NOT LISTED FOR SALE

785 Melrose Terrace Newport News, VA 23608

Richneck Neighborhood

Estimated Value: $379,000 - $397,000

3 Beds
3 Baths
2,329 Sq Ft
$167/Sq Ft Est. Value

About This Home

This home is located at 785 Melrose Terrace, Newport News, VA 23608 and is currently estimated at $389,553, approximately $167 per square foot. 785 Melrose Terrace is a home located in Newport News City with nearby schools including Richneck Elementary School, Ella Fitzgerald Middle School, and Woodside High School.

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
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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

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
2025 $4,375 $399,300 $80,600 $318,700
2024 $4,126 $349,700 $80,600 $269,100
2023 $4,122 $336,900 $80,600 $256,300
2022 $3,946 $316,600 $80,600 $236,000
2021 $3,294 $270,000 $65,000 $205,000
2020 $3,169 $247,700 $65,000 $182,700
2019 $3,079 $240,700 $65,000 $175,700
2018 $2,993 $233,900 $65,000 $168,900
2017 $2,993 $233,900 $65,000 $168,900
2016 $2,989 $233,900 $65,000 $168,900
2015 $2,983 $233,900 $65,000 $168,900
2014 $2,573 $233,900 $65,000 $168,900
Source: Public Records

Map

Virginia Newport News County Newport News 23608 Richneck

785 Melrose Terrace, Newport News, VA

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