NOT LISTED FOR SALE

840 Lancer Dr Portsmouth, VA 23701

Park Manor Neighborhood

Estimated Value: $20,089,310

2 Beds
2 Baths
1,002 Sq Ft
$20,049/Sq Ft Est. Value

About This Home

This home is located at 840 Lancer Dr, Portsmouth, VA 23701 and is currently estimated at $20,089,310, approximately $20,049 per square foot. 840 Lancer Dr is a home located in Portsmouth City with nearby schools including Hodges Manor Elementary School, Wm. E. Waters Middle School, and Manor High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2022
Sold by
Va Mallard Cove Llc
Bought by
Dbc Mallard Cove Bsd Llc and Washington 28 Llc
Current Estimated Value
$20,089,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,555,000
Outstanding Balance
$13,098,605
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$6,853,653

Purchase Details

Closed on
Mar 12, 2019
Sold by
Mallard Cove Mcf-Scg Lp
Bought by
Va Mallard Cove Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,446,161
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2008
Sold by
Ys Portsmouth L P
Bought by
Mallard Cove Mcf-Scg L P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,955,000
Interest Rate
5.91%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dbc Mallard Cove Bsd Llc $17,950 Fidelity National Title
Va Mallard Cove Llc $3,876,723 None Available
Mallard Cove Mcf-Scg L P $8,160,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dbc Mallard Cove Bsd Llc $13,555,000
Previous Owner Va Mallard Cove Llc $4,446,161
Previous Owner Mallard Cove Mcf-Scg L P $3,955,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $211,683 $17,210,000 $2,880,000 $14,330,000
2023 $215,110 $17,208,800 $3,360,300 $13,848,500
2022 $77,551 $5,965,480 $3,360,280 $2,605,200
2021 $68,993 $5,307,160 $2,701,960 $2,605,200
2020 $64,480 $4,960,000 $2,701,960 $2,258,040
2019 $79,300 $6,100,000 $2,263,080 $3,836,920
2018 $79,300 $6,100,000 $2,263,080 $3,836,920
2017 $79,300 $6,100,000 $1,090,940 $5,009,060
2016 $79,300 $6,100,000 $1,090,940 $5,009,060
2015 $79,300 $6,100,000 $1,090,940 $5,009,060
2014 $77,470 $6,100,000 $1,090,940 $5,009,060
Source: Public Records

Map

Virginia Portsmouth County Portsmouth 23701 Park Manor

840 Lancer Dr, Portsmouth, VA

Homes for Sale in Portsmouth, VA

This home is located at 840 Lancer Dr, Portsmouth, VA 23701 and is currently estimated at $20,089,310, approximately $20,049 per square foot. 840 Lancer Dr is a home located in Portsmouth City with nearby schools including Hodges Manor Elementary School, Wm. E. Waters Middle School, and Manor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.