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  • $549,700

    500 Winston Salem Ave APT 206, Virginia Beach, VA 23451

    2beds
    1,500sqft
    Condo
    Built in 1985
    -- sqft lot
    $549,700 Zestimate®
    $366/sqft
    $2,625 Estimated rent

    Home value

    $549,700

    $517,000 - $588,000

    $2,625/mo

    Zestimate® history
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    $2,625/mo

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    $3,796/mo

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    $3,796/mo

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    What's special

    Welcome to the "Marina District" of Virginia Beach, which offers the best of the Beach. This lovely 2 bedroom, 2 bath condominium has all the comforts of home while offering the relaxing feel of vacationing year-round. The remodeled kitchen has newer stainless steel appliances, granite counters, and custom wood cabinets. Enjoy the alluring sunrises over the ocean and sunsets on Rudee Inlet while just a short walk or bike ride to the beach, boardwalk, fun restaurants, and marinas with World-Class fishing. Ocean Way Condominium has reasonable condo fees that include; Building security system, Pool, Gym, Saunas, Party room facilities, Elevators, Cable and 1 HBO (3 TV's convey), Water and Sewer, Trash pick-up from the unit, and Insurance. Garage parking, and a dedicated storage unit for bikes and beach chairs. This is a second home for the owners all appliances are lightly used. For the owner's convenience, there's an onsite manager. I live in the building, call me, I'd love to show it to you.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Refrigerator, Washer
    Features
    • Walk-In Closet, Window Treatments, Bar, Handicap
    • Flooring: Tile, Laminate, Linoleum / Vinyl
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,500 sqft

    Property

    Features
    • Exterior features: Stucco
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 24271262878230

    Construction

    Type & style
    • Home type: Condo
    Materials
    • concrete
    • Roof: Asphalt
    Condition
    • Year built: 1985

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $450 monthly
    Location
    • Region: Virginia Beach

    Financial & listing details

    • Price per square foot: $366/sqft
    • Tax assessed value: $501,700
    • Annual tax amount: $4,866

    Price history

    DateEventPrice
    3/19/2021Sold$386,500+0.4%$258/sqft
    Source: Public Record Report a problem
    3/9/2021Pending sale$385,000$257/sqft
    Source: Virginia Beach - WEICHERT, REALTORS - Inlet Properties #10346770 Report a problem
    10/20/2020Listed for sale$385,000+5.5%$257/sqft
    Source: Weichert Realtors-Inlet Properties #10346770 Report a problem
    9/26/2014Sold$365,000+35.2%$243/sqft
    Source: Public Record Report a problem
    3/9/2004Sold$270,000$180/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,866 -2%$501,700
    2024$4,967 +15%$501,700 +15%
    2023$4,319 +5%$436,300 +5%
    2022$4,113 +18%$415,500 +18%
    2021$3,487 -10.6%$352,200
    2020$3,901 +21.7%$352,200 +10.2%
    2019$3,204 $319,600
    2018$3,204 0%$319,600
    2017$3,204 +4.3%$319,600 +3%
    2016$3,072 +3%$310,300 +3%
    2015$2,983 $301,300 +9%
    2014$2,983 $276,400 -10%
    2013-- $307,100
    2012-- $307,100
    2011-- $307,100 -11%
    2010-- $345,000 -17.1%
    2007-- $416,000 +21.3%
    2006-- $343,000 +28.5%
    2005-- $267,000 +11.7%
    2004-- $239,000 +8.1%
    2003-- $221,000 +29.2%
    2002-- $171,000
    Find assessor info on the county website

    Neighborhood: Seatack

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: W.T. Cooke Elementary
    • Middle: Virginia Beach Middle
    • High: First Colonial

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $549,700
    2% more
    +$10,994
    With Zillow Showcase(estimated)
    $560,694