NOT LISTED FOR SALE

871 Melrose Terrace Newport News, VA 23608

Richneck Neighborhood

Estimated Value: $345,086 - $387,000

3 Beds
3 Baths
1,647 Sq Ft
$218/Sq Ft Est. Value

About This Home

This home is located at 871 Melrose Terrace, Newport News, VA 23608 and is currently estimated at $359,272, approximately $218 per square foot. 871 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
Dec 11, 2003
Sold by
Drozco Alfred
Bought by
Fabbri Bryan
Current Estimated Value
$359,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Outstanding Balance
$60,656
Interest Rate
5.96%
Mortgage Type
New Conventional
Estimated Equity
$298,616
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
Fabbri Bryan $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fabbri Bryan $131,200
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 $3,746 $318,200 $80,600 $237,600
2024 $3,621 $306,900 $80,600 $226,300
2023 $3,619 $296,100 $80,600 $215,500
2022 $3,495 $279,000 $80,600 $198,400
2021 $2,895 $237,300 $65,000 $172,300
2020 $2,791 $218,500 $65,000 $153,500
2019 $2,715 $212,600 $65,000 $147,600
2018 $2,663 $206,900 $65,000 $141,900
2017 $2,663 $206,900 $65,000 $141,900
2016 $2,659 $206,900 $65,000 $141,900
2015 $2,653 $206,900 $65,000 $141,900
2014 $2,276 $206,900 $65,000 $141,900
Source: Public Records

Map

Virginia Newport News County Newport News 23608 Richneck

871 Melrose Terrace, Newport News, VA

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