2517 Chestnut St Portsmouth, VA 23704
South Portsmouth Neighborhood
3
Beds
1.5
Baths
1,064
Sq Ft
4,356
Sq Ft Lot
Highlights
- City Lights View
- No HOA
- Utility Closet
- Corner Lot
- Breakfast Area or Nook
- Porch
About This Home
As of December 2024INVESTOR SPECIAL - Great investment property to rehab & flip or add to your rental portfolio and 1st time home buyer's wanting to put in a little sweat equity. Property needs some repairs, etc. but is good condition. SELLING STRICTLY AS IS. SELLER TO MAKE NO REPAIRS. Property includes 3 Bedrooms & 1.5 Bath with covered front porch and fully fenced front & backyard. Come see this home's great potential & make this house your own.
Last Agent to Sell the Property
1st Class Real Estate Coastal Breeze Listed on: 12/02/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,691
Year Built
- Built in 1963
Lot Details
- 4,356 Sq Ft Lot
- Back and Front Yard Fenced
- Chain Link Fence
- Corner Lot
- Property is zoned UR
Parking
- Driveway
Home Design
- Bungalow
- Fixer Upper
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- 1,064 Sq Ft Home
- 1-Story Property
- Utility Closet
- Vinyl Flooring
- City Lights Views
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Gas Range
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Storage Shed
- Porch
Schools
- Brighton Elementary School
- Cradock Middle School
- Ic Norcom High School
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Brighton Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2024
Closed on
Dec 12, 2024
Sold by
Cozy Homes Inc
Bought by
Mlb Investments Llc
Seller's Agent
Kimberly Harrah
1st Class Real Estate Coastal Breeze
Buyer's Agent
Marquis Bynum
A Better Way Realty Inc.
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
159.30%
Original Mortgage
$157,000
Outstanding Balance
$156,320
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$75,654
Purchase Details
Closed on
Apr 20, 2017
Sold by
Equity Trustees Llc A Virginia Limited L and Parker Mae Ethel
Bought by
Cozy Homes Inc
Purchase Details
Closed on
May 7, 2001
Sold by
Aut Portsmouth Redev Hsng
Bought by
Parker Mae E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,150
Interest Rate
6.88%
Similar Homes in Portsmouth, VA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $140,000 | Old Republic National Title In | |
| Bargain Sale Deed | $140,000 | Old Republic National Title In | |
| Trustee Deed | $46,001 | None Available | |
| Deed | $59,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $157,000 | Credit Line Revolving | |
| Closed | $157,000 | Credit Line Revolving | |
| Previous Owner | $196,500 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $58,150 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/13/2025 03/13/25 | Pending | -- | -- | -- |
| 02/26/2025 02/26/25 | For Sale | $239,500 | +71.1% | $220 / Sq Ft |
| 12/24/2024 12/24/24 | Pending | -- | -- | -- |
| 12/23/2024 12/23/24 | Sold | $140,000 | -3.4% | $132 / Sq Ft |
| 12/02/2024 12/02/24 | For Sale | $145,000 | -- | $136 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $1,882 | $139,070 | $50,000 | $89,070 |
| 2023 | $1,626 | $130,080 | $50,000 | $80,080 |
| 2022 | $1,327 | $102,100 | $40,000 | $62,100 |
| 2021 | $1,184 | $91,050 | $28,950 | $62,100 |
| 2020 | $1,132 | $87,100 | $27,570 | $59,530 |
| 2019 | $1,116 | $85,820 | $27,570 | $58,250 |
| 2018 | $1,116 | $85,820 | $27,570 | $58,250 |
| 2017 | $1,074 | $82,610 | $27,570 | $55,040 |
| 2016 | $1,074 | $82,610 | $27,570 | $55,040 |
| 2015 | $1,074 | $82,610 | $27,570 | $55,040 |
| 2014 | $1,049 | $82,610 | $27,570 | $55,040 |
Source: Public Records
Agents Affiliated with this Home
-
Marquis Bynum
Seller's Agent in 2025
Marquis Bynum
A Better Way Realty Inc.
(757) 679-9673
7 in this area
50 Total Sales
-
S
Seller Co-Listing Agent in 2025
Steven Hetherson
A Better Way Realty Inc.
-
Kimberly Harrah
Seller's Agent in 2024
Kimberly Harrah
1st Class Real Estate Coastal Breeze
(757) 725-1236
3 in this area
80 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10561787
APN: 0059-1080
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