1120 Ocean Trace Ln
Virginia Beach, VA 23451
2 bd 2 ba 945 sqft Built 1987 condo
Most recent sale
$211,500
Jun 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 10, 2022 | Sold | $211,500 | Public Record |
| May 9, 2022 | Listed | $210,000 | MLS #10435702 |
| Feb 4, 2014 | Sold | $155,000 | Public Record |
| Jan 19, 2014 | Listing removed | $165,000 | HamptonRoads |
| Dec 10, 2013 | Listed | $165,000 | MLS #1349968 |
| Nov 4, 2013 | Listing removed | $167,500 | HamptonRoads |
| May 3, 2013 | Listed | $167,500 | MLS #1318118 |
| May 4, 2011 | Listing removed | $210,500 | HamptonRoads |
| Apr 17, 2011 | Listed | $210,500 | MLS #1115699 |
| Mar 20, 2011 | Listing removed | $210,500 | HamptonRoads |
| Oct 9, 2010 | Relisted | $210,500 | MLS #1040705 |
| Oct 5, 2010 | Listing removed | $210,500 | HamptonRoads |
| Sep 13, 2010 | Listed | $210,500 | MLS #1040705 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $139,900 | $85,000 | $224,900 | $2,181 |
| 2024 | $139,900 | $85,000 | $224,900 | $2,063 |
| 2023 | $128,100 | $75,000 | $203,100 | $2,010 |
| 2022 | $109,800 | $70,000 | $179,800 | $1,780 |
| 2021 | $91,500 | $69,200 | $160,700 | $1,591 |
| 2020 | $81,500 | $62,000 | $143,500 | $1,460 |
| 2019 | $80,500 | $60,000 | $140,500 | $1,487 |
| 2018 | $80,500 | $60,000 | $140,500 | $1,409 |
| 2017 | $84,100 | $60,000 | $144,100 | $1,445 |
| 2016 | $82,300 | $60,000 | $142,300 | $1,409 |
| 2015 | $73,200 | $60,000 | $133,200 | $1,319 |
| 2014 | $82,700 | $72,000 | $154,700 | $1,439 |
| 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 | $1,622 |
| 2010 | $102,400 | $79,800 | $182,200 | $1,622 |
| 2009 | $102,400 | $88,400 | $190,800 | $1,698 |
| 2008 | $102,400 | $88,400 | $190,800 | $1,698 |
| 2007 | $57,349 | $57,000 | $114,349 | $1,017 |
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 Ln
Coordinates
36.84740, -75.99996
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,418
Gross rental yield
8.05%
Implied cap rate
5.23%
Trend-extrapolated value
—
Frequently asked questions
When did 1120 Ocean Trace Ln last sell?
1120 Ocean Trace Ln most recently sold on Jun 10, 2022 for $211,500.
What is the current tax assessment for 1120 Ocean Trace Ln?
The most recent total assessment for 1120 Ocean Trace Ln (year 2025) is $224,900 with $2,181 in property tax.
How does 1120 Ocean Trace Ln's assessment compare to its last sale price?
The current assessment is 6.3% above the last sale price of $211,500.
When was 1120 Ocean Trace Ln built?
1120 Ocean Trace Ln was built in 1987.
How does 1120 Ocean Trace Ln compare to others on Ocean Trace Ln?
We track 2 other properties on Ocean Trace Ln. Browse the list under "Other properties on Ocean Trace Ln" to compare beds, baths, and sale history.
What are the property facts for 1120 Ocean Trace Ln?
1120 Ocean Trace Ln is a 2 bed, 2 bath, 945 sqft condo.
Is 1120 Ocean Trace Ln a flip candidate?
No — 1120 Ocean Trace Ln does not appear in our flips dataset.
Is 1120 Ocean Trace Ln a tax-appeal candidate?
No — 1120 Ocean Trace Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.5%
Implied 1-yr
-1.9%
2026 Q3
$897K
2026 Q4
$892.6K
ZIP 23451 — Median Price History + Forecast
Explore nearby
Geography
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