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515 Lake Cir

Chesapeake, VA 23322

2 bd 2 ba 1,238 sqft Built 1986 Lot 1,048 sqft condo
Most recent sale
$205,000
Jul 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 2, 2025 Sold $278,000 Public Record
Apr 20, 2025 Listed $280,000 HamptonRoads
Jul 26, 2022 Sold $205,000 Public Record
Jun 9, 2022 Relisted $220,000 MLS #10439232
May 31, 2022 Listed $220,000 MLS #10439232
May 20, 2022 Listed for rent $1,650 HamptonRoads
May 16, 2022 Listed for rent $1,650 AppfolioUnits
Apr 2, 2014 Sold $96,500 Public Record
Mar 14, 2014 Listing removed $121,000 HamptonRoads
Dec 31, 2013 Listed $121,000 MLS #1351763
Dec 16, 2013 Sold $128,770 Public Record
Oct 21, 2008 Sold $175,500 Public Record
Feb 6, 2007 Sold $150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $150,100 $95,000 $245,100 $2,475
2023 $116,900 $75,000 $191,900 $1,938
2022 $116,400 $60,000 $176,400 $1,781
2021 $104,200 $45,000 $149,200 $1,567
2020 $101,800 $40,000 $141,800 $1,489
2019 $101,800 $35,000 $136,800 $1,436
2018 $99,900 $35,000 $134,900 $1,416
2017 $97,900 $35,000 $132,900 $1,395
2016 $96,000 $35,000 $131,000 $1,376
2015 $103,200 $40,000 $143,200 $1,504
2014 $108,400 $40,000 $148,400 $1,558
2013 $108,400 $40,000 $148,400 $1,558
2012 $108,400 $40,000 $148,400 $1,558
2011 $111,300 $40,000 $151,300 $1,589
2010 $117,500 $40,000 $157,500 $1,654
2009 $129,200 $40,000 $169,200 $1,777
2008 $124,500 $40,000 $164,500 $1,727
2007 $127,700 $30,000 $157,700 $1,671

Property facts

Year built
1986
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,238 sqft
Lot size
1,048 sqft
ZIP code
23322
City
Chesapeake
Street
Lake Cir
Coordinates
36.70982, -76.25579

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,857
Gross rental yield
10.87%
Implied cap rate
7.07%
Trend-extrapolated value

Frequently asked questions

When did 515 Lake Cir last sell?
515 Lake Cir most recently sold on Jul 26, 2022 for $205,000.
What is the current tax assessment for 515 Lake Cir?
The most recent total assessment for 515 Lake Cir (year 2025) is $245,100 with $2,475 in property tax.
How does 515 Lake Cir's assessment compare to its last sale price?
The current assessment is 19.6% above the last sale price of $205,000.
When was 515 Lake Cir built?
515 Lake Cir was built in 1986.
How does 515 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 515 Lake Cir?
515 Lake Cir is a 2 bed, 2 bath, 1,238 sqft, 1,048 sqft lot condo.
Is 515 Lake Cir a flip candidate?
No — 515 Lake Cir does not appear in our flips dataset.
Is 515 Lake Cir a tax-appeal candidate?
No — 515 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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