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Sold for $1,025,000
  • $1,025,000

    1416 Berkshire Ln, Virginia Beach, VA 23451

    3beds
    2,300sqft
    Single Family Residence
    Built in 1960
    0.57 Acres Lot
    $1,062,300 Zestimate®
    $446/sqft
    $3,813 Estimated rent

    Home value

    $1,062,300

    $999,000 - $1.14M

    $3,813/mo

    Zestimate® history
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    What's special

    Charming three bedroom brick ranch located in the heart of Bay Colony on a great street! Very well maintained with a gorgeous and spacious fenced yard. Loads of character with large rooms, two fireplaces, hardwood floors, built in bookcases, custom moldings and more. Beautiful half acre lot with a side load garage. Great location near the beaches, boardwalk, dining and shopping! 2025-08-15

    Zillow last checked:

    Bought with:

    Virginia Beach - Beach Office

    Source: Berkshire Hathaway HomeServices Towne Realty Solds,MLS#: 10589279

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Features
    • Has fireplace: Yes
    Interior area
    • Total structure area: 2,300
    • Total interior livable area: 2,300 sqft

    Property

    Lot
    • Size: 0.57 Acres
    Details
    • Parcel number: 24192048320000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1960

    Community & HOA

    Location
    • Region: Virginia Beach

    Financial & listing details

    • Price per square foot: $446/sqft
    • Tax assessed value: $912,000
    • Annual tax amount: $8,846
    • Date on market: 8/16/2025

    Price history

    DateEventPrice
    8/15/2025Sold$1,025,000+3%$446/sqft
    Source: Berkshire Hathaway HomeServices Towne Realty Solds #c60353256b4859fd3eedd98de3222a14 Report a problem
    6/25/2025Contingent$995,000$433/sqft
    Source: REIN Inc. #10589279 Report a problem
    6/20/2025Listed for sale$995,000$433/sqft
    Source: REIN Inc. #10589279 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,846 +8.9%$912,000 +11.1%
    2024$8,124 +25.2%$820,600 +25.2%
    2023$6,486 +5.7%$655,200 +5.7%
    2022$6,139 +6.9%$620,100 +6.9%
    2021$5,743 -12.2%$580,100 -1.7%
    2020$6,538 +12.7%$590,300 +2%
    2019$5,800 $578,600
    2018$5,800 +2.7%$578,600 +2.7%
    2017$5,648 +10.4%$563,400 +9.1%
    2016$5,114 +7%$516,600 +7%
    2015$4,778 $482,600 +0.3%
    2014$4,778 $481,100 +4.2%
    2013-- $461,500 +3.7%
    2012-- $445,200
    2011-- $445,200 -6.2%
    2010-- $474,500 -23.6%
    2007-- $621,480 +9.1%
    2006-- $569,586 +27.3%
    2005-- $447,414 +21.8%
    2004-- $367,414 +21.9%
    2003-- $301,328
    2002-- $301,328 +16.5%
    2001-- $258,626
    Find assessor info on the county website

    Neighborhood: Bay Colony

    Nearby schools

    GreatSchools rating
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    $1,062,300
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    $1,083,546