See Home Value
$637,619*
House - Off Market

408 Grace Avenue

Virginia Beach, VA 23451
bedrooms
4 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
2124 Sqft
$576,000 - $704,000
Reference Base Price*
-0.37%
Since Nov 1, 2023
National-US
Primary Model
Sold Aug 06, 2021
$525,000
$543,900 by Southern Trust Mortgage, Llc
Mortgage Due Aug 01, 2051
Sold Feb 28, 2017
$421,500
$379,350 by Movement Mortgage Llc
Mortgage

About This Property

Come check out this beautiful move-in ready home in Rudee Heights before it's gone! You will want to show this one first! Just 3 blocks from the beach, Rudee Inlet & resort area. Enjoy your waterview! Hardwood flooring. Amazing kitchen with custom cabinets & granite. Many updates throughout. Sit back and relax in your private backyard perfect for entertaining with patio, outdoor shower & more! Quiet & friendly neighborhood. No flood insurance required. Welcome home!

The manager has listed the unit size as 2124 square feet.
Unit Size
2,124Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$301
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1994

Price History

Date / Event Date Event Price
Oct 2, 2023 No longer available -
No longer available
Jun 1, 2023 Listed $640,000
Listed
Feb 17, 2022 No longer available -
No longer available
Jan 20, 2022 Price Decreased $650,000
↓ $10K (1.5%)
Price Decreased
Dec 20, 2021 Price Decreased $660,000
↓ $15K (2.2%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,960
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,124
  • Building Area: 2,124
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,124
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RUDEE HEIGHTS
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RUDEE HEIGHTS LOT 13 A 6,251 SQ FT BY PLAT

Ownership

  • Current Owner : MICHAEL S REFF REVOCABLE TRUST
  • Previous Owner : CONLEY-JOHNSON LISA M
  • Owner Before Previous Owner: JOSHUA TJE
  • Owner Before Previous Owner 2: REVOCA KIMBERLY COE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 044008

Zoning

  • Zoning: 21

Geography

  • Parcel: 24271072220000
  • Lot: 13
  • Municipality: BEACH
  • Latitude: 36.8264
  • Longitude: -75.9756

    Address

  • Full Address: 408 Grace Ave
  • Address - House Number: 408
  • Address - Street Name: Grace
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 7152
  • Zip Code: 23451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,214
  • Tax Rate Code Area: D05

    Appraisal Valuation

  • Standard Deviation: 0.0638
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 97
  • Final Value: 631,656
  • High Value: 672,007
  • Low Value: 591,306

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $543,900
  • First Open Lien Mortgage Lender: SOUTHERN TRUST MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Jan 23, 2024
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $543,900
  • First Open Lien Mortgage Term: 330
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $526,700
  • Market Land Value: $283,500
  • Market Improvement Value: $243,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,700
  • Assessed Land Value: $283,500
  • Assessed Improvements Value: $243,200

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11881103748
  • Current Sale Price: $525,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 63577
  • Previous Sale Recording Date: Feb 28, 2017
  • Previous Sale Contract Date: Feb 27, 2017
  • Previous Sale Amount: $421,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $543,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Feb 28, 2017
  • Previous Mortgage Loan Amount: $379,350
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,578 ft²
$232/ft²
$599,000 May 30, 2023
-
$446/mo

About Dam Neck Naval Air Station


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Frequently Asked Questions

When was property at 408 Grace Avenue built and last sold?
The property at 408 Grace Avenue was built in 1994 and last sold on Jul 29, 2021 for $525,000.
How much is this home worth?
The estimated value of the home located at 408 Grace Avenue is $664,008.
What are some comparable homes to 408 Grace Avenue?
Homes that are comparable to 408 Grace Avenue include a house property at 707 Carolina Avenue, located in Virginia Beach, VA.

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