1368 Progress Rd Suffolk, VA 23434
Cyprus Neighborhood
Studio
--
Bath
27,857
Sq Ft
882,526
Sq Ft Lot
About This Home
This home is located at 1368 Progress Rd, Suffolk, VA 23434. 1368 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
Nov 7, 2025
Sold by
Progress Road Partners Llc
Bought by
Apexon Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,972,230
Interest Rate
6.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2011
Sold by
Sara Lee Corporation
Bought by
Jms Foodservice Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Apexon Llc | $6,000,000 | None Listed On Document | |
| Jms Foodservice Llc | $15,463 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Apexon Llc | $5,000,000 |
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 | $101,066 | $8,595,900 | $1,067,800 | $7,528,100 |
| 2024 | $101,066 | $11,747,500 | $1,067,800 | $10,679,700 |
| 2023 | $134,788 | $10,670,900 | $1,067,800 | $9,603,100 |
| 2022 | $148,812 | $13,652,500 | $1,067,800 | $12,584,700 |
| 2021 | $151,688 | $13,665,600 | $430,200 | $13,235,400 |
| 2020 | $144,465 | $13,014,900 | $430,200 | $12,584,700 |
| 2019 | $144,465 | $13,014,900 | $430,200 | $12,584,700 |
| 2018 | $152,794 | $13,297,700 | $430,200 | $12,867,500 |
| 2017 | $142,285 | $13,297,700 | $430,200 | $12,867,500 |
| 2016 | $142,285 | $13,297,700 | $430,200 | $12,867,500 |
| 2015 | $77,414 | $14,118,800 | $430,200 | $13,688,600 |
| 2014 | $77,414 | $15,284,900 | $430,200 | $14,854,700 |
Source: Public Records
Map
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