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1020 Fayette St, Portsmouth, VA, 23704

$400,000

Home List Price

$4,750*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
2,332 SqFt
$172/SqFt
House

Location

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1020 Fayette St, Portsmouth$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Att 1 Car, 1 Space, 2 Space, Street
Attached GarageYes
Year BuiltNew Const., 2024
HeatingElectric, Heat Pump
CoolingHeat Pump
MLS #10558519
Lot Size0.19 Acres
StatusActive

About 1020 Fayette St

Imagine celebrating the holidays in your stunning new home! This spacious, open-concept construction features five generous bedrooms and three full baths plus a convenient half bath. The first-floor bedroom, complete with its own full bath, and a half bath that is great for guests and/ or multigenerational living. The kitchen is a chef's dream, showcasing a center island, elegant granite countertops, abundant cabinet space, and a pantry. Each bedroom offers ample space for relaxation. Ideally situated near downtown Portsmouth, Norfolk Naval Shipyard, and key shopping and interstate access, this home blends comfort and convenience seamlessly. Don’t miss the chance to explore these impressive floor plans!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2024
  • Stories: 2
  • Living Area: 2,332 SqFt

Listing Office:

  • Office Name: Howard Hanna Real Estate Svcs.
  • Listing Agent: Rita Applewhite

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, /Dryer Connection, Microwave, Electric Range, Refrigerator, Washer Connection
  • Basement: No
  • Flooring Type: Carpet, Laminate/LVP
  • Interior: Primary Sink-Double, Walk-In Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage Att 1 Car, 1 Space, 2 Space, Street

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $172/SqFt

Tax Information:

  • Annual Amount: $737
  • 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. List Price

$274.6K

Med. Price/SqFt

$178

Avg. Days On Market

83

# of Sold Homes

109

1020 Fayette St vs Portsmouth

44 DAYS ON ROCKET

-39 Days

$400,000

+$125.3K More

$172/SqFt

-$7 Less

KEY TAKEAWAY

This property is $125.3K more than the Median List Price and $7/SqFt less than other homes in Portsmouth, VA.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Number: #10558519

Listing Office:

  • Office Name: Howard Hanna Real Estate Svcs.
  • Listing Agent: Rita Applewhite

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$737$56,690
2020$703$54,100
2019$1,048$80,670
2018$1,049$80,670
2017$1,049$80,670

History based on county public records data.

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$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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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.

Nearby Schools

school-card-donut-996017
2
/10

  • Brighton Elementary School

  • 1100 Portsmouth Blvd

  • 0.21 miles

  • Public District Grades KG-6

school-card-donut-996018
4
/10

  • Park View Elementary School

  • 260 Elm Ave

  • 1.20 miles

  • Public District Grades KG-6

school-card-donut-996019
1
/10

  • St. Helena Elementary School

  • 903 S Main St

  • 1.51 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,167. Most Portsmouth, VA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1020 Fayette St

What is the listing price of this property?

The listing price of 1020 Fayette St property is $400,000.

What type of property is this?

The property 1020 Fayette St is a house located in Portsmouth, Virginia, 23704.

Is this property for sale now?

Active Listing: 1020 Fayette St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $737 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1020 Fayette St has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1020 Fayette St is 2,332 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1020 Fayette St is 2024.

Rocket Homes›Virginia›Portsmouth›23704›1020 Fayette St

This home is located at 1020 Fayette St in Portsmouth, VA and zip code 23704 in the Prentis Park neighborhood. This 2,332 square foot home, which was built in 2024, sits on a 0.19 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $400,000.

The inventory of homes for sale in Portsmouth, VA between October 2024 and November 2024 increased by 1.6%. While the average time on the market in November 2024 was 83 days, the median list price was $274,693.

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

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