1305 Progress Rd Suffolk, VA 23434
Cyprus Neighborhood
Studio
--
Bath
175,582
Sq Ft
376,794
Sq Ft Lot
About This Home
This home is located at 1305 Progress Rd, Suffolk, VA 23434. 1305 Progress Rd is a home located in Suffolk City with nearby schools including Nansemond Parkway Elementary School, John F. Kennedy Middle School, and King's Fork High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 28, 2025
Sold by
Cpi Associates Iii and Cpi Associates Iii Llc
Bought by
Ecg 1305 Progress Llc and Ronnies Real Estate Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,458,000
Outstanding Balance
$7,378,059
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ecg 1305 Progress Llc | $10,000,000 | Waterside Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ecg 1305 Progress Llc | $7,458,000 |
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 | $77,688 | $6,688,600 | $865,000 | $5,823,600 |
| 2024 | $77,688 | $6,688,600 | $865,000 | $5,823,600 |
| 2023 | $77,688 | $6,602,000 | $865,000 | $5,737,000 |
| 2022 | $71,962 | $6,602,000 | $865,000 | $5,737,000 |
| 2021 | $70,716 | $6,370,800 | $330,400 | $6,040,400 |
| 2020 | $67,348 | $6,067,400 | $330,400 | $5,737,000 |
| 2019 | $67,348 | $6,067,400 | $330,400 | $5,737,000 |
| 2018 | $68,318 | $6,049,700 | $330,400 | $5,719,300 |
| 2017 | $64,732 | $6,049,700 | $330,400 | $5,719,300 |
| 2016 | $64,732 | $6,049,700 | $330,400 | $5,719,300 |
| 2015 | $30,978 | $6,049,700 | $330,400 | $5,719,300 |
| 2014 | $30,978 | $6,049,700 | $330,400 | $5,719,300 |
Source: Public Records
Map
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