Sold

$250,000

5 Palmett St, Portsmouth, VA 23702

2beds

834sqft

Single Family Residence

Built in 1941

9,147 Square Feet Lot

$261,700 Zestimate^®

$300/sqft

$1,539 Estimated rent

Home value

$261,700

$217,000 - $314,000

$1,539/mo

Zestimate^® history

Owner options

List your home for rent

$1,539/mo

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$1,539/mo

Rent Zestimate^®

Refinance and save

$1,288/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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$1,288/mo

Est. payment

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What's special

Modern designStylish bathroomOriginal charmSturdy lvp flooringGranite countertopsCeiling fansBright and spacious bedrooms

*SPECIAL FINANCING AVAILABLE* Conventional Loan 6.125 -FHA Loan 5.625 -VA Loan 5.375; 30 Year Fixed Rate. Come enjoy the benefit! Rate Relief makes this home more accessible and budget-friendly for you. What is a Rate Relief Eligible Property? Rate Relief is a program offered by AnnieMacHome Mortgage where the mortgage interest rate is reduced for the life of the loan. This reduction is achieved through an upfront payment made during the purchase process, and here’s the best part – the seller has committed to covering this cost for you!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: 1st Floor BR, Utility Closet

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Gas Water Heater
Laundry: Dryer Hookup, Washer Hookup

Features

Ceiling Fan(s)
Flooring: Laminate/LVP
Basement: Crawl Space
Has fireplace: No

Interior area

Total interior livable area: 834 sqft

Property

Parking

Total spaces: 1
Parking features: Garage Det 1 Car, Driveway
Garage spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None
Fencing: Back Yard,Front Yard,Fenced
Waterfront features: Not Waterfront

Lot

Size: 9,147 Square Feet
Features: Corner

Details

Parcel number: 05080480
Zoning: UR
Special conditions: Owner Agent

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage,Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

New construction: No
Year built: 1941

Utilities & green energy

Sewer: City/County
Water: City/County
Utilities for property: Cable Hookup

Community & HOA

Community

Subdivision: Highland Biltmore

HOA

Has HOA: No

Location

Region: Portsmouth

Financial & listing details

Price per square foot: $300/sqft
Tax assessed value: $160,920
Annual tax amount: $1,954
Date on market: 8/7/2025

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$1,995 +2.1%	$160,920 +1.3%
2024	$1,954 +0%	$158,890 +1.6%
2023	$1,954 -5%	$156,340 -1.2%
2022	$2,057 +20%	$158,200 +20%
2021	$1,714 +6.8%	$131,830 +6.8%
2019	$1,604 +1.7%	$123,400 +1.7%
2018	$1,577	$121,310
2017	$1,577 -6.6%	$121,310
2016	$1,688 +8.3%	$121,310 +1.2%
2015	$1,559 +2.4%	$119,920
2014	$1,523	$119,920
2013	$1,523 -1.1%	$119,920 -1.1%
2012	$1,541 -1.7%	$121,310 -1.7%
2011	$1,567 -0.4%	$123,400 -2.7%
2010	$1,573 -5.4%	$126,870 -5.4%
2009	$1,664 +2.5%	$134,170
2008	$1,623 +8.5%	$134,170 +13%
2007	$1,496 +7.6%	$118,750 +16.1%
2006	$1,391 +15.1%	$102,280 +21.9%
2005	$1,209 +13%	$83,930 +13.8%
2004	$1,070 +24.6%	$73,780 +8%
2003	$859 +2.9%	$68,310 +16.2%
2002	$835 +3%	$58,800 +3%
2001	$811	$57,090