3556 Shore Dr Unit 1001 in Virginia Beach sells for $1.13 million

The condominium at 3556 Shore Dr Unit 1001 sold for $1,125,000 on August 21, 2026. That is 61% above its last recorded sale, for $700,000 in 2025, according to the Virginia Beach Real Estate Assessor's sales records.

An aerial photo shows the parcel steps from the bay, with a pool and apartment and condo buildings around it.

The record lists Michael Paul Zarpas and Marie Louise Zarpas as the buyer.

City of Virginia Beach Office of the Real Estate Assessor's records show a build year of 1985 and a market value of $1,213,200. Listing data shows 3 bedrooms and 3 bathrooms.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Virginia Beach?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $1,125 for the grantor's tax and $675 for the regional transportation improvement fee (Hampton Roads grantor's tax). Who pays what follows Virginia Beach custom.

How much did the seller net?

By our estimate, the seller netted about $1,065,008. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $255,145 at closing. That covers the down payment and closing costs.

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