1 month on rocket

503 Settlement Ln, Newport News, VA, 23608

$285,000

Home List Price

$3,384*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,490 SqFt
$191/SqFt
Condo
Schools Nearby

Location

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503 Settlement Ln, Newport News$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking2 Space, Assigned/Reserved, Driveway Spc, Street
Year Built2012
HeatingElectric, Hot Water, Natural Gas
CoolingCentral Air
BasementYes
FireplaceGas Fireplace
MLS #10525407
StatusActive

About 503 Settlement Ln

Welcome to 503 Settlement Lane, where luxury meets convenience in Newport News! Situated just minutes away from Ft. Eustis back gate, I64, Langley AFB, local businesses, and attractions, this home offers both comfort and convenience. This stunningly updated condo boasts a perfect blend of modern elegance and comfort. Step inside to discover a feast for the eyes with new light fixtures illuminating the chic black, gray, white, and gold theme throughout. The main floor dazzles with brand new LVP flooring, while plush new carpeting adorns the stairs and second floor. Prepare to be WOWED by the gourmet kitchen featuring granite countertops and NEW stainless-steel appliances. Bathrooms are transformed into spa-like retreats with exquisite ceramic and marble flooring paired with granite countertops. Cozy up by the fireplace on chilly evenings. Convenience is key with washer and dryer hookups, a security system for peace of mind, and a well maintained water filtration system. GO Now!

Property Details

Property Features

Property Information:

  • Architectural Style: Townhouse
  • Year Built: 2012
  • Stories: 2
  • Living Area: 1,490 SqFt

Listing Office:

  • Office Name: World Class Realty
  • Listing Agent: Heather Irving

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, /Dryer Connection, Microwave, Electric Range, Refrigerator, Washer Connection
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic, Laminate/LVP, Marble
  • Interior: Bar, Cathedral Ceiling, Fireplace Gas-natural, Primary Sink-Double, Scuttle Access, Walk-In Closet, Window Treatments
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Corner

Parking Information:

  • Parking: 2 Space, Assigned/Reserved, Driveway Spc, Street

Utilities

Utilities Information:

  • Heating: Electric, Hot Water, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Denbigh High School, Public Magnet Grades 9-12
  • J. M. Dozier Middle School, Public District Grades 6-8
  • Oliver C. Greenwood Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $191/SqFt

Tax Information:

  • Annual Amount: $2,196
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport News, VA.

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Newport News, VA

City

Med. Sold Price

$284.9K

Med. Price/SqFt

$192

Avg. Days On Market

39

# of Sold Homes

166

503 Settlement Ln vs Newport News

32 DAYS ON ROCKET

-7 Days

$285,000

+$50 More

$191/SqFt

-$2 Less

KEY TAKEAWAY

This property is $50 more than the Median Sold Price and $2/SqFt less than other homes in Newport News, VA.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10525407

Listing Office:

  • Office Name: World Class Realty
  • Listing Agent: Heather Irving

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,196$180,000
2020$2,230$170,800
2019$2,194$168,200
2018$2,191$168,200
2017$2,191$168,200

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2065496
2
/10

  • Oliver C. Greenwood Elementary School

  • 13460 Woodside Ln

  • 1.76 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2065497
3
/10

  • J. M. Dozier Middle School

  • 432 Industrial Park Dr

  • 0.28 miles

  • Public District Grades 6-8

High School

school-card-donut-2065498
2
/10

  • Denbigh High School

  • 259 Denbigh Blvd

  • 2.23 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,852. The majority of Newport News, VA residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 Settlement Ln

What is the listing price of this property?

The listing price of 503 Settlement Ln property is $285,000.

What type of property is this?

The property 503 Settlement Ln is a condo located in Newport News, Virginia, 23608.

Is this property for sale now?

Active Listing: 503 Settlement Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 503 Settlement Ln are:
Oliver C. Greenwood Elementary School: GreatSchools Rating 2/10
J. M. Dozier Middle School: GreatSchools Rating 3/10
Denbigh High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,196 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 503 Settlement Ln has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 503 Settlement Ln is 1,490 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 Settlement Ln is 2012.

Rocket Homes›Virginia›Newport News›23608›503 Settlement Ln

This home is located at 503 Settlement Ln in Newport News, VA and zip code 23608 in the Snidow neighborhood. This 1,490 square foot home was built in 2012. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $285,000.

In March 2024, from all listings sold in Newport News, VA there were more than 4 sold above asking price, over 5 sold below and more than 1 were sold right at the asked price. The number of listings in Newport News, VA increased by 11.6% between February 2024 and March 2024. In March 2024 median list price was $284,950 and the average listing age was 39 days.

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

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