5037 Bay Cir Suffolk, VA 23435
Nansemond NeighborhoodEstimated Value: $381,000 - $438,000
4
Beds
3
Baths
2,188
Sq Ft
$188/Sq Ft
Est. Value
About This Home
This home is located at 5037 Bay Cir, Suffolk, VA 23435 and is currently estimated at $411,609, approximately $188 per square foot. 5037 Bay Cir is a home located in Suffolk City with nearby schools including Northern Shores Elementary School, John Yeates Middle School, and Nansemond River High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 10, 2023
Sold by
Carvalho John C and Watkins Stephen J
Bought by
Hughes Douglas and Hughes Kimberly
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
$385,700
Outstanding Balance
$379,137
Interest Rate
7.63%
Mortgage Type
VA
Estimated Equity
$32,472
Purchase Details
Closed on
May 19, 2017
Sold by
Cedar Homes Llc A Virginia Limited Liabi
Bought by
Carvalho John C and Watkins Stephen J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 12, 2016
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Cedar Homes Llc A Virginia Limited Liabi
Purchase Details
Closed on
Mar 26, 2016
Sold by
Branch Banking And Trust Company
Bought by
The Secretary Of Housing And Urban Devel
Purchase Details
Closed on
Dec 10, 2014
Sold by
Commonwealth Asset Services Ll and Midgett Ronald L
Bought by
Branch Banking And Trust Compa
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hughes Douglas | $400,000 | Old Republic National Title | |
| Carvalho John C | $260,000 | Attorney | |
| Cedar Homes Llc A Virginia Limited Liabi | $155,000 | Attorney | |
| The Secretary Of Housing And Urban Devel | -- | None Available | |
| Branch Banking And Trust Compa | $238,546 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hughes Douglas | $385,700 | |
| Previous Owner | Carvalho John C | $255,290 |
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 | $4,224 | $344,600 | $73,300 | $271,300 |
| 2023 | $4,080 | $239,700 | $73,300 | $166,400 |
| 2022 | $2,334 | $214,100 | $73,300 | $140,800 |
| 2021 | $2,240 | $201,800 | $73,300 | $128,500 |
| 2020 | $2,271 | $204,600 | $73,300 | $131,300 |
| 2019 | $2,271 | $204,600 | $73,300 | $131,300 |
| 2018 | $2,217 | $198,400 | $73,300 | $125,100 |
| 2017 | $2,123 | $198,400 | $73,300 | $125,100 |
| 2016 | $2,069 | $193,400 | $73,300 | $120,100 |
| 2015 | $1,025 | $183,300 | $63,200 | $120,100 |
| 2014 | $1,025 | $183,300 | $63,200 | $120,100 |
Source: Public Records
Map
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