NOT LISTED FOR SALE

Estimated Value: $372,000 - $390,000

4 Beds
3 Baths
2,041 Sq Ft
$188/Sq Ft Est. Value

About This Home

This home is located at 1240 Patrick Ln, Newport News, VA 23608 and is currently estimated at $383,464, approximately $187 per square foot. 1240 Patrick Ln is a home located in Newport News City with nearby schools including Knollwood Meadows Elementary School, Mary Passage Middle School, and Denbigh High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2024
Sold by
Nickeson Andrew Kenneth and Nickeson Dana N
Bought by
Howell Michael and Howell Hayley
Current Estimated Value
$383,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,762
Outstanding Balance
$271,579
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$122,749

Purchase Details

Closed on
Jan 14, 2021
Sold by
Cereceres Felix and Cereceres Zulma A
Bought by
Nickeson Andrew Kenneth and Nickeson Dana N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,005
Interest Rate
2.71%
Mortgage Type
VA

Purchase Details

Closed on
Sep 18, 2017
Sold by
Woods Henry A and Woods Ruth S
Bought by
Cereceres Felix and Cereceres Zulma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,982
Interest Rate
3.9%
Mortgage Type
VA
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
Howell Michael $353,200 Fidelity National Title
Howell Michael $353,200 Fidelity National Title
Nickeson Andrew Kenneth $287,650 Attorney
Cereceres Felix $231,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howell Michael $275,762
Closed Howell Michael $275,762
Previous Owner Nickeson Andrew Kenneth $298,005
Previous Owner Cereceres Felix $235,982
Previous Owner Woods Henry A $176,100
Previous Owner Woods Henry A $214,000
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 $4,303 $364,700 $80,000 $284,700
2023 $4,290 $351,100 $80,000 $271,100
2022 $3,969 $318,500 $80,000 $238,500
2021 $3,255 $266,800 $65,000 $201,800
2020 $3,099 $242,000 $65,000 $177,000
2019 $2,992 $233,600 $65,000 $168,600
2018 $2,889 $227,100 $65,000 $162,100
2017 $2,675 $209,600 $65,000 $144,600
2016 $2,672 $209,600 $65,000 $144,600
2015 $2,686 $209,600 $65,000 $144,600
2014 $2,418 $209,600 $65,000 $144,600
Source: Public Records

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