1523 Summit Ave Portsmouth, VA 23704
South Portsmouth NeighborhoodEstimated Value: $310,000 - $344,000
4
Beds
3
Baths
2,002
Sq Ft
$166/Sq Ft
Est. Value
About This Home
This home is located at 1523 Summit Ave, Portsmouth, VA 23704 and is currently estimated at $332,898, approximately $166 per square foot. 1523 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 1, 2022
Sold by
Purchas Brothers Investments Llc
Bought by
Diaz Erika and Muniz Jeremiah
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
$312,994
Outstanding Balance
$292,338
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$40,560
Purchase Details
Closed on
May 17, 2021
Sold by
Carswell Robert D and Carswell Shelby R
Bought by
Purchas Brothers Investments Llc
Purchase Details
Closed on
Jun 8, 2006
Sold by
Ray Lawrence
Bought by
Carswell Robert D
Purchase Details
Closed on
Jul 29, 2005
Sold by
Kebco Enterprises Inc
Bought by
Ray Lawrence
Purchase Details
Closed on
Aug 10, 2004
Sold by
Bullco Enterprises Inc
Bought by
Kebco Enterprises Inc
Purchase Details
Closed on
Jan 29, 2001
Sold by
Rivera Jorge
Bought by
Better Homes Of Tidewater
Purchase Details
Closed on
Mar 30, 1999
Sold by
Better Homes Of Tidewater
Bought by
Rivera Jorge
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,500
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Diaz Erika | $308,000 | Landmark Title | |
| Purchas Brothers Investments Llc | $8,500 | Attorney | |
| Purchas Brothers Inv Llc | $8,500 | Old Republic Title | |
| Carswell Robert D | $3,500 | -- | |
| Ray Lawrence | $3,300 | -- | |
| Kebco Enterprises Inc | $600 | -- | |
| Better Homes Of Tidewater | $10,500 | -- | |
| Rivera Jorge | $10,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Diaz Erika | $312,994 | |
| Previous Owner | Rivera Jorge | $10,500 |
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 | $3,961 | $311,860 | $50,000 | $261,860 |
| 2024 | $3,961 | $308,120 | $50,000 | $258,120 |
| 2023 | $3,524 | $281,930 | $50,000 | $231,930 |
| 2022 | $2,594 | $199,560 | $20,000 | $179,560 |
| 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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