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5068 Gatehouse Way

Virginia Beach, VA 23455

2 bd 2 ba 1,045 sqft Built 1988 condo
Most recent sale
$199,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $199,000 Public Record
Apr 20, 2022 Price changed $199,000 MLS #10430442
Apr 9, 2022 Listed $210,000 MLS #10430442
Jun 24, 2019 Sold $125,000 Public Record
Apr 5, 2019 Listed $127,000 MLS #10250973
Jan 12, 2017 Listing removed $1,000 HamptonRoads
Jan 1, 2017 Listed for rent $1,000 HamptonRoads
Dec 24, 2014 Listing removed $1,000 HamptonRoads
Dec 11, 2014 Price changed for rent $1,000 HamptonRoads
Oct 13, 2014 Price changed for rent $1,095 HamptonRoads
Oct 1, 2014 Listed for rent $1,175 HamptonRoads
Sep 27, 2014 Listing removed $1,175 HamptonRoads
Aug 20, 2014 Price changed for rent $1,175 HamptonRoads
Jun 27, 2014 Listed for rent $1,200 HamptonRoads
Aug 17, 2012 Sold $124,950 Public Record
Jun 8, 2012 Listing removed $124,950 HamptonRoads
Sep 14, 2011 Listed $124,950 MLS #1136311
Sep 2, 1988 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $148,900 $67,000 $215,900 $2,094
2024 $148,900 $67,000 $215,900 $2,001
2023 $124,800 $56,000 $180,800 $1,789
2022 $89,400 $50,000 $139,400 $1,380
2021 $83,500 $50,000 $133,500 $1,322
2020 $71,000 $49,200 $120,200 $1,223
2019 $62,600 $49,200 $111,800 $1,146
2018 $62,600 $49,200 $111,800 $1,121
2017 $61,800 $48,700 $110,500 $1,108
2016 $67,300 $48,700 $116,000 $1,148
2015 $64,900 $49,900 $114,800 $1,137
2014 $64,200 $48,700 $112,900 $1,050
2013 $68,500 $51,000 $119,500 $1,111
2012 $76,300 $56,800 $133,100 $1,264
2011 $76,300 $56,800 $133,100 $1,185
2010 $83,500 $59,700 $143,200 $1,274
2009 $94,600 $63,800 $158,400 $1,410
2008 $106,625 $58,000 $164,625 $1,465
2007 $106,625 $58,000 $164,625 $1,465

Property facts

Year built
1988
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,045 sqft
Lot size
ZIP code
23455
City
Virginia Beach
Street
Gatehouse Way
Coordinates
36.90645, -76.15321

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
$1,568
Gross rental yield
9.46%
Implied cap rate
6.15%
Trend-extrapolated value

Frequently asked questions

When did 5068 Gatehouse Way last sell?
5068 Gatehouse Way most recently sold on May 26, 2022 for $199,000.
What is the current tax assessment for 5068 Gatehouse Way?
The most recent total assessment for 5068 Gatehouse Way (year 2025) is $215,900 with $2,094 in property tax.
How does 5068 Gatehouse Way's assessment compare to its last sale price?
The current assessment is 8.5% above the last sale price of $199,000.
When was 5068 Gatehouse Way built?
5068 Gatehouse Way was built in 1988.
How does 5068 Gatehouse Way compare to others on Gatehouse Way?
We track 8 other properties on Gatehouse Way. Browse the list under "Other properties on Gatehouse Way" to compare beds, baths, and sale history.
What are the property facts for 5068 Gatehouse Way?
5068 Gatehouse Way is a 2 bed, 2 bath, 1,045 sqft condo.
Is 5068 Gatehouse Way a flip candidate?
No — 5068 Gatehouse Way does not appear in our flips dataset.
Is 5068 Gatehouse Way a tax-appeal candidate?
No — 5068 Gatehouse Way 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
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$514.5K
2026 Q4
$523.2K
ZIP 23455 — Median Price History + Forecast

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