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451 Riverside Drive

451 Riverside Drive, Portsmouth, VA 23707
Property in Portsmouth
Sold May 02, 2023
$650,000
$493,593 by George Mason Mortgage, Llc
Mortgage Due May 01, 2053
Sold Jun 25, 2021
$505,000
$479,750 by Wells Fargo Bank Na
Mortgage
451 Riverside Drive 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 1934 and is 90 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 451 Riverside Drive has 3,463 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 7,841 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Tudor 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 323 sqft. According to our sources, there is one available parking space. 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 asbestos. 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, 451 Riverside Drive was last sold in Apr 28, 2023 for $650,000. According to our calculations, that's $187.70 per sqft. Prior to that sales transaction, the property was sold for $505,000 in Jun 17, 2021. Current property owners are expected to pay $5,010 in taxes per year. The property on 451 Riverside Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $400,800. To break that down further, the land itself was valued at $125,200. While improvements to the property were assessed at a total of $275,600. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Total Rooms: 11
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Tudor
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asbestos
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 323
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,463
  • Gross Building Area: 3,463
  • Building Area: 3,463
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 3,463
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATERVIEW
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PTS 15 & 16 BLK 27 451 RIVERSIDE

Ownership

  • Current Owner : DILLON RICHARD H
  • Current Owner 2: DILLON AURORA CASTRO
  • Previous Owner : HACK DAVID B
  • Owner Before Previous Owner: CAGE WILLIAM A
  • Owner Before Previous Owner 2: CAGE KATHLEEN K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Portsmouth City Public Schools
  • Census Tract: 210400

Zoning

  • Zoning: UR

Geography

  • Parcel: 0359-0080
  • Latitude: 36.8378
  • Longitude: -76.358

    Address

  • Full Address: 451 Riverside Dr
  • Address - House Number: 451
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Portsmouth
  • Carrier Code: C034
  • 4-Digit Zip Code: 1118
  • Zip Code: 23707

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,010

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 76
  • Final Value: 518,738
  • High Value: 611,983
  • Low Value: 425,493

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $493,593
  • First Open Lien Mortgage Lender: GEORGE MASON MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: May 02, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $493,593
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $400,800
  • Market Land Value: $125,200
  • Market Improvement Value: $275,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,800
  • Assessed Land Value: $125,200
  • Assessed Improvements Value: $275,600

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: May 02, 2023
  • Current Sale Transaction ID: 11906424944
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4158
  • Previous Sale Recording Date: Jun 25, 2021
  • Previous Sale Contract Date: Jun 17, 2021
  • Previous Sale Amount: $505,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GEORGE MASON MORTGAGE, LLC
  • First Mortgage Transaction Date: May 02, 2023
  • First Mortgage Loan Amount: $493,593
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 25, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $479,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Portsmouth



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Frequently Asked Questions

What neighborhood is 451 Riverside Drive located in?
The 451 Riverside Drive is a located in the neighborhood of Portsmouth in Portsmouth, Portsmouth.
What is the average sales price for listings in 451 Riverside Drive?
The average sales price for units in 451 Riverside Drive is $0 currently.

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