Google street view image for 5501 Lake Rd, Suffolk, VA 23435

OFF MARKET

$299,651

—

•

— ba

•

1,131

sq ft

5501 Lake Rd, Suffolk, VA 23435

About this home

5501 Lake Rd is a 1,131 square foot house on a 0.36 acre lot. Based on Redfin's Suffolk data, we estimate the home's value is $299,651.

Single-familyProperty Type

1972Year Built

0.36 acresLot Size

$265Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$299,651

$2,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.9% lower than the average sale price ($325K) of 6 comparable homes.

SOLD MAY 15, 2026
$343,500
A
3 beds2 baths1,356 sq ft
2833 Country Club Dr, Suffolk, VA 23435
SOLD JUN 30, 2026
$365,000
B
3 beds2 baths1,720 sq ft
2625 N Nansemond Dr, Suffolk, VA 23435
SOLD APR 23, 2026
$330,000
C
4 beds1.5 baths1,710 sq ft
2824 Country Club Dr, Suffolk, VA 23435
SOLD AUG 14, 2026
$350,000
D
3 beds2 baths1,503 sq ft
5513 Lake Rd, Suffolk, VA 23435
SOLD FEB 27, 2026
$289,000
E
4 beds1.5 baths1,419 sq ft
5517 Lake Rd, Suffolk, VA 23435
SOLD JUL 30, 2026
$275,000
F
3 beds1 bath1,014 sq ft
2800 N Nansemond Dr, Suffolk, VA 23435

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Earn from this home

Sell

$283,419

Est. take-home

List your home with Redfin and save $2,997

Market trends in 23435, VA

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

100.1%

+0.1% MoM

Median sale price

$470K

$106 MoM

Avg. days on market

53d

0 days MoM

Recently sold homes

207

15 MoM

New listings for sale

$510,000
4 beds3 baths2,350 sq ft
207 Catalpa Ct, Suffolk, VA 23435
$484,900
4 beds3 baths2,369 sq ft
120 Meridian Pl Pl, Suffolk, VA 23435
$299,999
3 beds2.5 baths1,618 sq ft
3766 Pear Orchard Way, Suffolk, VA 23435
$319,900
3 beds1.5 baths1,200 sq ft
2741 Colonial Dr, Suffolk, VA 23435
$364,900
3 beds2.5 baths2,272 sq ft
2064 Nicklaus Dr, Suffolk, VA 23435
3D WALKTHROUGH
$460,000
4 beds2.5 baths2,035 sq ft
6407 Crosswinds Ct, Suffolk, VA 23435
$624,900
4 beds2.5 baths3,553 sq ft
3405 Dumpling Ct, Suffolk, VA 23435
$479,900
4 beds3.5 baths2,667 sq ft
100 Tucker Dr, Suffolk, VA 23435
3D WALKTHROUGH
$1,062,000
5 beds3.5 baths3,475 sq ft
3114 Summerhouse Dr, Suffolk, VA 23435
$370,000
3 beds2.5 baths1,592 sq ft
1000 Opal St #100, Suffolk, VA 23435
See all

Provided by Redfin

Sale history for 5501 Lake Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$2,658 (+3.1%)

$76,000 + $172,400

$248,400

2024

$2,579 (+0.5%)

$76,000 + $165,000

$241,000

2023

$2,567 (+5.8%)

$76,000 + $159,500

$235,500

2022

$2,426 (+17.8%)

$76,000 + $146,600

$222,600

2021

$2,059 (+9.3%)

$63,300 + $122,200

$185,500

2020

$1,884 (+6.6%)

$63,300 + $106,400

$169,700

2019

$1,767 (+0.5%)

$63,300 + $95,900

$159,200

2018

$1,758 (+6.1%)

$63,300 + $95,100

$158,400

2017

$1,657

$63,300 + $91,600

$154,900

2016

$1,657 (+3.9%)

$63,300 + $91,600

$154,900

2014

$1,595

$63,300 + $91,600

$154,900

2013

$1,595 (+6.2%)

$63,300 + $91,600

$154,900

2012

$1,503

$63,300 + $91,600

$154,900

Tax history for 5501 Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,658 (+3.1%)

$76,000 + $172,400

$248,400

2024

$2,579 (+0.5%)

$76,000 + $165,000

$241,000

2023

$2,567 (+5.8%)

$76,000 + $159,500

$235,500

2022

$2,426 (+17.8%)

$76,000 + $146,600

$222,600

2021

$2,059 (+9.3%)

$63,300 + $122,200

$185,500

2020

$1,884 (+6.6%)

$63,300 + $106,400

$169,700

2019

$1,767 (+0.5%)

$63,300 + $95,900

$159,200

2018

$1,758 (+6.1%)

$63,300 + $95,100

$158,400

2017

$1,657

$63,300 + $91,600

$154,900

2016

$1,657 (+3.9%)

$63,300 + $91,600

$154,900

2014

$1,595

$63,300 + $91,600

$154,900

2013

$1,595 (+6.2%)

