7 days on Rocket
$3,561 Closing Credit¹
#10585574, Sarah Barker, Listing office: A Better Way Realty Inc.
$265,000 List price
5240 Settlers Park Dr Virginia Beach, VA 23464
$3,147
Closing credit¹
3 beds
2 full
1,360 sqft
$195 / sqft
Townhouse
Property details
About 5240 Settlers Park Dr
Welcome to 5240 Settlers Park Drive – a 3 bed, 2 bath, 1,360 sq ft townhouse in the desirable community of Virginia Beach. This home is a blank canvas, ready for your personal touch! With great bones and cosmetic updates needed, it’s the perfect opportunity to make it your own with instant equity! Enjoy a spacious layout, private fenced patio, and plenty of storage. The community offers fantastic amenities including a pool, playgrounds, tennis courts, and walking trails. Conveniently located near shopping, dining, military bases, and highways. Don’t miss this chance to invest in a home with potential in a vibrant, amenity-rich neighborhood. Open House this Sunday from 11am to 1pm.
Highlights
Home typeTownhouse
HeatingElectric
StatusActive
CoolingCentral Air
Size1,360 sqft
BasementYes
Year built1984
ParkingDriveway Spc, Street
MLS #10583213
FireplaceWood Burning Fireplace
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Dryer, /Dryer Connection, Electric Range, Refrigerator, Washer, Washer Connection
- Basement: Yes
- Flooring Type: Carpet, Vinyl
- Interior: Dual Entry Bath (Br & Hall), Fireplace Wood
- Fireplace: Wood Burning Fireplace
- Total Bedroom Count: 3
- Private Pool: No
- Parking: Driveway Spc, Street
- Exterior: Storage Shed
- Architectural Style: Townhouse, Traditional
- Heating: Electric
- Cooling: Central Air
- List Price: $265,000
- Price/SqFt: $194
- HOA Amount: $35 Monthly
- Annual Tax Amount: $2,224
- Tax Year: 2024
- Year Built: 1984
- Stories: 2
- Living Area: 1,360 SqFt
- MLS Number: 10583213
- Office Name: Keller Williams Realty Twn Ctr
- Listing Agent: Nancy Bui
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$265,000
5240 Settlers Park Dr
$3,147
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $224,700 | $2,224 |
| 2023 | $210,400 | $2,082 |
| 2022 | $197,600 | $1,956 |
| 2021 | $171,300 | $1,695 |
| 2020 | $159,800 | $1,625 |
| 2019 | $151,900 | $1,522 |
| 2018 | $151,900 | $1,444 |
| 2017 | $144,100 | $1,444 |
History based on county public records data.
Nearby schools
4
Indian Lakes Elementary School
Public District PK-5
1.0 mi
•1240 Homestead Dr
7
Providence Elementary School
Public District PK-5
1.4 mi
•4968 Providence Rd
6
Glenwood Elementary School
Public District PK-5
1.7 mi
•2213 Round Hill Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,718. Residents of Virginia Beach, VA typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
10%
<35k
74%
35k-100k
14%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
38%
Single, No Kids
18%
Single, with Kids
20%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
31%
18-34 yrs old
39%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Soccer
College Basketball
Basketball
Where do the neighbors shop?
Burlington
Dillards
Ross Dress For Less
Where do the neighbors go to eat?
Wingstop
Logan's Roadhouse
Jasons Deli
What do the neighbors drive?
Nissan
Hyundai
Acura
What do the neighbors listen to?
Christian Adult Contemporary
Rock
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5240 Settlers Park Dr
The listing price of 5240 Settlers Park Dr property is $265,000.
The property 5240 Settlers Park Dr is a townhouse located in Virginia Beach, Virginia, 23464.
Active Listing: 5240 Settlers Park Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5240 Settlers Park Dr are: Indian Lakes Elementary School (GreatSchools Rating 4/10), Providence Elementary School (GreatSchools Rating 7/10), Glenwood Elementary School (GreatSchools Rating 6/10), Salem Middle School (GreatSchools Rating 8/10), Kempsville Middle School (GreatSchools Rating 6/10), Brandon Middle School (GreatSchools Rating 5/10), Salem High School (GreatSchools Rating 7/10), Tallwood High School (GreatSchools Rating 7/10), Kempsville High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $2,224 (source: MLS/based on county public records data).
The property at 5240 Settlers Park Dr has 3 bedrooms and 2 bathrooms.
The property 5240 Settlers Park Dr is 1,360 SqFt (source: MLS/tax record).
The year of construction for 5240 Settlers Park Dr is 1984.
This home is located at 5240 Settlers Park Dr in Virginia Beach, VA and zip code 23464 in the Salem neighborhood. This 1,360 square foot home was built in 1984. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $265,000.
In May 2025 more than 1 listings in Virginia Beach, VA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below. In May 2025 in Virginia Beach, VA there were 12.9% more homes for sale than in April. In May 2025, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $600,000.
From Rocket Homes Real Estate and based on county public records data.