For sale

$430,000

320 Oak Lake Ter, Chesapeake, VA 23320

5beds

2,300sqft

$3,047/mo

Get pre-qualified

Condominium

Built in 1994

-- sqft lot

$431,900 Zestimate^®

$187/sqft

$165/mo HOA

What's special

Move-in-ready interiorFully fenced backyardBrick patioShed for additional storageModern finishesOpen-concept layoutBeautifully updated

Welcome to 320 Oak Lake Terrace. This beautifully updated 5-bedroom, 2.5-bathroom home offers approximately 2,300 square feet of living space. The move-in-ready interior features an open-concept layout, a custom upgraded kitchen, modern finishes, barn doors, and updated flooring throughout generous living areas. Upstairs includes a large primary suite with a walk-in closet and private en-suite bath, plus four additional bedrooms that may be used as guest rooms, an office, or flex space. Outside, the fully fenced backyard offers a brick patio and a shed for additional storage. Conveniently located minutes from Greenbrier and Battlefield shopping and dining, major interstates, and area military bases.

16 days
452
29

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Gas Water Heater
Laundry: Dryer Hookup, Washer Hookup

Features

Ceiling Fan(s)
Flooring: Carpet, Laminate/LVP, Vinyl
Number of fireplaces: 1
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 2,300 sqft

Property

Parking

Total spaces: 1
Parking features: Garage Att 1 Car, Multi Car, Driveway, On Street, Garage Door Opener
Attached garage spaces: 1
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Pool features: None
Fencing: Back Yard,Privacy,Wood,Fenced
Waterfront features: Not Waterfront

Lot

Size: 4,565 Square Feet

Details

Parcel number: 0375003000100
Zoning: RMF1
Other equipment: Backup Generator

Construction

Type & style

Home type: Condo
Architectural style: Transitional
Property subtype: Condominium

Materials

Vinyl Siding
Foundation: Slab
Roof: Asphalt Shingle

Condition

New construction: No
Year built: 1994

Utilities & green energy

Sewer: City/County
Water: City/County

Community & HOA

Community

Subdivision: Knells Ridge

HOA

Has HOA: Yes
Amenities included: Landscaping, Trash
Second HOA fee: $165 monthly

Location

Region: Chesapeake

Financial & listing details

Price per square foot: $187/sqft
Tax assessed value: $353,200
Annual tax amount: $3,567
Date on market: 9/2/2026

Estimated market value

$431,900

$410,000 - $453,000

$2,819/mo

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$3,567 +1.4%	$353,200 +1.4%
2024	$3,519 +13.3%	$348,400 +13.3%
2023	$3,107 +10.3%	$307,600 +14.6%
2022	$2,817 +4.5%	$268,300 +4.5%
2021	$2,696	$256,800 +9.2%
2020	--	$235,100 +2.9%
2019	$2,399	$228,500
2018	$2,399 +4.8%	$228,500 +4.8%
2017	$2,290 -3%	$218,100 -3%
2016	$2,361	$224,900
2015	$2,361	$224,900
2014	$2,361 0%	$224,900
2013	$2,361 +2.2%	$224,900 +2.2%
2012	$2,311 -0.8%	$220,100 -0.8%
2011	$2,329 -2.4%	$221,800 -2.4%
2010	$2,386 -7.3%	$227,200 -7.3%
2009	$2,574 -3.5%	$245,100 -3.5%
2008	$2,666 -4.6%	$253,900 -3.7%
2007	$2,795 +5.5%	$263,700 +10.5%
2006	$2,650 +47.6%	$238,700 +70.3%
2004	$1,795 +5.1%	$140,200 +5.1%
2003	$1,708 +5.9%	$133,400 +5.9%
2002	$1,613 +4%	$126,000 +4%
2001	$1,551	$121,200