4033 Summerset Dr Portsmouth, VA 23703
Churchland NeighborhoodEstimated Value: $356,028 - $386,000
4
Beds
2
Baths
1,804
Sq Ft
$205/Sq Ft
Est. Value
About This Home
This home is located at 4033 Summerset Dr, Portsmouth, VA 23703 and is currently estimated at $370,257, approximately $205 per square foot. 4033 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 25, 2016
Sold by
Thompson Taylor C
Bought by
Mcfarland Michael and Mcfarland Linda F
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
$216,015
Outstanding Balance
$172,925
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$197,332
Purchase Details
Closed on
Mar 30, 2012
Sold by
Ashe Doris U
Bought by
Thompson Taylor C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,950
Interest Rate
3.88%
Mortgage Type
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcfarland Michael | $220,000 | Raintree Title & Escrow | |
| Thompson Taylor C | $206,210 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcfarland Michael | $216,015 | |
| Previous Owner | Thompson Taylor C | $171,950 |
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 | $3,982 | $318,300 | $76,500 | $241,800 |
| 2024 | $3,982 | $309,810 | $76,500 | $233,310 |
| 2023 | $3,618 | $289,420 | $76,500 | $212,920 |
| 2022 | $3,310 | $254,580 | $63,750 | $190,830 |
| 2021 | $3,039 | $233,740 | $51,410 | $182,330 |
| 2020 | $2,963 | $227,890 | $48,960 | $178,930 |
| 2019 | $2,852 | $219,400 | $48,960 | $170,440 |
| 2018 | $2,852 | $219,400 | $48,960 | $170,440 |
| 2017 | $2,852 | $219,400 | $48,960 | $170,440 |
| 2016 | $2,441 | $187,780 | $48,960 | $138,820 |
| 2015 | $2,441 | $187,780 | $48,960 | $138,820 |
| 2014 | $2,385 | $187,780 | $48,960 | $138,820 |
Source: Public Records
Map
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