new - 3 days on rocket

513 Lake Dr, Virginia Beach, VA, 23451

$700,000

Home List Price

$8,313*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
1,800 SqFt
$389/SqFt
House

Location

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513 Lake Dr, Virginia Beach$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Space, Multi Car, Driveway Spc, Street
Year Built1983
HeatingElectric, Heat Pump
CoolingCentral Air
WaterfrontLake Front
FireplaceWood Burning Fireplace
MLS #10559225
StatusActive
(New Listing)

About 513 Lake Dr

Discover the best of both worlds at this charming lakefront home with easy access to the beach! Imagine waking up to serene lake views and deciding between a day on the lake or a quick trip to the beach?here, you can choose which water to play in or simply relax and take in the beautiful scenery. This 4-bedroom, 2-1/2-bath home has been freshly painted and has all-new lighting. Each room is filled with natural light, so it feels open. Enjoy all the amenities Shadowlawn offers, with convenient access to nearby attractions, e.g., parks, top-rated schools, and shopping centers. This home combines comfort, style, and a prime location, making it an incredible opportunity. Sit on your deck in the backyard and watch nature surround the lake on your large deck. Don?t miss your chance to make this beautiful property your own!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1983
  • Stories: 2
  • Living Area: 1,800 SqFt

Listing Office:

  • Office Name: BHHS RW Towne Realty
  • Listing Agent: Cheryl Hickok

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Ceramic, Marble, Wood
  • Interior: Fireplace Wood, Pull Down Attic Stairs
  • Fireplace: Wood Burning Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • Exterior: Deck, Storage Shed

Parking Information:

  • Parking: 2 Space, Multi Car, Driveway Spc, Street

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $389/SqFt

Tax Information:

  • Annual Amount: $3,587
  • Tax Year: 2021
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Housing Market Comparison

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

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Virginia Beach, VA

City

Med. Sold Price

$320K

Med. Price/SqFt

$223

Avg. Days On Market

27

# of Sold Homes

413

513 Lake Dr vs Virginia Beach

3 DAYS ON ROCKET

-24 Days

$700,000

+$380K More

$389/SqFt

+$166 More

KEY TAKEAWAY

This property is $380K more than the Median Sold Price and $166/SqFt more than other homes in Virginia Beach, VA.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10559225

Listing Office:

  • Office Name: BHHS RW Towne Realty
  • Listing Agent: Cheryl Hickok

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,587$362,300
2020 - $399,800
2019$3,720$371,100
2018 - $371,100
2017 - $381,500

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-932733
5
/10

  • W. T. Cooke Elementary School

  • 1501 Mediterranean Ave

  • 0.21 miles

  • Public District Grades PK-5

school-card-donut-932734
4
/10

  • Seatack Elementary School

  • 912 S Birdneck Rd

  • 2.01 miles

  • Public District Grades PK-5

school-card-donut-932735
3
/10

  • Birdneck Elementary School

  • 957 S Birdneck Rd

  • 2.21 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. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 513 Lake Dr

What is the listing price of this property?

The listing price of 513 Lake Dr property is $700,000.

What type of property is this?

The property 513 Lake Dr is a house located in Virginia Beach, Virginia, 23451.

Is this property for sale now?

Active Listing: 513 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 $3,587 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 513 Lake Dr has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 513 Lake Dr is 1,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 513 Lake Dr is 1983.

Rocket Homes›Virginia›Virginia Beach›23451›513 Lake Dr

This home is located at 513 Lake Dr in Virginia Beach, VA and zip code 23451 in the Resort Area neighborhood. This 1,800 square foot home was built in 1983. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $700,000.

While more than 1 listings in Virginia Beach, VA in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below. The inventory of homes for sale in Virginia Beach, VA between September 2024 and October 2024 increased by 8.8%. While the average time on the market in October 2024 was 27 days, the median list price was $320,000.

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

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