NOT LISTED FOR SALE

425 Lester Rd Unit 5 Newport News, VA 23601

Morrison Neighborhood

Estimated Value: $125,856 - $136,000

2 Beds
1 Bath
780 Sq Ft
$168/Sq Ft Est. Value

About This Home

This home is located at 425 Lester Rd Unit 5, Newport News, VA 23601 and is currently estimated at $131,214, approximately $168 per square foot. 425 Lester Rd Unit 5 is a home located in Newport News City with nearby schools including Riverside Elementary School, Homer L. Hines Middle School, and Warwick High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2025
Sold by
Palmgren Luther
Bought by
Lockhart Shanae
Current Estimated Value
$133,393

Purchase Details

Closed on
Nov 10, 2021
Sold by
Lockhart Shanae and Palmgren Shanae A
Bought by
Palmgren Luther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
2.99%
Mortgage Type
VA

Purchase Details

Closed on
Oct 20, 2010
Sold by
Household Realty Corp
Bought by
Palmgren Shanae A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,077
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2010
Sold by
Professional Foreclosure Corp
Bought by
Household Realty Corp

Purchase Details

Closed on
Jul 27, 2006
Sold by
Ruffin Larry D
Bought by
Ruffin Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,759
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1999
Sold by
West Togo D
Bought by
Ruffin Larry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
7.61%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lockhart Shanae -- None Listed On Document
Palmgren Luther $105,000 Attorney
Palmgren Shanae A $68,900 --
Household Realty Corp $81,000 --
Ruffin Regina $89,900 --
Ruffin Larry D $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmgren Luther $105,000
Previous Owner Palmgren Shanae A $82,077
Previous Owner Ruffin Regina $114,048
Previous Owner Ruffin Regina $66,759
Previous Owner Ruffin Regina $22,250
Previous Owner Ruffin Larry Donell $69,500
Previous Owner Ruffin Larry D $47,500
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 $1,333 $113,000 $25,000 $88,000
2023 $1,209 $108,800 $25,000 $83,800
2022 $1,209 $95,600 $25,000 $70,600
2021 $1,089 $84,200 $20,000 $64,200
2020 $987 $75,800 $18,000 $57,800
2019 $984 $75,800 $18,000 $57,800
2018 $983 $75,800 $18,000 $57,800
2017 $983 $75,800 $18,000 $57,800
2016 $981 $75,800 $18,000 $57,800
2015 $825 $63,200 $15,000 $48,200
2014 $862 $63,200 $15,000 $48,200
Source: Public Records

Map

Virginia Newport News County Newport News 23601 Morrison

425 Lester Rd Unit 5, Newport News, VA

This home is located at 425 Lester Rd Unit 5, Newport News, VA 23601 and is currently estimated at $131,214, approximately $168 per square foot. 425 Lester Rd Unit 5 is a home located in Newport News City with nearby schools including Riverside Elementary School, Homer L. Hines Middle School, and Warwick High School.

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.

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