NOT LISTED FOR SALE

542 Lake Shores Dr Portsmouth, VA 23707

Port Norfolk Neighborhood

Estimated Value: $331,000 - $387,000

4 Beds
3 Baths
2,225 Sq Ft
$160/Sq Ft Est. Value

About This Home

This home is located at 542 Lake Shores Dr, Portsmouth, VA 23707 and is currently estimated at $356,312, approximately $160 per square foot. 542 Lake Shores 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
Jan 20, 2022
Sold by
Tad Helm Inc
Bought by
Angelene Properties Llc
Current Estimated Value
$356,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,175
Outstanding Balance
$80,416
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$266,373

Purchase Details

Closed on
Aug 25, 2021
Sold by
Smith Sharmik
Bought by
Tad Helm Inc and Awesome Spaces Inc

Purchase Details

Closed on
May 5, 2016
Sold by
Davis Darla Y
Bought by
Smith Sharmik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2015
Sold by
Davis Darla
Bought by
Davis Darla Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,512
Interest Rate
3.78%
Mortgage Type
VA

Purchase Details

Closed on
Jun 24, 1999
Sold by
N C S Inc
Bought by
Davis Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,107
Interest Rate
7.09%
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
Angelene Properties Llc $274,900 Fidelity National Title
Tad Helm Inc $215,000 Attorney
Smith Sharmik $180,000 Attorney
Davis Darla Y -- --
Davis Michael P $134,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angelene Properties Llc $206,175
Previous Owner Smith Sharmik $176,739
Previous Owner Davis Darla Y $223,512
Previous Owner Darla Y $245,250
Previous Owner Davis Michael P $133,107
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 $4,039 $314,510 $85,140 $229,370
2023 $3,853 $294,560 $85,140 $209,420
2022 $3,515 $270,400 $70,950 $199,450
2021 $3,156 $242,770 $67,250 $175,520
2020 $3,063 $235,580 $64,050 $171,530
2019 $3,037 $233,580 $64,050 $169,530
2018 $3,037 $233,580 $64,050 $169,530
2017 $2,959 $227,600 $64,050 $163,550
2016 $2,918 $224,490 $64,050 $160,440
2015 $2,868 $220,580 $64,050 $156,530
2014 $2,801 $220,580 $64,050 $156,530
Source: Public Records

Map

Virginia Portsmouth County Portsmouth 23707 Port Norfolk

542 Lake Shores Dr, Portsmouth, VA

This home is located at 542 Lake Shores Dr, Portsmouth, VA 23707 and is currently estimated at $356,312, approximately $160 per square foot. 542 Lake Shores 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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