485 Old Colonial Way Newport News, VA 23608
Reservoir NeighborhoodEstimated Value: $274,000 - $303,000
3
Beds
3
Baths
1,530
Sq Ft
$186/Sq Ft
Est. Value
About This Home
This home is located at 485 Old Colonial Way, Newport News, VA 23608 and is currently estimated at $284,819, approximately $186 per square foot. 485 Old Colonial Way is a home located in Newport News City with nearby schools including Oliver C. Greenwood Elementary School, Ella Fitzgerald Middle School, and Denbigh High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 22, 2023
Sold by
Watkins Shanice Y
Bought by
Green Michelle
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
$265,109
Outstanding Balance
$260,990
Interest Rate
7.29%
Mortgage Type
FHA
Estimated Equity
$24,508
Purchase Details
Closed on
Aug 17, 2017
Sold by
Colonial Crossing Development Phase 2 In
Bought by
Watkins Shanice Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,757
Interest Rate
4.12%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 9, 2017
Sold by
Colonial Crossing Llc A Virginia Limited
Bought by
Colonial Crossing Development Phase 2 In
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,757
Interest Rate
4.12%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Green Michelle | $270,000 | Old Republic National Title | |
Watkins Shanice Y | $179,000 | Attorney | |
Colonial Crossing Development Phase 2 In | -- | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Green Michelle | $265,109 | |
Previous Owner | Watkins Shanice Y | $175,757 | |
Previous Owner | Colonial Crossing Development Phase 2 In | $6,265 |
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 | $3,113 | $263,800 | $55,000 | $208,800 |
2023 | $2,996 | $241,400 | $55,000 | $186,400 |
2022 | $2,847 | $225,000 | $55,000 | $170,000 |
2021 | $2,389 | $195,800 | $44,000 | $151,800 |
2020 | $2,415 | $185,900 | $44,000 | $141,900 |
2019 | $2,376 | $183,100 | $44,000 | $139,100 |
2018 | $2,373 | $183,100 | $44,000 | $139,100 |
2017 | $2,373 | $183,100 | $44,000 | $139,100 |
Source: Public Records
Map
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