$650,000
UNDER CONTRACT

408 Grace Ave Virginia Beach, VA 23451

Estimated payment $4,045/month

Total Views 90,346
4 Beds
2.5 Baths
2,124 Sq Ft
$306 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Bamboo Flooring
  • No HOA
  • W.T. Cooke Elementary School Rated A-
  • Loft
  • Breakfast Area or Nook

About This Home

Experience the ultimate beach lifestyle without draining your wallet in this exquisite 4 bedroom, 2.5 bathroom gem just a stone's throw away from the oceanfront! Tucked away near the picturesque Rudee Bridge, this home underwent a full renovation in 2013 and exudes tropical charm with its lush front yard landscaping. Take in stunning water views from the third-floor balcony and bask in the sunshine at this dreamy beach retreat. Conveniently located just minutes from shops, The Dome, top-notch restaurants, and the renowned Aquarium. Priced well below its appraised value, this beach haven is a steal you won't want to miss!

Listing Agent

Melissa Gates

The Bryant Group Listed on: 05/09/2025

The Bryant Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,037

Year Built

  • Built in 1994

Lot Details

  • 5,959 Sq Ft Lot
  • Back Yard Fenced
  • Property is zoned R75

Home Design

  • Traditional Architecture
  • Asphalt Shingled Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,124 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Loft
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking

Outdoor Features

  • Balcony
  • Porch

Schools

  • W.T. Cooke Elementary School
  • Virginia Beach Middle School
  • First Colonial High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rudee Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,037

Year Built

Built in 1994

Lot Details

0

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property Type - Cross Property: Detached Residential
  • Style: Traditional
  • GarageYN: Yes
  • AICUZ - Crash: None
  • AICUZ - Noise: 70-75
  • Master Model: No
  • LP/ Sq Ft: 306.03
  • Estimated Year Built: 1994
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Grace
  • Address Street Num Website: 408
  • Address Website: 408 Grace AVE
  • Fence: Yes
  • Market Time: 94
  • Contingency Exists: Contingent
  • Special Features: UnderContract
  • Stories: 3
  • Year Built: 1994

Interior Features

  • Interior Amenities: Fireplace Gas-natural, Skylights, Walk-In Closet
  • Fireplaces Number: 1
  • Equipment: Cable Hookup, Ceiling Fan
  • Flooring Type: Bamboo, Carpet, Ceramic
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • First Floor Bedroom/Full Bathrooms: No
  • Other Rooms: Balcony, Breakfast Area, Loft, PBR with Bath, Porch
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Stories Number: 3.0000
  • Estimated Sq Ft: 2124

Exterior Features

  • Exterior Siding: Vinyl
  • Fence Description: Back Fenced
  • Foundation Type: Crawl
  • Pool: No Pool
  • Roof: Asphalt Shingle, Metal
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Garage Att 1 Car, Driveway Spc, Street
  • Garage Sq Ft: 288

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Forced Hot Air

Schools

  • Elementary School: W.T. Cooke Elementary
  • Middle School: Virginia Beach Middle
  • High School: First Colonial

Lot Info

  • Waterfront YN: No
  • Zoning: R75
  • Estimated Acres: 0.1368

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 6037

MLS Schools

  • Elementary School: W.T. Cooke Elementary
  • School High School: First Colonial
  • Middle School: Virginia Beach Middle

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,037 $622,400 $360,000 $262,400
2023 $5,214 $526,700 $283,500 $243,200
2022 $5,060 $220,600 $0 $220,600
2021 $5,682 $478,900 $259,700 $219,200
2020 $4,892 $480,800 $259,700 $221,100
2019 $4,455 $409,300 $220,600 $188,700
2018 $4,103 $409,300 $220,600 $188,700
2017 $3,696 $368,700 $206,700 $162,000
2016 $3,622 $365,900 $203,900 $162,000
2015 $3,102 $313,300 $184,300 $129,000
2014 $3,526 $365,800 $215,100 $150,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $650,000 -3.7% $306 / Sq Ft
07/18/2025 07/18/25 Price Changed $675,000 -3.6% $318 / Sq Ft
06/27/2025 06/27/25 Price Changed $700,000 -2.1% $330 / Sq Ft
06/20/2025 06/20/25 Price Changed $715,000 -1.4% $337 / Sq Ft
05/24/2025 05/24/25 Price Changed $725,000 -3.3% $341 / Sq Ft
05/09/2025 05/09/25 For Sale $750,000 -- $353 / Sq Ft
Source: Real Estate Information Network (REIN)

Purchase History

Date Type Sale Price Title Company
Gift Deed -- Fine Fine Legum & Mccracken Ll
Gift Deed -- None Available
Warranty Deed $421,500 Attorney
Special Warranty Deed -- --
Trustee Deed $411,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $543,900 VA
Previous Owner $379,350 New Conventional
Source: Public Records

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Source: Real Estate Information Network (REIN)

MLS Number: 10582787

Real Estate Information Network (REIN)

APN: 2427-10-7222