NOT LISTED FOR SALE

Estimated Value: $305,000 - $329,000

4 Beds
4 Baths
1,917 Sq Ft
$166/Sq Ft Est. Value

About This Home

This home is located at 7 Summit Ln, Newport News, VA 23601 and is currently estimated at $318,026, approximately $165 per square foot. 7 Summit Ln 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
Sep 15, 2022
Sold by
Flores Benedic D
Bought by
Smith Dominique and Nesbitt Camille
Current Estimated Value
$318,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$287,350
Interest Rate
5.22%
Mortgage Type
VA
Estimated Equity
$34,872

Purchase Details

Closed on
Mar 15, 2019
Sold by
Preston Vada E
Bought by
Flores Benedic D and Flores Chelsie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,837
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Sep 19, 2011
Sold by
Hhhunt Meridian Parkside Llc
Bought by
Preston Vada E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,930
Interest Rate
3.87%
Mortgage Type
FHA
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
Smith Dominique $300,000 Old Republic National Title
Flores Benedic D $225,000 Equity Title Company
Preston Vada E $192,370 --
Malvagna Lauren A $204,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Dominique $300,000
Previous Owner Flores Benedic D $229,837
Previous Owner Preston Vada E $189,400
Previous Owner Malvagna Lauren A $194,930
Previous Owner Malvagna Lauren A $198,700
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 $3,638 $308,300 $50,600 $257,700
2023 $147 $308,300 $50,600 $257,700
2022 $3,058 $262,500 $44,000 $218,500
2021 $3,058 $238,600 $40,000 $198,600
2020 $2,752 $213,500 $40,000 $173,500
2019 $2,594 $201,000 $40,000 $161,000
2018 $2,591 $201,000 $40,000 $161,000
2017 $2,591 $201,000 $40,000 $161,000
2016 $2,493 $193,300 $40,000 $153,300
2015 $1,244 $193,300 $40,000 $153,300
2014 $2,126 $193,300 $40,000 $153,300
Source: Public Records

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