NOT LISTED FOR SALE

781 Terrace Dr Newport News, VA 23601

Ivy Farms Neighborhood

Estimated Value: $346,000 - $376,000

4 Beds
2.5 Baths
1,770 Sq Ft
$208/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $195,000 $110 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,344/month

19 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Ceramic Tile Flooring
  • Front Porch
  • Oversized Parking
  • Attic Fan

About This Home

As of December 2022

Welcome to beautiful Newport News! This cozy home is ready for you to make it your own! Featuring 4 bedrooms and 2.5 bathrooms, a little TLC can go a long way with this home. Conveniently located near I-64, Hampton Roads Center Parkway, and much more!

Last Agent to Sell the Property

Kathleen McKone

KW Allegiance License #0225219347 Listed on: 11/18/2022

KW Allegiance

Co-Listed By

Candice Holbrooks

KW Allegiance

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,224

Year Built

  • Built in 1989

Lot Details

  • 7,841 Sq Ft Lot
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,770 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Attic Fan
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Front Porch

Schools

  • Sedgefield Elementary School
  • Homer L. Hines Middle School
  • Warwick High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Courtney Trace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 233000407

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,224

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1989
  • Property Attached Yn: No
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: cbra.224
  • Co List Office Phone: (757) 469-0332
  • Ownership: Individuals
  • Subdivision Name: Courtney Trace
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Linoleum, Partially Carpeted
  • Appliances: Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Fireplace
  • Living Area: 1770.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: Chain Link, Fenced, Partial
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Vinyl Siding, Wood Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Oversized, Paved

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Attic Fan
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Homer L. Hines

Lot Info

  • Parcel Number: 233000407
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3224.0

MLS Schools

  • Elementary School: Sedgefield
  • High School: Warwick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Dream Big Investments Llc
Bought by
Galagher Tara
Current Estimated Value
$367,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$332,473
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$29,390

Purchase Details

Listed on
Nov 18, 2022
Closed on
Dec 6, 2022
Sold by
Beattie William D
Bought by
Dream Big Investments Llc
Seller's Agent
Kathleen McKone
KW Allegiance
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$190,000
Sold Price
$195,000
Premium/Discount to List
$5,000
2.63%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.84%
Source: Public Records

Range of Values:

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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
Galagher Tara $340,000 None Listed On Document
Dream Big Investments Llc $195,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galagher Tara $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2022 12/08/22 Sold $195,000 +2.6% $110 / Sq Ft
11/18/2022 11/18/22 For Sale $190,000 -- $107 / Sq Ft
Source: Chesapeake Bay & Rivers Association of REALTORS®

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 $4,076 $345,400 $71,500 $273,900
2023 $4,012 $327,500 $71,500 $256,000
2022 $3,010 $268,700 $71,500 $197,200
2021 $2,863 $234,700 $65,000 $169,700
2020 $2,837 $220,500 $65,000 $155,500
2019 $2,725 $211,700 $65,000 $146,700
2018 $2,637 $204,700 $65,000 $139,700
2017 $2,555 $198,000 $65,000 $133,000
2016 $2,551 $198,000 $65,000 $133,000
2015 $2,545 $198,000 $65,000 $133,000
2014 $2,178 $198,000 $65,000 $133,000
Source: Public Records

Agents Affiliated with this Home

  • Kathleen McKone

    Seller's Agent in 2022

    Kathleen McKone

    KW Allegiance

    (757) 951-7976

    2 in this area

    242 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Candice Holbrooks

    KW Allegiance

    Section Image

  • N

    Buyer's Agent in 2022

    NON MLS USER MLS

    NON MLS OFFICE

See All Agents

Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2231014

Chesapeake Bay & Rivers Association of REALTORS®

APN: 233.00-04-07

Virginia Newport News County Newport News 23601 Ivy Farms

781 Terrace Dr, Newport News, VA

This home is located at 781 Terrace Dr, Newport News, VA 23601 since 18 November 2022 and is currently estimated at $367,684, approximately $207 per square foot. This property was built in 1989. 781 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.

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.

Chesapeake Bay & Rivers Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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