NOT LISTED FOR SALE

7901 Merrimac Ln Newport News, VA 23605

Chestnut Neighborhood

Estimated Value: $320,000 - $338,000

3 Beds
3 Baths
1,825 Sq Ft
$181/Sq Ft Est. Value

About This Home

This home is located at 7901 Merrimac Ln, Newport News, VA 23605 and is currently estimated at $329,812, approximately $180 per square foot. 7901 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
Jun 27, 2001
Sold by
Villages Of Newport Llc
Bought by
Nichols Melvin G
Current Estimated Value
$329,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,300
Outstanding Balance
$52,740
Interest Rate
7.14%
Estimated Equity
$254,771
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
Nichols Melvin G $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Melvin G $48,041
Open Nichols Melvin G $124,300
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

7901 Merrimac Ln, Newport News, VA

This home is located at 7901 Merrimac Ln, Newport News, VA 23605 and is currently estimated at $329,812, approximately $180 per square foot. 7901 Merrimac Ln is a home located in Newport News City with nearby schools including Carver Elementary School, Crittenden Middle School, and Heritage High School.

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