2 months on rocket

8261 Gates Rd, Suffolk, VA, 23437

$285,000

Home List Price

$3,384*

Closing Credit

4 Bedrooms
1 Full Bath
1,248 SqFt
$228/SqFt
House

Location

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8261 Gates Rd, Suffolk$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Driveway Spc
Year Built1965
HeatingHeat Pump
CoolingHeat Pump
MLS #10556387
Lot Size1.11 Acres
StatusActive

About 8261 Gates Rd

Warm, Cozy Country Home on picturesque, large, wooded lot (1.11 acre); spacious eat-in kitchen; updated: freshly painted interior; new upgraded carpet and padding in living room & bedrooms, new laminate & vinyl flooring in hall, kitchen & utility room; new ceramic tile in bathroom; new bedroom closet and entry doors; new front and rear doors; new toilet & vanity; new kitchen range; HVAC and bathtub approximately 2 years old; roof approximately 1 year old; 3 new storm doors; bright and inviting sun porch; new blinds throughout & many more desirable features. Be sure to see this one. (When viewing, please wear the shoe covers provided on the sun porch)

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1965
  • Stories: 1
  • Living Area: 1,248 SqFt

Listing Office:

  • Office Name: Heritage Realty
  • Listing Agent: Carlethia McCollum

Interior Features

Interior Information:

  • Appliances: /Dryer Connection, Electric Range, Washer Connection
  • Basement: No
  • Flooring Type: Carpet, Ceramic, Laminate/LVP
  • Interior: Primary BR FP, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Well, Wooded

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, Driveway Spc

Lot Features

Lot Information:

  • Lot Size: 1.11 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $228/SqFt

Tax Information:

  • Annual Amount: $1,313
  • 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

8261 Gates Rd vs Suffolk

60 DAYS ON ROCKET

-45 Days

$285,000

-$121.7K Less

$228/SqFt

+$33 More

KEY TAKEAWAY

This property is $121.7K less than the Median List Price and $33/SqFt more than other homes in Suffolk, VA.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10556387

Listing Office:

  • Office Name: Heritage Realty
  • Listing Agent: Carlethia McCollum

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Last updated on: 12/22/2024, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,313$118,300
2020$1,261$113,600
2019$1,261$113,600
2018$1,182$106,500
2017$1,114$104,100

History based on county public records data.

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$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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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-1055797
1
/10

  • S.P. Morton Elementary School

  • 300 Morton St

  • 6.93 miles

  • Public District Grades PK-5

school-card-donut-1055798
7
/10

  • Carrsville Elementary School

  • 5355 Carrsville Hwy

  • 8.21 miles

  • Public District Grades PK-5

school-card-donut-1055799
5
/10

  • Southwestern Elementary School

  • 150 Pioneer Rd

  • 8.30 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. Most Suffolk, VA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area 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 8261 Gates Rd

What is the listing price of this property?

The listing price of 8261 Gates Rd property is $285,000.

What type of property is this?

The property 8261 Gates Rd is a house located in Suffolk, Virginia, 23437.

Is this property for sale now?

Active Listing: 8261 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 $1,313 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8261 Gates Rd has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 8261 Gates Rd is 1,248 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8261 Gates Rd is 1965.

Rocket Homes›Virginia›Suffolk›23437›8261 Gates Rd

This home is located at 8261 Gates Rd in Suffolk, VA and zip code 23437. This 1,248 square foot home, which was built in 1965, sits on a 1.11 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $285,000.

Between October 2024 and November 2024, Suffolk, VA real estate market has seen increase in the number of listings by 3.2%. In November 2024 median list price was $406,766 and the average listing age was 105 days.

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

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