OFF MARKET

4545 Commerce St #2703,
Virginia Beach, VA 23462

$639,977

Redfin Estimate

Beds

Baths

1,903

Sq Ft

About this home

4545 Commerce St #2703 is a 1,903 square foot condo with 2 bedrooms and 2 bathrooms. This home is currently off market. Based on Redfin's Virginia Beach data, we estimate the home's value is $639,977.

Source:Public Records

Property Type

Condo/Co-op

Year Built

2007

Redfin Estimate

$639,977

Price/Sq.Ft.

$336

Redfin Estimate for 4545 Commerce St #2703

Redfin has the most accurate online home estimate

$639,977

$3,000 since September

1 year
5 year

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $499K to $1.1M..

1 / 50
SOLD JUN 22, 2023
$635,000 Sold Price
2 beds
2 baths
1,913 sq. ft.
4545 Commerce St #2704, Virginia Beach, VA 23462
$4/sq ft
4545 Commerce St #2704, Virginia Beach, VA 23462
1 / 22
SOLD SEP 20, 2023
$499,000 Sold Price
2 beds
2 baths
1,620 sq. ft.
4545 Commerce St #1701, Virginia Beach, VA 23462
$28/sq ft
4545 Commerce St #1701, Virginia Beach, VA 23462
1 / 43
SOLD MAY 26, 2023
$499,000 Sold Price
2 beds
2 baths
1,607 sq. ft.
4545 Commerce St #2105, Virginia Beach, VA 23462
$25/sq ft
4545 Commerce St #2105, Virginia Beach, VA 23462
1 / 39
SOLD JUL 17, 2023
$655,000 Sold Price
2 beds
2.5 baths
2,315 sq. ft.
4545 Commerce St #2801, Virginia Beach, VA 23462
$53/sq ft
4545 Commerce St #2801, Virginia Beach, VA 23462
1 / 29
SOLD FEB 23, 2023
$657,000 Last Sold Price
2 beds
2.5 baths
2,315 sq. ft.
4545 Commerce St #2301, Virginia Beach, VA 23462
$52/sq ft
4545 Commerce St #2301, Virginia Beach, VA 23462
SOLD MAR 3, 2023
$1,100,000 Last Sold Price
2 beds
2.5 baths
2,710 sq. ft.
4545 Commerce St #3502, Virginia Beach, VA 23462
$70/sq ft
4545 Commerce St #3502, Virginia Beach, VA 23462

Home sale earnings

Est. $610K when you sell with Redfin

Rental earnings

Est. $3,143 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 #2703

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: 1,903

Building Sq. Ft: 1,903
# of Stories: 1
Legal Description: TOWN CENTER RESIDENTIAL CONDO 7 UNIT 2703

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 #2703

Sale History
Tax History

Year	Property Tax	Land +	Additions =	Assessed Value
2022	$7,924 (+4.2%)	$40,800	$509,500	$550,300
2021	$7,603 (+3.5%)	$40,800	$509,500	$550,300
2020	$7,349 (+4.2%)	$39,100	$488,900	$528,000
2019	$7,056 (+65.7%)	$23,800	$477,000	$500,800
2018	$4,259 (−31.0%)	$20,200	$404,600	$424,800
2017	$6,170 (+2.1%)	$20,200	$404,600	$424,800
2016	$6,046 (+5.0%)	$20,200	$404,600	$424,800
2015	$5,758 (+4.3%)	$20,000	$399,900	$419,900
2014	$5,518 (+10,285.8%)	$19,000	$380,900	$399,900
2013	$53 (−99.1%)	$19,000	$380,900	$399,900
2012	$5,674	$18,300	$366,700	$385,000

Public facts and zoning for 4545 Commerce St #2703

Beds

Baths

Sq. Ft.

1,903

Stories

Lot Size

—

Style

Condo/Co-op

Year Built

2007

Year Renovated

—

County

Virginia Beach

APN

14774475104071

Home facts updated by county records on Sep 1, 2023.

Zoning

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

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 #2703

85/100

Very walkable

Walk Score®

48/100

Some transit

Transit Score®

60/100

Bikeable

Bike Score®

Places

4 groceries, 45 restaurants, 0 parks

Transit

001, 020, 024, 036, 1, 20, 28, 36

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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Estimated Sale Price

$608,000 – $724,000

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Nearby similar homes

Homes similar to 4545 Commerce St #2703 are listed between $180K to $335K at an average of $205 per square foot.

1 / 2

$179,900

2 beds

2 baths

837 sq. ft.

426 Babbling Brook Dr #426, Virginia Beach, VA 23462

1 / 30

3D WALKTHROUGH

$335,000

4 beds

2 baths

1,600 sq. ft.

648 N Piping Rock Rd, Virginia Beach, VA 23452

1 / 2

$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 #2703 have recently sold between $225K to $655K at an average of $240 per square foot.

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

1 / 38

SOLD AUG 16, 2023

$275,000 Last Sold Price

1 bed

1 bath

809 sq. ft.

221 Market St #321, Virginia Beach, VA 23462

1 / 47

SOLD APR 7, 2023

$267,500 Last Sold Price

1 bed

1 bath

692 sq. ft.

221 Market St #203, Virginia Beach, VA 23462

Home values near 4545 Commerce St #2703

Data from public records.