$63,300 + $91,600

$154,900

2012

$1,503

$63,300 + $91,600

$154,900

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

RLM

Residential Low-Medium Density District

To provide areas for low-medium density, single-family residential uses where adequate public facilities and services exist or are planned with capacity to serve development. Residential low-medium density provides a flexible minimum and maximum lot size in order to allow for market and design flexibility while preserving the neighborhood character and permitting applicants to cluster development in order to preserve environmentally sensitive land areas.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Group
Housing-Single unit
Educational/school
Library
Communications tower
Cemetery
Park & open space

Property details

Interior

Bathroom Information
# of Bathroom Fixtures: 7

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Exterior

Exterior Information
Exterior Wall: Brick Veneer
Roof Shape Type: Gable
Building Type: Single Family

Property Information
Subdivision Name: NANSEMOND SHORES
Living Sq. Ft: 1,131
Building Sq. Ft: 1,419
# of Stories: 1
Stories Type: 1
Legal Description: L.180, NANSEMOND SHORES

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 288
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 15,682
Legal Lot Number: 180
Acres: 0.36
County Use Description: SINGLE FAMILY

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,131
Stories: 1.0
Lot Size: 0.36 acres
Style: Single Family Residential
Year Built: 1972
Year Renovated: 1978
County: Suffolk
APN: 301807500

Home facts updated by county records on Aug 26, 2026

Around this home

Schools

Driver Elementary School

Public PreK-5 • Assigned • 2.9mi

7/10

John Yeates Middle School

Public 6-8 • Assigned • 1.6mi

8/10

Nansemond River High School

Public 9-12 • Assigned • 4.4mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

9/10 Heat Factor

7 days above 106° expected this year, 16 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Suffolk, VA • 23435

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9.5 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$285,000 – $345,000

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Nearby similar homes

$484,900

4 beds3 baths2,369 sq ft

120 Meridian Pl Pl, Suffolk, VA 23435

NEW CONSTRUCTION3D WALKTHROUGH

$583,660

4 beds3 baths2,150 sq ft

1043 Bennett's Arch, Suffolk, VA 23435

NEW CONSTRUCTION

$591,900

3 beds2 baths1,927 sq ft

MM Bennett, Suffolk, VA 23433

NEW CONSTRUCTION

$583,495

3 beds2.5 baths2,438 sq ft

MM Palermo, Suffolk, VA 23435

NEW CONSTRUCTION

$668,710

5 beds3.5 baths3,306 sq ft

MM Milan 2, Suffolk, VA 23435

NEW CONSTRUCTION

$680,910

5 beds4.5 baths3,354 sq ft

MM Siena 2 With Generational Suite, Suffolk, VA 23434

New listings for sale in 23435

$510,000

4 beds3 baths2,350 sq ft

207 Catalpa Ct, Suffolk, VA 23435

$484,900

4 beds3 baths2,369 sq ft

120 Meridian Pl Pl, Suffolk, VA 23435

$299,999

3 beds2.5 baths1,618 sq ft

3766 Pear Orchard Way, Suffolk, VA 23435

$319,900

3 beds1.5 baths1,200 sq ft

2741 Colonial Dr, Suffolk, VA 23435

$364,900

3 beds2.5 baths2,272 sq ft

2064 Nicklaus Dr, Suffolk, VA 23435

3D WALKTHROUGH

$460,000

4 beds2.5 baths2,035 sq ft

6407 Crosswinds Ct, Suffolk, VA 23435

$624,900

4 beds2.5 baths3,553 sq ft

3405 Dumpling Ct, Suffolk, VA 23435

$479,900

4 beds3.5 baths2,667 sq ft

100 Tucker Dr, Suffolk, VA 23435

3D WALKTHROUGH

$1,062,000

5 beds3.5 baths3,475 sq ft

3114 Summerhouse Dr, Suffolk, VA 23435

Home values near 5501 Lake Rd

Data from public records.

Address	Redfin Estimate
5513 Lake Road, Suffolk, VA 3 Beds \| 2 Baths \| 1503 Sq. Ft.	$350,067
2700 Lake Road, Suffolk, VA 3 Beds \| 1.5 Baths \| 1299 Sq. Ft.	$317,788

Address	Redfin Estimate
5517 Lake Road, Suffolk, VA 4 Beds \| 1.5 Baths \| 1419 Sq. Ft.	$364,734
5504 Lake Road, Suffolk, VA - Beds \| - Baths \| 1610 Sq. Ft.	$333,719

Address	Redfin Estimate
5505 Lake Road, Suffolk, VA - Beds \| - Baths \| 1682 Sq. Ft.	$341,238
2623 S Nansemond Drive, Suffolk, VA 3 Beds \| 1.5 Baths \| 2556 Sq. Ft.	$535,984

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 23435, VA

Sale history for 5501 Lake Rd

Tax history for 5501 Lake Rd

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 23435

Home values near 5501 Lake Rd

More real estate resources