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416 Falling Ln

Virginia Beach, VA 23454

2 bd 2 ba 1,021 sqft Built 1984 Lot 3,002 sqft townhomes
Most recent sale
$192,000
Jun 24, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 30, 2024 Sold $273,250 Public Record
Apr 30, 2024 Listed $260,000 HamptonRoads
Jun 24, 2021 Sold $192,000 Public Record
Apr 28, 2021 Listing removed HamptonRoads
Apr 26, 2021 Listed $189,900 HamptonRoads
Apr 3, 2020 Listing removed RentlinxUnits
Mar 29, 2020 Listed for rent $1,395 RentlinxUnits

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $151,600 $105,000 $256,600 $2,489
2024 $151,600 $105,000 $256,600 $2,052
2023 $118,800 $78,000 $196,800 $1,948
2022 $113,000 $66,700 $179,700 $1,779
2021 $99,000 $59,700 $158,700 $1,571
2020 $86,700 $58,700 $145,400 $1,479
2019 $83,100 $51,100 $134,200 $1,465
2018 $83,100 $51,100 $134,200 $1,345
2017 $79,300 $51,100 $130,400 $1,307
2016 $77,100 $51,100 $128,200 $1,269
2015 $76,800 $51,100 $127,900 $1,266
2014 $70,900 $53,600 $124,500 $1,157
2013 $68,200 $51,100 $119,300 $1,109
2012 $72,700 $51,100 $123,800 $1,176
2011 $80,500 $63,800 $144,300 $1,284
2010 $80,500 $63,800 $144,300 $1,284
2009 $82,300 $67,200 $149,500 $1,330
2008 $87,900 $70,700 $158,600 $1,411
2007 $93,189 $56,500 $149,689 $1,332

Property facts

Year built
1984
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,021 sqft
Lot size
3,002 sqft
ZIP code
23454
City
Virginia Beach
Street
Falling Ln
Coordinates
36.84843, -76.05723

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,532
Gross rental yield
9.58%
Implied cap rate
6.22%
Trend-extrapolated value

Frequently asked questions

When did 416 Falling Ln last sell?
416 Falling Ln most recently sold on Jun 24, 2021 for $192,000.
What is the current tax assessment for 416 Falling Ln?
The most recent total assessment for 416 Falling Ln (year 2025) is $256,600 with $2,489 in property tax.
How does 416 Falling Ln's assessment compare to its last sale price?
The current assessment is 33.6% above the last sale price of $192,000.
When was 416 Falling Ln built?
416 Falling Ln was built in 1984.
How does 416 Falling Ln compare to others on Falling Ln?
We track 8 other properties on Falling Ln. Browse the list under "Other properties on Falling Ln" to compare beds, baths, and sale history.
What are the property facts for 416 Falling Ln?
416 Falling Ln is a 2 bed, 2 bath, 1,021 sqft, 3,002 sqft lot townhomes.
Is 416 Falling Ln a flip candidate?
No — 416 Falling Ln does not appear in our flips dataset.
Is 416 Falling Ln a tax-appeal candidate?
No — 416 Falling Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.2%
Implied 1-yr
-0.9%
2026 Q3
$482.1K
2026 Q4
$481.1K
ZIP 23454 — Median Price History + Forecast

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