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$308,000

703 Terrace Dr Newport News, VA 23601

3 beds
2 full
1,075 sqft
$287 / sqft
House

Property details

About 703 Terrace Dr

Welcome to this beautifully renovated ranch home featuring 3 bedrooms and 2 bathrooms. Step inside to discover gleaming hardwood floors and an inviting open concept layout perfect for entertaining. The kitchen is a true showstopper, complete with brand-new cabinets, sleek countertops, stainless steel appliances, and a large island with extra storage. Enjoy the outdoors with the spacious backyard, ideal for gatherings, play, or relaxing with the creek in view. Come see today!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,075 sqft
Year built1964
ParkingGarage Att 1 Car, Driveway Spc, Street
MLS #10589489
Attached garageYes

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, /Dryer Connection, Electric Range, Refrigerator, Washer Connection
  • Basement: No
  • Flooring Type: Wood
  • Interior: Scuttle Access
  • Total Bedroom Count: 3
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Garage Att 1 Car, Driveway Spc, Street
  • Architectural Style: Ranch
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $308,000
  • Price/SqFt: $286
  • HOA Amount: $0
  • Annual Tax Amount: $2,452
  • Tax Year: 2023
  • Year Built: 1964
  • Stories: 1
  • Living Area: 1,075 SqFt
  • MLS Number: 10589489
  • Office Name: Howard Hanna Real Estate Svcs.
  • Listing Agent: Anna Boyer

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$195,400$2,452
2022$181,200$2,011
2021$152,800$1,864
2020$139,700$1,851
2019$137,900$1,824
2018$136,200$1,800
2017$132,000$1,749

History based on county public records data.

Nearby schools

1

Sedgefield Elementary School

Public District KG-5

1.1 mi

804 Main St

5

Tucker-Capps Elementary School

Public District PK-5

1.6 mi

113 Wellington Dr

7

Deer Park Elementary School

Public Magnet PK-5

1.7 mi

11541 Jefferson Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $64,140. The most common annual income of people living in Newport News, VA is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

16%
<35k
66%
35k-100k
17%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

37%
Single, No Kids
10%
Single, with Kids
30%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
41%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Minor League Baseball GamesMinor League Baseball Games
  • Horse RacesHorse Races

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Stein MartStein Mart
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • QdobaQdoba
  • Chick-fil-AChick-fil-A
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • InfinitiInfiniti
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • Active RockActive Rock
  • Talk/PersonalityTalk/Personality
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 703 Terrace Dr

The listing price of 703 Terrace Dr property is $308,000.

The property 703 Terrace Dr is a house located in Newport News, Virginia, 23601.

Active Listing: 703 Terrace Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 703 Terrace Dr are: Sedgefield Elementary School (GreatSchools Rating 1/10), Tucker-Capps Elementary School (GreatSchools Rating 5/10), Deer Park Elementary School (GreatSchools Rating 7/10), George P. Phenix Elementary School (GreatSchools Rating 7/10), Homer L. Hines Middle School (GreatSchools Rating 4/10), Cesar Tarrant Middle School (GreatSchools Rating 6/10), Bethel High School (GreatSchools Rating 6/10), Warwick High School (GreatSchools Rating 4/10), Heritage High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $2,452 (source: MLS/based on county public records data).

The property at 703 Terrace Dr has 3 bedrooms and 2 bathrooms.

The property 703 Terrace Dr is 1,075 SqFt (source: MLS/tax record).

The year of construction for 703 Terrace Dr is 1964.

This home is located at 703 Terrace Dr in Newport News, VA and zip code 23601 in the Ivy Farms neighborhood. This 1,075 square foot home was built in 1964. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 21, 2025 and is currently priced at $308,000.

Newport News, VA housing market in June 2025 saw over 2 listings sold above listed price, more than 3 sold at listed price and over 5 sold below. Between May and June 2025, Newport News, VA real estate market has seen increase in the number of listings by 7%. While the average time on the market in June 2025 was 25 days, the median list price was $288,000.

From Rocket Homes Real Estate and based on county public records data.

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