NOT LISTED FOR SALE

3826 Towne Point Rd Portsmouth, VA 23703

Churchland Neighborhood

Estimated Value: $23,228,490

-- Bed
-- Bath
165,924 Sq Ft
$140/Sq Ft Est. Value

About This Home

This home is located at 3826 Towne Point Rd, Portsmouth, VA 23703 and is currently estimated at $23,228,490, approximately $139 per square foot. 3826 Towne Point Rd is a home located in Portsmouth City with nearby schools including Churchland Primary/Intermediate School, Churchland Middle School, and Churchland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Mcap Edgewood Llc
Bought by
Towne Point Owner Llc and Towne Point Tic Ii Owner Llc
Current Estimated Value
$23,228,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,840,000
Outstanding Balance
$13,230,742
Interest Rate
2.65%
Mortgage Type
Commercial
Estimated Equity
$9,997,748

Purchase Details

Closed on
Dec 29, 2006
Sold by
D B Propco B P
Bought by
Mcap Edgewood L L C
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Towne Point Owner Llc $18,550,000 Madison Title Agency Llc
Mcap Edgewood L L C $10,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Towne Point Owner Llc $14,840,000
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
2025 $233,691 $18,992,640 $3,456,000 $15,536,640
2024 $233,691 $18,999,300 $3,456,000 $15,543,300
2023 $232,251 $18,580,100 $3,456,000 $15,124,100
2022 $212,160 $16,320,000 $3,120,000 $13,200,000
2021 $179,437 $13,802,810 $2,503,450 $11,299,360
2020 $166,543 $12,811,030 $2,503,450 $10,307,580
2019 $161,200 $12,400,000 $2,092,420 $10,307,580
2018 $156,000 $12,000,000 $1,441,440 $10,558,560
2017 $156,000 $12,000,000 $1,441,440 $10,558,560
2016 $157,234 $12,094,960 $1,441,440 $10,653,520
2015 $143,000 $11,000,000 $1,441,440 $9,558,560
2014 $139,700 $11,000,000 $1,441,440 $9,558,560
Source: Public Records

Map

Virginia Portsmouth County Portsmouth 23703 Churchland

3826 Towne Point Rd, Portsmouth, VA

Not Listed for Sale

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