9 days on rocket

5100 Lake Cir, Portsmouth, VA, 23703

$465,000

Home List Price

$5,522*

Closing Credit

5 Bedrooms
3 Full Baths
3,421 SqFt
$136/SqFt
House
Schools Nearby

Location

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5100 Lake Cir, Portsmouth$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Att 2 Car, Driveway Spc
Attached GarageYes
Year Built1956
HeatingBaseboard, Hot Water, Other
CoolingCentral Air
BasementYes
WaterfrontLake Front, Pond
FireplaceDecorative
MLS #10528312
StatusActive

About 5100 Lake Cir

Indulge in lakeside serenity with this captivating split-level home boasting breathtaking sunsets and tranquil vistas. Well cared for and thoughtfully updated, this split-level home exudes charm and space beyond compare. Step into the grandeur of a formal living room adorned with a dramatic cathedral ceiling, complete w/ fireplace and built-in bookcases. The oversized primary bedroom offers a private sanctuary, featuring its own wing for undisturbed rest, complemented by a dream-worthy walk-in closet and an expansive storage room. The first floor presents versatile living options with a bedroom, full bath, and family room, ideal for in-law accommodation or lucrative rental income. Everywhere you turn, abundant storage awaits, ensuring effortless organization. Picture-perfect dinner parties await you in the formal dining room or entertain in the sunroom, where summer breezes mingle with the evening air. Delightful touches throughout the home. Welcome to your lakeside haven.

Property Details

Property Features

Property Information:

  • Architectural Style: Split-Level
  • Year Built: 1956
  • Stories: 2
  • Living Area: 3,421 SqFt

Listing Office:

  • Office Name: Judy Reed Realty
  • Listing Agent: Judy Reed

Interior Features

Interior Information:

  • Appliances: Dishwasher, /Dryer Connection, Electric Range, Refrigerator, Washer Connection
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic, Laminate/LVP, Wood
  • Interior: Bar, Cathedral Ceiling, Fireplace Decorative, Primary Sink-Double, Scuttle Access, Walk-In Attic, Walk-In Closet
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front, Pond
  • Exterior: Patio

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage Att 2 Car, Driveway Spc

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water, Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Churchland High School, Public Magnet Grades 9-12
  • Churchland Middle School, Public District Grades 7-8
  • Churchland Elementary School, Public District Grades KG-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
  • Price Per SqFt: $136/SqFt

Tax Information:

  • Annual Amount: $5,322
  • Tax Year: 2021
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Housing Market Comparison

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

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Portsmouth, VA

City

Med. Sold Price

$295K

Med. Price/SqFt

$211

Avg. Days On Market

37

# of Sold Homes

113

5100 Lake Cir vs Portsmouth

9 DAYS ON ROCKET

-28 Days

$465,000

+$170K More

$136/SqFt

-$76 Less

KEY TAKEAWAY

This property is $170K more than the Median Sold Price and $76/SqFt less than other homes in Portsmouth, VA.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10528312

Listing Office:

  • Office Name: Judy Reed Realty
  • Listing Agent: Judy Reed

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,322$409,380
2020$5,180$398,510
2019$5,142$395,540
2018$5,142$395,540
2017$5,142$395,540

History based on county public records data.

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$2,388

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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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-419302
5
/10

  • Churchland Elementary School

  • 5601 Michael Ln

  • 0.85 miles

  • Public District Grades KG-6

Middle School

school-card-donut-419303
4
/10

  • Churchland Middle School

  • 4051 River Shore Rd

  • 2.38 miles

  • Public District Grades 7-8

High School

school-card-donut-419304
5
/10

  • Churchland High School

  • 4301 Cedar Ln

  • 2.54 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 $58,379. Most Portsmouth, VA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5100 Lake Cir

What is the listing price of this property?

The listing price of 5100 Lake Cir property is $465,000.

What type of property is this?

The property 5100 Lake Cir is a house located in Portsmouth, Virginia, 23703.

Is this property for sale now?

Active Listing: 5100 Lake Cir is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5100 Lake Cir are:
Churchland Elementary School: GreatSchools Rating 5/10
Churchland Middle School: GreatSchools Rating 4/10
Churchland High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,322 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5100 Lake Cir has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5100 Lake Cir is 3,421 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5100 Lake Cir is 1956.

Rocket Homes›Virginia›Portsmouth›23703›5100 Lake Cir

This home is located at 5100 Lake Cir in Portsmouth, VA and zip code 23703 in the Sterling Point neighborhood. This 3,421 square foot home was built in 1956. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $465,000.

In March 2024, from all listings sold in Portsmouth, VA there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Portsmouth, VA increased by 11.3% between February 2024 and March 2024. While the average time on the market in March 2024 was 37 days, the median list price was $295,000.

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

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