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4067 Reese Drive South

4067 Reese Drive South, Portsmouth, VA 23703
Property in Portsmouth
Sold Mar 24, 2009
$154,900
$152,093 by Advance Mtg
Mortgage
Sold Dec 05, 2005
$135,660
$108,528 by American Brokers Conduit
Mortgage
4067 Reese Drive South has been categorized by the local assessors in Portsmouth, VA as a residential type of property. The building on the property was first built in 1985 and is 39 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4067 Reese Drive South has 1,235 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The roof of the building is made of asphalt. The exterior walls of the building are made of brick. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4067 Reese Drive South was last sold in Mar 20, 2009 for $154,900. According to our calculations, that's $125.43 per sqft. Prior to that sales transaction, the property was sold for $135,660 in Dec 2, 2005. Current property owners are expected to pay $2,233 in taxes per year. The property on 4067 Reese Drive South was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $178,650. To break that down further, the land itself was valued at $50,000. While improvements to the property were assessed at a total of $128,650. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,235
  • Gross Building Area: 1,235
  • Building Area: 1,235
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,235
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NOTTINGHAM HOMES
  • Land Acres: 1
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 15 NOTTINGHAM SQ SEC 4

Ownership

  • Current Owner : BRIGHT MICHELLE R
  • Previous Owner : KEEN THOMAS E
  • Owner Before Previous Owner: HOGGARD PAUL B

Neighborhood

  • School District Name: Portsmouth City Public Schools
  • Census Tract: 213002

Zoning

  • Zoning: URM

Geography

  • Parcel: 0785-2060
  • Latitude: 36.8503
  • Longitude: -76.3826

    Address

  • Full Address: 4067 Reese Dr S
  • Address - House Number: 4067
  • Street Segment Direction: S
  • Address - Street Name: Reese
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Portsmouth
  • Carrier Code: C001
  • 4-Digit Zip Code: 4627
  • Zip Code: 23703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,233

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 69
  • Final Value: 188,167
  • High Value: 229,696
  • Low Value: 146,638

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,093
  • First Open Lien Mortgage Lender: ADVANCE MTG
  • First Open Lien Mortgage Recording Date: Mar 24, 2009
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $152,093
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $178,650
  • Market Land Value: $50,000
  • Market Improvement Value: $128,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,650
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $128,650

    Sales

  • Current Sale Contract Date: Mar 20, 2009
  • Current Sale Recording Date: Mar 24, 2009
  • Current Sale Transaction ID: 1001972480
  • Current Sale Price: $154,900
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 05, 2005
  • Previous Sale Contract Date: Dec 02, 2005
  • Previous Sale Amount: $135,660
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: ADVANCE MTG
  • First Mortgage Transaction Date: Mar 24, 2009
  • First Mortgage Loan Amount: $152,093
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN BROKERS CONDUIT
  • Previous Mortgage Transaction Date: Dec 05, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $108,528
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Portsmouth



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Frequently Asked Questions

What neighborhood is 4067 Reese Drive South located in?
The 4067 Reese Drive South is a located in the neighborhood of Portsmouth in Portsmouth, Portsmouth.
What is the average sales price for listings in 4067 Reese Drive South?
The average sales price for units in 4067 Reese Drive South is $0 currently.

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