12 days on rocket

318 Lancing Way, Chesapeake, VA, 23323

$519,000

Home List Price

$6,163*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,650 SqFt
$196/SqFt
House
Schools Nearby

Location

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318 Lancing Way, Chesapeake$519,000

Buyer Closing Credits

$6,163*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Space, Driveway Spc, Street
Year Built1999
HeatingNatural Gas, Other
CoolingCentral Air, Other, Zoned
BasementYes
MLS #10529431
Lot Size0.64 Acres
StatusActive

About 318 Lancing Way

Welcome to 318 Lancing Way, Chesapeake, VA 23323. This spacious 4-bedroom, 2.5-bathroom home features an expanded deck, stainless steel appliances in the kitchen, and a large backyard shed for ample storage. With a 4-car driveway and 2-car garage, parking is never an issue. Plus, enjoy privacy with a lot backing up to trees, providing a serene backdrop. Stay comfortable year-round with a well-maintained HVAC system and a recently replaced water heater for reliable hot water supply. The roof will be replaced by the seller. Conveniently located near shopping, dining, and recreation options, this home offers both comfort and convenience.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1999
  • Stories: 2
  • Living Area: 2,650 SqFt

Listing Office:

  • Office Name: USRealty.com LLP
  • Listing Agent: David Sweeney

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: 2 Space, Driveway Spc, Street

Lot Features

Lot Information:

  • Lot Size: 0.64 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Other
  • Cooling: Central Air, Other, Zoned

School Info

Assigned Schools Information:

  • Grassfield High School, Public Magnet Grades 9-12
  • Hugo A. Owens Middle School, Public District Grades 6-8
  • Grassfield Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Head west on Moses Grandy Trail toward Lancing Way 16 ft

Price Information

Listing Price Info

Price Summary:

  • List Price: $519,000
  • Price Per SqFt: $196/SqFt

Tax Information:

  • Annual Amount: $3,543
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Chesapeake, VA.

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Chesapeake, VA

City

Med. List Price

$436.6K

Med. Price/SqFt

$210

Avg. Days On Market

78

# of Sold Homes

286

318 Lancing Way vs Chesapeake

12 DAYS ON ROCKET

-66 Days

$519,000

+$82.3K More

$196/SqFt

-$14 Less

KEY TAKEAWAY

This property is $82.3K more than the Median List Price and $14/SqFt less than other homes in Chesapeake, VA.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #10529431

Listing Office:

  • Office Name: USRealty.com LLP
  • Listing Agent: David Sweeney

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,543$361,400
2020$3,415$337,400
2018$3,341$318,200
2017$3,317$315,900

History based on county public records data.

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$2,658

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,622

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6698323
8
/10

  • Grassfield Elementary School

  • 2248 Averill Dr

  • 2.15 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6698324
7
/10

  • Hugo A. Owens Middle School

  • 1997 Horseback Run

  • 2.08 miles

  • Public District Grades 6-8

High School

school-card-donut-6698325
9
/10

  • Grassfield High School

  • 2007 Grizzly Trl

  • 1.46 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,522. The most common annual income of people living in Chesapeake, VA is between $100k-200k. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 318 Lancing Way

What is the listing price of this property?

The listing price of 318 Lancing Way property is $519,000.

What type of property is this?

The property 318 Lancing Way is a house located in Chesapeake, Virginia, 23323.

Is this property for sale now?

Active Listing: 318 Lancing Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 318 Lancing Way are:
Grassfield Elementary School: GreatSchools Rating 8/10
Hugo A. Owens Middle School: GreatSchools Rating 7/10
Grassfield High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,543 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 318 Lancing Way has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 318 Lancing Way is 2,650 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 318 Lancing Way is 1999.

Rocket Homes›Virginia›Chesapeake›23323›318 Lancing Way

This home is located at 318 Lancing Way in Chesapeake, VA and zip code 23323 in the New Mill Landing neighborhood. This 2,650 square foot home, which was built in 1999, sits on a 0.64 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $519,000.

Between March 2024 and April 2024, Chesapeake, VA real estate market has seen increase in the number of listings by 10.1%. In April 2024 median list price was $436,693 and the average listing age was 78 days.

From Rocket Homes Real Estate and based on county public records data.

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