FOR SALE - ACTIVE

4545 Commerce Dr #3206,
Virginia Beach, VA 23462

$2,500,000
Est. $16,431/moGet pre-approved
3
Beds
3.5
Baths
4,700
Sq Ft
map-entry
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About this home

Listed by Susan Pender BHHS RW Towne Realty
Redfin checked: 3 minutes ago (Sept 24, 2023 at 11:53pm)
Source:REINMLS #10440969
Home facts
Time on Redfin
473 days
Property Type
Condo
Year Built
2007
Style
Transitional
Community
WESTIN RESIDENCES @TOWN CENTER
Price insights
List Price
$2,500,000
Est. Mo. Payment
$16,431
Redfin Estimate
$2,425,759
Price/Sq.Ft.
$532
Buyer’s Agent Commission
3%
Street View
Directions

Payment calculator

$16,173 per month

Principal and interest$14,073
Property taxes$1,433
Homeowners' insurance$667
Down payment
20% ($500,000)

Home price
$2,500,000

Loan details
7.57%

Additional resources

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Internet

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Property details for 4545 Commerce Dr #3206

Parking
    Parking Information
  • Has Garage
  • Parking Gar, 4 Space, Assigned/Reserved
Interior
    Appliances Information
  • Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
    Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (Half): 1
    Bedroom Information
  • Num Beds With Ensuite: 3
    Room Information
  • Bedroom And Full Bathroom on 1st Floor
  • # of Rooms: 10
  • 1st FBR, First Floor Master Bedroom, Balcony, Breakfast Area, Finished Room Over Garage, Master Bedroom with Bath, Pantry, Spare Room, Utility Room
    Interior Features
  • Equipment: Cable Hookup, Ceiling Fan, Jetted Tub, Security Sys
  • Flooring Type: Marble, Wood
  • Bar, Primary Sink-Double, Walk-In Closet, Window Treatments
Exterior
    Exterior Information
  • Exterior Siding: Masonry
    Property Information
  • Property Type: Attached
  • Style: Transitional
  • Condo Level: 32
  • Foundation Type: Pile
  • Ownership Type: Condo
  • # of Stories: 1
  • Unit Description: 1 Living Level
Utilities
    Utilities Information
  • Cooling: Central Air, Two Zone
  • Heating: Electric, Two Zone
  • Sewer Type: City/County
  • Water Type: City/County
  • Water Heater Type: Electric
Location
    Room 1 Information
  • Room Level: 1
  • Master Bedroom
    Multi-Unit Information
  • Amenities Condo POA: Cable, Clubhouse, Elevator, Exercise Rm, Ground Maint, Pool, Security, Trash Pickup
    Homeowners Association Information
  • Assoc Legal Name: Westin Residences
  • HOA Assoc Legal Name: N/A
  • Assoc Mgmt Co: Westin Residences
  • Fees Condo: 1800
  • Association Fee Frequency: Monthly
  • Fees POA Monthly: 0
    School Information
  • Elementary School: Tallwood Elementary
  • Middle School: Independence Middle
  • High School: Princess Anne
    Location Information
  • Neighborhood Name: WESTIN RESIDENCES
  • View Description: Bay, City
Details provided by REINMLS and may not match the public record. Learn more.

Sale and tax history for 4545 Commerce Dr #3206

YearProperty Tax
Land
+
Additions
=
Assessed Value
2022$9,010 (+3.5%)$46,300$579,400$625,700
2021$8,705 (+4.5%)$46,300$579,400$625,700
2020$8,332 (+3.3%)$44,800$559,700$604,500
2019$8,070 (+46.4%)$27,000$540,800$567,800
2018$5,513 (−31.0%)$29,300$520,600$549,900
2017$7,987 (−2.9%)$29,300$520,600$549,900
2016$8,229 (+12.8%)$29,300$520,600$549,900
2015$7,297 (+4.3%)$30,400$541,100$571,500
2014$6,993 (+4.1%)$27,000$479,800$506,800
2013$6,720 (−6.9%)$27,000$479,800$506,800
2012$7,216$25,900$461,100$487,000

Public facts and zoning for 4545 Commerce Dr #3206

Beds
2
Baths
2.5
Finished Sq. Ft.
2,458
Unfinished Sq. Ft.
Total Sq. Ft.
2,458
Stories
1
Lot Size
Style
Condo/Co-op
Year Built
2007
Year Renovated
County
Virginia Beach
APN
14774475104104
Home facts updated by county records on Sep 1, 2023.

Additional resources

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 Dr #3206

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

Redfin Estimate for 4545 Commerce Dr #3206

Redfin has the most accurate online home estimate
$2,425,759
$74K under list price of $2.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $275K to $1.1M..

More resources

Rental earnings

Est. $4,402 per month, based on comparable rentals

Real estate market insights for 4545 Commerce Dr #3206

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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Nearby homes similar to 4545 Commerce Dr #3206 have recently sold between $224K to $655K at an average of $235 per square foot.
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Frequently asked questions for 4545 Commerce Dr #3206

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GreatSchools Ratings provided by GreatSchools.org.