NOT LISTED FOR SALE

5868 Jefferson Ave Newport News, VA 23605

Parkview Neighborhood
-- Bed
-- Bath
45,623 Sq Ft
2.88 Acres

About This Home

This home is located at 5868 Jefferson Ave, Newport News, VA 23605. 5868 Jefferson Ave is a home located in Newport News City with nearby schools including Carver Elementary School, Crittenden Middle School, and Heritage High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2021
Sold by
Prime Newport News Llc
Bought by
Bfg Va Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,837,248
Outstanding Balance
$4,475,444
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2016
Sold by
Sentry Associates Tidewater Llc A Virgin
Bought by
Prime Newport News Llc A Delaware Limite

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,310,000
Interest Rate
3.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Bfg Va Llc $3,918,873 Attorney
Prime Newport News Llc A Delaware Limite $3,625,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bfg Va Llc $4,837,248
Previous Owner Prime Newport News Llc A Delaware Limite $9,310,000
Previous Owner Sentry Associates Tidewater $5,047,000
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 $61,910 $5,246,600 $439,100 $4,807,500
2023 $62,141 $4,485,100 $439,100 $4,046,000
2022 $56,018 $3,900,100 $439,100 $3,461,000
2021 $48,703 $3,236,600 $439,100 $2,797,500
2020 $53,091 $3,596,200 $439,100 $3,157,100
2019 $52,790 $3,596,200 $439,100 $3,157,100
2018 $52,601 $3,596,200 $439,100 $3,157,100
2017 $52,601 $3,596,200 $439,100 $3,157,100
2016 $51,113 $3,495,800 $439,100 $3,056,700
2015 $42,389 $2,811,500 $439,100 $2,372,400
2014 $38,297 $2,537,800 $439,100 $2,098,700
Source: Public Records

Map

Virginia Newport News County Newport News 23605 Parkview

5868 Jefferson Ave, Newport News, VA

This home is located at 5868 Jefferson Ave, Newport News, VA 23605. 5868 Jefferson Ave is a home located in Newport News City with nearby schools including Carver Elementary School, Crittenden Middle School, and Heritage High School.

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