The Sanctuary at False Cape 3738 Sandpiper Rd Unit 224B Virginia Beach, VA 23456
Sandbridge Neighborhood
3
Beds
2
Baths
1,606
Sq Ft
2007
Built
Highlights
- Ocean Front
- Fitness Center
- Contemporary Architecture
- Red Mill Elementary School Rated A
- Clubhouse
- 4-minute walk to False Cape State Park
About This Home
As of March 2025Luxury condo in an oceanfront complex with excellent rental potential. fully furnished and furnishings include a new high quality leather theater seating sectional and patio furniture. Upgraded floors, trim work and fresh paint. Large private balcony overlooks one of the complex’s three pools. Onsite resteraunt and 2 fitness gyms. Potential gross rental of $50,800! Newer HVAC.Buyer must honor all confirmed rentals and sign the Purchase addendum in the Documents folder.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,319
Year Built
- Built in 2007
HOA Fees
- $1,431 Monthly HOA Fees
Property Views
- Ocean
- Bay
Home Design
- Contemporary Architecture
- Property Attached
- Metal Roof
- Pile Dwellings
Interior Spaces
- 1,606 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Window Treatments
- Entrance Foyer
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- Garage
- Parking Available
Accessible Home Design
- Accessible Elevator Installed
- Doors with lever handles
- Level Entry For Accessibility
- Standby Generator
Schools
- Red Mill Elementary School
- Princess Anne Middle School
- Kellam High School
Utilities
- Heat Pump System
- Electric Water Heater
- Sewer Paid
- Cable TV Available
Additional Features
- Porch
- Ocean Front
Community Details
Overview
- 757 689 8984 Association
- Mid-Rise Condominium
- Sandbridge Beach Subdivision
- On-Site Maintenance
Amenities
- Door to Door Trash Pickup
- Clubhouse
Recreation
- Fitness Center
- Community Pool
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2025
Closed on
Feb 12, 2025
Sold by
Barr Brett C and Barr Susan F
Bought by
Belvedere Realty Llc
Seller's Agent
Timothy White
Siebert Realty
Buyer's Agent
Michael Daugherty
Own Real Estate LLC
List Price
$419,999
Sold Price
$419,900
Premium/Discount to List
-$99
-0.02%
Total Days on Market
55
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,485
Avg. Annual Appreciation
6.76%
Original Mortgage
$314,925
Outstanding Balance
$314,403
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$112,982
Similar Homes in Virginia Beach, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $419,900 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $314,925 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | Sold | $419,900 | 0.0% | $261 / Sq Ft |
| 02/28/2025 02/28/25 | Pending | -- | -- | -- |
| 01/03/2025 01/03/25 | For Sale | $419,999 | -- | $262 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
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 | $4,319 | $440,700 | $57,500 | $383,200 |
| 2023 | $4,078 | $411,900 | $53,700 | $358,200 |
| 2022 | $3,681 | $364,500 | $47,500 | $317,000 |
| 2021 | $3,609 | $364,500 | $47,500 | $317,000 |
| 2020 | $3,569 | $337,500 | $44,000 | $293,500 |
| 2019 | $3,637 | $337,500 | $44,000 | $293,500 |
| 2018 | $3,383 | $337,500 | $44,000 | $293,500 |
| 2017 | $3,260 | $306,800 | $40,000 | $266,800 |
| 2016 | $3,098 | $295,000 | $38,500 | $256,500 |
| 2015 | $3,098 | $295,000 | $38,500 | $256,500 |
| 2014 | $2,761 | $278,900 | $41,900 | $237,000 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy White
Seller's Agent in 2025
Timothy White
Siebert Realty
(757) 426-7558
26 in this area
36 Total Sales
-
Michael Daugherty
Buyer's Agent in 2025
Michael Daugherty
Own Real Estate LLC
(757) 298-6420
2 in this area
978 Total Sales
About The Sanctuary at False Cape
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10564988
APN: 2432-73-7229-2224
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