7821 Gates Rd Suffolk, VA 23437
Holy Neck NeighborhoodEstimated payment $1,511/month
About This Lot
Rare opportunity to acquire approximately 55 acres in Suffolk, VA. Currently zoned Agricultural. This expansive property offers a mix of open land and natural surroundings, creating excellent potential for future residential development or estate use. The site features significant road frontage on both Gates Rd and Corinth Chapel Rd and is situated within a growing corridor of new construction activity. Current zoning allows for 1 residence per acre (buyer to verify). Property being sold as-is; purchaser responsible for all due diligence including utilities, soil studies, and subdivision approvals.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,329
Home Design
- Cluster Home
Schools
- Southwestern Elementary School
- Forest Glen Middle School
- Lakeland High School
Additional Features
- 55 Acre Lot
- No Utilities
Community Details
- All Others Area 62 Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,519 | $217,700 | $217,700 | $0 |
| 2023 | $2,329 | $217,700 | $217,700 | $0 |
| 2022 | $2,373 | $217,700 | $217,700 | $0 |
| 2021 | $2,416 | $217,700 | $217,700 | $0 |
| 2020 | $2,416 | $217,700 | $217,700 | $0 |
| 2019 | $2,416 | $217,700 | $217,700 | $0 |
| 2018 | $1,977 | $181,400 | $181,400 | $0 |
| 2017 | $1,941 | $181,400 | $181,400 | $0 |
| 2016 | $1,941 | $181,400 | $181,400 | $0 |
| 2015 | $1,369 | $181,400 | $181,400 | $0 |
| 2014 | $1,369 | $181,400 | $181,400 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/18/2025 11/18/25 | Price Changed | $250,000 | -13.5% | -- |
| 11/07/2025 11/07/25 | Price Changed | $289,000 | -3.3% | -- |
| 10/29/2025 10/29/25 | Price Changed | $299,000 | -8.0% | -- |
| 10/07/2025 10/07/25 | Price Changed | $325,000 | -18.5% | -- |
| 09/30/2025 09/30/25 | Price Changed | $399,000 | -11.3% | -- |
| 09/23/2025 09/23/25 | Price Changed | $450,000 | -9.8% | -- |
| 09/16/2025 09/16/25 | For Sale | $499,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | None Listed On Document | |
| Gift Deed | -- | None Available |
Source: Real Estate Information Network (REIN)
MLS Number: 10602203
APN: 150698000
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This application does not include information on all of the properties available for sale at this time.
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