NOT LISTED FOR SALE

550 Lummis Rd Suffolk, VA 23434

Holy Neck Neighborhood

Estimated Value: $702,000 - $808,554

6 Beds
4 Baths
3,708 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 550 Lummis Rd, Suffolk, VA 23434 and is currently estimated at $753,518, approximately $203 per square foot. 550 Lummis Rd is a home located in Suffolk City with nearby schools including Southwestern Elementary School, Forest Glen Middle School, and Lakeland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2019
Sold by
Ab Homes Llc
Bought by
Cajares Carlos Holmes and Cajares Caren Michele
Current Estimated Value
$753,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,554
Outstanding Balance
$537,364
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$216,154

Purchase Details

Closed on
May 17, 2019
Sold by
Griffin Raymond E and Griffin Alice W
Bought by
Ab Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
4%
Mortgage Type
Small Business Administration
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cajares Carlos Holmes $649,787 Attorney
Ab Homes Llc $195,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cajares Carlos Holmes $617,554
Previous Owner Ab Homes Llc $448,000
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 $7,694 $719,100 $88,100 $631,000
2024 $7,694 $683,300 $82,600 $600,700
2023 $7,311 $654,000 $76,100 $577,900
2022 $6,118 $620,900 $130,400 $490,500
2021 $5,560 $500,900 $70,500 $430,400
2020 $4,984 $504,400 $130,400 $374,000
2019 $676 $151,500 $151,500 $0
2018 $502 $126,300 $126,300 $0
2017 $473 $126,300 $126,300 $0
2016 $477 $44,600 $44,600 $0
2015 $100 $46,200 $46,200 $0
2014 $100 $36,500 $36,500 $0
Source: Public Records

Map

Virginia Suffolk City County Suffolk 23434 Holy Neck

550 Lummis Rd, Suffolk, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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