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512 Lanier Crescent

512 Lanier Crescent, Portsmouth, VA 23707
Townhouse in Portsmouth
Sold Mar 11, 2022
$155,000
Seller
$155,000 by Navy Federal Credit Union
Mortgage Due Apr 01, 2052
Sold Dec 22, 2020
$135,000
Buyer
Seller
$128,250 by Southern Trust Mortgage Llc
Mortgage
512 Lanier Crescent in Portsmouth, VA was first built in 1986 and is 38 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 512 Lanier Crescent has 1,130 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 13,068 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The exterior walls of the home are made of brick. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 512 Lanier Crescent sold most recently in Mar 4, 2022 for a total of $155,000. If you work out the math, that's approximately a cost of $137.17 per sqft. Before that, the property was also sold for $135,000 in Dec 15, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,978 in taxes each year. 512 Lanier Crescent was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $158,200. If we break it down further, the land itself was valued at $37,500. Improvements to the property, however, were assessed at a total of $120,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 13,068
  • Total Building Area: 1,130
  • Gross Building Area: 1,130
  • Building Area: 1,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,130
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER PARK
  • Land Acres: 0.3
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 7 BLOCK #6 HOLLY POINT

Ownership

  • Current Owner : JENKINS JOHN W
  • Previous Owner : JASON RUEL
  • Owner Before Previous Owner: 512 146 LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Portsmouth City Public Schools
  • Census Tract: 210300

Zoning

  • Zoning: URM

Geography

  • Parcel: 0375-0390
  • Latitude: 36.8461
  • Longitude: -76.3475

    Address

  • Full Address: 512 Lanier Cres
  • Address - House Number: 512
  • Address - Street Name: Lanier
  • Address - Suffix Type: Cres
  • State: VA
  • City Name: Portsmouth
  • Carrier Code: C025
  • 4-Digit Zip Code: 1359
  • Zip Code: 23707

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,978

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 69
  • Final Value: 171,504
  • High Value: 209,822
  • Low Value: 133,187

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $155,000
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 11, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $155,000
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $158,200
  • Market Land Value: $37,500
  • Market Improvement Value: $120,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,200
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $120,700

    Sales

  • Current Sale Contract Date: Mar 04, 2022
  • Current Sale Recording Date: Mar 11, 2022
  • Current Sale Transaction ID: 11885625195
  • Current Sale Price: $155,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 3716
  • Previous Sale Recording Date: Dec 22, 2020
  • Previous Sale Contract Date: Dec 15, 2020
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Mar 11, 2022
  • First Mortgage Loan Amount: $155,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 22, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $128,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Portsmouth



Similar Buildings

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Nearby Rentals

Unit for rent at 2003 Columbus Avenue, Portsmouth, VA, 23704

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 788 ft²
2003 Columbus Avenue, Portsmouth, VA, 23704 Listing by Jackie Pierce

Frequently Asked Questions

What neighborhood is 512 Lanier Crescent located in?
The 512 Lanier Crescent is a townhouse located in the neighborhood of Portsmouth in Portsmouth, Portsmouth.
What is the average sales price for listings in 512 Lanier Crescent?
The average sales price for units in 512 Lanier Crescent is $0 currently.

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