NOT LISTED FOR SALE

828 Melrose Terrace Newport News, VA 23608

Richneck Neighborhood

Estimated Value: $387,000 - $397,000

4 Beds
3 Baths
2,308 Sq Ft
$170/Sq Ft Est. Value

About This Home

This home is located at 828 Melrose Terrace, Newport News, VA 23608 and is currently estimated at $392,126, approximately $169 per square foot. 828 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 28, 2022
Sold by
Veriato Jacob R and Veriato Stephanie L
Bought by
Mahmoud Essam M
Current Estimated Value
$392,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Outstanding Balance
$279,306
Interest Rate
4.88%
Mortgage Type
FHA
Estimated Equity
$112,820

Purchase Details

Closed on
May 2, 2007
Sold by
Yelverton Roger L
Bought by
Veriato Jacob R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2000
Sold by
Blanks Clifton D
Bought by
Yelverton Roger L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,700
Interest Rate
7.89%
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
Mahmoud Essam M $300,000 First American Title
Veriato Jacob R $300,000 --
Yelverton Roger L $145,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmoud Essam M $294,566
Previous Owner Veriato Jacob R $240,000
Previous Owner Yelverton Roger L $148,700
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 $4,449 $378,800 $80,600 $298,200
2024 $4,302 $364,600 $80,600 $284,000
2023 $4,290 $351,100 $80,600 $270,500
2022 $4,103 $329,700 $80,600 $249,100
2021 $3,579 $281,300 $65,000 $216,300
2020 $3,292 $257,800 $65,000 $192,800
2019 $3,197 $250,400 $65,000 $185,400
2018 $3,107 $243,300 $65,000 $178,300
2017 $3,107 $243,300 $65,000 $178,300
2016 $3,103 $243,300 $65,000 $178,300
2015 $3,097 $243,300 $65,000 $178,300
2014 $2,676 $243,300 $65,000 $178,300
Source: Public Records

Map

Virginia Newport News County Newport News 23608 Richneck

828 Melrose Terrace, Newport News, VA

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