NOT LISTED FOR SALE

5047 Reese Dr N Portsmouth, VA 23703

Churchland Neighborhood

Estimated Value: $202,000 - $227,000

2 Beds
2 Baths
1,130 Sq Ft
$188/Sq Ft Est. Value

About This Home

This home is located at 5047 Reese Dr N, Portsmouth, VA 23703 and is currently estimated at $212,316, approximately $187 per square foot. 5047 Reese Dr N is a home located in Portsmouth City with nearby schools including Churchland Elementary School, Churchland Academy Elementary School, and Churchland Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2022
Sold by
Simple Real Estate Solutions I
Bought by
Kim Samuel Y and Kim Samuel K
Current Estimated Value
$212,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$135,912
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$76,404

Purchase Details

Closed on
Feb 28, 2022
Sold by
Watto Terrence L
Bought by
Simple Real Estate Solutions Inc
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
Kim Samuel Y $180,000 Linear Title
Simple Real Estate Solutions Inc $100,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Samuel Y $144,000
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 $2,315 $183,240 $50,000 $133,240
2024 $2,315 $174,310 $50,000 $124,310
2023 $1,993 $159,430 $50,000 $109,430
2022 $1,470 $113,050 $22,000 $91,050
2021 $1,470 $113,050 $22,000 $91,050
2020 $1,470 $113,050 $22,000 $91,050
2019 $1,352 $103,970 $22,000 $81,970
2018 $1,352 $103,970 $22,000 $81,970
2017 $1,271 $97,750 $17,990 $79,760
2016 $1,271 $97,750 $17,990 $79,760
2015 $1,271 $97,750 $17,990 $79,760
2014 $1,395 $109,810 $17,990 $91,820
Source: Public Records

Map

Virginia Portsmouth County Portsmouth 23703 Churchland

5047 Reese Dr N, Portsmouth, VA

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