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1140 Commerce Ave

Chesapeake, VA 23324

3 bd 2 ba 1,540 sqft Built 2023 Lot 5,924 sqft single_family
Most recent sale
$55,000
Dec 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 4, 2024 Relisted $292,000 HamptonRoads
Mar 1, 2024 Listing removed HamptonRoads
Nov 10, 2023 Listed $292,000 HamptonRoads
Dec 15, 2021 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $245,500 $85,000 $330,500 $3,338
2023 $83,000 $75,000 $158,000 $1,595
2022 $60,000 $60,000 $606
2021 $61,400 $55,000 $116,400 $1,222
2020 $57,300 $55,000 $112,300 $1,179
2019 $57,300 $55,000 $112,300 $1,179
2018 $55,200 $55,000 $110,200 $1,156
2017 $53,600 $55,000 $108,600 $1,140
2016 $53,600 $55,000 $108,600 $1,140
2015 $53,600 $55,000 $108,600 $1,140
2014 $53,600 $55,000 $108,600 $1,140
2013 $53,000 $55,000 $108,000 $1,134
2012 $54,200 $55,000 $109,200 $1,146
2011 $54,200 $60,000 $114,200 $1,199
2010 $60,200 $60,000 $120,200 $1,262
2009 $62,200 $65,000 $127,200 $1,335
2008 $62,900 $65,000 $127,900 $1,342
2007 $62,200 $60,000 $122,200 $1,295

Property facts

Year built
2023
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,540 sqft
Lot size
5,924 sqft
ZIP code
23324
City
Chesapeake
Street
Commerce Ave
Coordinates
36.81744, -76.27007

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$330
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1140 Commerce Ave last sell?
1140 Commerce Ave most recently sold on Dec 15, 2021 for $55,000.
What is the current tax assessment for 1140 Commerce Ave?
The most recent total assessment for 1140 Commerce Ave (year 2025) is $330,500 with $3,338 in property tax.
How does 1140 Commerce Ave's assessment compare to its last sale price?
The current assessment is 500.9% above the last sale price of $55,000.
When was 1140 Commerce Ave built?
1140 Commerce Ave was built in 2023.
How does 1140 Commerce Ave compare to others on Commerce Ave?
We track 8 other properties on Commerce Ave. Browse the list under "Other properties on Commerce Ave" to compare beds, baths, and sale history.
What are the property facts for 1140 Commerce Ave?
1140 Commerce Ave is a 3 bed, 2 bath, 1,540 sqft, 5,924 sqft lot single_family.
Is 1140 Commerce Ave a flip candidate?
No — 1140 Commerce Ave does not appear in our flips dataset.
Is 1140 Commerce Ave a tax-appeal candidate?
No — 1140 Commerce Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.0%
Implied 1-yr
+3.8%
2026 Q3
$285.5K
2026 Q4
$288K
ZIP 23324 — Median Price History + Forecast

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