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Sold for $475,000
  • $475,000

    5400 Lakewood Dr, Norfolk, VA 23509

    0beds
    0baths
    2,572sqft
    SingleFamily
    Built in 1949
    0.34 Acres Lot
    $541,700 Zestimate®
    $185/sqft
    $2,890 Estimated rent

    Home value

    $541,700

    $515,000 - $569,000

    $2,890/mo

    Zestimate® history
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    What's special

    With clear title! Financing can be utilized if pre-approved prior to bidding. There is a buyer's premium of 1% added to the highest winning bid. The buyer's premium is made payable from the buyer to auctioneer at closing and final settlement. This is NOT a distressed sale. Public online only auction of 5400 Lakewood Dr, Norfolk, VA 23509. GPIN: 1439409929. Legal Description: Lots 5,6,7,8 & 43, Blk 22, Lakewood. This online auction may occur on Wednesday 9-23-2020 or sooner. Please register and make your highest absentee bid today. Beautiful all brick ranch home in the heart of the Lakewood Area of Norfolk. Close proximity to both downtown Norfolk and area Interstates. The property is well maintained, it features 3 bedrooms, 2.5 baths, recents updates, granite kitchen countertops, one car garage, nearby city parks and playgrounds, the house is located across the street from a city owned "open space" which is open to the public for dog walking and recreational activities. The back yard has nice 6 foot privacy fence, great for pets, kids, and cookouts. This is a must see property. 3 bedrooms, 3 baths, at 2,572 square feet. For simplicity, the starting bid and reserve are just $300,000.00 United States dollars. Please contact Colonel Johnny Bartman to schedule an appointment for a showing. This property is offered as is where is. All financing must be obtained and desired inspections completed before bidding. Proof of funds are required at the time of bidder registration. An immediate deposit and any remaining funds are due within the time period specified in the auction agreement. The terms and conditions as stated in the official auction agreement shall apply. Please contact us for a copy of the auction terms and conditions as well as the auction contract. Virginia Auction license # 2908001031 and 2907004527.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dryer, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Carpet
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,572 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: 02705200

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Conventional
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1949

    Community & HOA

    Location
    • Region: Norfolk

    Financial & listing details

    • Price per square foot: $185/sqft
    • Tax assessed value: $482,100
    • Annual tax amount: $5,930

    Price history

    DateEventPrice
    5/7/2024Sold$475,000$185/sqft
    Source: Public Record Report a problem
    4/12/2024Contingent$475,000$185/sqft
    Source: REIN Inc. #10526415 Report a problem
    4/4/2024Listed for sale$475,000+37.7%$185/sqft
    Source: REIN Inc. #10526415 Report a problem
    9/16/2020Sold$345,000+15%$134/sqft
    Source: Public Record Report a problem
    6/28/2020Price change$300,000-16.4%$117/sqft
    Source: PassionateAuctioneer.com #10911731 Report a problem
    3/10/2020Listed for sale$359,000+10.5%$140/sqft
    Source: Owner Report a problem
    11/4/2019Listing removed$325,000$126/sqft
    Source: United Brokers LTD #10258444 Report a problem
    5/13/2019Listed for sale$325,000+8.4%$126/sqft
    Source: United Brokers LTD #10258444 Report a problem
    4/4/2019Listing removed$299,900$117/sqft
    Source: United Brokers LTD #10235261 Report a problem
    3/4/2019Price change$299,900-6.3%$117/sqft
    Source: United Brokers LTD #10235261 Report a problem
    1/11/2019Price change$319,900+6.7%$124/sqft
    Source: United Brokers LTD #10235261 Report a problem
    11/13/2018Price change$299,900-6.1%$117/sqft
    Source: United Brokers LTD #10202355 Report a problem
    11/13/2018Pending sale$319,500$124/sqft
    Source: United Brokers LTD #10202355 Report a problem
    8/23/2018Price change$319,500-1.7%$124/sqft
    Source: United Brokers LTD #10202355 Report a problem
    6/27/2018Listed for sale$324,900$126/sqft
    Source: United Brokers LTD #10202355 Report a problem
    4/20/2018Listing removed$324,900$126/sqft
    Source: AtCoastal Realty #10183318 Report a problem
    4/2/2018Price change$324,900-1.5%$126/sqft
    Source: AtCoastal Realty #10183318 Report a problem
    3/20/2018Listed for sale$329,900$128/sqft
    Source: AtCoastal Realty #10183318 Report a problem
    2/1/2017Listing removed$329,900$128/sqft
    Source: Wainwright Real Estate #1553079 Report a problem
    8/12/2016Price change$329,900-3.7%$128/sqft
    Source: Wainwright Real Estate #1553079 Report a problem
    5/5/2016Price change$342,500-0.6%$133/sqft
    Source: Wainwright Real Estate #1553079 Report a problem
    3/24/2016Price change$344,450-0.4%$134/sqft
    Source: Wainwright Real Estate #1553079 Report a problem
    3/15/2016Price change$346,000-1.1%$135/sqft
    Source: Wainwright Real Estate #1553079 Report a problem
    2/10/2016Price change$349,900-2.7%$136/sqft
    Source: Wainwright Real Estate #1553079 Report a problem
    1/28/2016Price change$359,500-0.1%$140/sqft
    Source: Wainwright Real Estate #1553079 Report a problem
    11/30/2015Listed for sale$359,900+80%$140/sqft
    Source: Wainwright Real Estate #1553079 Report a problem
    4/18/2008Sold$200,000$78/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,930 +0.5%$482,100 +0.5%
    2024$5,900 +11.6%$479,700 +13.4%
    2023$5,289 +5.6%$423,100 +5.6%
    2022$5,008 +7.2%$400,600 +7.2%
    2021$4,673 -1%$373,800 -1%
    2020$4,721 +0.6%$377,700 +0.6%
    2019$4,693 +4%$375,400 +4%
    2018$4,513 +11.2%$361,000 +0.4%
    2017$4,060 $359,600 +6.3%
    2016$4,060 +5.1%$338,400
    2015$3,863 $338,400
    2014$3,863 $338,400
    2013-- $338,400
    2012-- $338,400 -5.9%
    2011-- $359,700 -9.4%
    2010-- $396,900
    2009-- $396,900 -10.4%
    2008-- $442,900 +1.1%
    2007-- $438,100 +11.4%
    2006-- $393,100 +32.1%
    2005-- $297,500 +34.6%
    2004-- $221,000
    2003-- $221,000 +15%
    2002-- $192,200
    2001-- $192,200 +4.3%
    2000-- $184,200
    Find assessor info on the county website

    Neighborhood: Lakewood

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Willard Model Elementary
    • High: Maury

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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