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121 Gilmerton Ave

Portsmouth, VA 23704

4 bd 3 ba 1,556 sqft Built 1945 Lot 7,405 sqft single_family
Most recent sale
$269,900
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $269,900 Public Record
Jun 19, 2022 Price changed $269,900 MLS #10438716
Jun 9, 2022 Price changed $274,900 MLS #10438716
May 28, 2022 Listed $279,900 MLS #10438716
Jan 10, 2022 Sold $77,495 Public Record
Dec 7, 2021 Price changed $88,000 MLS #10389149
Oct 14, 2021 Price changed $99,000 MLS #10389149
Oct 9, 2021 Listed for rent $888 HamptonRoads
Sep 3, 2021 Price changed $119,900 MLS #10389149
Jul 13, 2021 Price changed $129,900 MLS #10389149
Jul 12, 2021 Listed $110,000 MLS #10389149
Mar 26, 2018 Listed for rent $777 HamptonRoads
Mar 9, 2018 Listing removed $777 HamptonRoads
Feb 28, 2018 Listed for rent $777 HamptonRoads
Jul 3, 2016 Listing removed $750 HamptonRoads
Apr 20, 2016 Listed for rent $750 HamptonRoads
Mar 16, 2013 Listing removed $24,500 HamptonRoads
Feb 15, 2013 Price changed $24,500 MLS #1300312
Jan 24, 2013 Price changed $25,000 MLS #1300312
Jan 4, 2013 Listed $29,000 MLS #1300312

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $204,250 $63,000 $267,250 $3,313
2024 $204,250 $63,000 $267,250 $3,232
2023 $182,050 $63,000 $245,050 $3,185
2022 $192,410 $52,500 $244,910 $3,183
2021 $67,160 $37,990 $105,150 $1,366
2020 $64,370 $36,190 $100,560 $1,307
2019 $62,970 $36,190 $99,160 $1,289
2018 $62,970 $36,190 $99,160 $1,289
2017 $62,970 $36,190 $99,160 $1,289
2016 $62,970 $36,190 $99,160 $1,289
2015 $59,470 $36,190 $95,660 $1,244
2014 $42,160 $36,190 $78,350 $995
2013 $42,160 $36,190 $78,350 $1,106
2012 $42,160 $36,190 $78,350 $1,106
2010 $47,120 $36,190 $83,310 $1,033
2009 $47,120 $36,190 $83,310 $1,033
2008 $47,120 $36,190 $83,310 $1,008
2007 $45,090 $32,600 $77,690 $978

Property facts

Year built
1945
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,556 sqft
Lot size
7,405 sqft
ZIP code
23704
City
Portsmouth
Street
Gilmerton Ave
Coordinates
36.82348, -76.31031

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,334
Gross rental yield
10.38%
Implied cap rate
6.75%
Trend-extrapolated value

Frequently asked questions

When did 121 Gilmerton Ave last sell?
121 Gilmerton Ave most recently sold on Aug 5, 2022 for $269,900.
What is the current tax assessment for 121 Gilmerton Ave?
The most recent total assessment for 121 Gilmerton Ave (year 2025) is $267,250 with $3,313 in property tax.
How does 121 Gilmerton Ave's assessment compare to its last sale price?
The current assessment is 1.0% below the last sale price of $269,900.
When was 121 Gilmerton Ave built?
121 Gilmerton Ave was built in 1945.
How does 121 Gilmerton Ave compare to others on Gilmerton Ave?
We track 2 other properties on Gilmerton Ave. Browse the list under "Other properties on Gilmerton Ave" to compare beds, baths, and sale history.
What are the property facts for 121 Gilmerton Ave?
121 Gilmerton Ave is a 4 bed, 3 bath, 1,556 sqft, 7,405 sqft lot single_family.
Is 121 Gilmerton Ave a flip candidate?
Yes — 121 Gilmerton Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 121 Gilmerton Ave a tax-appeal candidate?
No — 121 Gilmerton Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.0%
Implied 1-yr
+20.1%
2026 Q3
$377.9K
2026 Q4
$392.2K
ZIP 23704 — Median Price History + Forecast

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