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5 Hobson Street

5 Hobson Street, Portsmouth, VA 23704
House in Portsmouth
Sold Apr 29, 2021
$157,500
$154,646 by Sun West Mortgage Company Inc
Mortgage
Sold Feb 12, 2020
$40,000
$90,200 by Bamb Llc
Mortgage
5 Hobson Street 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 1919 and is 105 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. 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, 5 Hobson Street has 1,202 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 1,000 ft and across the front of the lot is 280 ft. The area measurement of the land has been determined as 2,788 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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 frame control joints. The roof of the building is made of asphalt. 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. The property was last sold in Mar 11, 2021 for $157,500. That's $131.03 per sqft. Prior to that sales transaction, the property was also sold in Jan 10, 2020 for $40,000. 5 Hobson Street was last assessed in 2023. The total value of the property was assessed at $156,060. Specifically, the land the property is located on was valued at $25,000. While improvements on the property were assessed at a total of $131,060. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,951. The initial tax year of delinquency was in 2015. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,788
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 280
  • Total Building Area: 1,202
  • Gross Building Area: 1,202
  • Building Area: 1,202
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,202
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRUXTUN
  • Land Acres: 0.064
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 4 BLK H 5 HOBSON ST

Ownership

  • Current Owner : MOLINA MERCADO JORGE L
  • Current Owner 2: FLORES CRUZ EVELYN
  • Previous Owner : PARAGON CONTRACTING GROUP LLC
  • Owner Before Previous Owner: BENNETT MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portsmouth City Public Schools
  • Census Tract: 211700

Zoning

  • Zoning: HR

Geography

  • Parcel: 0155-0620
  • Latitude: 36.8172
  • Longitude: -76.3293

    Address

  • Full Address: 5 Hobson St
  • Address - House Number: 5
  • Address - Street Name: Hobson
  • Address - Suffix Type: St
  • State: VA
  • City Name: Portsmouth
  • Carrier Code: C019
  • 4-Digit Zip Code: 6106
  • Zip Code: 23704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,951
  • Intital Tax Deliquent Year: 2015

    Appraisal Valuation

  • Standard Deviation: 0.2359
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 67
  • Final Value: 200,564
  • High Value: 247,886
  • Low Value: 153,241

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $154,646
  • First Open Lien Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Apr 29, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $154,646
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $156,060
  • Market Land Value: $25,000
  • Market Improvement Value: $131,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,060
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $131,060

    Sales

  • Current Sale Contract Date: Mar 11, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Transaction ID: 11834446010
  • Current Sale Price: $157,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202106021
  • Previous Sale Recording Date: Feb 12, 2020
  • Previous Sale Contract Date: Jan 10, 2020
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Apr 29, 2021
  • First Mortgage Loan Amount: $154,646
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BAMB LLC
  • Previous Mortgage Transaction Date: Feb 12, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $90,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Portsmouth



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Frequently Asked Questions

What neighborhood is 5 Hobson Street located in?
The 5 Hobson Street is a house located in the neighborhood of Portsmouth in Portsmouth, Portsmouth.
What is the average sales price for listings in 5 Hobson Street?
The average sales price for units in 5 Hobson Street is $0 currently.

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