NOT LISTED FOR SALE

118 Rabey Farm Rd Suffolk, VA 23435

Sleepy Hole Neighborhood

Estimated Value: $464,787 - $500,000

4 Beds
3 Baths
2,387 Sq Ft
$202/Sq Ft Est. Value

About This Home

This home is located at 118 Rabey Farm Rd, Suffolk, VA 23435 and is currently estimated at $482,947, approximately $202 per square foot. 118 Rabey Farm Rd is a home located in Suffolk City with nearby schools including Driver Elementary School, John Yeates Middle School, and Nansemond River High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2021
Sold by
Souders Matthew
Bought by
Phelps Kevin Edward and Phelps Kaitlynn
Current Estimated Value
$482,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,400
Outstanding Balance
$336,427
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$146,520

Purchase Details

Closed on
Oct 6, 2020
Sold by
Reckers Timothy C and Reckers Deceased Carmen
Bought by
Souders Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,204
Interest Rate
2.9%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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Quantarium

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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
Phelps Kevin Edward $392,000 Virginia Home Title
Souders Matthew $339,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps Kevin Edward $372,400
Previous Owner Souders Matthew $351,204
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
2025 $5,190 $443,000 $85,000 $358,000
2024 $5,190 $410,700 $85,000 $325,700
2023 $4,788 $398,300 $86,300 $312,000
2022 $3,896 $357,400 $86,300 $271,100
2021 $3,572 $321,800 $71,900 $249,900
2020 $3,223 $290,400 $71,900 $218,500
2019 $3,069 $276,500 $71,900 $204,600
2018 $3,041 $277,800 $71,900 $205,900
2017 $2,972 $277,800 $71,900 $205,900
2016 $2,809 $262,500 $71,900 $190,600
2015 $1,439 $254,900 $71,900 $183,000
2014 $1,439 $247,300 $71,900 $175,400
Source: Public Records

Map

Virginia Suffolk City County Suffolk 23435 Sleepy Hole

118 Rabey Farm Rd, Suffolk, VA

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