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Sold for $525,000
    • $525,000

    408 Terrace Ct, Virginia Beach, VA 23451

    3beds
    1,855sqft
    Condo
    Built in 1982
    -- sqft lot
    $534,000 Zestimate®
    $283/sqft
    $3,085 Estimated rent

    Home value

    $534,000

    $507,000 - $566,000

    $3,085/mo

    Zestimate® history
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    $3,601/mo

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    What's special

    Welcome to coastal living at its finest! This move in ready condo is just steps from restaurants, parks, and a short walk to the beach, nestled in a quiet neighborhood overlooking the picturesque Rudee Inlet. Featuring an open-concept design with high ceilings, gas fireplace, and custom built-ins. This home offers 3 bedrooms and 2 bathrooms. The first-floor primary suite boasts a private deck and a beautifully remodeled bathroom. Upstairs, you'll find two additional bedrooms, perfect for family or guests. Exterior was fully renovated in 2021 with Hardie Plank and new architectural roof, new front steps, driveway, and front door package. Condo association currently undergoing landscape upgrade between driveways. Enjoy the best of Virginia Beach living with breathtaking views, a prime location, and a home designed for relaxation and entertaining. Don’t miss this opportunity! Property does not allow short term rentals ATTN: Realtors please only contact if representing a buyer

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Hardwood
    • Has fireplace: Yes
    • Fireplace features: masonry
    Interior area
    • Total interior livable area: 1,855 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached, Off-street
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 24270273966210

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1982

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $375 monthly
    Location
    • Region: Virginia Beach

    Financial & listing details

    • Price per square foot: $283/sqft
    • Tax assessed value: $387,000
    • Annual tax amount: $3,754

    Price history

    DateEventPrice
    8/19/2025Sold$525,000-1.4%$283/sqft
    Source: Public Record Report a problem
    5/23/2025Price change$532,500-3%$287/sqft
    Source: REIN Inc. #10576261 Report a problem
    5/1/2025Price change$549,000-1.9%$296/sqft
    Source: REIN Inc. #10576261 Report a problem
    4/4/2025Listed for sale$559,500-0.1%$302/sqft
    Source: REIN Inc. #10576261 Report a problem
    3/27/2025Listing removed--
    Source: Owner Report a problem
    3/9/2025Listed for sale$560,000+89.8%$302/sqft
    Source: Owner Report a problem
    8/28/2012Sold$295,000-0.7%$159/sqft
    Source: Public Record Report a problem
    5/7/2012Sold$297,000$160/sqft
    Source: Public Record Report a problem
    5/6/2009Sold$297,000$160/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,754 +3.1%$387,000 +5.2%
    2024$3,642 +4%$367,900 +4%
    2023$3,501 +8.2%$353,600 +8.2%
    2022$3,235 +5.2%$326,800 +5.2%
    2021$3,075 -7.5%$310,600 +3.5%
    2020$3,323 +9.8%$300,000 -0.6%
    2019$3,027 $301,900
    2018$3,027 +4.5%$301,900 +4.5%
    2017$2,896 -1.3%$288,900 -2.6%
    2016$2,935 +1.4%$296,500 +1.4%
    2015$2,894 $292,300 +2.7%
    2014$2,894 $284,700 +6.5%
    2013-- $267,300
    2012-- $267,300 -2.8%
    2011-- $274,900 -2.6%
    2010-- $282,300 -11.3%
    2007-- $318,304 +18%
    2006-- $269,754 +20%
    2005-- $224,754 +32%
    2004-- $170,204 +31.3%
    2003-- $129,654 +4%
    2002-- $124,654
    2001-- $124,654
    Find assessor info on the county website

    Neighborhood: Seatack

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    GreatSchools rating
    Sell for more on Zillow
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    $534,000
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    +$10,680
    With Zillow Showcase(estimated)
    $544,680
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $534,000
    2% more
    +$10,680
    With Zillow Showcase(estimated)
    $544,680

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