Admiral's Landing 475 Water St Unit 308 Portsmouth, VA 23704
Olde Towne Portsmouth Neighborhood
2
Beds
2
Baths
1,110
Sq Ft
1
Acres
Highlights
- Fitness Center
- Clubhouse
- Tennis Courts
- River View
- Community Pool
- 1-minute walk to River Front Park
About This Home
As of February 2025A great opportunity to live on the Elizabeth river in Olde Towne! Close to restaurants, watch a movie at the Commodore Theatre! Relax, watching the busy harbor down through the inter-coastal waterway and waterfront activities/fireworks from your own balcony! This 2 bedroom and 2 bath condo is just waiting for you! Owners have the use of the inground pool, fitness center, private room with kitchen, and tennis/pickleball courts. Your condo fee also covers your basic cable, WIFI, water and trash pick-up and covered parking and climate controlled storage. You can also rent additional room for guests. Interior lobby has been beautifully updated. Nearby to pick-up the ferry and head to Harbor Park to catch a game or Waterside for more dining and entertainment!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,300
Year Built
- Built in 1996
HOA Fees
- $497 Monthly HOA Fees
Home Design
- Property Attached
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 1,110 Sq Ft Home
- 1-Story Property
- Window Treatments
- Entrance Foyer
- Utility Closet
- Washer and Dryer Hookup
- Storage Room
- River Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Parking
- Garage
- 1 Car Parking Space
- Parking Garage Space
- Parking Lot
Accessible Home Design
- Handicap Shower
- Grab Bars
Schools
- Park View Elementary School
- Churchland Middle School
- Ic Norcom High School
Utilities
- Central Air
- 220 Volts
- Tankless Water Heater
- Cable TV Available
Additional Features
- Balcony
- River Front
Community Details
Overview
- Dms Management 757 622 6510 Association
- High-Rise Condominium
- Olde Towne 119 Subdivision
- On-Site Maintenance
Amenities
- Door to Door Trash Pickup
- Clubhouse
- Elevator
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2024
Closed on
Feb 10, 2025
Sold by
Vaughan Carol S
Bought by
Beard Tommie L
Seller's Agent
Barbara Smith
BHHS RW Towne Realty
Buyer's Agent
Cynthia Daniels
1st Class Real Estate Integrity
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%
Views
73
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,204
Avg. Annual Appreciation
5.84%
Original Mortgage
$279,000
Outstanding Balance
$278,528
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$39,676
Purchase Details
Closed on
Oct 8, 2014
Sold by
Wilhelm Trustee Hazel M and Wilhelm Family Revocable Livin
Bought by
Vaughan Thomas L
Similar Homes in Portsmouth, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $310,000 | First American Title | |
| Warranty Deed | $187,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $279,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/12/2025 02/12/25 | Sold | $310,000 | -1.6% | $279 / Sq Ft |
| 02/11/2025 02/11/25 | Pending | -- | -- | -- |
| 12/18/2024 12/18/24 | Price Changed | $314,900 | -1.6% | $284 / Sq Ft |
| 10/25/2024 10/25/24 | For Sale | $319,900 | -- | $288 / 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 | $3,456 | $281,010 | $120,750 | $160,260 |
| 2023 | $3,179 | $254,300 | $120,750 | $133,550 |
| 2022 | $2,800 | $215,390 | $105,000 | $110,390 |
| 2021 | $2,800 | $215,390 | $105,000 | $110,390 |
| 2020 | $2,527 | $194,360 | $105,000 | $89,360 |
| 2019 | $2,527 | $194,360 | $105,000 | $89,360 |
| 2018 | $2,527 | $194,360 | $105,000 | $89,360 |
| 2017 | $2,636 | $202,780 | $66,790 | $135,990 |
| 2016 | $2,636 | $202,780 | $66,790 | $135,990 |
| 2015 | $2,636 | $202,780 | $66,790 | $135,990 |
| 2014 | $2,575 | $202,780 | $66,790 | $135,990 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Smith
B
Seller's Agent in 2025
Barbara Smith
BHHS RW Towne Realty
(757) 675-8903
3 in this area
22 Total Sales
-
Cynthia Daniels
Buyer's Agent in 2025
Cynthia Daniels
1st Class Real Estate Integrity
(757) 630-8941
1 in this area
60 Total Sales
About Admiral's Landing
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10556735
APN: 0002-0580
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