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500 Ocean Trace Arch

Virginia Beach, VA 23451

2 bd 2 ba 945 sqft Built 1987 condo
Most recent sale
$201,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $201,000 Public Record
Jul 10, 2022 Listed $191,900 MLS #10446589
Jul 20, 2017 Listing removed $1,100 AppfolioUnits
Jun 30, 2017 Listed for rent $1,100 AppfolioUnits
Jan 22, 2014 Listing removed $1,295 HamptonRoads
Jan 10, 2014 Listed for rent $1,295 HamptonRoads
Jun 3, 2009 Sold $196,500 Public Record
Apr 16, 2009 Listing removed $198,000 HamptonRoads
Apr 4, 2009 Listed $198,000 MLS #0913188

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $109,800 $70,000 $179,800 $1,780
2021 $91,500 $69,200 $160,700 $1,590
2020 $81,500 $62,000 $143,500 $1,460
2019 $80,500 $60,000 $140,500 $1,486
2018 $80,500 $60,000 $140,500 $1,408
2017 $84,100 $60,000 $144,100 $1,444
2016 $82,300 $60,000 $142,300 $1,408
2015 $73,200 $60,000 $133,200 $1,318
2014 $82,700 $72,000 $154,700 $1,438
2013 $83,600 $72,000 $155,600 $1,447
2012 $92,000 $75,800 $167,800 $1,594
2011 $102,400 $79,800 $182,200 $1,621
2010 $102,400 $79,800 $182,200 $1,621
2009 $102,400 $88,400 $190,800 $1,698
2008 $102,400 $88,400 $190,800 $1,698
2007 $129,350 $57,000 $186,350 $1,658

Property facts

Year built
1987
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
945 sqft
Lot size
ZIP code
23451
City
Virginia Beach
Street
Ocean Trace Arch
Coordinates
36.84719, -75.99916

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
$1,418
Gross rental yield
8.47%
Implied cap rate
5.50%
Trend-extrapolated value

Frequently asked questions

When did 500 Ocean Trace Arch last sell?
500 Ocean Trace Arch most recently sold on Jul 28, 2022 for $201,000.
What is the current tax assessment for 500 Ocean Trace Arch?
The most recent total assessment for 500 Ocean Trace Arch (year 2022) is $179,800 with $1,780 in property tax.
How does 500 Ocean Trace Arch's assessment compare to its last sale price?
The current assessment is 10.5% below the last sale price of $201,000.
When was 500 Ocean Trace Arch built?
500 Ocean Trace Arch was built in 1987.
How does 500 Ocean Trace Arch compare to others on Ocean Trace Arch?
We track 8 other properties on Ocean Trace Arch. Browse the list under "Other properties on Ocean Trace Arch" to compare beds, baths, and sale history.
What are the property facts for 500 Ocean Trace Arch?
500 Ocean Trace Arch is a 2 bed, 2 bath, 945 sqft condo.
Is 500 Ocean Trace Arch a flip candidate?
No — 500 Ocean Trace Arch does not appear in our flips dataset.
Is 500 Ocean Trace Arch a tax-appeal candidate?
No — 500 Ocean Trace Arch 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
-0.5%
Implied 1-yr
-1.9%
2026 Q3
$897K
2026 Q4
$892.6K
ZIP 23451 — Median Price History + Forecast

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