5616 Michael Ln Portsmouth, VA 23703
Churchland NeighborhoodEstimated Value: $314,075 - $351,000
3
Beds
2
Baths
1,428
Sq Ft
$231/Sq Ft
Est. Value
About This Home
This home is located at 5616 Michael Ln, Portsmouth, VA 23703 and is currently estimated at $330,269, approximately $231 per square foot. 5616 Michael Ln 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
Oct 8, 1998
Sold by
Pyle Steven C
Bought by
Knust Daniel C
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$17,119
Interest Rate
6.92%
Estimated Equity
$313,150
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Knust Daniel C | $102,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Knust Daniel C | $80,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2025 | $3,422 | $275,370 | $97,200 | $178,170 |
| 2024 | $3,422 | $264,320 | $97,200 | $167,120 |
| 2023 | $3,218 | $257,410 | $97,200 | $160,210 |
| 2022 | $3,235 | $237,070 | $81,000 | $156,070 |
| 2021 | $2,749 | $211,470 | $65,070 | $146,400 |
| 2020 | $2,493 | $191,790 | $61,970 | $129,820 |
| 2019 | $2,475 | $190,410 | $61,970 | $128,440 |
| 2018 | $2,475 | $190,410 | $61,970 | $128,440 |
| 2017 | $2,475 | $190,410 | $61,970 | $128,440 |
| 2016 | $2,475 | $190,410 | $61,970 | $128,440 |
| 2015 | $2,368 | $182,120 | $61,970 | $120,150 |
| 2014 | $2,313 | $182,120 | $61,970 | $120,150 |
Source: Public Records
Map
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