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Isle of Wight 23430
14055 MELISSA DR
$50,000
● House - Off Market

14055 MELISSA DR

Smithfield, VA 23430
bedrooms
3 Beds
bathrooms
1 Bath
square feet
972 Ft²
$124,038
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Welcome home to this well maintained 3 bdrm rancher in Smithfield Heights. Home features open floor plan w/ kitchen/dining area combined, hardwood floors & separate laundry rm. Great for outdoor entertaining,nice size yard & oversized shed. You'll want to see this one first! Property sold as is.
Unit Size
972 Ft²
Days on Market
198 days
Land Size
-
Price per sqft
$66
Property Type
House
Property Taxes
$57
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 12 months ago (CVRMLS #1302413)

Price History

Date / Event Date Event Price
Aug 15, 2013 Sold
Premium
Sold
Jan 28, 2013 Listed by Native American Group Realty $63,750
Listed by Native American Group Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,283
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 11
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: L 47 S 2 SMITHFIELD HGTS PLAT 6/1

Neighborhood

  • School District Name: Isle of Wight County Public Schools
  • Census Tract: 280105

Zoning

  • Zoning: NC

Geography

  • District: 45
  • Parcel: 31A-04-047
  • Lot: 47
  • Municipality: NEWPORT
  • Latitude: 36.9491
  • Longitude: -76.6478

    Address

  • Full Address: 14055 Melissa Dr
  • Address - House Number: 14055
  • Address - Street Name: Melissa
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Smithfield
  • Carrier Code: R005
  • 4-Digit Zip Code: 7067
  • Zip Code: 23430

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $101,960
  • Tax Rate Code Area: 45

    Appraisal Valuation

  • Standard Deviation: 0.194
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 243,417
  • High Value: 290,660
  • Low Value: 196,174

    Market Valuation

  • Market Total Value: $136,000
  • Market Land Value: $35,000
  • Market Improvement Value: $101,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,000
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $101,000

    Sales

  • Current Sale Contract Date: Aug 15, 2013
  • Current Sale Recording Date: Aug 15, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 130000304
  • Previous Sale Recording Date: Jan 16, 2013
  • Previous Sale Contract Date: Jan 16, 2013
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Isle of Wight

Stats & Trends

Median Asking:

$249,950

Sale Price/ft²

$183

Below Asking

0.01%

Average Days on Market

31

Average Home Size

1260 ft²

Average Home Age

82 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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CVR

Listed by: Susan Jenkins, Native American Group Realty
Last Updated: 12 months ago
Data Source: CVRMLS , MLS# 1302413
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 14055 Melissa Drive built and last sold?
The property at 14055 Melissa Drive was built in 1973 and last sold on Aug 15, 2013 for $50,000.
How much is this home worth?
The estimated value of the home located at 14055 Melissa Drive is $65,493.
What are some comparable homes to 14055 Melissa Drive?
There are currently no comparable homes to 14055 Melissa Drive.
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