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489 Lake Cir

Chesapeake, VA 23322

3 bd 2 ba 1,570 sqft Built 1987 Lot 668 sqft condo
Most recent sale
$219,900
Oct 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 13, 2022 Sold $219,900 Public Record
Sep 4, 2022 Listed $219,900 MLS #10455009
May 17, 2013 Listing removed $1,350 HamptonRoads
May 10, 2013 Price changed for rent $1,350 HamptonRoads
Apr 17, 2013 Listed for rent $1,395 HamptonRoads
Jul 18, 2003 Sold $125,000 Public Record
Aug 3, 1993 Sold $81,000 Public Record
Jun 25, 1987 Sold $83,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $170,400 $95,000 $265,400 $2,680
2023 $145,500 $75,000 $220,500 $2,227
2022 $145,800 $60,000 $205,800 $2,078
2021 $132,300 $45,000 $177,300 $1,862
2020 $129,200 $40,000 $169,200 $1,777
2019 $129,200 $35,000 $164,200 $1,724
2018 $126,700 $35,000 $161,700 $1,698
2017 $116,800 $35,000 $151,800 $1,594
2016 $114,500 $35,000 $149,500 $1,570
2015 $123,100 $40,000 $163,100 $1,713
2014 $129,000 $40,000 $169,000 $1,775
2013 $129,000 $40,000 $169,000 $1,775
2012 $129,000 $40,000 $169,000 $1,775
2011 $132,100 $40,000 $172,100 $1,807
2010 $139,500 $40,000 $179,500 $1,885
2009 $153,400 $40,000 $193,400 $2,031
2008 $147,800 $40,000 $187,800 $1,972
2007 $138,400 $30,000 $168,400 $1,785

Property facts

Year built
1987
Property type
condo
Stories
1
Beds
3
Baths
2
Living area
1,570 sqft
Lot size
668 sqft
ZIP code
23322
City
Chesapeake
Street
Lake Cir
Coordinates
36.70962, -76.25489

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,355
Gross rental yield
12.85%
Implied cap rate
8.35%
Trend-extrapolated value

Frequently asked questions

When did 489 Lake Cir last sell?
489 Lake Cir most recently sold on Oct 13, 2022 for $219,900.
What is the current tax assessment for 489 Lake Cir?
The most recent total assessment for 489 Lake Cir (year 2025) is $265,400 with $2,680 in property tax.
How does 489 Lake Cir's assessment compare to its last sale price?
The current assessment is 20.7% above the last sale price of $219,900.
When was 489 Lake Cir built?
489 Lake Cir was built in 1987.
How does 489 Lake Cir compare to others on Lake Cir?
We track 8 other properties on Lake Cir. Browse the list under "Other properties on Lake Cir" to compare beds, baths, and sale history.
What are the property facts for 489 Lake Cir?
489 Lake Cir is a 3 bed, 2 bath, 1,570 sqft, 668 sqft lot condo.
Is 489 Lake Cir a flip candidate?
No — 489 Lake Cir does not appear in our flips dataset.
Is 489 Lake Cir a tax-appeal candidate?
No — 489 Lake Cir is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+9.9%
2026 Q3
$665.5K
2026 Q4
$679.8K
ZIP 23322 — Median Price History + Forecast

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