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5031 Carolina Rd

Suffolk, VA 23434

3 bd 2 ba 1,764 sqft Built 1975 Lot 52,708 sqft single_family
Most recent sale
$330,000
Nov 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2022 Sold $330,000 Public Record
Oct 28, 2022 Listing removed HamptonRoads
Oct 10, 2022 Listed $335,000 HamptonRoads
Jun 22, 2017 Sold $225,000 Public Record
May 5, 2017 Listing removed $235,000 HamptonRoads
Mar 30, 2017 Listed $235,000 HamptonRoads
Jul 15, 2015 Listing removed $249,000 HamptonRoads
May 29, 2015 Listed $249,000 HamptonRoads
Feb 28, 2005 Sold $190,500 Public Record
Apr 3, 2003 Sold $154,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $314,400 $59,400 $373,800 $3,999
2023 $270,700 $54,000 $324,700 $3,539
2022 $217,200 $54,000 $271,200 $2,956
2021 $183,100 $54,000 $237,100 $2,631
2020 $170,400 $54,000 $224,400 $2,490
2019 $170,400 $54,000 $224,400 $2,490
2018 $171,700 $45,000 $216,700 $2,405
2017 $154,900 $45,000 $199,900 $2,138
2016 $149,000 $45,000 $194,000 $2,075
2014 $149,000 $45,000 $194,000 $1,998
2013 $149,000 $45,000 $194,000 $1,998
2012 $149,000 $56,200 $205,200 $1,990
2011 $149,000 $56,200 $205,200 $2,047
2010 $154,900 $56,200 $211,100 $2,033
2009 $167,300 $56,200 $223,500 $2,033
2006 $161,100 $38,100 $199,200 $1,872

Property facts

Year built
1975
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,764 sqft
Lot size
52,708 sqft
ZIP code
23434
City
Suffolk
Street
Carolina Rd
Coordinates
36.57102, -76.58320

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,646
Gross rental yield
9.62%
Implied cap rate
6.25%
Trend-extrapolated value

Frequently asked questions

When did 5031 Carolina Rd last sell?
5031 Carolina Rd most recently sold on Nov 30, 2022 for $330,000.
What is the current tax assessment for 5031 Carolina Rd?
The most recent total assessment for 5031 Carolina Rd (year 2025) is $373,800 with $3,999 in property tax.
How does 5031 Carolina Rd's assessment compare to its last sale price?
The current assessment is 13.3% above the last sale price of $330,000.
When was 5031 Carolina Rd built?
5031 Carolina Rd was built in 1975.
How does 5031 Carolina Rd compare to others on Carolina Rd?
We track 8 other properties on Carolina Rd. Browse the list under "Other properties on Carolina Rd" to compare beds, baths, and sale history.
What are the property facts for 5031 Carolina Rd?
5031 Carolina Rd is a 3 bed, 2 bath, 1,764 sqft, 52,708 sqft lot single_family.
Is 5031 Carolina Rd a flip candidate?
No — 5031 Carolina Rd does not appear in our flips dataset.
Is 5031 Carolina Rd a tax-appeal candidate?
No — 5031 Carolina Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.7%
Implied 1-yr
-6.8%
2026 Q3
$296.4K
2026 Q4
$290.8K
ZIP 23434 — Median Price History + Forecast

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