NOT LISTED FOR SALE

20261 Cherry Grove Rd N Smithfield, VA 23430

Northern Isle of Wight Neighborhood

Estimated Value: $329,000 - $402,000

3 Beds
2 Baths
1,421 Sq Ft
$250/Sq Ft Est. Value

About This Home

This home is located at 20261 Cherry Grove Rd N, Smithfield, VA 23430 and is currently estimated at $355,548, approximately $250 per square foot. 20261 Cherry Grove Rd N is a home located in Isle of Wight County with nearby schools including Carrollton Elementary School, Smithfield Middle School, and Smithfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2016
Sold by
Park Crawford D
Bought by
Bynum Rakem M
Current Estimated Value
$355,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,467
Outstanding Balance
$163,466
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$191,196

Purchase Details

Closed on
Jun 3, 2016

Purchase Details

Closed on
Jul 1, 2004
Sold by
Young James M and Young Barbara M

Purchase Details

Closed on
May 22, 1996
Source: Public Records

Range of Values:

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

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

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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
Bynum Rakem M $197,000 --
-- -- --
-- $188,000 --
-- $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bynum Rakem M $70,000
Open Bynum Rakem M $202,467
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 $2,134 $292,300 $50,000 $242,300
2023 $2,129 $292,300 $50,000 $242,300
2022 $1,947 $222,700 $50,000 $172,700
2021 $1,947 $222,700 $50,000 $172,700
2020 $1,947 $222,700 $50,000 $172,700
2019 $1,947 $222,700 $50,000 $172,700
2018 $1,766 $201,400 $50,000 $151,400
2016 $1,784 $201,400 $50,000 $151,400
2015 $902 $201,400 $50,000 $151,400
2014 $902 $215,300 $50,000 $165,300
2013 -- $215,300 $50,000 $165,300
Source: Public Records

Map

Virginia Isle Of Wight County Smithfield 23430 Northern Isle of Wight

20261 Cherry Grove Rd N, Smithfield, VA

This home is located at 20261 Cherry Grove Rd N, Smithfield, VA 23430 and is currently estimated at $355,548, approximately $250 per square foot. 20261 Cherry Grove Rd N is a home located in Isle of Wight County with nearby schools including Carrollton Elementary School, Smithfield Middle School, and Smithfield High School.

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