508 Bailey Ave Smithfield, VA 23430
Estimated Value: $360,059 - $404,000
3
Beds
2
Baths
1,735
Sq Ft
$222/Sq Ft
Est. Value
About This Home
This home is located at 508 Bailey Ave, Smithfield, VA 23430 and is currently estimated at $385,515, approximately $222 per square foot. 508 Bailey Ave is a home located in Isle of Wight County with nearby schools including Hardy Elementary School, Smithfield Middle School, and Smithfield High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 28, 2020
Sold by
Gray Jason E
Bought by
Jordan Kelly B and Jordan Megan V
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
$284,603
Outstanding Balance
$252,463
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$133,052
Purchase Details
Closed on
Oct 5, 2005
Sold by
Gray Jason E and Gray Ronald E
Purchase Details
Closed on
Sep 19, 2005
Purchase Details
Closed on
Oct 2, 1987
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jordan Kelly B | $289,900 | Old Republic Title | |
| -- | -- | -- | |
| -- | $200,000 | -- | |
| -- | $78,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jordan Kelly B | $284,603 |
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 | $2,019 | $260,500 | $55,000 | $205,500 |
| 2024 | $1,902 | $260,500 | $55,000 | $205,500 |
| 2023 | $1,904 | $260,500 | $55,000 | $205,500 |
| 2022 | $2,084 | $238,800 | $55,000 | $183,800 |
| 2021 | $2,084 | $238,800 | $55,000 | $183,800 |
| 2020 | $2,084 | $238,800 | $55,000 | $183,800 |
| 2019 | $2,084 | $238,800 | $55,000 | $183,800 |
| 2018 | $1,867 | $213,300 | $55,000 | $158,300 |
| 2016 | $1,885 | $213,300 | $55,000 | $158,300 |
| 2015 | $1,928 | $213,300 | $55,000 | $158,300 |
| 2014 | $1,928 | $218,400 | $55,000 | $163,400 |
| 2013 | -- | $218,400 | $55,000 | $163,400 |
Source: Public Records
Map
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