NOT LISTED FOR SALE

878 Melrose Terrace Newport News, VA 23608

Richneck Neighborhood

Estimated Value: $390,000 - $405,000

3 Beds
3 Baths
2,228 Sq Ft
$178/Sq Ft Est. Value

About This Home

This home is located at 878 Melrose Terrace, Newport News, VA 23608 and is currently estimated at $397,589, approximately $178 per square foot. 878 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 $4,474 $381,000 $80,600 $300,400
2024 $4,327 $366,700 $80,600 $286,100
2023 $4,314 $353,100 $80,600 $272,500
2022 $4,125 $331,500 $80,600 $250,900
2021 $3,451 $282,900 $65,000 $217,900
2020 $3,309 $259,200 $65,000 $194,200
2019 $3,213 $251,700 $65,000 $186,700
2018 $3,122 $244,500 $65,000 $179,500
2017 $3,122 $244,500 $65,000 $179,500
2016 $3,118 $244,500 $65,000 $179,500
2015 $3,112 $244,500 $65,000 $179,500
2014 $2,690 $244,500 $65,000 $179,500
Source: Public Records

Map

Virginia Newport News County Newport News 23608 Richneck

878 Melrose Terrace, Newport News, VA

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