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855 Melrose Ter

Newport News, VA 23608

4 bd 3 ba 2,236 sqft Built 1991 Lot 6,970 sqft single_family
Most recent sale
$381,000
Oct 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 11, 2022 Sold $381,000 MLS #2203040
Sep 12, 2022 Price changed $382,500 MLS #10454432
Aug 29, 2022 Listed $369,900 MLS #10454432
Aug 26, 2022 Listed $369,900 MLS #2203040
May 24, 2022 Sold $255,000 Public Record
May 3, 2022 Relisted $265,000 MLS #10429279
Apr 2, 2022 Listed $265,000 MLS #10429279
Oct 1, 1999 Sold $141,900 Public Record
Sep 8, 1993 Sold $128,600 Public Record
Jul 26, 1991 Sold $124,050 Public Record
Mar 25, 1991 Sold $79,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $347,800 $80,600 $428,400 $5,202
2024 $315,400 $80,600 $396,000 $4,672
2023 $243,900 $80,600 $324,500 $4,041
2022 $211,800 $65,000 $276,800 $3,376
2020 $188,700 $65,000 $253,700 $3,242
2019 $181,400 $65,000 $246,400 $3,148
2018 $174,400 $65,000 $239,400 $3,060
2017 $174,400 $65,000 $239,400 $3,060
2016 $174,400 $65,000 $239,400 $3,056
2015 $174,400 $65,000 $239,400 $3,050
2014 $174,400 $65,000 $239,400 $2,921
2013 $174,400 $65,000 $239,400 $2,921
2012 $174,400 $65,000 $239,400 $2,633
2011 $194,500 $65,000 $259,500 $2,855
2010 $194,500 $65,000 $259,500 $2,855
2009 $214,600 $70,000 $284,600 $3,131
2008 $214,600 $70,000 $284,600 $3,131
2007 $210,100 $66,000 $276,100 $2,845

Property facts

Year built
1991
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,236 sqft
Lot size
6,970 sqft
ZIP code
23608
City
Newport News
Street
Melrose Ter
Coordinates
37.16019, -76.51935

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
$3,354
Gross rental yield
10.56%
Implied cap rate
6.87%
Trend-extrapolated value

Frequently asked questions

When did 855 Melrose Ter last sell?
855 Melrose Ter most recently sold on Oct 11, 2022 for $381,000.
What is the current tax assessment for 855 Melrose Ter?
The most recent total assessment for 855 Melrose Ter (year 2026) is $428,400 with $5,202 in property tax.
How does 855 Melrose Ter's assessment compare to its last sale price?
The current assessment is 12.4% above the last sale price of $381,000.
When was 855 Melrose Ter built?
855 Melrose Ter was built in 1991.
How does 855 Melrose Ter compare to others on Melrose Ter?
We track 8 other properties on Melrose Ter. Browse the list under "Other properties on Melrose Ter" to compare beds, baths, and sale history.
What are the property facts for 855 Melrose Ter?
855 Melrose Ter is a 4 bed, 3 bath, 2,236 sqft, 6,970 sqft lot single_family.
Is 855 Melrose Ter a flip candidate?
Yes — 855 Melrose Ter appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 855 Melrose Ter a tax-appeal candidate?
No — 855 Melrose Ter 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
+1.7%
Implied 1-yr
+6.9%
2026 Q3
$338.4K
2026 Q4
$343.6K
ZIP 23608 — Median Price History + Forecast

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