NOT LISTED FOR SALE

5521 Springwood Dr Portsmouth, VA 23703

Churchland Neighborhood

Estimated Value: $352,000 - $400,000

4 Beds
3 Baths
2,056 Sq Ft
$186/Sq Ft Est. Value

About This Home

This home is located at 5521 Springwood Dr, Portsmouth, VA 23703 and is currently estimated at $383,183, approximately $186 per square foot. 5521 Springwood Dr 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
Aug 17, 2025
Sold by
Palermo Raymond J and Palermo Gasper G
Bought by
Palermo Raymond J and Palermo Shana
Current Estimated Value
$383,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,815
Outstanding Balance
$380,487
Interest Rate
6.75%
Mortgage Type
VA
Estimated Equity
$2,696
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Palermo Raymond J -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palermo Raymond J $380,815
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 $4,481 $352,320 $99,000 $253,320
2024 $4,481 $350,410 $99,000 $251,410
2023 $4,265 $327,490 $99,000 $228,490
2022 $4,167 $320,540 $82,500 $238,040
2021 $3,410 $262,290 $66,270 $196,020
2020 $3,369 $259,140 $63,120 $196,020
2019 $3,344 $257,230 $63,120 $194,110
2018 $3,344 $257,230 $63,120 $194,110
2017 $3,344 $257,200 $63,120 $194,080
2016 $3,344 $257,200 $63,120 $194,080
2015 $3,244 $249,560 $63,120 $186,440
2014 $3,169 $249,560 $63,120 $186,440
Source: Public Records

Map

Virginia Portsmouth County Portsmouth 23703 Churchland

5521 Springwood Dr, Portsmouth, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes