NOT LISTED FOR SALE

4016 Summerset Dr Portsmouth, VA 23703

Churchland Neighborhood

Estimated Value: $275,000 - $293,000

3 Beds
2 Baths
1,215 Sq Ft
$235/Sq Ft Est. Value

About This Home

This home is located at 4016 Summerset Dr, Portsmouth, VA 23703 and is currently estimated at $285,029, approximately $234 per square foot. 4016 Summerset Dr 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
Jul 6, 2023
Sold by
Franklin Steven Wayne and Franklin Valerie Lea
Bought by
Musgrove James
Current Estimated Value
$285,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,462
Outstanding Balance
$253,016
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$32,013

Purchase Details

Closed on
Jul 21, 2018
Sold by
Claudio Kristeen M
Bought by
Franklin Steven Wayne and Franklin Valerie Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,552
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Jul 10, 2017
Sold by
Grimes Maureen A and Marchesani Colleen M
Bought by
Claudio Kristeen M

Purchase Details

Closed on
Dec 22, 2006
Sold by
Spires Aszel L
Bought by
Mccormick Joseph
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
Musgrove James $255,000 Noble Title
Franklin Steven Wayne $169,000 Title Resources Guaranty Co
Claudio Kristeen M -- None Available
Mccormick Joseph $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musgrove James $259,462
Previous Owner Franklin Steven Wayne $173,552
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 $3,029 $237,960 $76,500 $161,460
2024 $3,029 $232,330 $76,500 $155,830
2023 $2,735 $218,800 $76,500 $142,300
2022 $2,641 $191,400 $63,750 $127,650
2021 $2,255 $173,430 $51,410 $122,020
2020 $2,193 $168,730 $48,960 $119,770
2019 $2,120 $163,090 $48,960 $114,130
2018 $2,063 $158,670 $48,960 $109,710
2017 $2,063 $158,670 $48,960 $109,710
2016 $2,063 $158,670 $48,960 $109,710
2015 $2,063 $158,670 $48,960 $109,710
2014 $2,015 $158,670 $48,960 $109,710
Source: Public Records

Map

Virginia Portsmouth County Portsmouth 23703 Churchland

4016 Summerset Dr, Portsmouth, VA

Not Listed for Sale

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