NOT LISTED FOR SALE

717 Terrace Dr Newport News, VA 23601

Ivy Farms Neighborhood

Estimated Value: $302,000 - $310,000

3 Beds
2 Baths
1,209 Sq Ft
$252/Sq Ft Est. Value

About This Home

This home is located at 717 Terrace Dr, Newport News, VA 23601 and is currently estimated at $304,716, approximately $252 per square foot. 717 Terrace Dr is a home located in Newport News City with nearby schools including Sedgefield Elementary School, Homer L. Hines Middle School, and Warwick High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2020
Sold by
Alves Russell A
Bought by
Mercadal Edgar L and Mercadal Rachel Anne
Current Estimated Value
$304,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Outstanding Balance
$184,504
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$111,207

Purchase Details

Closed on
Sep 2, 2003
Sold by
Starling David
Bought by
Alves Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,617
Interest Rate
5.69%
Mortgage Type
FHA
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

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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
Mercadal Edgar L $205,000 Hunt Title And Escrow Agency
Alves Russell $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercadal Edgar L $205,000
Previous Owner Alves Russell A $140,250
Previous Owner Alves Russell $111,617
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 $3,332 $282,400 $71,500 $210,900
2023 $3,316 $268,600 $71,500 $197,100
2022 $3,068 $243,400 $71,500 $171,900
2021 $2,599 $213,000 $65,000 $148,000
2020 $2,594 $200,600 $65,000 $135,600
2019 $2,312 $179,600 $65,000 $114,600
2018 $2,263 $174,100 $65,000 $109,100
2017 $2,200 $168,900 $65,000 $103,900
2016 $2,196 $168,900 $65,000 $103,900
2015 $2,190 $168,900 $65,000 $103,900
2014 $1,858 $168,900 $65,000 $103,900
Source: Public Records

Map

Virginia Newport News County Newport News 23601 Ivy Farms

717 Terrace Dr, Newport News, VA

This home is located at 717 Terrace Dr, Newport News, VA 23601 and is currently estimated at $304,716, approximately $252 per square foot. 717 Terrace Dr is a home located in Newport News City with nearby schools including Sedgefield Elementary School, Homer L. Hines Middle School, and Warwick High School.

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