Landlord's Agent in 2024
Michelle Augustus
The James Allen Group
(757) 214-8524
5 Total Sales
2402 Elm Ave Portsmouth, VA 23704
South Portsmouth NeighborhoodEstimated Value: $196,000 - $234,000
2
Beds
1
Bath
1,577
Sq Ft
$136/Sq Ft
Est. Value
About This Home
As of December 2024Cozy upstairs unit in duplex, 2, bedrooms, 1 Bath, conveniently located near local shops, restaurants and entertainment venues, to include Rivers Casino.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,267
Year Built
- Built in 1918
Lot Details
- 2,614
Parking
- Off-Street Parking
Home Design
- Duplex
- Asphalt Shingled Roof
Interior Spaces
- Property has 3 Levels
- Blinds
- Wood Flooring
- Crawl Space
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Brighton Elementary School
- Cradock Middle School
- Manor High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- 12 Month Lease Term
Community Details
Overview
- Prentis Park Subdivision
Pet Policy
- Pet Deposit Required
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 20, 2023
Sold by
Dawkins Jonathan T
Bought by
Marshburn Allen M and Marshburn Albert T
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
$167,022
Outstanding Balance
$162,046
Interest Rate
6.42%
Mortgage Type
FHA
Estimated Equity
$52,075
Purchase Details
Closed on
Mar 12, 2021
Sold by
Mpj Enterprises Llc
Bought by
Dawkins Jonathan T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 27, 2020
Sold by
Olds Patrick C
Bought by
Mpj Enterprises Llc
Purchase Details
Closed on
Apr 16, 2012
Sold by
Cpi Housing Fund Llc
Bought by
Olds Patrick C
Purchase Details
Closed on
Aug 3, 2011
Sold by
Equity Trustees Llc and Spruill George
Bought by
Hsbc Bank Usa
Purchase Details
Closed on
Feb 6, 2002
Sold by
Brown Matthew
Bought by
Clark Lugenia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
7.13%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Marshburn Allen M | $175,000 | Alpha 1 Title | |
| Dawkins Jonathan T | $125,000 | Attorney | |
| Mpj Enterprises Llc | -- | None Available | |
| Olds Patrick C | $24,001 | -- | |
| Hsbc Bank Usa | $81,750 | -- | |
| Clark Lugenia | $58,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marshburn Allen M | $167,022 | |
| Previous Owner | Dawkins Jonathan T | $122,735 | |
| Previous Owner | Clark Lugenia | $143,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/20/2024 12/20/24 | Rented | $1,110 | +0.9% | -- |
| 07/02/2024 07/02/24 | Price Changed | $1,100 | -8.3% | $1 / Sq Ft |
| 07/01/2024 07/01/24 | For Rent | $1,199 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $2,267 | $172,480 | $25,000 | $147,480 |
| 2024 | $2,267 | $170,370 | $25,000 | $145,370 |
| 2023 | $1,945 | $155,620 | $25,000 | $130,620 |
| 2022 | $1,629 | $125,340 | $20,000 | $105,340 |
| 2021 | $1,457 | $112,080 | $15,000 | $97,080 |
| 2020 | $1,460 | $112,270 | $19,230 | $93,040 |
| 2019 | $1,433 | $110,250 | $19,230 | $91,020 |
| 2018 | $1,433 | $110,250 | $19,230 | $91,020 |
| 2017 | $1,359 | $104,540 | $19,230 | $85,310 |
| 2016 | $1,359 | $104,540 | $19,230 | $85,310 |
| 2015 | $1,359 | $104,540 | $19,230 | $85,310 |
| 2014 | $1,328 | $104,540 | $19,230 | $85,310 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Augustus
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10540793
APN: 0089-0830
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