

1518 Summit Ave Portsmouth, VA 23704

South Portsmouth Neighborhood

Estimated Value: $213,000 - $289,000

4 Beds
3 Baths
1,702 Sq Ft
$152/Sq Ft Est. Value

About This Home

This home is located at 1518 Summit Ave, Portsmouth, VA 23704 and is currently estimated at $259,140, approximately $152 per square foot. 1518 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
Oct 8, 2014
Sold by
The Secretary Of Veterans Affa
Bought by
Linnen Earl
Current Estimated Value
$268,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,080
Outstanding Balance
$79,562
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$179,578

Purchase Details

Closed on
Oct 1, 2013
Sold by
Samuel I White Pc Sub Tr and Shrophire Ronald
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Oct 27, 2006
Sold by
Taratex Dev Corp
Bought by
Shropshire Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,746
Interest Rate
6.4%
Mortgage Type
VA

Purchase Details

Closed on
Oct 28, 2005
Sold by
Gallashow Properties
Bought by
Taratex Development

Purchase Details

Closed on
Apr 14, 2005
Sold by
Quailty Homes Investments
Bought by
Gallashaw Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
5.87%

Purchase Details

Closed on
Aug 25, 2003
Sold by
Bank Of New York
Bought by
Quality Homes Invest Inc
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
Linnen Earl $106,000 --
Secretary Of Veterans Affairs $83,723 --
Shropshire Ronald D $197,500 --
Taratex Development $46,000 --
Gallashaw Properties Inc $10,000 --
Quality Homes Invest Inc $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linnen Earl $104,080
Previous Owner Shropshire Ronald D $201,746
Previous Owner Gallashaw Properties Inc $46,000
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 $3,192 $248,340 $54,690 $193,650
2024 $3,192 $245,570 $54,690 $190,880
2023 $2,828 $226,210 $54,690 $171,520
2022 $2,295 $176,540 $43,750 $132,790
2021 $2,202 $169,400 $36,610 $132,790
2020 $2,108 $162,120 $34,870 $127,250
2019 $2,072 $159,360 $34,870 $124,490
2018 $2,072 $159,360 $34,870 $124,490
2017 $1,982 $152,440 $34,870 $117,570
2016 $1,982 $152,440 $34,870 $117,570
2015 $1,982 $152,440 $34,870 $117,570
2014 $1,936 $152,440 $34,870 $117,570
Source: Public Records

Map

Virginia Portsmouth County Portsmouth 23704 South Portsmouth

1518 Summit Ave, Portsmouth, VA

Not Listed for Sale

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