NOT LISTED FOR SALE

11845 Jefferson Ave Newport News, VA 23606

Estimated Value: $5,148,448

-- Bed
-- Bath
78 Sq Ft
$66,006/Sq Ft Est. Value

About This Home

This home is located at 11845 Jefferson Ave, Newport News, VA 23606 and is currently estimated at $5,148,448, approximately $66,005 per square foot. 11845 Jefferson Ave is a home located in Newport News City with nearby schools including Hidenwood Elementary School, Homer L. Hines Middle School, and Warwick High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2005
Sold by
Newport News Hospitality
Bought by
Vishal Inc
Current Estimated Value
$5,148,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Outstanding Balance
$912,968
Interest Rate
5.63%
Mortgage Type
Commercial
Estimated Equity
$4,138,573

Purchase Details

Closed on
Nov 12, 2001
Sold by
Millennium Hospitality Ll
Bought by
Newport News Hospitality Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,000
Interest Rate
6.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 1999
Sold by
Union Investment Co
Bought by
Patel Suketu T and Patel,Hasmukh D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vishal Inc $3,250,000 --
Newport News Hospitality Llc $2,500,000 --
Patel Suketu T $18,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vishal Inc $927,000
Open Vishal Inc $1,650,000
Previous Owner Newport News Hospitality Llc $617,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $30,040 $2,545,800 $1,536,800 $1,009,000
2023 $38,803 $2,526,000 $1,536,800 $989,200
2022 $36,044 $2,254,000 $1,536,800 $717,200
2021 $25,327 $2,076,000 $1,536,800 $539,200
2020 $34,324 $2,076,000 $1,536,800 $539,200
2019 $33,183 $2,006,600 $1,536,800 $469,800
2018 $33,000 $2,006,600 $1,536,800 $469,800
2017 $38,265 $2,438,200 $1,536,800 $901,400
2016 $31,576 $1,911,000 $1,536,800 $374,200
2015 $25,790 $1,466,800 $1,280,700 $186,100
2014 $16,135 $1,466,800 $897,400 $569,400
Source: Public Records

Map

Virginia Newport News County Newport News 23606

11845 Jefferson Ave, Newport News, VA

This home is located at 11845 Jefferson Ave, Newport News, VA 23606 and is currently estimated at $5,148,448, approximately $66,005 per square foot. 11845 Jefferson Ave is a home located in Newport News City with nearby schools including Hidenwood Elementary School, Homer L. Hines Middle School, and Warwick High School.

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