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5951 Lakemont Dr

Roanoke, VA 24018

3 bd 3 ba 3,530 sqft Built 1978 Lot 29,621 sqft single_family
Most recent sale
$505,000
Aug 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 18, 2022 Sold $505,000 MLS #890884
Jul 8, 2022 Listed $499,900 MLS #890884
Oct 3, 2019 Sold $310,000 MLS #858745
Aug 8, 2019 Price changed $318,500 MLS #858745
May 31, 2019 Price changed $329,900 MLS #858745
May 3, 2019 Listed $334,500 MLS #858745
Nov 1, 1987 Sold $164,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $423,500 $76,000 $499,500 $5,144
2023 $381,900 $66,500 $448,400 $4,753
2022 $273,400 $54,000 $327,400 $3,568
2021 $254,900 $49,500 $304,400 $3,318
2020 $253,100 $49,500 $302,600 $3,298
2018 $221,100 $49,500 $270,600 $2,950
2017 $208,000 $49,500 $257,500 $2,807
2016 $205,500 $49,500 $255,000 $2,780
2015 $205,700 $49,500 $255,200 $2,782
2014 $205,700 $49,500 $255,200 $2,782
2013 $205,700 $49,500 $255,200 $2,782
2012 $211,200 $49,500 $260,700 $2,842
2011 $213,900 $49,500 $263,400 $2,871
2010 $213,700 $49,500 $263,200 $2,869
2009 $212,100 $49,500 $261,600 $2,863
2008 $212,100 $49,500 $261,600 $3,113
2007 $200,400 $45,000 $245,400 $2,674

Property facts

Year built
1978
Property type
single_family
Stories
Beds
3
Baths
3
Living area
3,530 sqft
Lot size
29,621 sqft
ZIP code
24018
City
Roanoke
Street
Lakemont Dr
Coordinates
37.25438, -80.04389

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,295
Gross rental yield
12.58%
Implied cap rate
8.18%
Trend-extrapolated value

Frequently asked questions

When did 5951 Lakemont Dr last sell?
5951 Lakemont Dr most recently sold on Aug 18, 2022 for $505,000.
What is the current tax assessment for 5951 Lakemont Dr?
The most recent total assessment for 5951 Lakemont Dr (year 2025) is $499,500 with $5,144 in property tax.
How does 5951 Lakemont Dr's assessment compare to its last sale price?
The current assessment is 1.1% below the last sale price of $505,000.
When was 5951 Lakemont Dr built?
5951 Lakemont Dr was built in 1978.
How does 5951 Lakemont Dr compare to others on Lakemont Dr?
We track 8 other properties on Lakemont Dr. Browse the list under "Other properties on Lakemont Dr" to compare beds, baths, and sale history.
What are the property facts for 5951 Lakemont Dr?
5951 Lakemont Dr is a 3 bed, 3 bath, 3,530 sqft, 29,621 sqft lot single_family.
Is 5951 Lakemont Dr a flip candidate?
No — 5951 Lakemont Dr does not appear in our flips dataset.
Is 5951 Lakemont Dr a tax-appeal candidate?
No — 5951 Lakemont Dr 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
+0.7%
Implied 1-yr
+3.0%
2026 Q3
$409.7K
2026 Q4
$412.5K
ZIP 24018 — Median Price History + Forecast

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