new - 3 days on rocket

1120 Ocean Trace Ln Unit 103, Virginia Beach, VA, 23451

$229,900

Home List Price

$2,730*

Closing Credit

2 Bedrooms
2 Full Baths
945 SqFt
$243/SqFt
Condo

Location

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1120 Ocean Trace Ln Unit 103, Virginia Beach$229,900

Buyer Closing Credits

$2,730*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingLot, Street
Year Built1987
HeatingHeat Pump
CoolingCentral Air
BasementYes
MLS #10559440
StatusActive
(New Listing)

About 1120 Ocean Trace Ln Unit 103

This nicely updated 2-bedroom 2-bathroom first floor condo features beautiful New LVP flooring throughout, newly painted with Repose Grey, updated kitchen with SS appliances to include a new stove & granite countertop and located in the heart of Beach Borough. A short distance to restaurants, shopping, bases and the beach. Located in a gated community with a pool, playground and covered bike area. Call today to schedule your private showing.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1987
  • Stories: 1
  • Living Area: 945 SqFt

Listing Office:

  • Office Name: Real Broker LLC
  • Listing Agent: Tyson Bradley

Interior Features

Interior Information:

  • Appliances: Dishwasher, /Dryer Connection, Electric Range, Refrigerator, Washer Connection
  • Basement: Yes
  • Flooring Type: Ceramic, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Corner

Parking Information:

  • Parking: Lot, Street

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,900
  • Price Per SqFt: $243/SqFt
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Housing Market Comparison

See how this home compares to others in Virginia Beach, VA.

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Virginia Beach, VA

City

Med. Sold Price

$320K

Med. Price/SqFt

$223

Avg. Days On Market

27

# of Sold Homes

413

1120 Ocean Trace Ln Unit 103 vs Virginia Beach

3 DAYS ON ROCKET

-24 Days

$229,900

-$90.1K Less

$243/SqFt

+$20 More

KEY TAKEAWAY

This property is $90.1K less than the Median Sold Price and $20/SqFt more than other homes in Virginia Beach, VA.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10559440

Listing Office:

  • Office Name: Real Broker LLC
  • Listing Agent: Tyson Bradley

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-983073
5
/10

  • W. T. Cooke Elementary School

  • 1501 Mediterranean Ave

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-983074
6
/10

  • Linkhorn Park Elementary School

  • 977 First Colonial Rd

  • 1.78 miles

  • Public District Grades PK-5

school-card-donut-983075
4
/10

  • Seatack Elementary School

  • 912 S Birdneck Rd

  • 2.41 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,751. Most Virginia Beach, VA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1120 Ocean Trace Ln Unit 103

What is the listing price of this property?

The listing price of 1120 Ocean Trace Ln Unit 103 property is $229,900.

What type of property is this?

The property 1120 Ocean Trace Ln Unit 103 is a condo located in Virginia Beach, Virginia, 23451.

Is this property for sale now?

Active Listing: 1120 Ocean Trace Ln Unit 103 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1120 Ocean Trace Ln Unit 103 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1120 Ocean Trace Ln Unit 103 is 945 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1120 Ocean Trace Ln Unit 103 is 1987.

Rocket Homes›Virginia›Virginia Beach›23451›1120 Ocean Trace Ln Unit 103

This home is located at 1120 Ocean Trace Ln Unit 103 in Virginia Beach, VA and zip code 23451. This 945 square foot home was built in 1987. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $229,900.

In October 2024, from all listings sold in Virginia Beach, VA there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price. In October 2024 in Virginia Beach, VA there were 8.8% more homes for sale than in September 2024. Listings spent 27 days on the market in October 2024, and had a median list price of $320,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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