NOT LISTED FOR SALE

Estimated Value: $352,651 - $443,000

4 Beds
2 Baths
1,804 Sq Ft
$212/Sq Ft Est. Value

About This Home

This home is located at 4041 Summerset Dr, Portsmouth, VA 23703 and is currently estimated at $381,663, approximately $211 per square foot. 4041 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
Oct 14, 2025
Sold by
Graham Carson and Wetzel Alexander
Bought by
Wetzel Alexander and Wetzel Carson
Current Estimated Value
$381,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,167
Outstanding Balance
$360,167
Interest Rate
5.5%
Mortgage Type
VA
Estimated Equity
$21,496

Purchase Details

Closed on
Jul 25, 2024
Sold by
Benson Haleigh Alexis
Bought by
Wetzel Alexander and Graham Carson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,525
Interest Rate
6.87%
Mortgage Type
VA

Purchase Details

Closed on
Mar 2, 2018
Sold by
Direct Resolutions Llc
Bought by
Benson Haleigh Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,675
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2017
Sold by
Us Bank National Association
Bought by
Direct Resoluions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2017
Sold by
Professional Foreclosure Corporation Of and Hardison Clintonia J
Bought by
Us Bank National Association and Specialty Underwriting And Residential F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2005
Sold by
Secy Of H U D
Bought by
Hardison Clintonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,487
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2003
Sold by
Pratt Christopher W
Bought by
Zeits David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,750
Interest Rate
6.01%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Wetzel Alexander $350,000 Titlequest
Benson Haleigh Alexis $227,500 Home Title Of Virginia Llc
Direct Resoluions Llc $117,600 Attorney
Us Bank National Association $148,717 None Available
Hardison Clintonia $175,250 --
Zeits David G $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wetzel Alexander $367,525
Previous Owner Benson Haleigh Alexis $220,675
Previous Owner Direct Resoluions Llc $70,000
Previous Owner Hardison Clintonia $166,487
Previous Owner Zeits David G $142,750
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 $3,028 $324,020 $76,500 $247,520
2024 $3,028 $313,360 $76,500 $236,860
2023 $3,831 $292,810 $76,500 $216,310
2022 $3,351 $257,800 $63,750 $194,050
2021 $3,080 $236,900 $51,410 $185,490
2020 $3,003 $231,030 $48,960 $182,070
2019 $2,892 $222,470 $48,960 $173,510
2018 $2,892 $222,470 $48,960 $173,510
2017 $2,521 $193,930 $48,960 $144,970
2016 $2,521 $193,930 $48,960 $144,970
2015 $2,521 $193,930 $48,960 $144,970
2014 $2,463 $193,930 $48,960 $144,970
Source: Public Records

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