5 months on rocket

251 Lake Dr, Virginia Beach, VA, 23451

$345,000

Home List Price

$4,097*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,000 SqFt
$345/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

251 Lake Dr, Virginia Beach$345,000

Buyer Closing Credits

$4,097*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned/Reserved, Multi Car, Off Street
Year Built1983
HeatingElectric, Other
CoolingCentral Air
WaterfrontLake Front
FireplaceWood Burning Fireplace
MLS #10537098
StatusActive

About 251 Lake Dr

Enjoy amazing lake views from your living room and bedroom in this top-floor condo, located just two blocks from the ocean. This unit offers the best views of Lake Holly and features 2 bedrooms, 1.5 baths, a kitchen with granite countertops and stainless steel appliances, and a washer and dryer. Both the living room and bedroom have balconies with stunning lake views. Recent updates include new balconies, a replaced bedroom sliding glass door, new kitchen floor and countertops, and added insulation in the attic. The complex includes a gazebo overlooking the lake, perfect for relaxing and entertaining. Just in time to enjoy the rest of the summer!

Property Details

Property Features

Property Information:

  • Architectural Style: Lo Rise
  • Year Built: 1983
  • Stories: 1
  • Living Area: 1,000 SqFt

Listing Office:

  • Office Name: EXIT Realty Central
  • Listing Agent: Holly Mitchell

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic, Laminate/LVP
  • Interior: Fireplace Wood
  • Fireplace: Wood Burning Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • Exterior: Gazebo

Parking Information:

  • Attached Garage: No
  • Parking: Assigned/Reserved, Multi Car, Off Street

Utilities

Utilities Information:

  • Heating: Electric, Other
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $345,000
  • Price Per SqFt: $345/SqFt

Tax Information:

  • Annual Amount: $2,161
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Virginia Beach, VA.

Map thumbnail provided by MapBox

Virginia Beach, VA

City

Med. Sold Price

$320K

Med. Price/SqFt

$223

Avg. Days On Market

27

# of Sold Homes

413

251 Lake Dr vs Virginia Beach

164 DAYS ON ROCKET

+137 Days

$345,000

+$25K More

$345/SqFt

+$122 More

KEY TAKEAWAY

This property is $25K more than the Median Sold Price and $122/SqFt more than other homes in Virginia Beach, VA.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10537098

Listing Office:

  • Office Name: EXIT Realty Central
  • Listing Agent: Holly Mitchell

IDXCopyright © 2024 REIN, Inc - All Rights Reserved. Information Deemed Reliable But Not Guaranteed.

The listing data relating to real estate for sale on this web site comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

Real estate listings held by brokerage firms other than this broker are marked by the REIN symbol; detailed information about such listings includes the names of listing brokers.

REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.

Users of this Site are granted a limited, nonexclusive license to use the Site and its listing content for personal and noncommercial use only. Information is deemed reliable but not guaranteed. REIN has no control over the conditions under which broker member or any of the respective agents, employees, customers, clients, contractors or representatives use the sold listings information and does not and cannot warrant, and expressly disclaims any warranty with respect to, the accuracy or completeness of the sold listings information or performance or results that may be obtained by their use. You should not base any important financial decisions on this sold listings information, without independently, verifying such information, or consulting with a professional real estate broker for assistance.

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.

Some of these listings contain enhanced listing information including mapping from sources such as Google, Bing, Microsoft, Yahoo, WalkScore and others.

Some properties which appear for sale on this website have subsequently sold or may no longer be available. REIN updates its listings on a daily basis.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,161$218,300
2020$2,044$200,900
2019$1,902$189,800
2018$1,903$189,800
2017$1,903$189,800

History based on county public records data.

Payment Calculator

$1,789

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,101

Powered By

Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-278151
5
/10

  • W. T. Cooke Elementary School

  • 1501 Mediterranean Ave

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-278152
4
/10

  • Seatack Elementary School

  • 912 S Birdneck Rd

  • 2.09 miles

  • Public District Grades PK-5

school-card-donut-278153
3
/10

  • Birdneck Elementary School

  • 957 S Birdneck Rd

  • 2.28 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,026. The most common annual income of people living in Virginia Beach, VA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 251 Lake Dr

What is the listing price of this property?

The listing price of 251 Lake Dr property is $345,000.

What type of property is this?

The property 251 Lake Dr is a condo located in Virginia Beach, Virginia, 23451.

Is this property for sale now?

Active Listing: 251 Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,161 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 251 Lake Dr has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 251 Lake Dr is 1,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 251 Lake Dr is 1983.

Rocket Homes›Virginia›Virginia Beach›23451›251 Lake Dr

This home is located at 251 Lake Dr in Virginia Beach, VA and zip code 23451 in the Resort Area neighborhood. This 1,000 square foot home was built in 1983. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 10, 2024 and is currently priced at $345,000.

Virginia Beach, VA housing market in October 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 0 sold below. The number of homes for sale in Virginia Beach, VA increased by 8.8% between September 2024 and October 2024. The median list price of listings available in October 2024 was $320,000, while the average time on the real estate market was 27 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources