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587 Leonard Ln

Newport News, VA 23601

3 bd 3 ba 2,132 sqft Built 2014 Lot 6,534 sqft single_family
Most recent sale
$387,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 3, 2025 Sold $435,000 Public Record
Feb 3, 2025 Listed $435,000 HamptonRoads
Jun 3, 2022 Sold $387,000 MLS #2201204
Apr 17, 2022 Listed $370,000 MLS #10432020
Apr 15, 2022 Listed $370,000 MLS #2201204
Jun 24, 2014 Sold $307,925 Public Record
Jan 15, 2014 Listing removed $303,740 HamptonRoads
Jan 14, 2014 Listed $303,740 MLS #1401648
Oct 5, 2013 Listing removed $304,075 HamptonRoads
Aug 10, 2013 Price changed $304,075 MLS #1332890
Aug 5, 2013 Listed $309,075 MLS #1332890

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $332,000 $103,900 $435,900 $5,290
2024 $290,200 $99,900 $390,100 $4,603
2023 $264,700 $99,900 $364,600 $4,522
2022 $224,500 $82,500 $307,000 $3,745
2020 $224,500 $82,500 $307,000 $3,892
2019 $224,500 $82,500 $307,000 $3,887
2018 $224,500 $82,500 $307,000 $3,884
2017 $224,500 $82,500 $307,000 $3,884
2016 $224,500 $82,500 $307,000 $3,880
2015 $224,500 $82,500 $307,000 $3,874
2014 $224,500 $82,500 $307,000 $3,745
2013 $82,500 $82,500 $1,006

Property facts

Year built
2014
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,132 sqft
Lot size
6,534 sqft
ZIP code
23601
City
Newport News
Street
Leonard Ln
Coordinates
37.07042, -76.44783

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,198
Gross rental yield
9.92%
Implied cap rate
6.45%
Trend-extrapolated value

Frequently asked questions

When did 587 Leonard Ln last sell?
587 Leonard Ln most recently sold on Jun 3, 2022 for $387,000.
What is the current tax assessment for 587 Leonard Ln?
The most recent total assessment for 587 Leonard Ln (year 2026) is $435,900 with $5,290 in property tax.
How does 587 Leonard Ln's assessment compare to its last sale price?
The current assessment is 12.6% above the last sale price of $387,000.
When was 587 Leonard Ln built?
587 Leonard Ln was built in 2014.
How does 587 Leonard Ln compare to others on Leonard Ln?
We track 8 other properties on Leonard Ln. Browse the list under "Other properties on Leonard Ln" to compare beds, baths, and sale history.
What are the property facts for 587 Leonard Ln?
587 Leonard Ln is a 3 bed, 3 bath, 2,132 sqft, 6,534 sqft lot single_family.
Is 587 Leonard Ln a flip candidate?
No — 587 Leonard Ln does not appear in our flips dataset.
Is 587 Leonard Ln a tax-appeal candidate?
No — 587 Leonard Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.4%
Implied 1-yr
+13.8%
2026 Q3
$395.2K
2026 Q4
$406.3K
ZIP 23601 — Median Price History + Forecast

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