204 Bank St Suffolk, VA 23434
Downtown Suffolk NeighborhoodEstimated Value: $642,000 - $1,315,216
7
Beds
8
Baths
8,500
Sq Ft
$119/Sq Ft
Est. Value
About This Home
This home is located at 204 Bank St, Suffolk, VA 23434 and is currently estimated at $1,015,554, approximately $119 per square foot. 204 Bank St is a home located in Suffolk City with nearby schools including Hillpoint Elementary School, King's Fork Middle School, and King's Fork High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 22, 2022
Sold by
Truitt House Llc
Bought by
Mccormally Brian C
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$477,228
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$538,326
Purchase Details
Closed on
Sep 19, 2012
Sold by
Annas Jack E
Bought by
Baker Ruth S
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mccormally Brian C | $1,250,000 | First American Title | |
| Baker Ruth S | $440,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mccormally Brian C | $500,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,769 | $727,000 | $63,400 | $663,600 |
| 2023 | $5,436 | $706,300 | $60,300 | $646,000 |
| 2022 | $3,723 | $597,300 | $43,100 | $554,200 |
| 2021 | $3,696 | $588,700 | $34,500 | $554,200 |
| 2020 | $3,454 | $566,900 | $31,300 | $535,600 |
| 2019 | $4,961 | $446,900 | $31,300 | $415,600 |
| 2018 | $4,625 | $463,500 | $31,400 | $432,100 |
| 2017 | $3,835 | $358,400 | $31,400 | $327,000 |
| 2016 | $3,835 | $358,400 | $31,400 | $327,000 |
| 2015 | $1,951 | $358,400 | $31,400 | $327,000 |
| 2014 | $1,951 | $358,400 | $31,400 | $327,000 |
Source: Public Records
Map
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