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859 Melrose Ter

Newport News, VA 23608

4 bd 4 ba 2,160 sqft Built 1991 Lot 6,900 sqft single_family
Most recent sale
$350,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 10, 2024 Sold $389,000 Public Record
Oct 17, 2024 Listed $389,000 HamptonRoads
Aug 29, 2022 Sold $350,000 Public Record
Jul 3, 2022 Listed $350,000 MLS #10444339
Jun 2, 2005 Sold $250,000 Public Record
Mar 16, 1995 Sold $130,000 Public Record
Aug 5, 1991 Sold $120,000 Public Record
Apr 19, 1991 Sold $27,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $302,700 $80,600 $383,300 $4,669
2024 $274,600 $80,600 $355,200 $4,191
2023 $236,600 $80,600 $317,200 $3,953
2022 $205,500 $65,000 $270,500 $3,300
2020 $183,200 $65,000 $248,200 $3,175
2019 $176,200 $65,000 $241,200 $3,085
2018 $169,400 $65,000 $234,400 $2,978
2017 $169,400 $65,000 $234,400 $2,999
2016 $169,400 $65,000 $234,400 $2,995
2015 $169,400 $65,000 $234,400 $2,989
2014 $169,400 $65,000 $234,400 $2,860
2013 $169,400 $65,000 $234,400 $2,860
2012 $169,400 $65,000 $234,400 $2,578
2011 $191,000 $65,000 $256,000 $2,816
2010 $191,000 $65,000 $256,000 $2,816
2009 $208,300 $70,000 $278,300 $3,061
2008 $208,300 $70,000 $278,300 $3,061
2007 $206,100 $66,000 $272,100 $2,782

Property facts

Year built
1991
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,160 sqft
Lot size
6,900 sqft
ZIP code
23608
City
Newport News
Street
Melrose Ter
Coordinates
37.16016, -76.51894

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
$3,240
Gross rental yield
11.11%
Implied cap rate
7.22%
Trend-extrapolated value

Frequently asked questions

When did 859 Melrose Ter last sell?
859 Melrose Ter most recently sold on Aug 29, 2022 for $350,000.
What is the current tax assessment for 859 Melrose Ter?
The most recent total assessment for 859 Melrose Ter (year 2026) is $383,300 with $4,669 in property tax.
How does 859 Melrose Ter's assessment compare to its last sale price?
The current assessment is 9.5% above the last sale price of $350,000.
When was 859 Melrose Ter built?
859 Melrose Ter was built in 1991.
How does 859 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 859 Melrose Ter?
859 Melrose Ter is a 4 bed, 4 bath, 2,160 sqft, 6,900 sqft lot single_family.
Is 859 Melrose Ter a flip candidate?
No — 859 Melrose Ter does not appear in our flips dataset.
Is 859 Melrose Ter a tax-appeal candidate?
No — 859 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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