Seller's Agent in 2025
Cheryl Hickok
BHHS RW Towne Realty
(757) 717-7325
2 in this area
100 Total Sales
513 Lake Dr Virginia Beach, VA 23451
Oceanfront Neighborhood
4
Beds
2.5
Baths
1,800
Sq Ft
6,403
Sq Ft Lot
Highlights
- Lake Front
- Craftsman Architecture
- Marble Flooring
- W.T. Cooke Elementary School Rated A-
- Deck
- Attic
About This Home
As of June 2025Discover the best of both worlds at this charming lakefront home with easy access to the beach! Imagine waking up to serene lake views and deciding between a day on the lake or a quick trip to the beach? There, you can choose which water to play in or simply relax and take in the beautiful scenery. This 4-bedroom, 2-1/2-bath home has been freshly painted and has all-new lighting. Each room is filled with natural light, so it feels open. Enjoy all the amenities Shadowlawn offers, with convenient access to nearby attractions, e.g., parks, top-rated schools, and shopping centers. This home combines comfort, style, and a prime location, making it an incredible opportunity. Sit on your deck in the backyard and watch nature surround the lake on your large deck. Don't miss your chance to make this beautiful property your own!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,958
Year Built
- Built in 1983
Lot Details
- Lake Front
- Privacy Fence
- Back Yard Fenced
Home Design
- Craftsman Architecture
- Brick Exterior Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,800 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Utility Closet
- Water Views
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Attic
- Attic Fan
- Pull Down Stairs to Attic
Parking
- 2 Car Parking Spaces
- Parking Available
- Driveway
- On-Street Parking
Accessible Home Design
- Grab Bars
Outdoor Features
- Balcony
- Deck
- Storage Shed
- Porch
Schools
- W.T. Cooke Elementary School
- Virginia Beach Middle School
- First Colonial High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Shadowlawn Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 28, 2025
Closed on
Jun 20, 2025
Sold by
Klima Debbie and Worells Joan
Bought by
Shonkwiler Darren Dennis and Botello Jesus Macias
Seller's Agent
Cheryl Hickok
BHHS RW Towne Realty
Buyer's Agent
Mary Covell
LPT Realty LLC
List Price
$700,000
Sold Price
$665,000
Premium/Discount to List
-$35,000
-5%
Views
467
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,255
Avg. Annual Appreciation
4.01%
Original Mortgage
$532,000
Outstanding Balance
$530,634
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$148,621
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $665,000 | Fidelity National Title Insura |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $532,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Sold | $665,000 | -2.9% | $369 / Sq Ft |
| 05/19/2025 05/19/25 | Pending | -- | -- | -- |
| 04/08/2025 04/08/25 | Price Changed | $684,950 | -2.2% | $381 / Sq Ft |
| 01/28/2025 01/28/25 | For Sale | $700,000 | -- | $389 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | -- | $596,300 | $370,000 | $226,300 |
| 2024 | $5,364 | $541,800 | $370,000 | $171,800 |
| 2023 | $4,958 | $500,800 | $370,000 | $130,800 |
| 2022 | $4,017 | $405,800 | $275,000 | $130,800 |
| 2021 | $3,587 | $362,300 | $275,000 | $87,300 |
| 2020 | $4,068 | $399,800 | $236,000 | $163,800 |
| 2019 | $3,720 | $371,100 | $236,000 | $135,100 |
| 2018 | $3,720 | $371,100 | $236,000 | $135,100 |
| 2017 | $3,825 | $381,500 | $236,000 | $145,500 |
| 2016 | -- | $350,300 | $236,000 | $114,300 |
| 2015 | -- | $361,400 | $241,900 | $119,500 |
| 2014 | $3,430 | $354,900 | $241,900 | $113,000 |
Source: Public Records
Agents Affiliated with this Home
-
Cheryl Hickok
-
Mary Covell
Buyer's Agent in 2025
Mary Covell
LPT Realty LLC
(757) 472-5490
2 in this area
55 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10567915
APN: 2427-04-6962
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