NOT LISTED FOR SALE

701 7th St Portsmouth, VA 23704

South Portsmouth Neighborhood

Estimated Value: $9,064,487

-- Bed
-- Bath
146,732 Sq Ft
$62/Sq Ft Est. Value

About This Home

This home is located at 701 7th St, Portsmouth, VA 23704 and is currently estimated at $9,064,487, approximately $61 per square foot. 701 7th St is a home located in Portsmouth City with nearby schools including Brighton Elementary School, Manor High School, and Court Street Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2010
Sold by
Southside Housing L P
Bought by
Southside Gardens Apartments
Current Estimated Value
$9,064,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,321,092
Outstanding Balance
$2,859,996
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$6,250,481
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Southside Gardens Apartments $5,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southside Gardens Apartments $4,321,092
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 $85,165 $5,015,590 $2,412,000 $2,603,590
2024 $85,165 $6,924,000 $2,412,000 $4,512,000
2023 $85,570 $6,845,600 $2,412,000 $4,433,600
2022 $78,268 $6,020,590 $871,490 $5,149,100
2021 $76,102 $5,853,990 $704,890 $5,149,100
2020 $71,124 $5,471,070 $704,890 $4,766,180
2019 $69,680 $5,360,000 $593,820 $4,766,180
2018 $69,680 $5,360,000 $593,820 $4,766,180
2017 $66,499 $5,115,309 $593,820 $4,521,489
2016 $66,499 $5,115,309 $593,820 $4,521,489
2015 $63,700 $4,900,000 $593,820 $4,306,180
2014 $62,230 $4,900,000 $593,820 $4,306,180
Source: Public Records

Map

Virginia Portsmouth County Portsmouth 23704 South Portsmouth

701 7th St, Portsmouth, VA

Not Listed for Sale

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