1 month on rocket

647 Mt Vernon Ave, Portsmouth, VA, 23707

$245,000

Home List Price

$2,909*

Closing Credit

0 Baths
1,500 SqFt
$163/SqFt
Multi
Schools Nearby

Location

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647 Mt Vernon Ave, Portsmouth$245,000

Buyer Closing Credits

$2,909*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1910
MLS #10524132
StatusActive

About 647 Mt Vernon Ave

Check out this over/under duplex! It has several updates and ready for a new owner! Great opportunity for you to do a house hack. 5K Closing cost assistance with acceptable offer! Property is eligible for 100% financing through Virginia Housing via FHA and Conventional loans.

Property Details

Property Features

Property Information:

  • Architectural Style: Over/Under
  • Year Built: 1910
  • Living Area: 1,500 SqFt

Listing Office:

  • Office Name: COVA Home Realty
  • Listing Agent: Kenneth Foster

Interior Features

Interior Information:

  • Basement: No

School Info

Assigned Schools Information:

  • Churchland High School, Public Magnet Grades 9-12
  • Churchland Middle School, Public District Grades 7-8
  • John Tyler Elementary School, Public District Grades KG-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $245,000
  • Price Per SqFt: $163/SqFt

Tax Information:

  • Annual Amount: $2,058
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Portsmouth, VA.

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Portsmouth, VA

City

Med. Sold Price

$295K

Med. Price/SqFt

$211

Avg. Days On Market

37

# of Sold Homes

113

647 Mt Vernon Ave vs Portsmouth

41 DAYS ON ROCKET

+4 Days

$245,000

-$50K Less

$163/SqFt

-$49 Less

KEY TAKEAWAY

This property is $50K less than the Median Sold Price and $49/SqFt less than other homes in Portsmouth, VA.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10524132

Listing Office:

  • Office Name: COVA Home Realty
  • Listing Agent: Kenneth Foster

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,058$158,280
2020$2,026$155,850
2019$2,052$154,820
2018$2,053$157,890
2017$2,053$157,890

History based on county public records data.

Payment Calculator

$1,290

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$801

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-352306
2
/10

  • John Tyler Elementary School

  • 3649 Hartford St

  • 0.62 miles

  • Public District Grades KG-6

Middle School

school-card-donut-352307
4
/10

  • Churchland Middle School

  • 4051 River Shore Rd

  • 3.57 miles

  • Public District Grades 7-8

High School

school-card-donut-352308
5
/10

  • Churchland High School

  • 4301 Cedar Ln

  • 3.24 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,990. Most Portsmouth, VA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Portsmouth›23707›647 Mt Vernon Ave

This home is located at 647 Mt Vernon Ave in Portsmouth, VA and zip code 23707 in the Port Norfolk neighborhood. This 1,500 square foot home was built in 1910. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $245,000.

Over 1 listings were sold over their listed price in March 2024 in Portsmouth, VA. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price. Between February 2024 and March 2024, Portsmouth, VA real estate market has seen increase in the number of listings by 11.3%. While the average time on the market in March 2024 was 37 days, the median list price was $295,000.

From Rocket Homes Real Estate and based on county public records data.

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