masterkey logo
3525 Shelton Rd
Score
0
Portsmouth, VA

3525 Shelton Rd

345K
4 bd • 3 ba • 1,887 sf

This analysis was generated on 1/28/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$345,000

Price/Sq.Ft

$183

Year Built

1965

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• The price per square foot ($182.83) is competitive for the Portsmouth market, suggesting a good value for the size of the home. With 1,887 square feet, it is a good-sized family home. • The house has 4 bedrooms and 2.5 bathrooms, making it suitable for a family or those needing extra space. This is a desirable feature for many homebuyers in the area. • The roof and water heater have been replaced within the last 3 years, reducing the likelihood of immediate major expenses for these critical components. This is a significant benefit for potential buyers. • The property features hardwood floors throughout, which are a desirable and durable feature, adding to the property's appeal. The natural gas fireplace adds to the home's charm and provides an additional heat source. • The large garage and ample off-street parking are valuable amenities that provide convenience and storage space. This is a practical feature for families with multiple vehicles. • The backyard offers privacy and includes a gazebo, fire pit, and natural gas hookup for a grill, making it ideal for outdoor entertaining and relaxation. The spacious yard allows room for gardening, adding to the property's appeal. The additional space in the back is a great asset. • The location is convenient to the interstate, schools, bases, and shopping, making it easy to commute and access essential amenities. This is a significant advantage for buyers who value accessibility and convenience.

The Bad

• The home's age (built in 1965) means it may have outdated systems (electrical, plumbing) and may require more maintenance than newer homes. While the roof and water heater were replaced recently, other systems might be nearing the end of their lifespan. This could lead to unexpected repair costs. • The school ratings for the area are below average, with Churchland Elementary (5/10), Churchland Middle (3/10), and Churchland High (4/10). This could be a concern for families with school-aged children and may impact the home's resale value. • The moderate flood risk (3/10) requires flood insurance, adding to the overall cost of ownership. Portsmouth's low elevation and exposure to tidal flooding make this a significant consideration. The property's location in a Zone X_UNSHADED still indicates a risk that cannot be ignored. • The extreme heat risk (9/10) means higher utility costs in the summer. The need to run central air conditioning for extended periods will significantly increase energy bills. The 98th percentile temperature of 106°F indicates that summers are extremely hot. • The severe wind risk (8/10) requires windstorm insurance, which can increase annual premiums. The property is susceptible to damage from severe winds, which are common in the Portsmouth area. This will add to insurance costs. • The listing mentions that the home needs a "personal touch", which suggests that the interior might require updating or renovations. This will add to the overall cost and time investment for the buyer.

The Ugly

• The property's age (1965) means it is likely to have outdated systems, such as electrical and plumbing, that might need costly repairs or upgrades in the near future. This adds to the overall long-term cost of ownership. • The severe wind risk (8/10) will result in high insurance premiums, adding a substantial cost to the monthly expenses. This is a recurring cost that cannot be avoided and could be as high as $500 or more a year. • The moderate flood risk (3/10), despite being in a Zone X_UNSHADED, still requires flood insurance, further increasing insurance costs. The area's susceptibility to tidal flooding makes this a persistent concern. • The extreme heat risk (9/10) will lead to very high cooling costs during the summer months. The need for constant air conditioning use will drive up utility bills significantly. The 98th percentile temperature of 106°F means the summers are very hot. • The below-average school ratings (5/10, 3/10, 4/10) could negatively impact property value and make the home less attractive to families with children. This could also affect resale value in the future. This is a significant issue that potential buyers need to consider. • The need for a "personal touch" means the home likely requires interior updates and renovations, adding potentially significant costs and time commitments for the buyer. This could include new kitchen appliances, bathroom renovations, paint, and flooring upgrades. The expenses could be significant.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Homebuyers seeking a family-sized home in a well-established neighborhood with mature landscaping and a large backyard. The 4 bedrooms and 2.5 bathrooms provide ample space for a family, and the backyard's features (gazebo, fire pit, gas grill hookup) are ideal for entertaining and outdoor activities. • Buyers who value convenience and accessibility. The property's proximity to the interstate, schools, military bases, and shopping centers makes it easy to get around and access essential amenities. This is particularly beneficial for families with school-aged children or those working at nearby military facilities. • Purchasers who appreciate classic home features, such as hardwood floors and a natural gas fireplace, combined with recent upgrades. The replaced roof and water heater (within the last 3 years) reduce the risk of immediate major repairs and offer peace of mind. • Buyers with a budget that aligns with the local market. At $182.83 per square foot, this property falls within a competitive range for single-family homes in Portsmouth, VA. The estimated monthly cost, including mortgage, insurance, and taxes, should be manageable for households with a combined income of $80,000 or higher, assuming a 20% down payment and reasonable interest rates. • Individuals or families looking for a property that may have some potential for customization. While the home is move-in ready, the description mentions the need for a personal touch, which could appeal to buyers who want to add their own style and upgrades.

