NOT LISTED FOR SALE

12151 Jefferson Ave Newport News, VA 23602

Palmer Neighborhood

Estimated Value: $29,033,688

-- Bed
-- Bath
134,932 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 12151 Jefferson Ave, Newport News, VA 23602 and is currently estimated at $29,033,688, approximately $215 per square foot. 12151 Jefferson Ave is a home located in Newport News City with nearby schools including Willis A. Jenkins Elementary School, Homer L. Hines Middle School, and Warwick High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2019
Sold by
Acreg 12151 Jefferson Ni Llc
Bought by
Vereit Real Estate Lp
Current Estimated Value
$29,033,688

Purchase Details

Closed on
Jun 2, 2014
Sold by
Lm Properties Llc
Bought by
Acreg 12151 Jefferson Nl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,025,000
Interest Rate
4.19%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 15, 2000
Sold by
Best Buy Stores L P
Bought by
Best Buy Newport News Va L L C
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vereit Real Estate Lp $18,500,000 Attorney
Acreg 12151 Jefferson Nl Llc $17,743,044 --
Best Buy Newport News Va L L C $13,850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acreg 12151 Jefferson Nl Llc $11,025,000
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 $179,946 $15,249,700 $10,264,900 $4,984,800
2023 $220,947 $15,058,000 $10,264,900 $4,793,100
2022 $235,262 $16,000,000 $10,264,900 $5,735,100
2021 $230,775 $15,369,900 $10,264,900 $5,105,000
2020 $238,462 $16,000,000 $8,896,300 $7,103,700
2019 $237,049 $16,000,000 $8,554,100 $7,445,900
2018 $254,501 $17,502,800 $8,554,100 $8,948,700
2017 $254,501 $17,502,800 $7,527,600 $9,975,200
2016 $253,265 $17,502,800 $7,527,600 $9,975,200
2015 $251,499 $17,502,800 $7,527,600 $9,975,200
2014 $195,622 $19,067,000 $7,527,600 $11,539,400
Source: Public Records

Map

Virginia Newport News County Newport News 23602 Palmer

12151 Jefferson Ave, Newport News, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes