2516 Sterling Point Dr Portsmouth, VA 23703
Churchland NeighborhoodEstimated Value: $682,000 - $904,000
3
Beds
3
Baths
4,000
Sq Ft
$192/Sq Ft
Est. Value
About This Home
This home is located at 2516 Sterling Point Dr, Portsmouth, VA 23703 and is currently estimated at $767,205, approximately $191 per square foot. 2516 Sterling Point Dr is a home located in Portsmouth City with nearby schools including Churchland Elementary School, Churchland Academy Elementary School, and Churchland Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 27, 2020
Sold by
Simmons Holly and Connelly Lucinda
Bought by
Timm David L
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
$590,000
Outstanding Balance
$522,529
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$244,676
Purchase Details
Closed on
Oct 29, 2012
Sold by
Ludwig Steven J
Bought by
Simmons Holly and Connelly Lucinda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,095
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 6, 2006
Sold by
Eberwine Betty E
Bought by
Ludwig Steven J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.71%
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 |
|---|---|---|---|
| Timm David L | $590,000 | Stewart Title & Settlement | |
| Simmons Holly | $435,000 | -- | |
| Ludwig Steven J | $500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Timm David L | $590,000 | |
| Previous Owner | Simmons Holly | $427,095 | |
| Previous Owner | Ludwig Steven J | $400,000 |
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 | $8,673 | $707,940 | $231,560 | $476,380 |
| 2024 | $8,673 | $691,220 | $231,560 | $459,660 |
| 2023 | $8,142 | $637,710 | $231,560 | $406,150 |
| 2022 | $7,886 | $606,630 | $220,540 | $386,090 |
| 2021 | $7,498 | $576,790 | $214,110 | $362,680 |
| 2020 | $7,279 | $559,910 | $203,920 | $355,990 |
| 2019 | $5,866 | $451,250 | $203,920 | $247,330 |
| 2018 | $5,866 | $451,250 | $203,920 | $247,330 |
| 2017 | $5,819 | $447,580 | $203,920 | $243,660 |
| 2016 | $5,819 | $447,580 | $203,920 | $243,660 |
| 2015 | $5,819 | $447,580 | $203,920 | $243,660 |
| 2014 | $5,684 | $447,580 | $203,920 | $243,660 |
Source: Public Records
Map
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