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CondominiumResidential
$394,766$197 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $187,500 on May 25, 2018

475 WATER ST

PORTSMOUTH, VA 23704
Building report
3
Beds
2.5
Baths
2,000 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1 ac
Lot SizeThe size of the land the home sits on, from county records.
1996
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$395K
$371K low$418K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$187,500 · May 25, 2018

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,194 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$385,310 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$99,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$286,310
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$383,150
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$385,310

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.20 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyPORTSMOUTH CITY
Lot (acres)The size of the land the home sits on, from county records.1.00
ConstructionThe main material the home's frame and walls are built from.Brick
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Park View Elementary SchoolD-
Elementary · Grades KG–6 · 1.0 mi
H
I. C. Norcom High SchoolD+
High · Grades 9–12 · 1.3 mi
M
Churchland Middle SchoolD-
Middle · Grades 7–8 · 5.6 mi

District: Portsmouth City Public Schools

Neighborhood · ZIP 23704These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.142
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.29

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.25%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.20,780
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,409 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$47,951
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$65,674
Average tempThe average temperature here across a full year.59°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

475 Water St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 95% of homes in Portsmouth 23704
  • Costs more per square foot than 81% of homes in Portsmouth 23704
  • Bigger than 80% of homes in Portsmouth 23704
  • Among the largest lots in Downtown
  • Newer than 91% of homes in Downtown

What homes are worth in Portsmouth 23704

Each bar is how many homes fall in that price range. The marker is this home.

This home
$88K$466K

This home is worth more than 95% of homes in Portsmouth 23704.

How it measures up in Portsmouth 23704

The dot is this home. The mark in the middle is the typical home in Portsmouth 23704.

Estimated value$394,766
CheaperTypical $251,571Pricier

Pricier than 95% of homes nearby

Price per ft²$197
CheaperTypical $170Pricier

Pricier than 81% of homes nearby

Living area2,000 ft²
SmallerTypical 1,478 ft²Bigger

Bigger than 80% of homes nearby

Lot size1 ac
SmallerTypical 0.12 acBigger

Bigger than almost all homes nearby

Year built1996
OlderTypical 1947Newer

Newer than 83% of homes nearby

How 475 Water St ranks against every home in each area.
MeasureThis homeDowntownPortsmouth 23704Portsmouth city County
Estimated valuepricier than$394,76690% of homes95% of homes88% of homes
Price per ft²pricier than$19779% of homes81% of homes58% of homes
Living areabigger than2,000 ft²75% of homes80% of homes80% of homes
Lot sizebigger than1 acalmost all homesalmost all homesalmost all homes
Year builtnewer than199691% of homes83% of homes86% of homes

About 475 Water St

How much is 475 Water St, Portsmouth, VA worth?

The TopHap Estimate for 475 Water St, Portsmouth, VA is $394,766 as of Sep 24, 2026. The likely range is $371,393 to $418,139. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 475 Water St, Portsmouth, VA last sell?

475 Water St, Portsmouth, VA last sold on May 25, 2018 for $187,500, according to the county's recorded deed.

How big is 475 Water St, Portsmouth, VA?

475 Water St, Portsmouth, VA has 3 bedrooms, 2.5 bathrooms, 2,000 square feet of living space and a 1.00-acre lot.

When was 475 Water St, Portsmouth, VA built?

475 Water St, Portsmouth, VA was built in 1996, making it 30 years old. It is a condo/apartment home. The building has 2 stories.

What schools serve 475 Water St, Portsmouth, VA?

475 Water St, Portsmouth, VA is assigned to Park View Elementary School (elementary), rated D-; I. C. Norcom High School (high), rated D+; Churchland Middle School (middle), rated D-. All sit in Portsmouth City Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 475 Water St, Portsmouth, VA compare to other homes in Portsmouth 23704?

Among the 6,186 homes in Portsmouth 23704, it is worth more than 95% of them ($394,766 against a typical $251,571), its price per square foot is higher than 81% of them ($197 against a typical $170), it is bigger than 80% of them (2,000 ft² against a typical 1,478 ft²), its lot is bigger than almost all of them (1 ac against a typical 0.12 ac) and it is newer than 83% of them (1996 against a typical 1947). Measured against all of Portsmouth city County, it is worth more than 88% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 475 Water St, Portsmouth, VA?

The 2025 property tax bill for 475 Water St, Portsmouth, VA was $1,194. The county assessed it at $385,310.

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