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Sold for $402,000
  • $402,000

    3805 Formosa Dr, Virginia Beach, VA 23462

    3beds
    2,119sqft
    Condo
    Built in 2005
    -- sqft lot
    $427,600 Zestimate®
    $190/sqft
    $2,754 Estimated rent

    Home value

    $427,600

    $406,000 - $449,000

    $2,754/mo

    Zestimate® history
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    What's special

    The perfect home for relocating military families or for those looking to upgrade/expand their residence! Magnificent single family home in exclusive Park Place at Towne Square neighborhood. Exquisitely landscaped, in a flood free zone, safe and central location. Beautifully maintained 4 bedroom, 2.5 bath home, that shows like a model. Beautiful imitation wood floors in the master bedroom, living and dining room. New side by side refrigerator in the large eat-in kitchen. Community association and sewer/trash fees are included in rent price ($260/month), and cover all exterior yard work by professional landscapers. Community olympic size pool, children's pool, children's park, community gym and clubhouse access. The home is located in front of a huge meadow that children can play in. Easy access to all Norfolk/Virginia Beach military bases. 2,200 square feet, rear entry 2-car garage. Master bedroom on 1st floor with jetted tub and double sink vanity. French doors leading to a fenced in yard with deck and corner garden. Located in the heart of Virginia Beach only two miles to I-264 and Towne Center with high-end shopping and restaurants. Energy efficient home, year round average utility costs approximately $150 per month. Great military neighborhood for families with young children. Walking distance to local grocery store and pharmacies (Kroger Marketplace, Harris Teeter, Walgreens). Sidewalks and running paths. Looking for a family to take care of our home for the next few years. Preferred lease duration is 2 years or more. Pets allowed with owner approval. Sewage, trash, and community association fees included in the rent price ($260/month). Preferred lease duration is 2 years or more. Pets allowed with owner approval.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central, Other
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: None
    • Has fireplace: Yes
    • Fireplace features: masonry
    Interior area
    • Total interior livable area: 2,119 sqft

    Property

    Parking
    • Parking features: Carport, Garage - Attached, Off-street, On-street
    Features
    • Exterior features: Other
    Details
    • Parcel number: 14861220370066

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 2005

    Community & neighborhood

    Community
    • Community features: Fitness Center
    Location
    • Region: Virginia Beach

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $105 monthly

    Other

    Other facts
    • Clubhouse
    • Cooling System: central
    • Guest parking
    • Heating system: Heat
    • Living room
    • Parking Type: attachedGarage
    • Parking Type: street
    • Playground
    • Utilities fee required

    Price history

    DateEventPrice
    12/22/2023Sold$402,000+4.4%$190/sqft
    Source: Public Record Report a problem
    12/15/2023Contingent$385,000$182/sqft
    Source: REIN Inc. #10511439 Report a problem
    11/22/2023Listed for sale$385,000+8.7%$182/sqft
    Source: REIN Inc. #10511439 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    7/29/2017Listing removed$1,900$1/sqft
    Source: Owner Report a problem
    6/26/2017Price change$1,900-5%$1/sqft
    Source: Owner Report a problem
    5/6/2017Listed for rent$2,000-9.1%$1/sqft
    Source: Owner Report a problem
    7/14/2014Listing removed$2,200$1/sqft
    Source: Owner Report a problem
    6/14/2014Price change$2,200+15.8%$1/sqft
    Source: Owner Report a problem
    6/10/2014Listed for rent$1,900$1/sqft
    Source: Owner Report a problem
    8/3/2005Sold$354,326$167/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,634 +9.3%$374,600 +11.5%
    2024$3,325 -2.1%$335,900 -2.1%
    2023$3,398 +7.3%$343,200 +7.3%
    2022$3,167 +19%$319,900 +19%
    2021$2,662 -6.8%$268,900 +4.3%
    2020$2,855 +13.2%$257,800 +2.5%
    2019$2,521 $251,500
    2018$2,521 +5.1%$251,500 +5.1%
    2017$2,400 -6.5%$239,400 -7.7%
    2016$2,567 +12.3%$259,300 +12.3%
    2015$2,286 $230,900 -0.4%
    2014$2,286 $231,800 +1.6%
    2013-- $228,200 -3%
    2012-- $235,300
    2011-- $235,300 -4.9%
    2010-- $247,300 -32.9%
    2007-- $368,825 +22.9%
    2006-- $300,088 +7.1%
    2005-- $280,088

    Find assessor info on the county website

    Neighborhood: 23462

    Nearby schools

    GreatSchools rating
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    $427,600
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    +$8,552
    With Zillow Showcase(estimated)
    $436,152