NOT LISTED FOR SALE

815 Melrose Terrace Newport News, VA 23608

Richneck Neighborhood

Estimated Value: $362,000 - $392,000

4 Beds
3 Baths
1,845 Sq Ft
$202/Sq Ft Est. Value

About This Home

This home is located at 815 Melrose Terrace, Newport News, VA 23608 and is currently estimated at $371,951, approximately $201 per square foot. 815 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2021
Sold by
Jiv Willow Tree Investments Llc
Bought by
Burns Cherie F and Blow Curtis L
Current Estimated Value
$371,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,310
Outstanding Balance
$253,579
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$118,372
Source: Public Records

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
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
Burns Cherie F $286,500 True North Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Cherie F $281,310
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 $4,000 $338,800 $80,600 $258,200
2024 $3,853 $326,500 $80,600 $245,900
2023 $3,862 $314,800 $80,600 $234,200
2022 $3,701 $296,200 $80,600 $215,600
2021 $3,078 $252,300 $65,000 $187,300
2020 $2,976 $231,900 $65,000 $166,900
2019 $2,893 $225,500 $65,000 $160,500
2018 $2,815 $219,300 $65,000 $154,300
2017 $2,815 $219,300 $65,000 $154,300
2016 $2,810 $219,300 $65,000 $154,300
2015 $2,804 $219,300 $65,000 $154,300
2014 $2,412 $219,300 $65,000 $154,300
Source: Public Records

Map

Virginia Newport News County Newport News 23608 Richneck

815 Melrose Terrace, Newport News, VA

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