247 Oak Hill Ln Smithfield, VA 23430
Estimated Value: $535,000 - $575,000
4
Beds
3
Baths
3,220
Sq Ft
$172/Sq Ft
Est. Value
About This Home
This home is located at 247 Oak Hill Ln, Smithfield, VA 23430 and is currently estimated at $554,367, approximately $172 per square foot. 247 Oak Hill Ln 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
Jun 5, 2024
Sold by
Frakes Joseph and Frakes Deidre
Bought by
Rivera Gabriel and Rivera Katherine E
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
$507,927
Outstanding Balance
$501,253
Interest Rate
7.22%
Mortgage Type
VA
Estimated Equity
$53,114
Purchase Details
Closed on
Nov 16, 2017
Sold by
Nvr Inc
Bought by
Frakes Joseph and Frakes Deidre
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,992
Interest Rate
3.91%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rivera Gabriel | $526,759 | Old Republic National Title | |
| Frakes Joseph | $375,090 | Stewart Title Guaranty Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rivera Gabriel | $507,927 | |
| Previous Owner | Frakes Joseph | $299,992 |
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 |
|---|---|---|---|---|
| 2025 | $3,954 | $510,200 | $85,000 | $425,200 |
| 2024 | $3,724 | $510,200 | $85,000 | $425,200 |
| 2023 | $3,676 | $510,200 | $85,000 | $425,200 |
| 2022 | $3,463 | $401,000 | $85,000 | $316,000 |
| 2021 | $3,463 | $401,000 | $85,000 | $316,000 |
| 2020 | $3,463 | $401,000 | $85,000 | $316,000 |
| 2019 | $3,463 | $401,000 | $85,000 | $316,000 |
| 2018 | $2,118 | $400,700 | $85,000 | $315,700 |
| 2016 | $723 | $85,000 | $85,000 | $0 |
Source: Public Records
Map
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