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1202 Commerce Ave

Chesapeake, VA 23324

2 bd 2 ba 1,212 sqft Built 1910 Lot 2,919 sqft single_family
Most recent sale
$175,000
Aug 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2022 Sold $175,000 Public Record
Jul 18, 2022 Listed $172,500 MLS #10447376
Oct 2, 2018 Sold $105,340 Public Record
Feb 13, 2010 Listing removed $139,900 HamptonRoads
Aug 13, 2009 Listed $139,900 MLS #0930668
Apr 29, 1988 Sold $25,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $109,100 $75,000 $184,100 $1,859
2023 $93,500 $65,000 $158,500 $1,600
2022 $89,400 $50,000 $139,400 $1,407
2021 $79,800 $45,000 $124,800 $1,310
2020 $75,000 $45,000 $120,000 $1,260
2019 $75,000 $45,000 $120,000 $1,260
2018 $71,600 $45,000 $116,600 $1,224
2017 $69,500 $45,000 $114,500 $1,202
2016 $69,500 $45,000 $114,500 $1,202
2015 $69,500 $45,000 $114,500 $1,202
2014 $69,500 $45,000 $114,500 $1,202
2013 $68,800 $50,000 $118,800 $1,247
2012 $70,300 $50,000 $120,300 $1,263
2011 $70,300 $55,000 $125,300 $1,316
2010 $75,700 $55,000 $130,700 $1,372
2009 $78,200 $55,000 $133,200 $1,399
2008 $80,100 $55,000 $135,100 $1,419
2007 $79,300 $52,000 $131,300 $1,391

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,212 sqft
Lot size
2,919 sqft
ZIP code
23324
City
Chesapeake
Street
Commerce Ave
Coordinates
36.81597, -76.26976

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,818
Gross rental yield
12.47%
Implied cap rate
8.10%
Trend-extrapolated value

Frequently asked questions

When did 1202 Commerce Ave last sell?
1202 Commerce Ave most recently sold on Aug 30, 2022 for $175,000.
What is the current tax assessment for 1202 Commerce Ave?
The most recent total assessment for 1202 Commerce Ave (year 2025) is $184,100 with $1,859 in property tax.
How does 1202 Commerce Ave's assessment compare to its last sale price?
The current assessment is 5.2% above the last sale price of $175,000.
When was 1202 Commerce Ave built?
1202 Commerce Ave was built in 1910.
How does 1202 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 1202 Commerce Ave?
1202 Commerce Ave is a 2 bed, 2 bath, 1,212 sqft, 2,919 sqft lot single_family.
Is 1202 Commerce Ave a flip candidate?
No — 1202 Commerce Ave does not appear in our flips dataset.
Is 1202 Commerce Ave a tax-appeal candidate?
No — 1202 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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