501 Military Rd Suffolk, VA 23434
Holy Neck NeighborhoodEstimated Value: $185,000 - $216,415
2
Beds
2
Baths
1,000
Sq Ft
$204/Sq Ft
Est. Value
About This Home
This home is located at 501 Military Rd, Suffolk, VA 23434 and is currently estimated at $203,854, approximately $203 per square foot. 501 Military Rd is a home located in Suffolk City with nearby schools including Elephant's Fork 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
Apr 14, 2020
Sold by
Baines Thomas
Bought by
Baines Cody T and Baines Parker L
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
$127,875
Outstanding Balance
$112,849
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$91,005
Purchase Details
Closed on
Jan 3, 2018
Sold by
Brinkley Channan P
Bought by
Baines Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,279
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
May 5, 2014
Sold by
Branton Joseph A
Bought by
Brinkley Channan P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,424
Interest Rate
4.37%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Baines Cody T | $125,000 | Attorney | |
| Baines Thomas | $95,000 | Attorney | |
| Brinkley Channan P | $87,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Baines Cody T | $127,875 | |
| Previous Owner | Baines Thomas | $93,279 | |
| Previous Owner | Brinkley Channan P | $85,424 |
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 | $2,423 | $170,200 | $55,000 | $115,200 |
| 2023 | $2,214 | $162,200 | $55,000 | $107,200 |
| 2022 | $1,648 | $151,200 | $50,000 | $101,200 |
| 2021 | $1,567 | $141,200 | $40,000 | $101,200 |
| 2020 | $1,333 | $120,100 | $40,000 | $80,100 |
| 2019 | $1,333 | $120,100 | $40,000 | $80,100 |
| 2018 | $1,370 | $113,300 | $40,000 | $73,300 |
| 2017 | $1,212 | $113,300 | $40,000 | $73,300 |
| 2016 | $1,212 | $113,300 | $40,000 | $73,300 |
| 2015 | $686 | $113,300 | $40,000 | $73,300 |
| 2014 | $686 | $113,300 | $40,000 | $73,300 |
Source: Public Records
Map
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