NOT LISTED FOR SALE

116 Cove Point Dr Suffolk, VA 23434

Holy Neck Neighborhood

Estimated Value: $503,000 - $536,106

4 Beds
3 Baths
2,646 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 116 Cove Point Dr, Suffolk, VA 23434 and is currently estimated at $513,277, approximately $193 per square foot. 116 Cove Point Dr is a home located in Suffolk City with nearby schools including Kilby Shores Elementary School, Forest Glen Middle School, and Lakeland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2022
Sold by
Wright Adam D
Bought by
Stokley Michelle and Stokley Dennis
Current Estimated Value
$513,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$349,803
Interest Rate
7.08%
Mortgage Type
Balloon
Estimated Equity
$163,474

Purchase Details

Closed on
Apr 28, 2020
Sold by
Coastal Va Homes Llc
Bought by
Wright Adam D and Wright Cherita Peterson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2018
Sold by
Farrell Timothy F
Bought by
Coastal Va Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,510
Interest Rate
4.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stokley Michelle $460,000 First American Title
Wright Adam D $370,000 Priority Title & Escrow
Coastal Va Homes Llc $63,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stokley Michelle $360,000
Previous Owner Wright Adam D $333,000
Previous Owner Coastal Va Homes Llc $237,510
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,321 $460,600 $120,000 $340,600
2023 $5,321 $436,300 $85,000 $351,300
2022 $4,173 $382,800 $85,000 $297,800
2021 $3,897 $351,100 $53,300 $297,800
2020 $3,634 $327,400 $53,300 $274,100
2019 $592 $53,300 $53,300 $0
2018 $581 $53,300 $53,300 $0
2017 $570 $53,300 $53,300 $0
2016 $570 $53,300 $53,300 $0
2015 $323 $53,300 $53,300 $0
2014 $323 $53,300 $53,300 $0
Source: Public Records

Map

Virginia Suffolk City County Suffolk 23434 Holy Neck

116 Cove Point Dr, Suffolk, VA

This home is located at 116 Cove Point Dr, Suffolk, VA 23434 and is currently estimated at $513,277, approximately $193 per square foot. 116 Cove Point Dr is a home located in Suffolk City with nearby schools including Kilby Shores Elementary School, Forest Glen Middle School, and Lakeland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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