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5621 Springwood Drive

5621 Springwood Drive, Portsmouth, VA 23703
Property in Portsmouth
Sold Aug 01, 2018
$196,546
$192,985 by Home Point Financial Corporati
Mortgage
Sold Jan 09, 2012
$175,000
$167,912 by Tidewater Home Funding Ll
Mortgage
5621 Springwood Drive in Portsmouth, VA was first built in 1975 and is 49 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 ranch/rambler style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5621 Springwood Drive has 1,898 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. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 12,632 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. The garage is 399 sqft. There is one available parking space. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5621 Springwood Drive sold most recently in Jul 26, 2018 for a total of $196,546. If you work out the math, that's approximately a cost of $103.55 per sqft. Before that, the property was also sold for $175,000 in Jan 4, 2012. 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 $3,670 in taxes each year. 5621 Springwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $293,580. If we break it down further, the land itself was valued at $97,200. Improvements to the property, however, were assessed at a total of $196,380. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 399
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,898
  • Gross Building Area: 1,898
  • Building Area: 1,898
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,898
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELVEDERE
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 76 BELVEDERE SEC 2

Ownership

  • Current Owner : FAULKS TYWANA
  • Previous Owner : CRAWFORD JEFFERY A
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: GR

Geography

  • Parcel: 0798-0060
  • Latitude: 36.8626
  • Longitude: -76.3827

    Address

  • Full Address: 5621 Springwood Dr
  • Address - House Number: 5621
  • Address - Street Name: Springwood
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Portsmouth
  • Carrier Code: C004
  • 4-Digit Zip Code: 3538
  • Zip Code: 23703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,670

    Appraisal Valuation

  • Standard Deviation: 0.2203
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 69
  • Final Value: 314,564
  • High Value: 383,866
  • Low Value: 245,261

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,985
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Aug 01, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $192,985
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $293,580
  • Market Land Value: $97,200
  • Market Improvement Value: $196,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,580
  • Assessed Land Value: $97,200
  • Assessed Improvements Value: $196,380

    Sales

  • Current Sale Contract Date: Jul 26, 2018
  • Current Sale Recording Date: Aug 01, 2018
  • Current Sale Transaction ID: 11501872908
  • Current Sale Price: $196,546
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180007730
  • Previous Sale Recording Date: Jan 09, 2012
  • Previous Sale Contract Date: Jan 04, 2012
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Aug 01, 2018
  • First Mortgage Loan Amount: $192,985
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TIDEWATER HOME FUNDING LL
  • Previous Mortgage Transaction Date: Jan 09, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $167,912
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Portsmouth



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Unit for rent at 3827 Rivanna River Reach, Portsmouth, VA, 23703

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  • 2.5 Baths
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3827 Rivanna River Reach #B, Portsmouth, VA, 23703 Listing by Electra Alexander

Frequently Asked Questions

What neighborhood is 5621 Springwood Drive located in?
The 5621 Springwood Drive is a located in the neighborhood of Portsmouth in Portsmouth, Portsmouth.
What is the average sales price for listings in 5621 Springwood Drive?
The average sales price for units in 5621 Springwood Drive is $0 currently.

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