NOT LISTED FOR SALE

875 Melrose Terrace Newport News, VA 23608

Richneck Neighborhood

Estimated Value: $327,000 - $371,000

3 Beds
2 Baths
1,427 Sq Ft
$239/Sq Ft Est. Value

About This Home

This home is located at 875 Melrose Terrace, Newport News, VA 23608 and is currently estimated at $341,614, approximately $239 per square foot. 875 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
Aug 31, 2021
Sold by
Byrnes William M and Byrnes Susan R
Bought by
Crow Trent E and Wisdom Katherine N
Current Estimated Value
$341,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,084
Outstanding Balance
$249,212
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$92,402

Purchase Details

Closed on
Aug 3, 2001
Sold by
Schmitz Matthew J
Bought by
Byrnes William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,600
Interest Rate
7.14%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Crow Trent E $268,900 Old Republic Title
Byrnes William M $124,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crow Trent E $275,084
Previous Owner Byrnes William M $128,600
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 $3,669 $309,400 $80,600 $228,800
2024 $3,522 $298,500 $80,600 $217,900
2023 $3,547 $288,100 $80,600 $207,500
2022 $3,406 $271,600 $80,600 $191,000
2021 $2,711 $222,200 $65,000 $157,200
2020 $2,649 $205,100 $65,000 $140,100
2019 $2,579 $199,700 $65,000 $134,700
2018 $2,512 $194,500 $65,000 $129,500
2017 $2,512 $194,500 $65,000 $129,500
2016 $2,508 $194,500 $65,000 $129,500
2015 $2,502 $194,500 $65,000 $129,500
2014 $2,140 $194,500 $65,000 $129,500
Source: Public Records

Map

Virginia Newport News County Newport News 23608 Richneck

875 Melrose Terrace, Newport News, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes