9 days on rocket

5220 Thatcher Way, Virginia Beach, VA, 23456

$239,900

Home List Price

$2,849*

Closing Credit

2 Bedrooms
2 Full Baths
1,283 SqFt
$187/SqFt
Condo

Location

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5220 Thatcher Way, Virginia Beach$239,900

Buyer Closing Credits

$2,849*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking2 Space, Assigned/Reserved, Off Street
Year Built1989
HeatingForced Air, Heat Pump
CoolingCentral Air
BasementYes
FireplaceWood Stove
MLS #10558240
StatusActive

About 5220 Thatcher Way

You will love this spacious 2 bed/2 bath condo that also features a huge loft and has been nicely updated including a new HVAC, new appliances, updated cabinets and countertops and more. Fantastic location near the 9th hole of the Honey Bee Golf Course. A pool & clubhouse, playground, water, sewer, trash and ground maintenance are amenities included in this beautiful community that will make living here a breeze. The condo comes with 2 reserved parking spaces and guest parking nearby

Property Details

Property Features

Property Information:

  • Architectural Style: Lo Rise
  • Year Built: 1989
  • Stories: 2
  • Living Area: 1,283 SqFt

Listing Office:

  • Office Name: 1st Class Real Estate Flagship
  • Listing Agent: Melody Cespedes

Interior Features

Interior Information:

  • Appliances: Dishwasher, /Dryer Connection, Microwave, Electric Range, Refrigerator, Washer Connection
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic, Laminate/LVP
  • Interior: Cathedral Ceiling, Wood Stove
  • Fireplace: Wood Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Cul-De-Sac

Parking Information:

  • Attached Garage: No
  • Parking: 2 Space, Assigned/Reserved, Off Street

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $239,900
  • Price Per SqFt: $187/SqFt

HOA Fees:

  • Amount: $28
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,474
  • Tax Year: 2021
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Housing Market Comparison

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

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Virginia Beach, VA

City

Med. Sold Price

$320K

Med. Price/SqFt

$223

Avg. Days On Market

27

# of Sold Homes

413

5220 Thatcher Way vs Virginia Beach

9 DAYS ON ROCKET

-18 Days

$239,900

-$80.1K Less

$187/SqFt

-$36 Less

KEY TAKEAWAY

This property is $80.1K less than the Median Sold Price and $36/SqFt less than other homes in Virginia Beach, VA.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10558240

Listing Office:

  • Office Name: 1st Class Real Estate Flagship
  • Listing Agent: Melody Cespedes

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Last updated on: 11/17/2024, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,474$148,900
2020$1,385$136,200
2019$1,085$108,300
2018$1,144$108,300
2017$1,144$114,100

History based on county public records data.

Payment Calculator

$1,293

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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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-368786
7
/10

  • Rosemont Forest Elementary School

  • 1716 Grey Friars Chase

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-368787
6
/10

  • Glenwood Elementary School

  • 2213 Round Hill Dr

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-368788
5
/10

  • Salem Elementary School

  • 3961 Salem Lakes Blvd

  • 0.68 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,435. Residents of Virginia Beach, VA typically earn between $35k-100k each year. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5220 Thatcher Way

What is the listing price of this property?

The listing price of 5220 Thatcher Way property is $239,900.

What type of property is this?

The property 5220 Thatcher Way is a condo located in Virginia Beach, Virginia, 23456.

Is this property for sale now?

Active Listing: 5220 Thatcher Way 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 $1,474 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5220 Thatcher Way has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5220 Thatcher Way is 1,283 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5220 Thatcher Way is 1989.

Rocket Homes›Virginia›Virginia Beach›23456›5220 Thatcher Way

This home is located at 5220 Thatcher Way in Virginia Beach, VA and zip code 23456 in the Salem neighborhood. This 1,283 square foot home was built in 1989. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $239,900.

In October 2024, from all listings sold in Virginia Beach, VA there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price. 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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