3501 Derby Cove Suffolk, VA 23435
Sleepy Hole NeighborhoodEstimated Value: $357,000 - $398,000
4
Beds
3
Baths
1,850
Sq Ft
$203/Sq Ft
Est. Value
About This Home
This home is located at 3501 Derby Cove, Suffolk, VA 23435 and is currently estimated at $375,185, approximately $202 per square foot. 3501 Derby Cove is a home located in Suffolk City with nearby schools including Creekside Elementary School, John Yeates Middle School, and Nansemond River High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 4, 2018
Sold by
Faulkner Timothy A and Faulkner Jillian D
Bought by
Zabek Brad M
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
$230,788
Outstanding Balance
$199,593
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$175,592
Purchase Details
Closed on
Mar 3, 2010
Sold by
Baldwin Thomas J
Bought by
Faulkner Timothy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,945
Interest Rate
5%
Mortgage Type
VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zabek Brad M | $245,000 | Attorney | |
| Faulkner Timothy A | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zabek Brad M | $230,788 | |
| Previous Owner | Faulkner Timothy A | $234,945 |
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 | $3,863 | $319,000 | $85,000 | $234,000 |
| 2024 | $3,863 | $312,000 | $85,000 | $227,000 |
| 2023 | $3,731 | $305,500 | $84,800 | $220,700 |
| 2022 | $2,877 | $263,900 | $84,800 | $179,100 |
| 2021 | $2,645 | $238,300 | $70,700 | $167,600 |
| 2020 | $2,575 | $232,000 | $70,700 | $161,300 |
| 2019 | $2,428 | $218,700 | $70,700 | $148,000 |
| 2018 | $2,430 | $213,500 | $70,700 | $142,800 |
| 2017 | $2,230 | $208,400 | $70,700 | $137,700 |
| 2016 | $2,180 | $203,700 | $70,700 | $133,000 |
| 2015 | $1,145 | $207,500 | $70,700 | $136,800 |
| 2014 | $1,145 | $207,500 | $70,700 | $136,800 |
Source: Public Records
Map
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