NOT LISTED FOR SALE

1518 Ward Terrace Portsmouth, VA 23704

Park View Neighborhood

Estimated Value: $299,000 - $352,125

4 Beds
3 Baths
2,410 Sq Ft
$134/Sq Ft Est. Value

About This Home

This home is located at 1518 Ward Terrace, Portsmouth, VA 23704 and is currently estimated at $321,781, approximately $133 per square foot. 1518 Ward Terrace is a home located in Portsmouth City with nearby schools including Park View Elementary School, Churchland Middle School, and I.C. Norcom High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
Scott Charles and Scott Kandice
Bought by
Hilliard Margaret-Anne B
Current Estimated Value
$321,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Outstanding Balance
$269,988
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$41,415

Purchase Details

Closed on
May 20, 2020
Sold by
Perseverance Properties Llc
Bought by
Scott Charles and Scott Kandice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,727
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Aug 19, 2019
Sold by
Mutual Investments 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
$120,000
Interest Rate
3.7%
Mortgage Type
Assumption

Purchase Details

Closed on
Jul 31, 2019
Sold by
Reverse Mortgage Funding Llc
Bought by
Mutual Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.7%
Mortgage Type
Assumption

Purchase Details

Closed on
Jun 13, 2019
Sold by
Terra Abstract Virginia Inc
Bought by
Reverse Mortgage Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Hilliard Margaret-Anne B $280,000 First American Title Insurance
Scott Charles $249,000 Attorney
Perseverance Properties Llc $120,000 None Available
Mutual Investments Llc $65,159 Attorney
Reverse Mortgage Funding Llc $116,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilliard Margaret-Anne B $81,947
Open Hilliard Margaret-Anne B $274,928
Previous Owner Scott Charles $254,727
Previous Owner Perseverance Properties Llc $120,000
Previous Owner Mutual Investments Llc $120,000
Previous Owner William Patrick $190,500
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
2024 $4,013 $312,370 $58,500 $253,870
2023 $3,661 $292,880 $58,500 $234,380
2022 $3,444 $264,930 $46,800 $218,130
2021 $3,072 $236,310 $42,540 $193,770
2020 $2,940 $226,170 $40,520 $185,650
2019 $2,298 $176,790 $40,520 $136,270
2018 $2,298 $176,790 $40,520 $136,270
2017 $2,298 $176,790 $40,520 $136,270
2016 $2,298 $176,790 $40,520 $136,270
2015 $2,298 $176,790 $40,520 $136,270
2014 $2,245 $176,790 $40,520 $136,270
Source: Public Records

Map

Virginia Portsmouth County Portsmouth 23704 Park View

1518 Ward Terrace, Portsmouth, VA

This home is located at 1518 Ward Terrace, Portsmouth, VA 23704 and is currently estimated at $321,781, approximately $133 per square foot. 1518 Ward Terrace is a home located in Portsmouth City with nearby schools including Park View Elementary School, Churchland Middle School, and I.C. Norcom High School.

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