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1232 Grace Hill Dr

Virginia Beach, VA 23455

3 bd 3 ba 1,778 sqft Built 2007 condo
Most recent sale
$312,500
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 16, 2025 Price changed for rent $2,450 AppfolioUnits
Feb 16, 2025 Listed for rent $2,595 AppfolioUnits
May 9, 2022 Sold $312,500 Public Record
Apr 3, 2022 Listed $310,000 MLS #10429359
Jun 14, 2021 Sold $273,500 Public Record
May 9, 2021 Listed $269,900 MLS #10375810
Apr 21, 2018 Listing removed $1,650 HamptonRoads
Apr 10, 2018 Listed for rent $1,650 HamptonRoads
Jun 8, 2016 Sold $200,000 Public Record
Apr 15, 2016 Listing removed $192,750 HamptonRoads
Mar 21, 2016 Listed $192,750 MLS #1613521
Nov 29, 2007 Sold $254,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $218,600 $100,000 $318,600 $3,090
2024 $218,600 $100,000 $318,600 $2,927
2023 $194,400 $90,500 $284,900 $2,820
2022 $185,600 $78,000 $263,600 $2,609
2021 $170,300 $62,000 $232,300 $2,300
2020 $165,000 $62,000 $227,000 $2,310
2019 $151,000 $62,000 $213,000 $2,217
2018 $151,000 $62,000 $213,000 $2,135
2017 $142,800 $62,000 $204,800 $2,053
2016 $137,900 $62,000 $199,900 $1,979
2015 $144,400 $64,000 $208,400 $2,063
2014 $146,800 $64,000 $210,800 $1,960
2013 $152,800 $64,000 $216,800 $2,016
2012 $152,800 $64,000 $216,800 $2,060
2011 $155,800 $80,000 $235,800 $2,099
2010 $155,800 $80,000 $235,800 $2,099
2009 $160,300 $80,000 $240,300 $2,139
2008 $166,400 $80,000 $246,400 $2,193

Property facts

Year built
2007
Property type
condo
Stories
2
Beds
3
Baths
3
Living area
1,778 sqft
Lot size
ZIP code
23455
City
Virginia Beach
Street
Grace Hill Dr
Coordinates
36.87174, -76.15973

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,667
Gross rental yield
10.24%
Implied cap rate
6.66%
Trend-extrapolated value

Frequently asked questions

When did 1232 Grace Hill Dr last sell?
1232 Grace Hill Dr most recently sold on May 9, 2022 for $312,500.
What is the current tax assessment for 1232 Grace Hill Dr?
The most recent total assessment for 1232 Grace Hill Dr (year 2025) is $318,600 with $3,090 in property tax.
How does 1232 Grace Hill Dr's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $312,500.
When was 1232 Grace Hill Dr built?
1232 Grace Hill Dr was built in 2007.
How does 1232 Grace Hill Dr compare to others on Grace Hill Dr?
We track 8 other properties on Grace Hill Dr. Browse the list under "Other properties on Grace Hill Dr" to compare beds, baths, and sale history.
What are the property facts for 1232 Grace Hill Dr?
1232 Grace Hill Dr is a 3 bed, 3 bath, 1,778 sqft condo.
Is 1232 Grace Hill Dr a flip candidate?
No — 1232 Grace Hill Dr does not appear in our flips dataset.
Is 1232 Grace Hill Dr a tax-appeal candidate?
No — 1232 Grace Hill Dr 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
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$514.5K
2026 Q4
$523.2K
ZIP 23455 — Median Price History + Forecast

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