Address	Redfin Estimate
4545 Commerce Street #2101, Virginia Beach, VA 2 Beds \| 2.5 Baths \| 2315 Sq. Ft.	$588,804
4545 Commerce Street #2705, Virginia Beach, VA 2 Beds \| 2 Baths \| 1607 Sq. Ft.	$532,836
4545 Commerce Street #1707, Virginia Beach, VA 2 Beds \| 2 Baths \| 1191 Sq. Ft.	$504,583
4545 Commerce Street #1705, Virginia Beach, VA 2 Beds \| 2 Baths \| 1479 Sq. Ft.	$493,746
4545 Commerce Street #1603, Virginia Beach, VA 1 Beds \| 1 Baths \| 816 Sq. Ft.	$294,048
4545 Commerce Street #1905, Virginia Beach, VA 2 Beds \| 2 Baths \| 1607 Sq. Ft.	$544,075
4545 Commerce Street #3304, Virginia Beach, VA 4 Beds \| 2.5 Baths \| 2777 Sq. Ft.	$833,467

Address	Redfin Estimate
4545 Commerce Street #2004, Virginia Beach, VA 2 Beds \| 2 Baths \| 1913 Sq. Ft.	$612,851
4545 Commerce Street #2604, Virginia Beach, VA 2 Beds \| 2 Baths \| 1913 Sq. Ft.	$651,791
4545 Commerce Street #1901, Virginia Beach, VA 2 Beds \| 2.5 Baths \| 2315 Sq. Ft.	$633,919
4545 Commerce Street #2306, Virginia Beach, VA 2 Beds \| 2.5 Baths \| 2458 Sq. Ft.	$762,562
4545 Commerce Street #2003, Virginia Beach, VA 2 Beds \| 2 Baths \| 1903 Sq. Ft.	$611,586
4545 Commerce Street #2002, Virginia Beach, VA 1 Beds \| 2 Baths \| 1455 Sq. Ft.	$483,361
4545 Commerce Street #3205, Virginia Beach, VA 2 Beds \| 2 Baths \| 1607 Sq. Ft.	$655,307

Address	Redfin Estimate
4545 Commerce Street #1904, Virginia Beach, VA 2 Beds \| 2 Baths \| 1913 Sq. Ft.	$556,719
4545 Commerce Street #2405, Virginia Beach, VA 2 Beds \| 2 Baths \| 1607 Sq. Ft.	$550,642
4545 Commerce Street #1706, Virginia Beach, VA 2 Beds \| 2 Baths \| 1191 Sq. Ft.	$493,122
4545 Commerce Street #2403, Virginia Beach, VA 2 Beds \| 2 Baths \| 1903 Sq. Ft.	$594,789
4545 Commerce Street #2204, Virginia Beach, VA 2 Beds \| 2 Baths \| 1913 Sq. Ft.	$616,459
4545 Commerce Street #3303, Virginia Beach, VA 3 Beds \| - Baths \| 2309 Sq. Ft.	$869,591
4545 Commerce Street #3204, Virginia Beach, VA 2 Beds \| 2 Baths \| 1913 Sq. Ft.	$1,134,328

Frequently asked questions for 4545 Commerce St #2703

What is 4545 Commerce St #2703?

How much is this home worth?

When was this home built and last sold?

What is the rental estimate for this home?

How competitive is the market for this home?

Based on Redfin's market data from the past 3 months, we calculate that market competition in 23462, this home's neighborhood, is very competitive. Homes sell for about 2% above list price and go pending in around 20 days. Hot homes can sell for about 5% above list price and go pending in around 9 days. Compared to nearby markets, 23462 is more competitive than Chesapeake and more competitive than Norfolk.

What comparable homes are near this home?

What’s the full address of this home?

What's the housing market like in Central Business District of Virginia Beach?

The Central Business District of Virginia Beach housing market is very competitive. Homes in Central Business District of Virginia Beach receive 3 offers on average and sell in around 24 days. The median sale price of a home in Central Business District of Virginia Beach was $645K last month, up 132.9% since last year. The median sale price per square foot in Central Business District of Virginia Beach is $339, up 28.4% since last year.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate for 4545 Commerce St #2703

Home sale earnings

Rental earnings

Central Business District of Virginia Beach real estate market

Homeowner Tools

Electricity and solar

Internet

Property details for 4545 Commerce St #2703

Sale and tax history for 4545 Commerce St #2703

Public facts and zoning for 4545 Commerce St #2703

Zoning

Schools

Thalia Elementary School

Independence Middle School

Princess Anne High School

Around this home

Transportation near 4545 Commerce St #2703

Walk Score®

Transit Score®

Bike Score®

Places

Transit

Climate risks

Flood Factor - Moderate

Fire Factor - Minimal

Heat Factor - Extreme

Wind Factor - Severe

Is this your home?

Nearby similar homes

Nearby recently sold homes

Home values near 4545 Commerce St #2703

More real estate resources

Frequently asked questions for 4545 Commerce St #2703

What is 4545 Commerce St #2703?

How much is this home worth?

When was this home built and last sold?

What is the rental estimate for this home?

How competitive is the market for this home?

What comparable homes are near this home?

What’s the full address of this home?

What's the housing market like in Central Business District of Virginia Beach?