2218 Somerset Place Newport News, VA 23602
Kiln Creek NeighborhoodEstimated Value: $401,000 - $435,000
4
Beds
3
Baths
2,263
Sq Ft
$185/Sq Ft
Est. Value
About This Home
This home is located at 2218 Somerset Place, Newport News, VA 23602 and is currently estimated at $418,906, approximately $185 per square foot. 2218 Somerset Place is a home located in Newport News City with nearby schools including Kiln Creek Elementary School, Homer L. Hines Middle School, and Menchville High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 30, 2002
Sold by
Rosenbaum Ronald J
Bought by
Simmons Michael L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,297
Outstanding Balance
$84,660
Interest Rate
7.13%
Mortgage Type
VA
Estimated Equity
$323,914
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Simmons Michael L | $179,900 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Mumford Thomas L | $81,000 | |
Closed | Mumford Thomas L | $25,000 | |
Closed | Mumford Alma L | $15,000 | |
Open | Simmons Michael L | $185,297 |
Source: Public Records
Tax History Compared to Growth
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 | $4,583 | $388,400 | $92,700 | $295,700 |
2023 | $147 | $366,500 | $92,700 | $273,800 |
2022 | $2,127 | $333,600 | $92,700 | $240,900 |
2021 | $3,780 | $309,800 | $76,000 | $233,800 |
2020 | $3,663 | $288,200 | $76,000 | $212,200 |
2019 | $3,583 | $282,000 | $76,000 | $206,000 |
2018 | $3,437 | $270,300 | $76,000 | $194,300 |
2017 | $3,282 | $257,600 | $76,000 | $181,600 |
2016 | $3,278 | $257,600 | $76,000 | $181,600 |
2015 | $3,272 | $257,600 | $76,000 | $181,600 |
2014 | $2,954 | $257,600 | $76,000 | $181,600 |
Source: Public Records
Map
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