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7 Summitt Ln

Newport News, VA 23601

4 bd 4 ba 1,917 sqft Built 2011 Lot 2,178 sqft condo
Most recent sale
$300,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2022 Sold $300,000 Public Record
Aug 16, 2022 Listed $295,000 MLS #10452513
Mar 18, 2019 Sold $225,000 MLS #1900190
Jan 15, 2019 Listed $225,000 MLS #1900190
Nov 7, 2011 Sold $192,370 Public Record
Oct 13, 2011 Sold $204,100 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $270,600 $50,600 $321,200 $3,937
2024 $257,700 $50,600 $308,300 $3,637
2023 $218,500 $44,000 $262,500 $3,297
2022 $198,600 $40,000 $238,600 $2,910
2020 $173,500 $40,000 $213,500 $2,752
2019 $161,000 $40,000 $201,000 $2,594
2018 $161,000 $40,000 $201,000 $2,591
2017 $161,000 $40,000 $201,000 $2,591
2016 $153,300 $40,000 $193,300 $2,493
2015 $153,300 $40,000 $193,300 $2,487
2014 $153,300 $40,000 $193,300 $2,358
2013 $153,300 $40,000 $193,300 $2,358
2012 $153,300 $40,000 $193,300 $2,126
2011 $40,000 $40,000 $440
2010 $40,000 $40,000 $440

Property facts

Year built
2011
Property type
condo
Stories
3
Beds
4
Baths
4
Living area
1,917 sqft
Lot size
2,178 sqft
ZIP code
23601
City
Newport News
Street
Summitt Ln
Coordinates
37.06584, -76.45505

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
$2,876
Gross rental yield
11.50%
Implied cap rate
7.48%
Trend-extrapolated value

Frequently asked questions

When did 7 Summitt Ln last sell?
7 Summitt Ln most recently sold on Sep 23, 2022 for $300,000.
What is the current tax assessment for 7 Summitt Ln?
The most recent total assessment for 7 Summitt Ln (year 2026) is $321,200 with $3,937 in property tax.
How does 7 Summitt Ln's assessment compare to its last sale price?
The current assessment is 7.1% above the last sale price of $300,000.
When was 7 Summitt Ln built?
7 Summitt Ln was built in 2011.
How does 7 Summitt Ln compare to others on Summitt Ln?
We track 3 other properties on Summitt Ln. Browse the list under "Other properties on Summitt Ln" to compare beds, baths, and sale history.
What are the property facts for 7 Summitt Ln?
7 Summitt Ln is a 4 bed, 4 bath, 1,917 sqft, 2,178 sqft lot condo.
Is 7 Summitt Ln a flip candidate?
No — 7 Summitt Ln does not appear in our flips dataset.
Is 7 Summitt Ln a tax-appeal candidate?
No — 7 Summitt Ln 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
+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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