RENTED JUL 7, 2026

314 Falling Ln Virginia Beach, VA 23454

Great Neck Neighborhood

Estimated Value: $266,280 - $278,000

2 Beds
1.5 Baths
1,178 Sq Ft
$231/Sq Ft Est. Value

Highlights

  • Traditional Architecture
  • Jack-and-Jill Bathroom
  • Central Air
  • Great Neck Middle School Rated A
  • Government Subsidized Program
  • Carpet

About This Home

As of July 2026

Freshly updated townhome in a prime Great Neck location! Featuring new carpet, LVP flooring, and fresh paint throughout. Enjoy an open floor plan with a cozy fireplace, eat-in kitchen, and a large storage shed/workshop. Conveniently located near beaches, military bases, shopping, dining, and more. Welcome home!!

Last Agent to Rent the Property

Justin Grant

Pelican Real Estate LLC Listed on: 06/15/2026

Last Renter's Agent

Justin Grant

Pelican Real Estate LLC Listed on: 06/15/2026

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1984

Lot Details

  • 1,873

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,178 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Jack-and-Jill Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Driveway

Schools

  • King's Grant Elementary School
  • Great Neck Middle School
  • Frank W. Cox High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Back Yard Fenced
  • Government Subsidized Program

Listing and Financial Details

  • Section 8 Allowed
  • 12 Month Lease Term

Community Details

Overview

  • Woods At London Bridge Subdivision

Pet Policy

  • Pet Deposit Required

Townhouse Details

Home Type

Townhome

Year Built

Built in 1984

Lot Details

1,873 Sq Ft Lot

Rental Info

  • Rental Type: Townhouse
  • Lease Type: Yearly
  • Lease Conditions: Gov. Subsidized, Lease, Section 8 Eligible, Security Deposit
  • Rent Includes: None

Listing Details

  • Property Type: Rental
  • Property Type - Cross Property: Rental
  • Style: Traditional
  • GarageYN: No
  • Unit Description: 2 Living Lvl
  • LP/ Sq Ft: 1.53
  • Estimated Year Built: 1984
  • Address Street Name Website: Falling
  • Address Website: 314 Falling LN
  • Fence: Yes
  • Insurance Required Y N: Yes
  • Contingency Exists: Non Contingent
  • AddressLine: 314 Falling LN, VIRGINIABEACH VA 23454
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Interior Amenities: Dual Entry Bath (Br & Br)
  • Flooring Type: Carpet, Laminate/LVP
  • Windows Treatments: None
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • First Floor Bedroom/Full Bathrooms: No
  • Appliances: Dishwasher, Dryer, Microwave, Elec Range, Refrigerator, Washer
  • Floor Level: 2
  • Stories Number: 2.0000
  • Estimated Sq Ft: 1178

Exterior Features

  • Fence Description: Back Fenced
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: 2 Space, Driveway Spc

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Heat Pump

Condo/Co-op/Association

  • Pets: Pet Deposit Addl

Lot Info

  • Waterfront YN: No

MLS Schools

  • Elementary School: King's Grant Elementary
  • School High School: Frank W. Cox
  • Middle School: Great Neck Middle

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2015
Sold by
Bought by
Current Estimated Value
$272,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,391
Outstanding Balance
$111,095
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$161,475

Purchase Details

Closed on
Aug 26, 2015
Sold by
Bought by

Purchase Details

Closed on
Apr 20, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,938
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,396
Interest Rate
7.2%

Purchase Details

Closed on
Jan 17, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 9, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
6.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$144,000 Attorney
$113,000 None Available
$169,000 --
$69,900 --
$33,500 --
$42,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $141,391
Previous Owner $165,938
Previous Owner $67,396
Previous Owner $37,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/07/2026 07/07/26 Rented $1,800 0.0% --
06/15/2026 06/15/26 For Rent $1,800 -- --
Source: Real Estate Information Network (REIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,243 $231,200 $95,000 $136,200
2024 $2,172 $223,900 $88,000 $135,900
2023 $2,067 $208,800 $75,000 $133,800
2022 $1,848 $186,700 $65,000 $121,700
2021 $1,717 $173,400 $58,000 $115,400
2020 $1,582 $155,500 $57,000 $98,500
2019 $1,603 $147,600 $49,700 $97,900
2018 $1,480 $147,600 $49,700 $97,900
2017 $1,436 $143,200 $49,700 $93,500
2016 $1,391 $140,500 $49,700 $90,800
2015 $662 $133,700 $49,700 $84,000
2014 $1,150 $129,200 $52,200 $77,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2026

    Justin Grant

    Pelican Real Estate LLC

See All Agents

Map

Source: Real Estate Information Network (REIN)

MLS Number: 10639811

Real Estate Information Network (REIN)

APN: 1497-77-9866

Virginia Virginia Beach County Virginia Beach 23454 Great Neck

314 Falling Ln, Virginia Beach, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Information Network (REIN) The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.
Copyright 2026 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.
REIN updates its listings on a daily basis.
Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.
Some or all of the listings (or listings Data) represented in this application have been enhanced with Data not provided by REIN. The enhancements are as follows: mapping, demographics, and economics. The source of these enhancements are: GreatSchools, CoStar, Google, Walk Score, How Loud, Collateral Analytics, Black Knight, First American, and Quantarium.
This application does not include information on all of the properties available for sale at this time.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.