503 Riddick Cir Suffolk, VA 23434

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3 beds · 1 bath · 1,005 sq ft · Lot Size: 16,553 sq ft · Single Family Home · East Washington Street
Est. Property Value: $153,619
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503 Riddick Cir is in the East Washington Street neighborhood of Suffolk, VA. It is located in Suffolk city County and ZIP code 23434. This Single Family Home was built in 1959 and is approximately 66 years old. The single family home spans 1005 sq ft with 3 bedrooms and 1 bathroom and sits on a 16553 sq ft lot. According to public records, it has a tax-assessed value of $163,600, which is $153 per sq ft. The East Washington Street area of Suffolk has 1183 residential homes with an average size of 1158 sq ft. Analyze and compare real estate investment strategies for properties like this home at 503 Riddick Cir Suffolk, VA 23434 with Property Intel by Whitepages.

503 Riddick Cir

Suffolk, VA 23434

Owner Info

Owners & Occupancy for 503 Riddick Cir

This property is owned by Annie M Reid. Owner contact information includes 8 phone numbers and 1 email address.

Property Owners

Cell Phone(804) ***-****View Cell Phone
Residence***********
Landline(757) 558-0723
Distance from Property**********
Email Address**********@hotmail.comView Email
Residence************
Landline(804) 233-7120
Distance from Property**********
Email Address*************@hotmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1************ age 86
Resident 2************* age 87

Property Financials for 503 Riddick Cir

503 Riddick Cir, Suffolk, VA has no known mortgage. The Suffolk city county assessment for 2024 values it at $163,600, with annual taxes of $1,751.

Property Tax

Property Tax Amount$1,751 in 2024
Assessed Value$163,600 on 2024

Investment Potential for 503 Riddick Cir

The property has a current estimated value of $153,619, which is 14% below the neighborhood median. Projected long-term rental income is $18,600 annually ($1,550 per month) with a 90% occupancy rate.

Discover more Single Family Homes in East Washington Street.

Long-Term

Gross Rental
$18,600 per year($1,550 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 23434 zip code
 
View Rental Potential

Property Details for 503 Riddick Cir

Property Details

Property Sq Ft

Living Area

1,005 sq ft

13% below market

Lot Size

16,553 sq ft

81% above market

Price Per Sq Ft

Living Area

$153 / sq ft

1% above market

Lot Size Area

$9 / sq ft

51% below market

Property condition, age, exterior, etc. for 503 Riddic…
Longitude: -76.564649 Latitude: 36.721565 Parcel Number (APN): 052346000…

Recommended Properties in East Washington Street

Discover more single family homes near 503 Riddick Cir in Suffolk, Virginia. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 503 Riddick Cir in Suffolk city County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$153,619
$305,383
-$151,765 (-50%)
$451,663
-$271,606 (-60%)
YoY Price Change
2.23%
-131%
Year Built
1959
1981
-22 years
Living Space
1,005 sq ft
1,583 sq ft
-578 (-37%)
$ Per Living Sq Ft
$153
$190
-$37 (-19%)
Lot Size
16,553 sq ft
13,939 sq ft
2614 (19%)
$ Per Lot Sq Ft
$9
$21
-$11 (-55%)

Net Operating Income
$21,311
-$8,076 (-38%)
Annual Revenue
$18,600
$30,000
-$11,400 (-38%)
$8,433
-$3,068 (-36%)
Net Operating Income
$21,311
-$8,076 (-38%)
Cap Rate
6.77%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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