NOT LISTED FOR SALE

8510 Gates Rd Suffolk, VA 23437

Holy Neck Neighborhood

Estimated Value: $3,136,695

5 Beds
3 Baths
4,000 Sq Ft
$784/Sq Ft Est. Value

About This Home

This home is located at 8510 Gates Rd, Suffolk, VA 23437 and is currently estimated at $3,136,695, approximately $784 per square foot. 8510 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
Dec 28, 2021
Sold by
March Swamp Plantation Llc
Bought by
Fiasco Lands 1 Llc
Current Estimated Value
$3,136,695

Purchase Details

Closed on
Dec 12, 2016
Sold by
March Swamp Plantation Llc A Virginia Li
Bought by
Nicholson Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Fiasco Lands 1 Llc $2,700,000 Attorney
Nicholson Robert L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fiasco Lands 1 Llc $400,000
Previous Owner Nicholson Robert L $350,000
Source: Public Records

Tax History Compared to Growth

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
2024 $6,539 $574,400 $100,400 $474,000
2023 $6,539 $546,600 $92,000 $454,600
2022 $5,085 $559,600 $177,200 $382,400
2021 $4,616 $415,900 $83,600 $332,300
2020 $4,432 $486,600 $177,200 $309,400
2019 $4,466 $486,600 $177,200 $309,400
2018 $3,000 $460,100 $147,700 $312,400
2017 $1,687 $268,600 $141,900 $126,700
2016 $335 $31,300 $31,300 $0
2015 $71 $32,500 $32,500 $0
2014 $71 $25,700 $25,700 $0
Source: Public Records

Map

Virginia Suffolk City County Suffolk 23437 Holy Neck

8510 Gates Rd, Suffolk, VA

This home is located at 8510 Gates Rd, Suffolk, VA 23437 and is currently estimated at $3,136,695, approximately $784 per square foot. 8510 Gates Rd is a home located in Suffolk City with nearby schools including Southwestern Elementary School, Forest Glen Middle School, and Lakeland High School.

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