LAST SOLD ON FEB 24, 2022 FOR $649,000

4545 Commerce St #2501,
Virginia Beach, VA 23462

$712,548
Redfin Estimate
2
Beds
2.5
Baths
2,315
Sq Ft
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About this home

4545 Commerce St #2501 is a 2,315 square foot condo with 2 bedrooms and 2.5 bathrooms. This home is currently off market - it last sold on February 24, 2022 for $649,000. Based on Redfin's Virginia Beach data, we estimate the home's value is $712,548.
Source:Public Records
Home facts
Property Type
Condo/Co-op
Year Built
2007
Price insights
Redfin Estimate
$712,548
Price/Sq.Ft.
$308

Redfin Estimate for 4545 Commerce St #2501

Redfin has the most accurate online home estimate
$712,548
$64K since sold in February 2022
$6,000 since August
Historical Redfin Estimate Graph ChartGraph chart of this property's Redfin Estimate over time20192020202120222023$300K$400K$500K$600K$700K$800K$900K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $320K to $1.1M..

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Rental earnings

Est. $3,608 per month, based on comparable rentals

Central Business District of Virginia Beach real estate market

Homes go pending in 18 days

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Property details for 4545 Commerce St #2501

Interior
    Bathroom Information
  • # of Full Baths: 2
  • # of 1/2 Baths: 1
    Heating & Cooling
  • Air Conditioning Type: Central
  • Heating Type: Forced Air
    Room Information
  • # of Rooms: 5
Exterior
    Exterior Information
  • Physical Condition: Average
  • Construction Type: Concrete
  • Exterior Wall: Concrete Masonry
  • Roof Shape Type: Flat
  • Building Type: Single Family
    Property Information
  • Subdivision Name: RESIDENCES AT WESTIN
  • Living Sq. Ft: 2,315
  • Building Sq. Ft: 2,315
  • # of Stories: 1
  • Legal Description: TOWN CENTER RESIDENTIAL CONDO 7 UNIT 2501
    Lot Information
  • # of Buildings: 1
  • Municipality Name: LYNNHAVEN CENT BUS DIST - SPEC
  • Zoning Code: B3A
  • County Use Description: HIGH RISE CONDOMINIUM
Financial
    Assessor Information
  • Assessment Year: 2022
  • Tax District County: LYNNHAVEN CENT BUS DIST - SPEC

Sale and tax history for 4545 Commerce St #2501

Public facts and zoning for 4545 Commerce St #2501

Beds
2
Baths
2.5
Sq. Ft.
2,315
Stories
1
Lot Size
Style
Condo/Co-op
Year Built
2007
Year Renovated
County
Virginia Beach
APN
14774475104057
Home facts updated by county records on Sep 1, 2023.

Additional resources

Zoning

CBC | Permitted: Single-Family, Multi-Family, Short-Term Rentals, Commercial, Industrial

Cost of home ownership

$3,202 per month

30-year fixed, 3.5% interest
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Mortgage payment$2,331
Property taxes$698
HOA dues
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Homeowners' insurance$173
Utilities & maintenance
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Schools

GreatSchools Summary Rating
5/10

Thalia Elementary School

Public, PreK-5 • Serves this home • 0.8mi

6/10

Independence Middle School

Public, 6-8 • Serves this home • 2.8mi

6/10

Princess Anne High School

Public, 9-12 • Serves this home • 0.5mi

School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.

Around this home

Transportation near 4545 Commerce St #2501

85/100
Very walkable

Walk Score®

48/100
Some transit

Transit Score®

60/100
Bikeable

Bike Score®

Climate risks

About climate risks

Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.

Risk Factor

Flood Factor - Moderate

13% chance of flooding in next 30 years

Fire Factor - Minimal

Unlikely to be in a wildfire in next 30 years

Heat Factor - Extreme

7 days above 105° expected this year, 16 days in 30 years

Wind Factor - Severe

98% chance of strong winds in next 30 years

Provided by First Street Foundation

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$677,000 – $806,000
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Nearby similar homes

Homes similar to 4545 Commerce St #2501 are listed between $285K to $340K at an average of $210 per square foot.
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$340,000
3 Beds
2 Baths
1,490 Sq. Ft.
5348 Deford Rd, Virginia Beach, VA 23455
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$315,000
3 Beds
2.5 Baths
1,595 Sq. Ft.
940 Hunley Dr, Virginia Beach, VA 23462

Nearby recently sold homes

Nearby homes similar to 4545 Commerce St #2501 have recently sold between $224K to $655K at an average of $230 per square foot.
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1 / 39
SOLD JUL 17, 2023
$655,000 Last Sold Price
2 Beds
2.5 Baths
2,315 Sq. Ft.
4545 Commerce St #2801, Virginia Beach, VA 23462
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SOLD JUN 22, 2023
$635,000 Last Sold Price
2 Beds
2 Baths
1,913 Sq. Ft.
4545 Commerce St #2704, Virginia Beach, VA 23462
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SOLD AUG 16, 2023
$241,500 Last Sold Price
2 Beds
2.5 Baths
1,254 Sq. Ft.
300 Ferdinand Cir #300, Virginia Beach, VA 23462

Home values near 4545 Commerce St #2501

Data from public records.

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GreatSchools Ratings provided by GreatSchools.org.