Home/Virginia/Norfolk/LAKEWOOD/5612 Lakewood DR, NORFOLK VA 23509
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Coming Soon
Active
Under Contract
Sold

7 days on market

$470,000

5612 Lakewood Dr

Norfolk, Virginia 23509

MLS# 10624772 · LAKEWOOD · Norfolk VA

Updated May 4, 2026 · Source: REIN MLS

Est. payment

$2,988/mo

Edit below

Price / sq ft

$310

1,514 sq ft

Days on market

7

New listing

HOA

None

Year built

1952

74 yrs old

Beds

3

Full Baths

2

Half Baths

0

Sq Ft

1,514

Garage

Yes

ResidentialRanch,Transitional1 StorySingle FamilyWaterfront — Not Waterfront

Schools

Info provided by GreatSchools

About this home

Welcome to Historic Lakewood, one of Norfolk's most beloved neighborhoods known for its tree-lined streets & strong sense of community. This charming 3-bedroom, 2-bath brick ranch offers low-maintenance living with gorgeous hardwood floors and thoughtful updates throughout. Situated on an expansive lot w/brand-new privacy fencing, the beautifully landscaped backyard offers endless possibilities for outdoor living and…

Listed by Colleen Kovach · Own Real Estate LLC

Location & Neighborhood

Location & Street View

5612 Lakewood DR, Norfolk

Map and Street View imagery © Google. Imagery may not be current.

Map data ©Google. Click and drag inside the map to explore the surrounding area.

Flood Risk

Looking up FEMA flood zone…

Property Details

Bedrooms

3

Full Baths

2

Half Baths

0

Approx Sq Ft

1,514

Stories

1

Fireplaces

0

Flooring

Carpet, Ceramic, Wood

Heating

Cooling

Laundry

Interior Features

Fireplace Gas-natural, Fireplace Wood, Pull Down Attic Stairs, Window Treatments

Appliances

Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer

Sale & Tax History

List Price

$470,000

Price / Sq Ft

$310

Annual Taxes

$4,950

Monthly Tax

$413

HOA

None

Tax Rate (effective)

1.05%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 3, 2026$470,000
Currently listed$470,000

Public-Records Assessment

Source: Norfolk via Hampton Roads Regional Parcels. Fetched May 8, 2026.

43% above assessment

Total Assessed

$328,900

Land

$106,500

Improvement

$222,400

Parcel ID: 1439523003 · View on city GIS portal

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Norfolk Real Estate Assessor

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

About buying in Norfolk

Norfolk offers some of the most diverse housing options in Hampton Roads — historic Ghent townhomes, Larchmont craftsmen, modern downtown condos, and bungalow neighborhoods in Park Place and Colonial Place. As home to Naval Station Norfolk (the largest naval complex in the world) and the headquarters of NATO Allied Command Transformation, the city has consistent demand from active-duty military, DoD civilians, and contractors, making it especially friendly to VA loan buyers.

See more Norfolk homes for sale →

Military Commute

Drive times to nearest bases

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

Estimate your monthly payment

$2,988/mo

Principal & interest

$2,439

Property tax

$413

Home insurance

$137

PMI

None

HOA

None

Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Listed by Own Real Estate LLC · MLS# 10624772

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

OFF MARKET

$470,000

5612 Lakewood DR, NORFOLK VA 23509

Norfolk, Virginia 23509

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Quick Facts

TypeResidential
Year Built1952
Lot Size0.2385
Taxes$4,950/yr
HOANone
Heating
Cooling

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