8961 River Cres
Suffolk, VA 23433
4 bd 3 ba 2,958 sqft Built 1987 Lot 23,087 sqft single_family
Most recent sale
$530,000
Sep 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 6, 2022 | Sold | $530,000 | Public Record |
| Jul 29, 2022 | Price changed | $524,900 | MLS #10446926 |
| Jul 11, 2022 | Listed | $534,900 | MLS #10446926 |
| Nov 17, 2020 | Sold | $410,000 | Public Record |
| Aug 17, 2020 | Listed | $410,000 | MLS #10335756 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $408,400 | $96,600 | $505,000 | $5,403 |
| 2023 | $377,100 | $96,600 | $473,700 | $5,163 |
| 2022 | $281,700 | $96,600 | $378,300 | $4,123 |
| 2021 | $266,600 | $87,800 | $354,400 | $3,934 |
| 2020 | $238,500 | $87,800 | $326,300 | $3,622 |
| 2019 | $227,700 | $87,800 | $315,500 | $3,502 |
| 2018 | $234,700 | $87,800 | $322,500 | $3,580 |
| 2017 | $234,700 | $87,800 | $322,500 | $3,451 |
| 2016 | $223,600 | $87,800 | $311,400 | $3,332 |
| 2014 | $219,200 | $87,800 | $307,000 | $3,162 |
| 2013 | $173,000 | $97,500 | $270,500 | $2,786 |
| 2012 | $219,200 | $121,900 | $341,100 | $3,309 |
| 2011 | $219,200 | $121,900 | $341,100 | $3,309 |
| 2010 | $219,200 | $121,900 | $341,100 | $3,104 |
| 2009 | $219,200 | $121,900 | $341,100 | $3,104 |
| 2006 | $251,200 | $74,900 | $326,100 | $3,065 |
Property facts
Year built
1987
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,958 sqft
Lot size
23,087 sqft
ZIP code
23433
City
Suffolk
Street
River Cres
Coordinates
36.90796, -76.49493
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,437
Gross rental yield
10.05%
Implied cap rate
6.53%
Trend-extrapolated value
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Frequently asked questions
When did 8961 River Cres last sell?
8961 River Cres most recently sold on Sep 6, 2022 for $530,000.
What is the current tax assessment for 8961 River Cres?
The most recent total assessment for 8961 River Cres (year 2025) is $505,000 with $5,403 in property tax.
How does 8961 River Cres's assessment compare to its last sale price?
The current assessment is 4.7% below the last sale price of $530,000.
When was 8961 River Cres built?
8961 River Cres was built in 1987.
How does 8961 River Cres compare to others on River Cres?
We track 8 other properties on River Cres. Browse the list under "Other properties on River Cres" to compare beds, baths, and sale history.
What are the property facts for 8961 River Cres?
8961 River Cres is a 4 bed, 3 bath, 2,958 sqft, 23,087 sqft lot single_family.
Is 8961 River Cres a flip candidate?
Yes — 8961 River Cres appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8961 River Cres a tax-appeal candidate?
No — 8961 River Cres is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.5%
Implied 1-yr
+29.8%
2024 Q4
$599.3K
2025 Q1
$629.4K
ZIP 23433 — Median Price History + Forecast
Explore nearby
Geography
Other properties on River Cres