221 Market St Unit 552 Virginia Beach, VA 23462
Pembroke NeighborhoodEstimated payment $2,074/month
Highlights
- City Lights View
- Property is near public transit
- Corner Lot
- Independence Middle School Rated A-
- Wood Flooring
- Elevator
About This Home
Welcome Home to Studio 56 at Town Center! This stylish 5th-floor studio offers the perfect blend of comfort and convenience. The open layout is filled with natural light from floor-to-ceiling windows, showcasing hardwood floors and sweeping city views. The upgraded kitchen features honed granite countertops, stainless steel appliances, and ceramic tile, while the bathroom includes matching granite and tile finishes. An in-unit washer/dryer adds everyday ease. Enjoy the rooftop terrace and patio, with shopping, dining, and entertainment just steps away. Move-in ready!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,622
Year Built
- Built in 2008
HOA Fees
- $280 Monthly HOA Fees
Home Design
- Loft
- Studio
- Brick Exterior Construction
- Urethane Roof
- Pre-Cast Concrete Construction
Interior Spaces
- 746 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Entrance Foyer
- City Lights Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
- Home Security System
- Intercom
Parking
- Garage
- Parking Garage Space
- Off-Street Parking
Accessible Home Design
- Modified Kitchen Range
- Doors with lever handles
- Receding Pocket Doors
- Level Entry For Accessibility
Schools
- Thalia Elementary School
- Independence Middle School
- Princess Anne High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Additional Features
- Patio
- Property is near public transit
Community Details
Overview
- Upa Association
- Mid-Rise Condominium
- Studio 56 @ Town Center Subdivision
- On-Site Maintenance
Amenities
- Door to Door Trash Pickup
- Elevator
Security
- Security Service
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,622 | $267,900 | $28,700 | $239,200 |
| 2024 | $3,622 | $255,100 | $27,300 | $227,800 |
| 2023 | $2,476 | $250,100 | $26,800 | $223,300 |
| 2022 | $3,321 | $230,600 | $24,700 | $205,900 |
| 2021 | $1,988 | $200,800 | $21,500 | $179,300 |
| 2020 | $2,655 | $180,900 | $19,400 | $161,500 |
| 2019 | $2,504 | $167,600 | $18,000 | $149,600 |
| 2018 | $1,680 | $167,600 | $18,000 | $149,600 |
| 2017 | $2,388 | $164,400 | $17,600 | $146,800 |
| 2016 | $2,367 | $164,400 | $17,600 | $146,800 |
| 2015 | $2,367 | $164,400 | $17,600 | $146,800 |
| 2014 | $3,428 | $164,400 | $17,600 | $146,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2025 10/07/25 | Price Changed | $285,000 | -3.1% | $382 / Sq Ft |
| 09/16/2025 09/16/25 | Price Changed | $294,000 | -1.8% | $394 / Sq Ft |
| 08/23/2025 08/23/25 | For Sale | $299,500 | -- | $401 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $209,900 | First American Title Ins Co | |
| Warranty Deed | $190,000 | Attorney | |
| Special Warranty Deed | $266,520 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $203,603 | New Conventional | |
| Previous Owner | $130,000 | VA |
Source: Real Estate Information Network (REIN)
MLS Number: 10598856
APN: 1477-44-8892-0552
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