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425 Lester Rd

Newport News, VA 23601

1 bd 1 ba 608 sqft Built 1989 Lot 3,049 sqft condo
Most recent sale
$86,550
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $86,550 Public Record
Apr 23, 2022 Listed $80,000 MLS #10432555
Jan 12, 2020 Listed for rent $650 HamptonRoads
Jan 19, 2015 Listing removed $600 HamptonRoads
Nov 25, 2014 Listed for rent $600 HamptonRoads
Dec 4, 1992 Sold $675,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $72,800 $30,600 $103,400 $1,281
2024 $59,800 $26,600 $86,400 $1,019
2023 $50,300 $26,600 $76,900 $984
2022 $35,700 $21,300 $57,000 $695
2020 $32,200 $19,200 $51,400 $688
2019 $32,200 $19,200 $51,400 $686
2018 $32,200 $19,200 $51,400 $685
2017 $32,200 $19,200 $51,400 $685
2016 $32,200 $19,200 $51,400 $683
2015 $32,200 $16,000 $48,200 $642
2014 $32,200 $16,000 $48,200 $588
2013 $35,300 $16,000 $51,300 $625
2012 $41,300 $21,000 $62,300 $685
2011 $53,500 $26,000 $79,500 $874
2010 $54,700 $26,000 $80,700 $887
2009 $52,900 $26,000 $78,900 $887
2008 $52,900 $26,000 $78,900 $867
2007 $46,200 $26,000 $72,200 $750

Property facts

Year built
1989
Property type
condo
Stories
1
Beds
1
Baths
1
Living area
608 sqft
Lot size
3,049 sqft
ZIP code
23601
City
Newport News
Street
Lester Rd
Coordinates
37.06253, -76.46574

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
$912
Gross rental yield
12.64%
Implied cap rate
8.22%
Trend-extrapolated value

Frequently asked questions

When did 425 Lester Rd last sell?
425 Lester Rd most recently sold on May 16, 2022 for $86,550.
What is the current tax assessment for 425 Lester Rd?
The most recent total assessment for 425 Lester Rd (year 2026) is $103,400 with $1,281 in property tax.
How does 425 Lester Rd's assessment compare to its last sale price?
The current assessment is 19.5% above the last sale price of $86,550.
When was 425 Lester Rd built?
425 Lester Rd was built in 1989.
How does 425 Lester Rd compare to others on Lester Rd?
We track 8 other properties on Lester Rd. Browse the list under "Other properties on Lester Rd" to compare beds, baths, and sale history.
What are the property facts for 425 Lester Rd?
425 Lester Rd is a 1 bed, 1 bath, 608 sqft, 3,049 sqft lot condo.
Is 425 Lester Rd a flip candidate?
No — 425 Lester Rd does not appear in our flips dataset.
Is 425 Lester Rd a tax-appeal candidate?
Yes — 425 Lester Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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