NOT LISTED FOR SALE

7803 Merrimac Ln Newport News, VA 23605

Chestnut Neighborhood

Estimated Value: $327,000 - $341,000

3 Beds
3 Baths
1,865 Sq Ft
$178/Sq Ft Est. Value

About This Home

This home is located at 7803 Merrimac Ln, Newport News, VA 23605 and is currently estimated at $332,495, approximately $178 per square foot. 7803 Merrimac Ln 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
Feb 16, 2022
Sold by
Boullion Ashley Q and Benton Jermaine A
Bought by
Gaddy Michael Eugene
Current Estimated Value
$332,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,325
Outstanding Balance
$264,571
Interest Rate
3.69%
Mortgage Type
VA
Estimated Equity
$68,392

Purchase Details

Closed on
Aug 24, 2007
Sold by
Harris Michael J
Bought by
Benton Jermaine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,050
Interest Rate
6.78%
Mortgage Type
VA

Purchase Details

Closed on
Dec 19, 2003
Sold by
Dildy James
Bought by
Harris Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,290
Interest Rate
6.01%
Mortgage Type
VA

Purchase Details

Closed on
Aug 22, 2001
Sold by
Villages Of Newport Llc
Bought by
Dildy James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,244
Interest Rate
7.06%
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

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
Gaddy Michael Eugene $275,000 Fidelity National Title
Gaddy Michael Eugene $275,000 Fidelity National Title
Benton Jermaine A $235,000 --
Harris Michael $139,500 --
Dildy James T $114,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaddy Michael Eugene $281,325
Closed Gaddy Michael Eugene $281,325
Previous Owner Benton Jermaine A $213,060
Previous Owner Benton Jermaine A $240,050
Previous Owner Harris Serrita K $24,000
Previous Owner Harris Michael $142,290
Previous Owner Dildy James T $111,244
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 $3,396 $287,800 $62,600 $225,200
2023 $3,417 $277,100 $62,600 $214,500
2022 $3,244 $258,100 $56,900 $201,200
2021 $2,596 $212,800 $49,500 $163,300
2020 $2,557 $197,500 $45,000 $152,500
2019 $2,552 $197,500 $45,000 $152,500
2018 $2,460 $190,200 $45,000 $145,200
2017 $2,375 $183,300 $45,000 $138,300
2016 $2,371 $183,300 $45,000 $138,300
2015 $2,365 $183,300 $45,000 $138,300
2014 $2,131 $183,300 $45,000 $138,300
Source: Public Records

Map

Virginia Newport News County Newport News 23605 Chestnut

7803 Merrimac Ln, Newport News, VA

This home is located at 7803 Merrimac Ln, Newport News, VA 23605 and is currently estimated at $332,495, approximately $178 per square foot. 7803 Merrimac Ln is a home located in Newport News City with nearby schools including Carver Elementary School, Crittenden Middle School, and Heritage High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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