5088 Gatehouse Way Virginia Beach, VA 23455
Lake Shores NeighborhoodEstimated payment $1,764/month
Total Views
23,693
2
Beds
2
Baths
1,243
Sq Ft
$193
Price per Sq Ft
Highlights
- Cathedral Ceiling
- Wood Flooring
- Loft
- Shelton Park Elementary School Rated A-
- Main Floor Primary Bedroom
- Breakfast Area or Nook
About This Home
This is a great condo community close to shopping, restaurants, military bases and Chicks Beach! 2 large bedrooms and 2 baths. Soaring cathedral ceilings and a loft that could be used as a 3rd bedroom or office/playroom. Come and see it today! *New HVAC 2024*
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,920
Year Built
- Built in 1988
HOA Fees
- $290 Monthly HOA Fees
Home Design
- Property Attached
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- 1,243 Sq Ft Home
- 2-Story Property
- Bar
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Window Treatments
- Loft
- Storage Room
- Washer
- Utility Room
Kitchen
- Breakfast Area or Nook
- Electric Range
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 2 Full Bathrooms
Parking
- 1 Car Parking Space
- Parking Lot
- Assigned Parking
Outdoor Features
- Balcony
- Porch
Schools
- Shelton Park Elementary School
- Independence Middle School
- Bayside High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
Overview
- United Property Association 757 497 5752 Association
- Low-Rise Condominium
- Lake Shores 135 Subdivision
- On-Site Maintenance
Amenities
- Door to Door Trash Pickup
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,920 | $197,900 | $67,000 | $130,900 |
| 2023 | $1,745 | $176,300 | $56,000 | $120,300 |
| 2022 | $1,532 | $154,700 | $50,000 | $104,700 |
| 2021 | $1,463 | $147,800 | $50,000 | $97,800 |
| 2020 | $1,347 | $132,400 | $49,200 | $83,200 |
| 2019 | $1,262 | $123,100 | $49,200 | $73,900 |
| 2018 | $1,234 | $123,100 | $49,200 | $73,900 |
| 2017 | $1,220 | $121,700 | $48,700 | $73,000 |
| 2016 | $1,268 | $128,100 | $48,700 | $79,400 |
| 2015 | $1,252 | $126,500 | $49,900 | $76,600 |
| 2014 | $1,230 | $124,900 | $48,700 | $76,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Price Changed | $240,000 | -2.0% | $193 / Sq Ft |
| 05/23/2025 05/23/25 | Price Changed | $245,000 | -2.0% | $197 / Sq Ft |
| 04/11/2025 04/11/25 | For Sale | $250,000 | -- | $201 / Sq Ft |
Source: Real Estate Information Network (REIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $155,000 | -- | |
| Deed | $74,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $93,000 | New Conventional | |
| Previous Owner | $68,820 | No Value Available |
Source: Public Records
Similar Homes in Virginia Beach, VA
Source: Real Estate Information Network (REIN)
MLS Number: 10578173
APN: 1469-97-0777-5088
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