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7501 River Rd

Newport News, VA 23607

2 bd 2 ba 1,000 sqft Built 1987 condos
Most recent sale
$205,000
Oct 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 2, 2022 Listing removed HamptonRoads
Oct 31, 2022 Sold $205,000 Williamsburg
Oct 14, 2022 Listed $195,000 HamptonRoads
Oct 12, 2022 Listed $195,000 Williamsburg
Jul 15, 2011 Sold $130,000 Public Record
Jun 30, 2011 Listing removed $148,500 HamptonRoads
Jun 15, 2011 Price changed $148,500 HamptonRoads
May 7, 2011 Listed $154,900 HamptonRoads
Apr 21, 2008 Sold $140,000 Public Record
Aug 1, 1994 Sold $89,000 Public Record
Sep 2, 1987 Sold $112,027 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $198,700 $38,400 $237,100 $2,859
2024 $161,400 $33,400 $194,800 $2,298
2023 $116,600 $33,400 $150,000 $1,861
2022 $110,000 $29,000 $139,000 $1,695
2020 $100,900 $29,000 $129,900 $1,646
2019 $92,600 $29,000 $121,600 $1,543
2018 $92,600 $29,000 $121,600 $1,541
2017 $88,200 $29,000 $117,200 $1,488
2016 $84,000 $29,000 $113,000 $1,435
2015 $84,000 $29,000 $113,000 $1,432
2014 $84,000 $29,000 $113,000 $1,378
2013 $84,000 $29,000 $113,000 $1,378
2012 $84,000 $34,000 $118,000 $1,298
2011 $89,000 $44,000 $133,000 $1,463
2010 $110,000 $44,000 $154,000 $1,694
2009 $115,000 $44,000 $159,000 $1,749
2008 $115,000 $44,000 $159,000 $1,749
2007 $114,000 $34,000 $148,000 $1,548

Property facts

Year built
1987
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,000 sqft
Lot size
ZIP code
23607
City
Newport News
Street
River Rd
Coordinates
37.01324, -76.45334

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
$1,500
Gross rental yield
8.78%
Implied cap rate
5.71%
Trend-extrapolated value

Frequently asked questions

When did 7501 River Rd last sell?
7501 River Rd most recently sold on Oct 31, 2022 for $205,000.
What is the current tax assessment for 7501 River Rd?
The most recent total assessment for 7501 River Rd (year 2026) is $237,100 with $2,859 in property tax.
How does 7501 River Rd's assessment compare to its last sale price?
The current assessment is 15.7% above the last sale price of $205,000.
When was 7501 River Rd built?
7501 River Rd was built in 1987.
How does 7501 River Rd compare to others on River Rd?
We track 8 other properties on River Rd. Browse the list under "Other properties on River Rd" to compare beds, baths, and sale history.
What are the property facts for 7501 River Rd?
7501 River Rd is a 2 bed, 2 bath, 1,000 sqft condos.
Is 7501 River Rd a flip candidate?
No — 7501 River Rd does not appear in our flips dataset.
Is 7501 River Rd a tax-appeal candidate?
Yes — 7501 River 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
+3.1%
Implied 1-yr
+12.2%
2026 Q3
$359.3K
2026 Q4
$359.3K
ZIP 23607 — Median Price History + Forecast

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