$715,000
SOLD JAN 18, 2023

The Sanctuary at False Cape Virginia Beach, VA 23456

Sandbridge Neighborhood
3 Beds
2 Baths
1,627 Sq Ft
$1,449/mo HOA Fee

Recently Sold

$439 Per Sq Ft

27 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Heat Pump System
  • Red Mill Elementary School Rated A
  • Cooling Available
  • 4-minute walk to False Cape State Park

About This Home

As of March 2024

1,620 SQFT Oceanfront condo, 3 bed /2 bath

Last Agent to Sell the Property

Patrick Barnes

Daniel And Daniel Realty, Inc. License #0225226255 Listed on: 12/22/2022

Last Buyer's Agent

Patrick Barnes

Daniel And Daniel Realty, Inc. License #0225226255 Listed on: 12/22/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,745

Year Built

  • Built in 2007

Lot Details

  • Waterfront

HOA Fees

  • $1,449 Monthly HOA Fees

Home Design

  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,627 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

Schools

  • Centerville Elementary School
  • Great Neck Middle School
  • Kellam High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 243-273-72292-108

Community Details

Recreation

  • In Ground Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,745

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,449 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2007
  • Property Attached Yn: Yes
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Low Rise
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1627.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Pool Features: In Ground, Pool
  • Waterfront: Yes
  • Disclosures: Disclosure on File
  • Construction Type: Block, Stucco
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1449.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Great Neck

Lot Info

  • Parcel Number: 243-273-72292-108
  • Zoning Description: B4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6745.0

MLS Schools

  • Elementary School: Centerville
  • High School: Kellam

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2023
Closed on
Mar 21, 2024
Sold by
Farkas Mitchell S and Farkas Gail R
Bought by
3738 Sandpiper Road Llc
Seller's Agent
Patrick Barnes
Daniel And Daniel Realty, Inc.
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Views
207
Current Estimated Value
$834,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,456
Avg. Annual Appreciation
2.85%

Purchase Details

Listed on
Oct 21, 2023
Closed on
Feb 21, 2024
Sold by
Barnes Thomas Patrick and Barnes Rachel N
Bought by
Farkas Mitchell S and Farkas Gail R
Seller's Agent
Patrick Barnes
Daniel And Daniel Realty, Inc.
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Views
207

Purchase Details

Listed on
Dec 22, 2022
Closed on
Jan 3, 2023
Sold by
Herzog John
Bought by
Barnes Thomas Patrick and Barnes Rachel N
Seller's Agent
Patrick Barnes
Daniel And Daniel Realty, Inc.
Buyer's Agent
Patrick Barnes
Daniel And Daniel Realty, Inc.
List Price
$715,000
Sold Price
$715,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$415,000
Interest Rate
6.33%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 2, 2007
Sold by
Sanctuary At False Cape
Bought by
Ross Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,920
Interest Rate
6.59%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed $800,000 None Listed On Document
Deed $715,000 First American Title
Warranty Deed $899,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $415,000 Seller Take Back
Previous Owner $719,920 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $800,000 -1.8% $492 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
12/11/2023 12/11/23 Price Changed $815,000 -2.4% $501 / Sq Ft
11/11/2023 11/11/23 Price Changed $835,000 -1.8% $513 / Sq Ft
10/21/2023 10/21/23 For Sale $850,000 +18.9% $522 / Sq Ft
01/18/2023 01/18/23 Sold $715,000 0.0% $439 / Sq Ft
12/22/2022 12/22/22 For Sale $715,000 -- $439 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

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 $7,603 $775,800 $101,200 $674,600
2023 $7,178 $725,100 $94,600 $630,500
2022 $6,812 $674,500 $88,000 $586,500
2021 $6,265 $632,800 $82,500 $550,300
2020 $6,612 $625,200 $81,600 $543,600
2019 $6,737 $625,200 $81,600 $543,600
2018 $6,268 $625,200 $81,600 $543,600
2017 $6,321 $594,900 $77,600 $517,300
2016 $6,006 $572,000 $74,600 $497,400
2015 $6,006 $572,000 $74,600 $497,400
2014 $6,228 $629,100 $94,300 $534,800
Source: Public Records

Agents Affiliated with this Home

  • Patrick Barnes

    Seller's Agent in 2024

    Patrick Barnes

    Daniel And Daniel Realty, Inc.

    (804) 691-5490

    2 in this area

    113 Total Sales

    Patrick Barnes
    Section Image

  • N

    Buyer's Agent in 2024

    NON MLS USER MLS

    NON MLS OFFICE

See All Agents

About The Sanctuary at False Cape

Source: Central Virginia Regional MLS

MLS Number: 2232889

Central Virginia Regional MLS

APN: 2432-73-7229-2108

Virginia Virginia Beach County Virginia Beach 23456

Sandbridge

This home and is currently priced at $715,000, approximately $439 per square foot. This property was built in 2007. This home is a home located in Virginia Beach City with nearby schools including Red Mill Elementary School, Princess Anne Middle School, and Floyd E. Kellam High School.

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.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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