Oct 13, 2026 · in 31 days
Frequently needed for insurable title on older Portsmouth tax-sale chains.
Virginia independent city (county-equivalent) tax-deed auctions under judicial/nonjudicial tax sale statutes. City of Portsmouth Treasurer / Special Commissioner process sells long-delinquent real estate; regional practice uses TACS (taxva.com / tacssale.com) and local auctioneers for timed online or simulcast sales. Watch taxva.com Real Estate Tax Sales for Portsmouth-named events and city Treasurer notices. Hampton Roads naval and shipyard employment base; flood/insurance underwriting critical on many parcels.
Inherited from Virginia rather than researched for Portsmouth: type, redemption, returns, statute.
| Parcel | Address | Opening bid | Assessed | Spread | Status |
|---|---|---|---|---|---|
| 053-00-00-00-0038-B | — | — | — | — | pending |
| 033-00-00-00-0010-B | — | — | — | — | pending |
| 046-00-00-00-0051-0 And 046-00-00-00-0051-A | — | — | — | — | pending |
| 069-00-00-00-0013-B | — |
Spread is not profit.It compares the opening bid to the county's assessed value, which is not market value — Va. Const. art. X, § 2: "All assessments of real estate and tangible personal property shall be at their fair market value, to be ascertained as prescribed by law." There is no classification and no ratio below full value, except the agricultural, horticultural, forest and open-space use-value deferral the same section authorises. Open a parcel to run the full max-bid analysis, which accounts for the assessment ratio, surviving liens, quiet title, and holding costs.
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| pending |