2 months on rocket

7224 Gates Rd, Suffolk, VA, 23437

$439,900

Home List Price

$5,224*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,008 SqFt
$219/SqFt
House

Location

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7224 Gates Rd, Suffolk$439,900

Buyer Closing Credits

$5,224*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Att 2 Car, Driveway Spc
Attached GarageYes
Year BuiltNew Const., 2025
HeatingElectric, Heat Pump
CoolingCentral Air, Heat Pump
BasementYes
MLS #10553338
Lot Size1.37 Acres
StatusActive

About 7224 Gates Rd

Holy Cow! Are You Ready To MOOOVE? NEW CONSTRUCTION! PELAIAH II MODEL, 4 BDRMS, 2.5 BATHS, GREAT ROOM, EAT IN KITCHEN W/ISLAND, 1ST FLR PRIMARY BEDROOM, LAUNDRY ROOM, ATTACHED GARAGE, APPROX. 1.37 ACRES, COMPLETION JANUARY/FEBRUARY 2025, FERGUSON, RAWLS & RAINES ATTORNEY AS SETTLEMENT, BUILDER TO CONSIDER CLOSING COST ASSISTANCE WITH PREFERRED LENDER ATLANTIC BAY/KELLY MARTIN. INTERIOR & EXTERIOR PHOTO SIMILAR W/UPGRADES.

Property Details

Property Features

Property Information:

  • Architectural Style: Transitional
  • Year Built: 2025
  • Stories: 2
  • Living Area: 2,008 SqFt

Listing Office:

  • Office Name: BHHS RW Towne Realty
  • Listing Agent: L. Ellen Drames

Interior Features

Interior Information:

  • Appliances: Dishwasher, /Dryer Connection, Microwave, Electric Range, Refrigerator, Washer Connection
  • Basement: Yes
  • Flooring Type: Carpet, Laminate/LVP
  • Interior: Scuttle Access, Walk-In Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Wooded

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage Att 2 Car, Driveway Spc

Lot Features

Lot Information:

  • Lot Size: 1.37 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump

Price Information

Listing Price Info

Price Summary:

  • List Price: $439,900
  • Price Per SqFt: $219/SqFt

Tax Information:

  • Annual Amount: $522
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Suffolk, VA.

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Suffolk, VA

City

Med. List Price

$406.7K

Med. Price/SqFt

$195

Avg. Days On Market

105

# of Sold Homes

128

7224 Gates Rd vs Suffolk

82 DAYS ON ROCKET

-23 Days

$439,900

+$33.1K More

$219/SqFt

+$24 More

KEY TAKEAWAY

This property is $33.1K more than the Median List Price and $24/SqFt more than other homes in Suffolk, VA.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10553338

Listing Office:

  • Office Name: BHHS RW Towne Realty
  • Listing Agent: L. Ellen Drames

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$522$47,000
2020$522$47,000
2019$522$47,000
2018$435$39,200
2017$419$39,200

History based on county public records data.

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$2,263

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,385

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1116255
5
/10

  • Buckland Elementary School

  • 448 NC 37 North

  • 7.86 miles

  • Public District Grades KG-5

school-card-donut-1116256
1
/10

  • S.P. Morton Elementary School

  • 300 Morton St

  • 8.67 miles

  • Public District Grades PK-5

school-card-donut-1116257
5
/10

  • Southwestern Elementary School

  • 150 Pioneer Rd

  • 9.22 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,669. The majority of Suffolk, VA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Suffolk, VA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Suffolk, VA?

The housing landscape in Suffolk, Virginia, is characterized by a mix of single-family homes, apartments, and townhouses, with single-family homes being the most prevalent. Architectural styles in the area range from traditional colonial to more contemporary designs, reflecting the city's historical roots and modern growth. The majority of homes were built during a development boom from the 1980s to the early 2000s. Suffolk maintains a strong homeownership rate, with a significant portion of residents owning their homes.

What are the advantages of living in Suffolk, VA?

Suffolk prides itself on its blend of small-town charm and growing urban amenities. The community is celebrated for its annual Peanut Fest, which honors the city's agricultural heritage and fosters a sense of local pride. Residents enjoy a variety of outdoor activities, thanks to the city's numerous parks and waterways, which contribute to Suffolk's tranquil and family-friendly atmosphere.

Are essential services in Suffolk, VA convenient?

Suffolk offers a robust array of services to its residents. The city's educational system includes multiple public schools at the elementary, middle, and high school levels, as well as private institutions that cater to a range of educational needs. Healthcare is well-supported with several hospitals and clinics providing a spectrum of services from primary care to specialized treatments. The public library system is active, hosting events and programs for all ages. Retail and dining options are plentiful, with many establishments reflecting the local culture and cuisine.

How do Suffolk, VA residents get around?

Transportation in Suffolk is facilitated by a network of major roads and highways, including Route 58 and Route 460, which connect residents to neighboring cities and regions. Public transit options are available, offering services that cater to the commuting needs of the community. The city is also served by a variety of ride-share options. While some areas of Suffolk are more pedestrian-friendly, the city is continuously working to improve walkability and bikeability to enhance the quality of life for its residents.

Frequently Asked Questions About 7224 Gates Rd

What is the listing price of this property?

The listing price of 7224 Gates Rd property is $439,900.

What type of property is this?

The property 7224 Gates Rd is a house located in Suffolk, Virginia, 23437.

Is this property for sale now?

Active Listing: 7224 Gates Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $522 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7224 Gates Rd has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 7224 Gates Rd is 2,008 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7224 Gates Rd is 2025.

Rocket Homes›Virginia›Suffolk›23437›7224 Gates Rd

This home is located at 7224 Gates Rd in Suffolk, VA and zip code 23437. This 2,008 square foot home, which was built in 2025, sits on a 1.37 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $439,900.

The number of listings in Suffolk, VA increased by 3.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $406,766, while the average time on the real estate market was 105 days.

From Rocket Homes Real Estate and based on county public records data.

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