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761 Terrace Dr

Newport News, VA 23601

3 bd 2 ba 1,208 sqft Built 1988 Lot 6,970 sqft single_family
Most recent sale
$265,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $265,000 MLS #2201306
Apr 24, 2022 Listed $250,000 MLS #10433090
Apr 21, 2022 Listed $250,000 MLS #2201306
Apr 2, 2012 Sold $160,000 Public Record
Mar 20, 2012 Listing removed $169,900 HamptonRoads
Jan 31, 2012 Listed $169,900 MLS #1203811
May 26, 1989 Sold $84,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $224,500 $71,500 $296,000 $3,639
2024 $203,700 $71,500 $275,200 $3,247
2023 $168,700 $71,500 $240,200 $3,029
2022 $145,200 $65,000 $210,200 $2,564
2020 $133,100 $65,000 $198,100 $2,563
2019 $125,600 $65,000 $190,600 $2,467
2018 $119,600 $65,000 $184,600 $2,391
2017 $113,900 $65,000 $178,900 $2,321
2016 $113,900 $65,000 $178,900 $2,317
2015 $113,900 $65,000 $178,900 $2,311
2014 $113,900 $65,000 $178,900 $2,182
2013 $113,900 $65,000 $178,900 $2,182
2012 $113,900 $65,000 $178,900 $1,967
2011 $133,100 $65,000 $198,100 $2,179
2010 $135,500 $65,000 $200,500 $2,205
2009 $136,700 $60,000 $196,700 $2,271
2008 $136,700 $60,000 $196,700 $2,163
2007 $130,700 $55,000 $185,700 $1,792

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,208 sqft
Lot size
6,970 sqft
ZIP code
23601
City
Newport News
Street
Terrace Dr
Coordinates
37.06236, -76.45280

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,812
Gross rental yield
8.21%
Implied cap rate
5.33%
Trend-extrapolated value

Frequently asked questions

When did 761 Terrace Dr last sell?
761 Terrace Dr most recently sold on Jun 1, 2022 for $265,000.
What is the current tax assessment for 761 Terrace Dr?
The most recent total assessment for 761 Terrace Dr (year 2026) is $296,000 with $3,639 in property tax.
How does 761 Terrace Dr's assessment compare to its last sale price?
The current assessment is 11.7% above the last sale price of $265,000.
When was 761 Terrace Dr built?
761 Terrace Dr was built in 1988.
How does 761 Terrace Dr compare to others on Terrace Dr?
We track 8 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 761 Terrace Dr?
761 Terrace Dr is a 3 bed, 2 bath, 1,208 sqft, 6,970 sqft lot single_family.
Is 761 Terrace Dr a flip candidate?
No — 761 Terrace Dr does not appear in our flips dataset.
Is 761 Terrace Dr a tax-appeal candidate?
No — 761 Terrace Dr 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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