702 Lipton Dr Newport News, VA 23608
Nelson NeighborhoodEstimated payment $6,227/month
Total Views
7,665
5
Beds
3.5
Baths
4,664
Sq Ft
$214
Price per Sq Ft
Highlights
- Docks
- Deep Water Access
- River View
- Home fronts navigable water
- Finished Room Over Garage
- 0.85 Acre Lot
About This Home
Experience serene waterfront living at its finest. Nestled on nearly an acre of lush landscape, this beautifully maintained Colonial offers 5 spacious bedrooms and 3 full baths—including two potential primary suites on the second floor, both showcasing breathtaking water views. Thoughtfully updated and cared for, the home features a new roof and gutters (2021), HVAC system (2024), granite countertops in the kitchen and baths (2023/24), and flood vents (2025) for peace of mind. Wake up to tranquil mornings and unwind on the expansive deck while taking in panoramic views of the water and local wildlife. With direct backyard access to the water, you can launch your kayak, canoe, or boat and enjoy fishing just steps from your home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,907
Year Built
- Built in 1990
Lot Details
- 0.85 Acre Lot
- Home fronts navigable water
- River Front
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Asphalt Shingled Roof
Interior Spaces
- 4,664 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Ceiling Fan
- Gas Fireplace
- Entrance Foyer
- Home Office
- Utility Room
- River Views
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Hydromassage or Jetted Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Attic
- Attic Fan
- Pull Down Stairs to Attic
Parking
- 3 Car Attached Garage
- Finished Room Over Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Outdoor Features
- Deep Water Access
- Docks
- Deck
Schools
- Knollwood Meadows Elementary School
- Mary Passage Middle School
- Denbigh High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Warwick River Est. Subdivision
Map
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Home Values in the Area
Average Home Value in this Area
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 | $9,907 | $839,600 | $330,000 | $509,600 |
| 2023 | $9,880 | $824,800 | $330,000 | $494,800 |
| 2022 | $9,425 | $773,200 | $330,000 | $443,200 |
| 2021 | $8,711 | $714,000 | $300,000 | $414,000 |
| 2020 | $9,003 | $725,900 | $300,000 | $425,900 |
| 2019 | $8,399 | $676,800 | $275,000 | $401,800 |
| 2018 | $8,207 | $661,300 | $275,000 | $386,300 |
| 2017 | $8,207 | $661,300 | $275,000 | $386,300 |
| 2016 | $8,203 | $661,300 | $275,000 | $386,300 |
| 2015 | $129 | $661,300 | $275,000 | $386,300 |
| 2014 | $7,824 | $661,300 | $275,000 | $386,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Price Changed | $998,900 | -0.1% | $214 / Sq Ft |
| 07/12/2025 07/12/25 | For Sale | $999,900 | +37.9% | $214 / Sq Ft |
| 05/05/2021 05/05/21 | Sold | $725,000 | 0.0% | $155 / Sq Ft |
| 04/01/2021 04/01/21 | Pending | -- | -- | -- |
| 03/21/2020 03/21/20 | Price Changed | $725,000 | -15.2% | $155 / Sq Ft |
| 10/22/2019 10/22/19 | Price Changed | $855,000 | -4.5% | $183 / Sq Ft |
| 08/24/2019 08/24/19 | For Sale | $895,000 | -- | $192 / Sq Ft |
Source: Real Estate Information Network (REIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $725,000 | Sage Title Group Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $481,650 | VA | |
| Previous Owner | $938,250 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $160,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Newport News, VA
Source: Real Estate Information Network (REIN)
MLS Number: 10592411
APN: 115.00-01-37
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