2 months on rocket

4545 Commerce St Unit 3503, Virginia Beach, VA, 23462

$1,095,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
2,040 SqFt
$537/SqFt
Condo

Location

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4545 Commerce St Unit 3503, Virginia Beach$1,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Gar, 2 Space, Assigned/Reserved
Year Built2007
HeatingForced Air, Geothermal, Other
CoolingCentral Air, Geothermal
MLS #10550973
StatusActive

About 4545 Commerce St Unit 3503

This rare one of a kind east-facing Westin Penthouse is perched in the tallest building in Virginia,stunning views to the Oceanfront,Chesapeake Bay & Eastern Shore. The PH units were designed with high ceilings gas cooking & back up generators. Electric window shades in every window.Gourmet Kitchen w/Viking appliances.The long balcony is unique to this unit. Both bedrooms have ensuite full bath and are at opposite ends of the home. The guest BR with Murphy bed.Flex room for den,dining or office.Walk in laundry, 2 reserved spaces on gated P1. Improvements include:extensive recessed lighting throughout, custom kitchen banquette,Primary bedroom with crown molding,extra storage in custom closet & room darkening shades with remote.All 3 baths have updates,3 wired TV's with Sonos sound system w/built in speakers to convey. Amenities include 24/7 security/concierge with package delivery to your door, owner's lounge,gym, heated pool.Steps from many restaurants & entertainment.Call for appt.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemp, High-Rise
  • Year Built: 2007
  • Stories: 1
  • Living Area: 2,040 SqFt

Listing Office:

  • Office Name: BHHS RW Towne Realty
  • Listing Agent: Tim Cochran

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Flooring Type: Ceramic, Marble, Wood
  • Interior: Bar, Primary Sink-Double, Walk-In Closet, Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Patio, Storage Shed

Parking Information:

  • Parking: Parking Gar, 2 Space, Assigned/Reserved

Utilities

Utilities Information:

  • Heating: Forced Air, Geothermal, Other
  • Cooling: Central Air, Geothermal

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,095,000
  • Price Per SqFt: $537/SqFt

Tax Information:

  • Annual Amount: $6,952
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Virginia Beach, VA.

Med. Sold Price

$320K

Med. Price/SqFt

$223

Avg. Days On Market

27

# of Sold Homes

413

4545 Commerce St Unit 3503 vs Virginia Beach

70 DAYS ON ROCKET

+43 Days

$1,095,000

+$775K More

$537/SqFt

+$314 More

KEY TAKEAWAY

This property is $775K more than the Median Sold Price and $314/SqFt more than other homes in Virginia Beach, VA.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10550973

Listing Office:

  • Office Name: BHHS RW Towne Realty
  • Listing Agent: Tim Cochran

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,952$702,200
2020$9,541$650,200
2019$6,518$650,200
2018$9,444$650,200
2017$9,444$650,200

History based on county public records data.

Payment Calculator

$5,533

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,349

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-840548
7
/10
  • Thalia Elementary School

  • 421 Thalia Rd

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-840549
5
/10
  • Pembroke Elementary School

  • 4622 Jericho Rd

  • 1.09 miles

  • Public District Grades PK-5

school-card-donut-840550
6
/10
  • Pembroke Meadows Elementary School

  • 820 Cathedral Dr

  • 1.68 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,471. Residents of Virginia Beach, VA typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4545 Commerce St Unit 3503

What is the listing price of this property?

The listing price of 4545 Commerce St Unit 3503 property is $1,095,000.

What type of property is this?

The property 4545 Commerce St Unit 3503 is a condo located in Virginia Beach, Virginia, 23462.

Is this property for sale now?

Active Listing: 4545 Commerce St Unit 3503 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,952 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4545 Commerce St Unit 3503 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 4545 Commerce St Unit 3503 is 2,040 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4545 Commerce St Unit 3503 is 2007.

Rocket Homes›Virginia›Virginia Beach›23462›4545 Commerce St Unit 3503

This home is located at 4545 Commerce St Unit 3503 in Virginia Beach, VA and zip code 23462 in the Pembroke neighborhood. This 2,040 square foot home was built in 2007. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $1,095,000.

In October 2024 more than 1 listings in Virginia Beach, VA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below. The number of homes for sale in Virginia Beach, VA increased by 8.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 27 days, the median list price was $320,000.

From Rocket Homes Real Estate and based on county public records data.

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