861 Melrose Ter
Newport News, VA 23608
3 bd 2 ba 1,463 sqft Built 1991 Lot 6,882 sqft single_family
Most recent sale
$305,000
Jun 24, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 13, 2022 | Listed | $359,900 | MLS #VANN2000024 |
| Jun 24, 2021 | Sold | $305,000 | Public Record |
| May 20, 2021 | Listed | $285,000 | MLS #10377051 |
| Jun 5, 2006 | Sold | $230,000 | Public Record |
| Jun 12, 1991 | Sold | $100,820 | Public Record |
| Mar 15, 1991 | Sold | $137,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $276,200 | $80,600 | $356,800 | $4,357 |
| 2024 | $254,300 | $80,600 | $334,900 | $3,951 |
| 2023 | $234,100 | $80,600 | $314,700 | $3,923 |
| 2022 | $203,300 | $65,000 | $268,300 | $3,273 |
| 2020 | $151,200 | $65,000 | $216,200 | $2,785 |
| 2019 | $145,400 | $65,000 | $210,400 | $2,709 |
| 2018 | $139,800 | $65,000 | $204,800 | $2,638 |
| 2017 | $139,800 | $65,000 | $204,800 | $2,638 |
| 2016 | $139,800 | $65,000 | $204,800 | $2,634 |
| 2015 | $139,800 | $65,000 | $204,800 | $2,628 |
| 2014 | $139,800 | $65,000 | $204,800 | $2,499 |
| 2013 | $139,800 | $65,000 | $204,800 | $2,499 |
| 2012 | $139,800 | $65,000 | $204,800 | $2,253 |
| 2011 | $154,400 | $65,000 | $219,400 | $2,413 |
| 2010 | $156,500 | $65,000 | $221,500 | $2,437 |
| 2009 | $160,900 | $70,000 | $230,900 | $2,540 |
| 2008 | $160,900 | $70,000 | $230,900 | $2,540 |
| 2007 | $159,500 | $66,000 | $225,500 | $2,164 |
Property facts
Year built
1991
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,463 sqft
Lot size
6,882 sqft
ZIP code
23608
City
Newport News
Street
Melrose Ter
Coordinates
37.16015, -76.51874
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,195
Gross rental yield
8.64%
Implied cap rate
5.61%
Trend-extrapolated value
—
Frequently asked questions
When did 861 Melrose Ter last sell?
861 Melrose Ter most recently sold on Jun 24, 2021 for $305,000.
What is the current tax assessment for 861 Melrose Ter?
The most recent total assessment for 861 Melrose Ter (year 2026) is $356,800 with $4,357 in property tax.
How does 861 Melrose Ter's assessment compare to its last sale price?
The current assessment is 17.0% above the last sale price of $305,000.
When was 861 Melrose Ter built?
861 Melrose Ter was built in 1991.
How does 861 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 861 Melrose Ter?
861 Melrose Ter is a 3 bed, 2 bath, 1,463 sqft, 6,882 sqft lot single_family.
Is 861 Melrose Ter a flip candidate?
No — 861 Melrose Ter does not appear in our flips dataset.
Is 861 Melrose Ter a tax-appeal candidate?
Yes — 861 Melrose Ter 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 valuationQuarterly trend
+1.7%
Implied 1-yr
+6.9%
2026 Q3
$338.4K
2026 Q4
$343.6K
ZIP 23608 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose Ter