Admiral's Landing 475 Water St Unit 502 Portsmouth, VA 23704
Olde Towne Portsmouth Neighborhood
2
Beds
2.5
Baths
1,305
Sq Ft
1
Acres
Highlights
- Fitness Center
- Clubhouse
- Tennis Courts
- River Front
- Community Pool
- 1-minute walk to River Front Park
About This Home
As of October 2024This 2-bed 2.5-bath condo offers spectacular views of the Elizabeth River and amenities including clubhouse, gym, pickleball courts, pool, assigned storage, and garage parking. At the entry level you can enjoy a kitchen, dedicated dining space, den, and outdoor balcony. Downstairs you will find 2 bedrooms, 2 full bathrooms, and another balcony overlooking the Elizabeth River. Easy access to I-264, Downtown Tunnel, and downtown Norfolk. This is the place!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,822
Year Built
- Built in 1996
HOA Fees
- $517 Monthly HOA Fees
Home Design
- Apartment
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 1,305 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Utility Closet
- Storage Room
- Water Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Laundry
- Dryer
- Washer
Parking
- Garage
- 1 Car Parking Space
- Parking Garage Space
- Off-Street Parking
Schools
- Park View Elementary School
- Churchland Middle School
- Ic Norcom High School
Utilities
- Central Air
- Electric Water Heater
- Sewer Paid
- Cable TV Available
Additional Features
- Balcony
- River Front
Community Details
Overview
- Dms Mgmt 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2024
Closed on
Oct 29, 2024
Sold by
Miller Edward H
Bought by
Hammer John-Michael A and Childers Jenna
Seller's Agent
Brian Shelton
CapCenter
Buyer's Agent
Jennifer Childers
BHHS RW Towne Realty
List Price
$285,000
Sold Price
$285,000
Views
29
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
$15,492
Avg. Annual Appreciation
7.71%
Original Mortgage
$260,988
Outstanding Balance
$259,698
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$41,622
Purchase Details
Closed on
Apr 15, 2004
Sold by
Wade Donald
Bought by
B And N Corporation
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.58%
Mortgage Type
New Conventional
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $285,000 | Titlequest | |
| Deed | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $260,988 | FHA | |
| Previous Owner | $190,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $285,000 | 0.0% | $218 / Sq Ft |
| 08/18/2024 08/18/24 | Pending | -- | -- | -- |
| 08/09/2024 08/09/24 | For Sale | $285,000 | -- | $218 / 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 | $4,028 | $327,500 | $126,500 | $201,000 |
| 2023 | $3,675 | $294,000 | $126,500 | $167,500 |
| 2022 | $3,246 | $249,700 | $110,000 | $139,700 |
| 2021 | $3,246 | $249,700 | $110,000 | $139,700 |
| 2020 | $2,900 | $223,090 | $110,000 | $113,090 |
| 2019 | $2,900 | $223,090 | $110,000 | $113,090 |
| 2018 | $2,900 | $223,090 | $110,000 | $113,090 |
| 2017 | $2,963 | $227,960 | $75,290 | $152,670 |
| 2016 | $2,963 | $227,960 | $75,290 | $152,670 |
| 2015 | $2,963 | $227,960 | $75,290 | $152,670 |
| 2014 | $2,895 | $227,960 | $75,290 | $152,670 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Brian Shelton
CapCenter
(757) 839-8047
1 in this area
202 Total Sales
-
Seller Co-Listing Agent in 2024
Brian McIntyre
CapCenter
(757) 334-2083
1 in this area
128 Total Sales
-
Buyer's Agent in 2024
Jennifer Childers
BHHS RW Towne Realty
(757) 717-7337
1 in this area
50 Total Sales
About Admiral's Landing
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10546222
APN: 0002-0650
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