This is a valuable investment opportunity. The property features a brick ranch-style residence, approximately 1500 sq ft, with two bedrooms and one bathroom, situated on a spacious lot. The adjacent lot is included in the sale. The location is highly convenient, mere minutes from Route 58. Please note that property is being sold in its current condition, with no repairs or renovations to be undertaken by the seller. No VA or FHA loans. 2025-04-02
Sold for $255,000
$255,000
109 Lakewood Dr, Suffolk, VA 23434
2beds
1,484sqft
Single Family Residence
Built in 1963
0.43 Acres Lot
$262,300 Zestimate®
$172/sqft
$1,334 Estimated rent
Home value
$262,300
$244,000 - $281,000
$1,334/mo
Zestimate® history
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Zillow last checked:
Bought with:
Chesapeake - Greenbrier Office
Source: Berkshire Hathaway HomeServices Towne Realty Solds,MLS#: 10565321
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Interior area
- Total structure area: 1,484
- Total interior livable area: 1,484 sqft
Property
Lot
- Size: 0.43 Acres
Details
- Parcel number: 33C216
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1963
Community & HOA
Location
- Region: Suffolk
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $281,800
- Annual tax amount: $3,015
- Date on market: 4/3/2025
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $255,000-12%$172/sqft |
Source: Berkshire Hathaway HomeServices Towne Realty Solds #f6a04f03f7ad0a1e6c3013d17567b15d Report a problem | ||
| 2/17/2025 | Contingent | $289,900$195/sqft |
Source:  REIN Inc. #10565321 Report a problem | ||
| 1/8/2025 | Listed for sale | $289,900$195/sqft |
Source: REIN Inc. #10565321 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,015 +3.5% | $281,800 +3.5% |
| 2024 | $2,914 +0.7% | $272,300 +2.6% |
| 2023 | $2,894 +12.7% | $265,500 +12.7% |
| 2022 | $2,568 +14% | $235,600 +16.1% |
| 2021 | $2,253 +14% | $203,000 +14% |
| 2020 | $1,977 +3.7% | $178,100 +3.7% |
| 2019 | $1,907 | $171,800 |
| 2018 | $1,907 +1297.7% | $171,800 +2.9% |
| 2017 | $136 | $167,000 +3.1% |
| 2016 | $136 | $162,000 |
| 2015 | $136 | $162,000 |
| 2014 | $136 | $162,000 |
| 2013 | -- | $162,000 |
| 2012 | -- | $162,000 -3% |
| 2011 | -- | $167,000 -2.8% |
| 2010 | -- | $171,800 -5.9% |
| 2009 | $1,661 | $182,500 |
| 2008 | $1,661 +9.3% | $182,500 +12.9% |
| 2007 | $1,520 | $161,700 +40% |
| 2005 | -- | $115,500 +13.9% |
| 2004 | -- | $101,400 +22.5% |
| 2003 | -- | $82,800 +15.3% |
| 2002 | -- | $71,800 |
| 2001 | -- | $71,800 |
Find assessor info on the county website
Neighborhood: 23434
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Nearby schools
GreatSchools rating
- 5/10Kilby Shores Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 5/10Forest Glen Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Lakeland High SchoolGrades: 9-12Distance: 0.9 mi
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- Virginia
- Suffolk City
- Suffolk
- 23434
- 109 Lakewood Dr
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