7125 Gates Rd Suffolk, VA 23437
Holy Neck NeighborhoodEstimated Value: $277,124 - $340,000
3
Beds
1
Bath
768
Sq Ft
$387/Sq Ft
Est. Value
About This Home
This home is located at 7125 Gates Rd, Suffolk, VA 23437 and is currently estimated at $297,281, approximately $387 per square foot. 7125 Gates 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
Jun 20, 2023
Sold by
Deep Freedom Llc
Bought by
Smith Richard P
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
$9,100
Outstanding Balance
$1,299
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$295,982
Purchase Details
Closed on
Dec 13, 2022
Sold by
S & D Holdings Llc
Bought by
Deep Freedom Llc
Purchase Details
Closed on
Feb 15, 2018
Sold by
Nationstar Mortgage Llc Doing Business I
Bought by
The Sparkmaster5 Company Llc A Virginia
Purchase Details
Closed on
Feb 27, 2017
Sold by
Equity Trustees Llc A Virginia Limited L and Cross Elnoria H
Bought by
Nationstar Mortgage Llc
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 |
|---|---|---|---|
| Smith Richard P | $260,000 | None Listed On Document | |
| Deep Freedom Llc | $49,900 | Fidelity National Title | |
| The Sparkmaster5 Company Llc A Virginia | $10,000 | Attorney | |
| Nationstar Mortgage Llc | $40,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Richard P | $9,100 | |
| Open | Smith Richard P | $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 | $3,180 | $233,700 | $46,000 | $187,700 |
| 2023 | $2,894 | $225,500 | $46,000 | $179,500 |
| 2022 | $1,347 | $123,600 | $46,000 | $77,600 |
| 2021 | $1,237 | $111,400 | $46,000 | $65,400 |
| 2020 | $1,187 | $106,900 | $46,000 | $60,900 |
| 2019 | $1,187 | $106,900 | $46,000 | $60,900 |
| 2018 | $574 | $79,100 | $38,300 | $40,800 |
| 2017 | $830 | $77,600 | $38,300 | $39,300 |
| 2016 | $814 | $76,100 | $38,300 | $37,800 |
| 2015 | $552 | $76,100 | $38,300 | $37,800 |
| 2014 | $552 | $76,100 | $38,300 | $37,800 |
Source: Public Records
Map
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