Check Availability

5000 Lake Circle

5000 Lake Circle, Portsmouth, VA 23703
Property in Portsmouth
Sold Jan 26, 2021
$362,000
$375,032 by Veterans United Home Loans
Mortgage
Local assessors in Portsmouth, VA have categorized 5000 Lake Circle as a residential type of property. The property's lot size has been calculated to be 3,485 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5000 Lake Circle was last sold in Jan 5, 2021 for $362,000. Current property owners are expected to pay $54 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2015. The property on 5000 Lake Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,320. To break that down further, the land itself was valued at $4,320. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STERLING POINT
  • Land Acres: 0.08
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: B REVISED GREEN ACRES 12

Ownership

  • Current Owner : KLAMAR NICHOLAS S
  • Current Owner 2: KLAMAR DESIRAE
  • Previous Owner : MORELAND KEVIN ANDREW
  • Previous Owner 2: MORELAND JENNIFER K

Neighborhood

  • School District Name: Portsmouth City Public Schools
  • Census Tract: 213002

Zoning

  • Zoning: GR

Geography

  • Parcel: 0782-0110
  • Latitude: 36.8438
  • Longitude: -76.3838

    Address

  • Full Address: 5000 Lake Cir
  • Address - House Number: 5000
  • Address - Street Name: Lake
  • Address - Suffix Type: Cir
  • State: VA
  • City Name: Portsmouth
  • Carrier Code: C001
  • 4-Digit Zip Code: 5207
  • Zip Code: 23703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $54
  • Intital Tax Deliquent Year: 2015

    Appraisal Valuation

  • Standard Deviation: 0.145
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 70
  • Final Value: 27,648
  • High Value: 31,658
  • Low Value: 23,637

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,032
  • First Open Lien Mortgage Lender: VETERANS UNITED HOME LOANS
  • First Open Lien Mortgage Recording Date: Jan 26, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $375,032
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $4,320
  • Market Land Value: $4,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,320
  • Assessed Land Value: $4,320

    Sales

  • Current Sale Contract Date: Jan 05, 2021
  • Current Sale Recording Date: Jan 26, 2021
  • Current Sale Transaction ID: 11816552092
  • Current Sale Price: $362,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100917

    Last Sale Mortgage

  • First Mortgage Lender: VETERANS UNITED HOME LOANS
  • First Mortgage Transaction Date: Jan 26, 2021
  • First Mortgage Loan Amount: $375,032
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Portsmouth



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 4000 Breakwater Drive, Portsmouth, VA, 23703

$1,995 /mo

  • 4 Beds
  • 2.5 Baths
  • 1,968 ft²
4000 Breakwater Drive, Portsmouth, VA, 23703 Listing by Jackie Thomas

Frequently Asked Questions

What neighborhood is 5000 Lake Circle located in?
The 5000 Lake Circle is a located in the neighborhood of Portsmouth in Portsmouth, Portsmouth.
What is the average sales price for listings in 5000 Lake Circle?
The average sales price for units in 5000 Lake Circle is $0 currently.

Quantcast