OFF MARKET

4545 Commerce St #2602,
Virginia Beach, VA 23462

$494,929
Redfin Estimate
1
Bed
2
Baths
1,455
Sq Ft
map-entry

About this home

4545 Commerce St #2602 is a 1,455 square foot condo with 1 bedroom and 2 bathrooms. This home is currently off market. Based on Redfin's Virginia Beach data, we estimate the home's value is $494,929.
Source:Public Records
Home facts
Property Type
Condo/Co-op
Year Built
2007
Price insights
Redfin Estimate
$494,929
Price/Sq.Ft.
$340

Redfin Estimate for 4545 Commerce St #2602

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$494,929

Redfin Estimate based on recent home sales.

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Property details for 4545 Commerce St #2602

Interior
    Bathroom Information
  • # of Full Baths: 2
    Heating & Cooling
  • Air Conditioning Type: Central
  • Heating Type: Forced Air
    Room Information
  • # of Rooms: 4
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: 1,455
  • Building Sq. Ft: 1,455
  • # of Stories: 1
  • Legal Description: TOWN CENTER RESIDENTIAL CONDO 7 UNIT 2602
    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 #2602

YearProperty Tax
Land
+
Additions
=
Assessed Value
2022$6,168 (+8.5%)$31,700$396,600$428,300
2021$5,684 (+2.7%)$31,700$396,600$428,300
2020$5,537 (+4.6%)$29,200$365,500$394,700
2019$5,295 (+68.2%)$18,000$359,300$377,300
2018$3,148 (−31.0%)$15,000$299,000$314,000
2017$4,561 (−2.9%)$15,000$299,000$314,000
2016$4,697 (+4.4%)$15,000$299,000$314,000
2015$4,498 (+4.3%)$15,500$310,700$326,200
2014$4,311 (+4.2%)$14,900$297,500$312,400
2013$4,139 (−6.4%)$14,900$297,500$312,400
2012$4,420$14,300$285,600$299,900

Public facts and zoning for 4545 Commerce St #2602

Beds
1
Baths
2
Sq. Ft.
1,455
Stories
1
Lot Size
Style
Condo/Co-op
Year Built
2007
Year Renovated
County
Virginia Beach
APN
14774475104064
Home facts updated by county records on Sep 1, 2023.

Additional resources

Zoning

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

Sale proceeds

Selling with traditional agentSelling with Redfin agent
+$7,424
Your total sale proceeds$463,788$471,212
Seller agent commission3% ($14,848)1.5% ($7,424)

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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 #2602

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

Real estate market insights for 4545 Commerce St #2602

Condo sales (last 30 days)

Condos/Co-ops trends in Central Business District of Virginia Beach

Median Sale Price
(Condos/Co-ops)
$645,000
+132.9% YoY | Aug 2023
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2023
Growth
% YoY
Central Business District of Virginia Beach
$645,000
+132.9%
See more market trends in Central Business District of Virginia Beach

Market competition in Virginia Beach

Calculated over the last 3 months
83
Very Competitive
Redfin Compete Score
0
100
  • Many homes get multiple offers, some with waived contingencies.
  • The average homes sell for about 1% above list price and go pending in around 18 days.
  • Hot homes can sell for about 4% above list price and go pending in around 9 days.

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Estimated Sale Price
$471,000 – $560,000
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Nearby similar homes

Homes similar to 4545 Commerce St #2602 are listed between $285K to $340K at an average of $210 per square foot.
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4 Beds
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648 N Piping Rock Rd, Virginia Beach, VA 23452

Nearby recently sold homes

Nearby homes similar to 4545 Commerce St #2602 have recently sold between $210K to $655K at an average of $240 per square foot.
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SOLD JUL 19, 20233D WALKTHROUGH
$210,000 Last Sold Price
2 Beds
2 Baths
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SOLD APR 28, 2023
$240,000 Last Sold Price
2 Beds
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1,254 Sq. Ft.
117 Castilian Dr, Virginia Beach, VA 23462
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SOLD AUG 31, 2023
$345,000 Last Sold Price
3 Beds
3.5 Baths
1,818 Sq. Ft.
4981 Almandine Ave, Virginia Beach, VA 23462

Home values near 4545 Commerce St #2602

Data from public records.

Frequently asked questions for 4545 Commerce St #2602

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GreatSchools Ratings provided by GreatSchools.org.