NOT LISTED FOR SALE

834 Melrose Terrace Newport News, VA 23608

Richneck Neighborhood

Estimated Value: $405,000 - $420,048

5 Beds
3 Baths
2,479 Sq Ft
$166/Sq Ft Est. Value

About This Home

This home is located at 834 Melrose Terrace, Newport News, VA 23608 and is currently estimated at $412,262, approximately $166 per square foot. 834 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
Feb 19, 2015
Sold by
Melendez Julio C
Bought by
Johnson William M
Current Estimated Value
$412,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$197,891
Interest Rate
3.67%
Mortgage Type
VA
Estimated Equity
$214,371

Purchase Details

Closed on
May 16, 2012
Sold by
Fannie Mae
Bought by
Melendez Julio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,735
Interest Rate
3.85%
Mortgage Type
VA

Purchase Details

Closed on
Mar 15, 2012
Sold by
Glasser And Glasser Plc
Bought by
Federal National Mortgage Association
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
Johnson William M $260,000 --
Melendez Julio C $224,900 --
Federal National Mortgage Association $266,173 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson William M $260,000
Previous Owner Melendez Julio C $229,735
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 $4,630 $394,900 $80,600 $314,300
2024 $4,483 $379,900 $80,600 $299,300
2023 $147 $365,600 $80,600 $285,000
2022 $147 $343,000 $80,600 $262,400
2021 $3,573 $292,900 $65,000 $227,900
2020 $3,418 $268,100 $65,000 $203,100
2019 $3,318 $260,300 $65,000 $195,300
2018 $3,202 $252,800 $65,000 $187,800
2017 $3,223 $252,800 $65,000 $187,800
2016 $3,219 $252,800 $65,000 $187,800
2015 $129 $252,800 $65,000 $187,800
2014 $2,594 $252,800 $65,000 $187,800
Source: Public Records

Map

Virginia Newport News County Newport News 23608 Richneck

834 Melrose Terrace, Newport News, VA

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