NOT LISTED FOR SALE

7240 Gates Rd Suffolk, VA 23437

Holy Neck Neighborhood

Estimated Value: $383,000 - $494,000

4 Beds
3 Baths
1,842 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 7240 Gates Rd, Suffolk, VA 23437 and is currently estimated at $457,229, approximately $248 per square foot. 7240 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2023
Sold by
Bought by
Current Estimated Value
$457,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,382
Outstanding Balance
$438,404
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$18,825

Purchase Details

Closed on
Jun 1, 2023
Sold by
Bought by
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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title
$58,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $451,382
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $450 $431,400 $95,500 $335,900
2024 $450 $412,400 $86,900 $325,500
2023 $393 $233,900 $86,900 $147,000
2022 $752 $69,000 $69,000 $0
Source: Public Records

Map

Virginia Suffolk City County Suffolk 23437 Holy Neck

7240 Gates 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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