Not For

• First-time homebuyers or budget-conscious buyers looking for a starter home. While the price per square foot is competitive, the total cost of ownership, including mortgage, insurance, property taxes, and potential maintenance, can be a financial burden for those on a tight budget. • Buyers looking for a fully updated or modern home. While the roof and water heater have been replaced recently, the property description indicates a need for personal touches, implying that other areas may need updating or renovation, which would add to the overall costs. • Individuals or families with an aversion to older homes. Built in 1965, this property is more than 50 years old. While it has some updates, it may still have older systems, materials, and quirks that require more maintenance and care than newer constructions. • Buyers highly sensitive to climate risks. The property has a moderate flood risk, extreme heat risk, and severe wind risk, which will impact insurance costs and potentially require climate-control upgrades. Those seeking a property with minimal climate-related concerns should consider other locations. • Buyers with limited mobility or accessibility needs. The listing does not mention accessibility features. The two-story design may pose challenges for those with mobility issues. A single-story home might be a better fit.
Demographics
Area Median Income

$68,413

Property History

Price History
Ownership Timeline
$219,500Financed
Mar 1, 2021
Joshua Maloney, Jamie MaloneyPhillip Shaw, Audrey Shaw
Warranty Deed
Standard Sale (Purchase/Resales)
$200,000Financed
Jun 30, 2010
Secretary Of Veterans AffairsJoshua Maloney
Special Warranty Deed
Standard Sale (Purchase/Resales)
$226,000Financed
Apr 29, 2005
David N ChadwickRonald Odum
Warranty Deed
Standard Sale (Purchase/Resales)

Property Taxes

$3,650
2023 Tax Assessment
3.7%from previous year
Assessed Value$292,000
Tax Rate1.25%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Schools

Nearby school quality by education level

Middle

3.0/10
Below Average

High

4.0/10
Average

Financials

Monthly Costs
Market Rent (4 bed)

$1,116

Get a detailed estimate on Zillow
Unlock Premium Features

Supercharge Your Property Analysis

Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.

Best for serious buyers
  • Unlimited AI analysis
  • Unlimited AI chat
  • Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$345,000
Price/sqft
$183
Layout
4 bd3 ba
Days on market
13 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$376,733

8.4%

Your price is 8.4% below average

Median Price

$400,000

13.8%

Based on 6 recent sales

Price per Sq.Ft

$195

6.2%

Your price is 6.2% below average $/sqft

Comparable Properties

3304 Tyre Neck Road, Chesapeake, VA 23321
Price: $415,000
Sq.Ft: 2,018
Beds/Baths: 4/3
$/Sq.Ft:
$20612.5%
Sale Date: 12/5/2024
3633 Linnet Lane, Portsmouth, VA 23703
Price: $335,000
Sq.Ft: 1,900
Beds/Baths: 3/3
$/Sq.Ft:
$1763.6%
Sale Date: 8/16/2024
5621 Greenefield Drive S, Portsmouth, VA 23703
Price: $340,000
Sq.Ft: 1,603
Beds/Baths: 4/3
$/Sq.Ft:
$21216.0%
Sale Date: 9/14/2024
3604 Cardinal Ln, Portsmouth, VA 23703
Price: $455,500
Sq.Ft: 2,250
Beds/Baths: 4/3
$/Sq.Ft:
$20210.7%
Sale Date: 9/26/2024
4537 Buckingham Drive, Portsmouth, VA 23703
Price: $400,000
Sq.Ft: 2,151
Beds/Baths: 4/3
$/Sq.Ft:
$1861.7%
Sale Date: 9/5/2024
1203 Marsh Wren Circle #2-1203, Portsmouth, VA 23702
Price: $314,900
Sq.Ft: 1,675
Beds/Baths: 3/3
$/Sq.Ft:
$1882.8%
Sale Date: 8/23/2024

Frequently Asked Questions

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Join 1,000+ buyers

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow listing.

Free Analysis
AI-Powered Insights
Instant Results