220 Bank Street

220 Bank Street has been categorized by the local assessors in Suffolk, VA as a residential type of property. The building on the property was first built in 1880 and is 144 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 220 Bank Street has 2,531 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,405 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a heating system we are unsure of. The property was last sold in Jul 20, 2021 for $163,500. That's $64.60 per sqft. Prior to that sales transaction, the property was also sold in Jul 27, 2016 for $127,000. 220 Bank Street was last assessed in 2023. The total value of the property was assessed at $217,400. Specifically, the land the property is located on was valued at $43,900. While improvements on the property were assessed at a total of $173,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,370. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.