NOT LISTED FOR SALE

515 E Lake Cir Unit 515 Chesapeake, VA 23322

Great Bridge Neighborhood

Estimated Value: $261,000 - $283,000

2 Beds
2 Baths
1,238 Sq Ft
$221/Sq Ft Est. Value

About This Home

This home is located at 515 E Lake Cir Unit 515, Chesapeake, VA 23322 and is currently estimated at $272,990, approximately $220 per square foot. 515 E Lake Cir Unit 515 is a home located in Chesapeake City with nearby schools including Great Bridge Primary School, Great Bridge Intermediate School, and Great Bridge Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2025
Sold by
Spear Lynn Patrice
Bought by
Ohara Spencer and Sears Madelyn J
Current Estimated Value
$272,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,964
Outstanding Balance
$272,266
Interest Rate
6.83%
Mortgage Type
FHA
Estimated Equity
$724

Purchase Details

Closed on
Aug 4, 2023
Sold by
Spear Lynn Patrice
Bought by
Spear Lynn Patrice and Coyne Carla

Purchase Details

Closed on
Jul 13, 2022
Sold by
Smith Ii Glenn E
Bought by
Spear Lynn Patrice

Purchase Details

Closed on
Mar 31, 2014
Sold by
Secretary Hud Of Washington Dc
Bought by
Smith Freda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,542
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2013
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of H U D

Purchase Details

Closed on
Aug 15, 2013
Sold by
Equity Trustees Llc Sub Tr and Farzaneh Jessica R
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 22, 2007
Sold by
Ritter Susan Z
Bought by
Wilson Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ohara Spencer $278,000 Fidelity National Title
Spear Lynn Patrice -- None Listed On Document
Spear Lynn Patrice $205,000 None Listed On Document
Smith Freda M $96,500 --
Secretary Of H U D $128,770 --
Wells Fargo Bank Na $128,770 --
Wilson Robert L $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohara Spencer $272,964
Previous Owner Smith Freda M $96,542
Previous Owner Wilson Robert L $120,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $2,066 $245,100 $95,000 $150,100
2024 $2,066 $204,600 $85,000 $119,600
2023 $1,767 $191,900 $75,000 $116,900
2022 $1,782 $176,400 $60,000 $116,400
2021 $1,567 $149,200 $45,000 $104,200
2020 $1,489 $141,800 $40,000 $101,800
2019 $1,436 $136,800 $35,000 $101,800
2018 $1,416 $134,900 $35,000 $99,900
2017 $1,395 $132,900 $35,000 $97,900
2016 $1,376 $131,000 $35,000 $96,000
2015 $1,504 $143,200 $40,000 $103,200
2014 $1,558 $148,400 $40,000 $108,400
Source: Public Records

Map

Virginia Chesapeake County Chesapeake 23322 Great Bridge

515 E Lake Cir Unit 515, Chesapeake, VA

This home is located at 515 E Lake Cir Unit 515, Chesapeake, VA 23322 and is currently estimated at $272,990, approximately $220 per square foot. 515 E Lake Cir Unit 515 is a home located in Chesapeake City with nearby schools including Great Bridge Primary School, Great Bridge Intermediate School, and Great Bridge Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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