Check Availability

5540 Old Myrtle Road

5540 Old Myrtle Road, Suffolk, VA 23434
House in Suffolk
Local assessors in Suffolk, VA have categorized 5540 Old Myrtle Road as a type of property. The home was built in 1983 and is 43 years old. The property's lot size has been calculated to be 653,400 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 100 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5540 Old Myrtle Road has a total of 1,508 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. The home's is the primary heating source. The property was last sold in Dec 12, 2023 for $525,000. That's $348.14 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $285,000. 5540 Old Myrtle Road was last assessed in 2023. The total value of the property was assessed at $224,800. Specifically, the land the property is located on was valued at $66,800. While improvements on the property were assessed at a total of $158,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $245,032. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20231109
11/09/2023
3 Bed
2 Bath
2631 ft²
$500,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2631 ft²
-
-
Kristina McEathron
The Real Estate Group


Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 653,400
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,508
  • Building Area: 1,508
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,508
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000015000
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: EDWARDS,GRIGG,RT.632, BOSSELMAN,PERRY

Neighborhood

  • School District Name: Suffolk City Public Schools
  • Census Tract: 075405

Zoning

  • Zoning: AGRICULTUR

Geography

  • Account Number: 253271200
  • District: CH
  • Parcel: 23*22C*1
  • Municipality: CHUCKATUCK BOROUGH
  • Latitude: 36.7839
  • Longitude: -76.6812

    Address

  • Full Address: 5540 Old Myrtle Rd
  • Address - House Number: 5540
  • Address - Street Name: Old Myrtle
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Suffolk
  • Carrier Code: R064
  • 4-Digit Zip Code: 8310
  • Zip Code: 23434

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $245,032
  • Tax Rate Code Area: CITY-WIDE

    Appraisal Valuation

  • Standard Deviation: 0.0807
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 508,550
  • High Value: 549,640
  • Low Value: 467,460

    Market Valuation

  • Market Total Value: $301,600
  • Market Land Value: $143,600
  • Market Improvement Value: $158,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,800
  • Assessed Land Value: $66,800
  • Assessed Improvements Value: $158,000

    Sales

  • Current Sale Contract Date: Dec 12, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Price:
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 13513
  • Previous Sale Recording Date: Apr 09, 2014
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Suffolk



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5540 Old Myrtle Road located in?
The 5540 Old Myrtle Road is a house located in the neighborhood of Suffolk in Suffolk, Suffolk.
What is the average sales price for listings in 5540 Old Myrtle Road?
The average sales price for units in 5540 Old Myrtle Road is $0 currently.