5905 Wayne Ave Suffolk, VA 23435
Sleepy Hole NeighborhoodEstimated Value: $343,445 - $390,000
3
Beds
2
Baths
1,664
Sq Ft
$221/Sq Ft
Est. Value
About This Home
This home is located at 5905 Wayne Ave, Suffolk, VA 23435 and is currently estimated at $368,111, approximately $221 per square foot. 5905 Wayne Ave 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
Jul 20, 2022
Sold by
Zydron Matthew
Bought by
Velasco Philip S and Velasco Vivian Marie
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
$3,532,935
Outstanding Balance
$3,367,125
Interest Rate
5.78%
Mortgage Type
VA
Estimated Equity
-$2,999,014
Purchase Details
Closed on
Feb 1, 2018
Sold by
Barton David L
Bought by
Zydron Matthew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 2, 2015
Sold by
Barton Ruby M
Bought by
Barton Trustee David L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Velasco Philip S | $345,000 | Chicago Title | |
| Zydron Matthew | $190,000 | Attorney | |
| Barton Trustee David L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Velasco Philip S | $3,532,935 | |
| Previous Owner | Zydron Matthew | $152,000 |
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 | $3,660 | $300,000 | $78,900 | $221,100 |
| 2024 | $3,660 | $294,200 | $78,900 | $215,300 |
| 2023 | $3,541 | $287,900 | $78,900 | $209,000 |
| 2022 | $2,844 | $260,900 | $78,900 | $182,000 |
| 2021 | $2,414 | $217,500 | $65,700 | $151,800 |
| 2020 | $2,354 | $212,100 | $65,700 | $146,400 |
| 2019 | $2,300 | $207,200 | $65,700 | $141,500 |
| 2018 | $2,364 | $211,500 | $65,700 | $145,800 |
| 2017 | $2,263 | $211,500 | $65,700 | $145,800 |
| 2016 | $2,263 | $211,500 | $65,700 | $145,800 |
| 2015 | -- | $197,200 | $51,400 | $145,800 |
| 2014 | -- | $197,200 | $51,400 | $145,800 |
Source: Public Records
Map
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