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790 Melrose Terrace

790 Melrose Terrace, Newport News, VA 23608
Property in Richneck
Sold Jul 12, 2022
$330,000
$330,000 by Mid-continent Funding Inc
Mortgage Due Aug 01, 2052
Sold Jan 23, 2020
$233,000
$241,388 by Navy Federal Credit Union
Mortgage
Local assessors in Newport News, VA have categorized 790 Melrose Terrace as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 9,104 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 790 Melrose Terrace has a total of 1,709 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 393 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a covered porch and a patio so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 30, 2022 for $330,000. That's $193.10 per sqft. Prior to that sales transaction, the property was also sold in Dec 26, 2019 for $233,000. 790 Melrose Terrace was last assessed in 2023. The total value of the property was assessed at $312,500. Specifically, the land the property is located on was valued at $81,200. While improvements on the property were assessed at a total of $231,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,677. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 393
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 9,104
  • Total Building Area: 1,709
  • Building Area: 1,709
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,709
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONY PINES
  • Land Acres: 0.209
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 26 57.50X117.83X93.19X139.25

Ownership

  • Current Owner : TYNES DELON A
  • Current Owner 2: TYNES SHERELL Y
  • Previous Owner : DENNIS WILLIAMS
  • Owner Before Previous Owner: ROBINSON TERESA A
  • Owner Before Previous Owner 2: ROBINSON GIOVANNI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Newport News City Public Schools
  • Census Tract: 032131

Zoning

  • Zoning: R4

Geography

  • Section: 12
  • Parcel: 061000326
  • Lot: 26
  • Latitude: 37.1645
  • Longitude: -76.5181

    Address

  • Full Address: 790 Melrose Ter
  • Address - House Number: 790
  • Address - Street Name: Melrose
  • Address - Suffix Type: Ter
  • State: VA
  • City Name: Newport News
  • Carrier Code: C058
  • 4-Digit Zip Code: 9358
  • Zip Code: 23608

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,677

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 81
  • Final Value: 341,827
  • High Value: 393,350
  • Low Value: 290,304

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $330,000
  • First Open Lien Mortgage Lender: MID-CONTINENT FUNDING INC
  • First Open Lien Mortgage Recording Date: Jul 12, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $330,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $312,500
  • Market Land Value: $81,200
  • Market Improvement Value: $231,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,500
  • Assessed Land Value: $81,200
  • Assessed Improvements Value: $231,300

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Transaction ID: 11892550285
  • Current Sale Price: $330,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 12880
  • Previous Sale Recording Date: Jan 23, 2020
  • Previous Sale Contract Date: Dec 26, 2019
  • Previous Sale Amount: $233,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MID-CONTINENT FUNDING INC
  • First Mortgage Transaction Date: Jul 12, 2022
  • First Mortgage Loan Amount: $330,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Jan 23, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $241,388
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

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Frequently Asked Questions

What neighborhood is 790 Melrose Terrace located in?
The 790 Melrose Terrace is a located in the neighborhood of Richneck in North Newport News, Newport News.
What is the average sales price for listings in 790 Melrose Terrace?
The average sales price for units in 790 Melrose Terrace is $0 currently.

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