NOT LISTED FOR SALE

870 Melrose Terrace Newport News, VA 23608

Richneck Neighborhood

Estimated Value: $324,000 - $343,000

3 Beds
2 Baths
1,463 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 870 Melrose Terrace, Newport News, VA 23608 and is currently estimated at $333,462, approximately $227 per square foot. 870 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.

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
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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

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 $3,548 $300,600 $80,600 $220,000
2024 $3,423 $290,100 $80,600 $209,500
2023 $3,452 $280,100 $80,600 $199,500
2022 $3,319 $264,300 $80,600 $183,700
2021 $2,740 $224,600 $65,000 $159,600
2020 $2,676 $207,300 $65,000 $142,300
2019 $2,604 $201,800 $65,000 $136,800
2018 $2,537 $196,500 $65,000 $131,500
2017 $2,537 $196,500 $65,000 $131,500
2016 $2,532 $196,500 $65,000 $131,500
2015 $2,526 $196,500 $65,000 $131,500
2014 $2,162 $196,500 $65,000 $131,500
Source: Public Records

Map

Virginia Newport News County Newport News 23608 Richneck

870 Melrose Terrace, Newport News, VA

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