NOT LISTED FOR SALE

885 Melrose Terrace Newport News, VA 23608

Richneck Neighborhood

Estimated Value: $387,000 - $393,033

3 Beds
3 Baths
2,279 Sq Ft
$172/Sq Ft Est. Value

About This Home

This home is located at 885 Melrose Terrace, Newport News, VA 23608 and is currently estimated at $391,008, approximately $171 per square foot. 885 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 $4,388 $373,300 $80,600 $292,700
2024 $4,241 $359,400 $80,600 $278,800
2023 $4,209 $346,100 $80,600 $265,500
2022 $4,026 $325,100 $80,600 $244,500
2021 $3,384 $277,400 $65,000 $212,400
2020 $3,227 $254,300 $65,000 $189,300
2019 $3,134 $247,000 $65,000 $182,000
2018 $3,046 $240,000 $65,000 $175,000
2017 $3,067 $240,000 $65,000 $175,000
2016 $3,063 $240,000 $65,000 $175,000
2015 $3,038 $240,000 $65,000 $175,000
2014 $2,640 $240,000 $65,000 $175,000
Source: Public Records

Map

Virginia Newport News County Newport News 23608 Richneck

885 Melrose Terrace, Newport News, VA

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