NOT LISTED FOR SALE

12258 Jefferson Ave Newport News, VA 23602

Palmer Neighborhood

Estimated Value: $6,747,043

-- Bed
-- Bath
6,206 Sq Ft
$1,087/Sq Ft Est. Value

About This Home

This home is located at 12258 Jefferson Ave, Newport News, VA 23602 and is currently estimated at $6,747,043, approximately $1,087 per square foot. 12258 Jefferson Ave is a home located in Newport News City with nearby schools including L.F. Palmer Elementary School, Homer L. Hines Middle School, and Warwick High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2012
Sold by
Private Restaurant Properties
Bought by
Cole Ou Portfolio Llc
Current Estimated Value
$6,747,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,700,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2007
Sold by
Outback Steakhouse Of Fl
Bought by
Private Restaurant Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000,000
Interest Rate
6.54%
Mortgage Type
Construction
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
Cole Ou Portfolio Llc $3,605,096 --
Private Restaurant Prop Llc $2,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cole Ou Portfolio Llc $29,700,000
Previous Owner Private Restaurant Prop Llc $475,000,000
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 $26,959 $2,284,700 $1,608,900 $675,800
2023 $29,299 $2,258,700 $1,608,900 $649,800
2022 $29,750 $2,258,700 $1,608,900 $649,800
2021 $29,615 $2,210,600 $1,608,900 $601,700
2020 $30,911 $2,316,800 $1,608,900 $707,900
2019 $30,825 $2,316,800 $1,608,900 $707,900
2018 $30,771 $2,316,800 $1,608,900 $707,900
2017 $30,771 $2,316,800 $1,608,900 $707,900
2016 $30,695 $2,316,800 $1,608,900 $707,900
2015 $30,587 $2,316,800 $1,608,900 $707,900
2014 $21,922 $1,992,900 $1,285,000 $707,900
Source: Public Records

Map

Virginia Newport News County Newport News 23602 Palmer

12258 Jefferson Ave, Newport News, VA

This home is located at 12258 Jefferson Ave, Newport News, VA 23602 and is currently estimated at $6,747,043, approximately $1,087 per square foot. 12258 Jefferson Ave is a home located in Newport News City with nearby schools including L.F. Palmer Elementary School, Homer L. Hines Middle School, and Warwick High School.

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