When was property at 408 Cabot Street built and last sold?

The property at 408 Cabot Street was built in 1954 and last sold on Oct 12, 2023 for $160,000.

How much is this home worth?

The estimated value of the home located at 408 Cabot Street is $177,978.

What are some comparable homes to 408 Cabot Street?

Homes that are comparable to 408 Cabot Street include a house property at 116 Beacon Road , located in Portsmouth, VA.

Portsmouth

23702

408 Cabot Street

1 / 29

Map

$169,368*

● House - Off Market

408 Cabot Street

Portsmouth, VA 23702

3 Beds

2 Baths

1071 Sqft

$153,000 - $187,000

Reference Base Price*

-0.37%

Since Nov 1, 2023

National-US

Primary Model

Sold Oct 31, 2023

$160,000

Posey William Michael Posey Deborah Jane

Buyer

Lucious Albert

Seller

$185,493 by Movement Mortgage, Llc

Mortgage Due Nov 01, 2053

Sold Jan 24, 2020

$137,000

Lucious Albert

Buyer

Pnd Investment Llc

Seller

$140,151 by Navy Federal Credit Union

Mortgage

About This Property

This is an opportunity to purchase a home and create instant sweat equity. Priced well below market value. There are known plumbing issues and possible mold issues related to plumbing. This house beckons with its promise of transformation and endless possibilities. Upon stepping inside, you are immediately struck by the potential that lies within. Come see for yourself!

The manager has listed the unit size as 1071 square feet.

Unit Size

1,071Ft²

Days on Market

Land Size

Price per sqft

$159

Property Type

House

Property Taxes

$178

HOA Dues

Year Built

1954

Price History

Date / Event	Date	Event
Oct 31, 2023	Sold to Deborah Jane Posey, William...	$160,000
Sold to Deborah Jane Posey, William...
Oct 3, 2023	No longer available	-
No longer available
Sep 9, 2023	Relisted	$175,000
Relisted
Sep 9, 2023	Price Decreased	$170,000 ↓ $5K (2.9%)
Price Decreased
Aug 19, 2023	No longer available	-
No longer available
Aug 4, 2023	Listed	$175,000
Listed
Jan 24, 2020	Sold to Albert Lucious	$137,000
Sold to Albert Lucious
Oct 26, 2018	Sold to Investment Llc Pnd	$57,500
Sold to Investment Llc Pnd
Sep 20, 2018	No longer available	-
No longer available
Aug 21, 2018	Listed	$79,500
Listed

Property Highlights

Building Info

Overview

General

Year Built: 1954

Effective Year Built: 1954
Total Rooms: 5
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Construction Type: Frame
Building Style: Ranch/Rambler
Roof Cover Type: Asphalt
Floor Count: 1
Living Units: 1
Floor Cover: Tile
Basement Area: 0
Garage Type: Attached
Garage Square Area: 382
Parking Space Count: 1

Dimensions

Lot Size Square Feet: 6,970

Lot Size Depth Feet: 1,000
Lot Size Frontage Feet: 700
Total Building Area: 1,071
Gross Building Area: 1,071
Building Area: 1,071
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: Yes

Heating: Central heating
Heated Square Feet: 1,071
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: SOUTH FAIRVIEW HEIGHTS
Land Acres: 0.16
Standard Land Use Code: Single family residential
Legal Description 1: LOT 23 SO FAIRVIEW HTS

Ownership

Current Owner : POSEY WILLIAM MICHAEL

Current Owner 2: POSEY DEBORAH JANE
Previous Owner : LUCIOUS ALBERT
Owner Before Previous Owner: PND INVESTMENT LLC
Ownership Rights Codes: unknown

Neighborhood

School District Name: Portsmouth City Public Schools

Census Tract: 212500

Zoning

Zoning: UR

Geography

Parcel: 0482-0340

Latitude: 36.7998
Longitude: -76.3354

Address

Full Address: 408 Cabot St

Address - House Number: 408
Address - Street Name: Cabot
Address - Suffix Type: St
State: VA
City Name: Portsmouth
Carrier Code: C009
4-Digit Zip Code: 1904
Zip Code: 23702

Valuation

Tax

Tax Year: 2023

Tax Amount: $2,277
Intital Tax Deliquent Year: 2017

Appraisal Valuation

Standard Deviation: 0.1166

Valuation Date: Nov 08, 2023
Confidence Score: 87
Final Value: 167,115
High Value: 186,611
Low Value: 147,618

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $185,493
First Open Lien Mortgage Lender: MOVEMENT MORTGAGE, LLC
First Open Lien Mortgage Recording Date: Oct 31, 2023
First Open Lien Mortgage Loan Amount: $185,493
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: Credit Line (Revolving)
First Open Lien Mortgage Loan Due Date: Nov 01, 2053

Market Valuation

Market Total Value: $182,190

Market Land Value: $62,500
Market Improvement Value: $119,690

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $182,190
Assessed Land Value: $62,500
Assessed Improvements Value: $119,690

Sales

Current Sale Contract Date: Oct 12, 2023

Current Sale Recording Date: Oct 31, 2023
Current Sale Transaction ID: 11915636111
Current Sale Price: $160,000
Current Sale Document Type: Bargain and Sale Deed
Current Sale Input Document Number: 10463
Previous Sale Recording Date: Jan 24, 2020
Previous Sale Contract Date: Jan 15, 2020
Previous Sale Amount: $137,000
Previous Sale Document Type: Warranty Deed

Last Sale Mortgage

First Mortgage Lender: MOVEMENT MORTGAGE, LLC

First Mortgage Transaction Date: Oct 31, 2023
First Mortgage Loan Amount: $185,493
First Mortgage Terms: 360
First Mortgage Loan Type: Credit Line (Revolving)
First Mortgage Loan Due Date: Nov 01, 2053

Previous Mortgages

Previous Mortgage Lender: NAVY FEDERAL CREDIT UNION

Previous Mortgage Transaction Date: Jan 24, 2020
Previous Mortgage Financing Type: Fixed Rate
Previous Mortgage Loan Amount: $140,151
Previous Mortgage Term: 360
Previous Mortgage Loan Type: VA

Redact Ownership Info

Comparables

116 Beacon Road

Active

House

3 Beds

1 Bath

1,219 ft²

$112/ft²

$136,500 Jul 13, 2023

$171/mo

About Portsmouth

Stats & Trends

Median Asking:

$259,000

Sale Price/ft²

$170

Below Asking

0.02%

Average Days on Market

Average Home Size

1624 ft²

Average Home Age

66.9 years

Currently For Sale

247 Listings

Similar Homes for Sale

Unit for sale at 116 Beacon Road, Portsmouth, VA 23702

$136,500

3 Beds
1 Bath
1,219 ft²

116 Beacon Road, Portsmouth, VA 23702 Listing by Jonathan Melvin

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Nearby Rentals

Unit for rent at 2716 Janice Lynn Court, Chesapeake, VA, 23323

$1,650 /mo

3 Beds
1.5 Baths
1,058 ft²

2716 Janice Lynn Court, Chesapeake, VA, 23323 Listing by Angela Jernigan

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408 Cabot Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Portsmouth

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions