NOT LISTED FOR SALE

506 Sussex Dr Portsmouth, VA 23707

Midtown Portsmouth Neighborhood

Estimated Value: $237,000 - $320,000

3 Beds
3 Baths
1,400 Sq Ft
$206/Sq Ft Est. Value

About This Home

This home is located at 506 Sussex Dr, Portsmouth, VA 23707 and is currently estimated at $288,633, approximately $206 per square foot. 506 Sussex Dr is a home located in Portsmouth City with nearby schools including Waterview Elementary School, Churchland Middle School, and Churchland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2022
Sold by
Lv Realty Llc
Bought by
Heise Derrick and Szonyegi Petra
Current Estimated Value
$288,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Outstanding Balance
$247,968
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$29,361

Purchase Details

Closed on
Oct 1, 2021
Sold by
Fairbanks Christopher S and Fairbanks Peta A
Bought by
Lv Realty Llc

Purchase Details

Closed on
Oct 20, 2003
Sold by
Liles Anne
Bought by
Fairbanks Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.43%
Mortgage Type
New Conventional
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
Heise Derrick $280,000 Fidelity National Title
Lv Realty Llc $175,000 None Listed On Document
Fairbanks Christopher $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heise Derrick $266,000
Previous Owner Fairbanks Christopher $94,500
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
2024 $2,964 $227,110 $72,990 $154,120
2023 $2,877 $216,450 $72,990 $143,460
2022 $2,533 $194,820 $60,830 $133,990
2021 $2,030 $156,140 $60,830 $95,310
2020 $1,980 $152,330 $57,930 $94,400
2019 $1,968 $151,420 $57,930 $93,490
2018 $1,968 $151,420 $57,930 $93,490
2017 $1,968 $151,420 $57,930 $93,490
2016 $1,933 $148,700 $57,930 $90,770
2015 $1,933 $148,700 $57,930 $90,770
2014 $1,888 $148,700 $57,930 $90,770
Source: Public Records

Map

Virginia Portsmouth County Portsmouth 23707 Midtown Portsmouth

506 Sussex Dr, Portsmouth, VA

This home is located at 506 Sussex Dr, Portsmouth, VA 23707 and is currently estimated at $288,633, approximately $206 per square foot. 506 Sussex Dr is a home located in Portsmouth City with nearby schools including Waterview Elementary School, Churchland Middle School, and Churchland High School.

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