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724 Trails Ln

Newport News, VA 23608

3 bd 3 ba 1,521 sqft Built 1992 Lot 6,534 sqft single_family
Most recent sale
$255,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2024 Sold $295,000 Public Record
Mar 11, 2024 Listed $295,000 HamptonRoads
May 20, 2022 Sold $255,000 Public Record
Apr 18, 2022 Listed $240,000 MLS #10428470
Feb 15, 2020 Listed for rent $1,530 TenantTurner
Jul 16, 2019 Listed for rent $1,530 AppfolioUnits
Jul 4, 2019 Listed for rent $1,530 HamptonRoads
Jul 31, 2018 Listing removed $1,500 Rently
Jul 11, 2018 Listed for rent $1,500 Rently
Aug 27, 2009 Sold $204,200 Public Record
Jun 30, 2009 Listing removed $199,200 HamptonRoads
Jun 18, 2009 Listed $199,200 MLS #0925413
May 2, 2009 Listing removed $199,000 Williamsburg
Apr 28, 2009 Listing removed $199,000 HamptonRoads
Feb 13, 2009 Listed $199,000 MLS #30017116
Jun 30, 2005 Sold $195,000 Public Record
Dec 21, 1995 Sold $95,900 Public Record
Apr 28, 1994 Sold $100,300 Public Record
Feb 12, 1992 Sold $90,335 Public Record
Oct 1, 1991 Sold $25,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $236,400 $66,000 $302,400 $3,715
2024 $202,100 $66,000 $268,100 $3,163
2023 $182,700 $66,000 $248,700 $3,131
2022 $153,300 $60,000 $213,300 $2,602
2020 $134,500 $60,000 $194,500 $2,519
2019 $128,100 $60,000 $188,100 $2,415
2018 $123,200 $60,000 $183,200 $2,374
2017 $119,600 $60,000 $179,600 $2,330
2016 $119,600 $60,000 $179,600 $2,326
2015 $119,600 $60,000 $179,600 $2,320
2014 $124,600 $60,000 $184,600 $2,252
2013 $124,600 $60,000 $184,600 $2,252
2012 $133,700 $60,000 $193,700 $2,130
2011 $148,900 $60,000 $208,900 $2,297
2010 $151,900 $60,000 $211,900 $2,330
2009 $158,700 $60,000 $218,700 $2,405
2008 $158,700 $60,000 $218,700 $2,405
2007 $143,400 $57,000 $200,400 $1,951

Property facts

Year built
1992
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,521 sqft
Lot size
6,534 sqft
ZIP code
23608
City
Newport News
Street
Trails Ln
Coordinates
37.17191, -76.53965

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
$2,282
Gross rental yield
10.74%
Implied cap rate
6.98%
Trend-extrapolated value

Frequently asked questions

When did 724 Trails Ln last sell?
724 Trails Ln most recently sold on May 20, 2022 for $255,000.
What is the current tax assessment for 724 Trails Ln?
The most recent total assessment for 724 Trails Ln (year 2026) is $302,400 with $3,715 in property tax.
How does 724 Trails Ln's assessment compare to its last sale price?
The current assessment is 18.6% above the last sale price of $255,000.
When was 724 Trails Ln built?
724 Trails Ln was built in 1992.
How does 724 Trails Ln compare to others on Trails Ln?
We track 8 other properties on Trails Ln. Browse the list under "Other properties on Trails Ln" to compare beds, baths, and sale history.
What are the property facts for 724 Trails Ln?
724 Trails Ln is a 3 bed, 3 bath, 1,521 sqft, 6,534 sqft lot single_family.
Is 724 Trails Ln a flip candidate?
No — 724 Trails Ln does not appear in our flips dataset.
Is 724 Trails Ln a tax-appeal candidate?
No — 724 Trails 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
+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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