$4,667 Closing Credit¹
#10573015, Wayne Russell, Listing Office: The Real Estate Group
$400,000 List price
1020 Fayette St Portsmouth, VA 23704
$4,750
Closing credit¹
5 beds
3 full, 1 partial
2,332 sqft
0.2 acres
$172 / sqft
House
Property details
About 1020 Fayette St
Begin 2025 in this beautiful new construction! This spacious, open-concept design boasts five large bedrooms, three full baths, and one convenient half bath. The first-floor bedroom has its own full bath that is great guests or multigenerational living. Each bedroom provides generous space for ultimate relaxation. The kitchen is a chef’s dream, featuring sleek stainless steel appliances and plenty of cabinet space for all your culinary needs. Ideally located near downtown Portsmouth, Norfolk Naval Shipyard, top shopping spots, and major highways, this home offers the perfect balance of comfort and convenience. Don’t miss the opportunity to explore these stunning floor plans!
Highlights
Home typeSingle Family Residence
HeatingElectric, Heat Pump
StatusActive
CoolingHeat Pump
Size2,332 sqft
Lot size0.19 Acres
Year builtNew Const., 2024
ParkingGarage Att 1 Car, 1 Space, 2 Space, Street
MLS #10574249
Attached garageYes
Summary
- MLS Number: 10574249
- Office Name: Howard Hanna Real Estate Svcs.
- Listing Agent: Rita Applewhite
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$400,000
1020 Fayette St
$4,750
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $66,000 | $811 |
| 2023 | $66,000 | $825 |
| 2022 | $74,360 | $966 |
| 2021 | $56,690 | $736 |
| 2020 | $54,100 | $703 |
| 2019 | $80,670 | $1,048 |
| 2018 | $80,670 | $1,048 |
| 2017 | $80,670 | $1,048 |
History based on county public records data.
Nearby schools
2
Brighton Elementary School
Public District KG-6
0.2 mi
•1100 Portsmouth Blvd
4
Park View Elementary School
Public District KG-6
1.2 mi
•260 Elm Ave
1
St. Helena Elementary School
Public District PK-5
1.5 mi
•903 S Main St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,167. Residents of Portsmouth, VA typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
42%
<35k
52%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
49%
Single, No Kids
23%
Single, with Kids
15%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
11%
12-17 yrs old
18%
18-34 yrs old
41%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Horse Races
Where do the neighbors shop?
Big Lots
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Golden Corral
White Castle
LongHorn Steakhouse
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 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 March 17, 2025 and is currently priced at $400,000.
Over 2 listings were sold over their listed price in March 2025 in Portsmouth, VA. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Portsmouth, VA increased by 10.8% between February and March 2025. While the average time on the market in March 2025 was 38 days, the median list price was $268,000.
From Rocket Homes Real Estate and based on county public records data.