NOT LISTED FOR SALE

816 Melrose Terrace Newport News, VA 23608

Richneck Neighborhood

Estimated Value: $395,000 - $404,000

4 Beds
3 Baths
2,383 Sq Ft
$168/Sq Ft Est. Value

About This Home

This home is located at 816 Melrose Terrace, Newport News, VA 23608 and is currently estimated at $399,509, approximately $167 per square foot. 816 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
Sep 4, 2003
Sold by
Wheat Andrew
Bought by
Pfeifer William
Current Estimated Value
$399,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Outstanding Balance
$67,368
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$332,141

Purchase Details

Closed on
Apr 23, 2002
Sold by
Wescott Arthur T
Bought by
Wheat Andrew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,890
Interest Rate
7.13%
Mortgage Type
VA

Purchase Details

Closed on
May 31, 2000
Sold by
Walmon Oliver
Bought by
Wescott Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.14%
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
Pfeifer William $179,900 --
Wheat Andrew C $163,000 --
Wescott Arthur $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfeifer William $149,900
Previous Owner Wheat Andrew C $167,890
Previous Owner Wescott Arthur $110,000
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 $4,487 $382,200 $80,600 $301,600
2024 $4,340 $367,800 $80,600 $287,200
2023 $4,325 $354,100 $80,600 $273,500
2022 $4,137 $332,500 $80,600 $251,900
2021 $3,462 $283,800 $65,000 $218,800
2020 $3,319 $260,000 $65,000 $195,000
2019 $3,223 $252,500 $65,000 $187,500
2018 $3,132 $245,300 $65,000 $180,300
2017 $3,132 $245,300 $65,000 $180,300
2016 $3,128 $245,300 $65,000 $180,300
2015 $3,122 $245,300 $65,000 $180,300
2014 $2,698 $245,300 $65,000 $180,300
Source: Public Records

Map

Virginia Newport News County Newport News 23608 Richneck

816 Melrose Terrace, Newport News, VA

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