702 Fifth St Portsmouth, VA 23704
South Portsmouth NeighborhoodEstimated Value: $4,852,871
--
Bed
--
Bath
32,931
Sq Ft
$147/Sq Ft
Est. Value
About This Home
This home is located at 702 Fifth St, Portsmouth, VA 23704 and is currently estimated at $4,852,871, approximately $147 per square foot. 702 Fifth St is a home located in Portsmouth City with nearby schools including Brighton Elementary School, Manor High School, and Portsmouth Catholic Regional School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2018
Sold by
Wright'S Holding Llc
Bought by
Twine Fifth Street Properties Llc
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
$1,500,000
Outstanding Balance
$1,318,948
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$3,558,547
Purchase Details
Closed on
Feb 21, 2003
Sold by
Industrial Dev Authority
Bought by
Wright'S Holding L L C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
5.98%
Mortgage Type
Construction
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Twine Fifth Street Properties Llc | $2,949,042 | Bridgetrust Title Group | |
| Wright'S Holding L L C | $71,050 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Twine Fifth Street Properties Llc | $1,500,000 | |
| Previous Owner | Wright'S Holding L L C | $1,240,000 |
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 | $45,779 | $3,363,850 | $578,500 | $2,785,350 |
| 2024 | $45,779 | $3,245,000 | $578,500 | $2,666,500 |
| 2023 | $38,392 | $3,071,350 | $404,850 | $2,666,500 |
| 2022 | $37,621 | $2,893,950 | $404,850 | $2,489,100 |
| 2021 | $37,621 | $2,893,950 | $404,850 | $2,489,100 |
| 2020 | $37,621 | $2,893,950 | $404,850 | $2,489,100 |
| 2019 | $36,860 | $2,835,390 | $346,290 | $2,489,100 |
| 2018 | $36,860 | $2,835,390 | $346,290 | $2,489,100 |
| 2017 | $36,860 | $2,835,390 | $346,290 | $2,489,100 |
| 2016 | $36,860 | $2,835,390 | $346,290 | $2,489,100 |
| 2015 | $36,860 | $2,835,390 | $346,290 | $2,489,100 |
| 2014 | $36,009 | $2,835,390 | $346,290 | $2,489,100 |
Source: Public Records
Map
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