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727 Spence Cir, Virginia Beach, VA, 23462

3beds
2baths
1,249sqft
$289,999
$232price/sqft
$2,029/moest. monthly cost
$81,160/yrincome needed

About This Home

MOVE RIGHT IN! AFFORDABLE, BEAUTIFULLY RENOVATED END UNIT WITH NEW LVP FLOORING, CARPET & FRESH PAINT THROUGHOUT. NEW KITCHEN INCLUDING CABINETS, GRANITE COUNTERS, STAINLESS UNDERMOUNT SINKS, STOVE. SPARKLING RESURFACED BATHTUB. IT ALL FEELS BRIGHT, SHINY & NEW. ENJOY THE CONVENIENCE OF NEARBY SHOPPING, RESTAURANTS & EASY INTERSTATE ACCESS. LESS THAN 3 MILES FROM TOWN CENTER.

Getting Around

45
WalkingCar-Dependent
32
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

5/10
Larkspur Middle SchoolGrades 6-81.0 mi
5/10
Green Run High SchoolGrades PK,9-121.1 mi

Construction

Condition

  • Year built: 1980

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Transitional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: 220 V Elec,Dishwasher,Disposal,Range,Refrigerator,Solar Hot Water

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Walk-In Closet(s),Ceiling Fan(s)
  • Flooring: Carpet,Laminate/LVP
  • Common walls with other units/homes: End Unit

Heating & Cooling

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

Interior Area

  • Total interior livable area: 1,249 sqft

Kitchen

  • Level: First

Utility Room

  • Level: First

Property

Accessibility

  • Accessibility features: Stepless Entrance

Details

  • Parcel number: 14768546300000
  • Attached to another structure: Yes
  • Zoning: PDH1

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None,Association
  • Fencing: Back Yard,Privacy,Wood,Fenced
  • Waterfront features: Not Waterfront

Parking

  • Parking features: Off Street,Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,466$17,592
Home Insurance *$127$1,524
Property Taxes $234$2,808
Electricity $202$2,433
Total$2,029$24,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,565/yr
40% on housing$60,870/yr
45% on housing$54,106/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$232This listing

vs Other Active Listings

Avg $/sqft

ZIP 23462$182
Virginia Beach City$291

vs Homes Sold Last Month

Median $/sqft

ZIP 23462$233
Virginia Beach City$249

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

No price history available

For Sale by Agent

AgentDarnise Hayden
BrokerageBHHS RW Towne Realty

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