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653 Ocean Lakes Dr

Virginia Beach, VA 23454

2 bd 3 ba 1,560 sqft Built 1986 condo
Most recent sale
$255,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $255,000 Public Record
Apr 3, 2022 Listed $245,000 MLS #10429523
Jun 18, 2007 Sold $196,000 Public Record
Dec 12, 2002 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $200,100 $75,000 $275,100 $2,668
2024 $200,100 $75,000 $275,100 $2,487
2023 $162,400 $66,000 $228,400 $2,261
2022 $129,600 $56,000 $185,600 $1,837
2021 $121,000 $46,000 $167,000 $1,653
2020 $119,800 $37,900 $157,700 $1,605
2019 $88,000 $37,900 $125,900 $1,367
2018 $88,000 $37,900 $125,900 $1,262
2017 $90,200 $37,900 $128,100 $1,284
2016 $90,200 $34,900 $125,100 $1,239
2015 $80,600 $33,500 $114,100 $1,130
2014 $76,700 $36,400 $113,100 $1,016
2013 $76,700 $36,400 $113,100 $1,052
2012 $78,700 $37,500 $116,200 $1,104
2011 $95,500 $54,300 $149,800 $1,333
2010 $100,600 $57,200 $157,800 $1,404
2009 $100,600 $71,500 $172,100 $1,532
2008 $111,800 $71,500 $183,300 $1,631
2007 $110,280 $55,000 $165,280 $1,470

Property facts

Year built
1986
Property type
condo
Stories
2
Beds
2
Baths
3
Living area
1,560 sqft
Lot size
ZIP code
23454
City
Virginia Beach
Street
Ocean Lakes Dr
Coordinates
36.78375, -75.97728

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,340
Gross rental yield
11.01%
Implied cap rate
7.16%
Trend-extrapolated value

Frequently asked questions

When did 653 Ocean Lakes Dr last sell?
653 Ocean Lakes Dr most recently sold on May 2, 2022 for $255,000.
What is the current tax assessment for 653 Ocean Lakes Dr?
The most recent total assessment for 653 Ocean Lakes Dr (year 2025) is $275,100 with $2,668 in property tax.
How does 653 Ocean Lakes Dr's assessment compare to its last sale price?
The current assessment is 7.9% above the last sale price of $255,000.
When was 653 Ocean Lakes Dr built?
653 Ocean Lakes Dr was built in 1986.
How does 653 Ocean Lakes Dr compare to others on Ocean Lakes Dr?
We track 8 other properties on Ocean Lakes Dr. Browse the list under "Other properties on Ocean Lakes Dr" to compare beds, baths, and sale history.
What are the property facts for 653 Ocean Lakes Dr?
653 Ocean Lakes Dr is a 2 bed, 3 bath, 1,560 sqft condo.
Is 653 Ocean Lakes Dr a flip candidate?
No — 653 Ocean Lakes Dr does not appear in our flips dataset.
Is 653 Ocean Lakes Dr a tax-appeal candidate?
No — 653 Ocean Lakes 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
-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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