342 Falling Ln, Virginia Beach, VA 23454 Property Records

Virginia Beach City property record for 342 Falling Ln, Virginia Beach, VA 23454

Property Summary

Property Type	Townhouse
Details	3 bd · 2 ba · 1,282 sqft · built 1984
Lot Size	0.046 acres (2,001 sqft)
Owner	2 Individual Names on File
Last Sale	$950,000 (Mar 2006)
Tax Bill	$2,313 (2025)
Deeds & Mortgages	Mar 2023 Mortgage Oct 2025 Mortgage + 3 more
APN	`1497-77-6942`

Property Details

APN / Parcel Number

Primary APN	`1497-77-6942`
Alternative APN	`149-777-69420-000`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Total Rooms	5 Rooms
Stories	2 Stories
Building Area	1,282 sqft Living Area
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1984
Effective Year Built	Effective 1984
Architectural Style	Townhouse
Exterior Material	Aluminum/Vinyl
Construction Type	Frame
Foundation Type	Slab (Mat/Raft)
Roof Type	Gable
Roof Material	Composition Shingle
Lot Area	2,001 sqft (0.046 acres)

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Heat Pump
Sewer	Connected

Location & Zoning

Old Parcel Number	1497-77-6942
Street Address	342 FALLING LN
City	VIRGINIA BEACH
State	VA
Zip	23454-3969
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Townhouse
Local Zoning Code	A12
Legal Description	THE WOODS AT LONDON BRIDGE SEC 3 BK L LOT 3
Legal Subdivision	THE WOODS AT LONDON BRIDGE
Legal Block	L
Legal Lot Number	3
Jurisdiction	VIRGINIA BEACH CITY VA
Township / Civil Division	VIRGINIA BEACH
Census Block Group	1
Census Block	1004
Census Tract	44808

Owner

342 Falling Ln, a townhouse, is owned and occupied by two individuals who bought it in March 2006.

Source: Virginia Beach City records, as of July 20, 2026

Owner of Record	2 Individual Names on File
Mailing Address	342 FALLING LN, VIRGINIA BEACH, VA 23454-3969
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Mar 23, 2023	Deed of Trust, Mortgage · FHA Mortgage GLOBAL EQUITY FINANCE INC
Oct 8, 2025	Deed of Trust, Mortgage · FHA Mortgage CENLAR FSB
Jun 3, 2024	Deed of Trust, Mortgage · FHA Mortgage UNITED WHOLESALE MORTGAGE
Dec 16, 2020	Deed of Trust, Mortgage · FHA Mortgage ALLIED MTG
Nov 30, 2019	Deed of Trust, Mortgage · Conventional with PMI AMERISAVE MTG

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Mar 9, 2006 · Amount on File
Deed Sale	Mar 9, 2006 · Amount on File
Prior Sale	Oct 29, 2002 · Amount on File
Deed Document Number	2006363680
Record Updated	Oct 29, 2026

March 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	VIRGINIA BEACH CITY VA
Property Address	342 FALLING LN, VIRGINIA BEACH, VA 23454-3969
Transaction Type	Mortgage
Record Updated	May 8, 2026
Title Company	STEWART TITLE, STEWART TITLE GUARANTY CO

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000009970
Date	Mar 23, 2023
Instrument	202303009970

Lender

Name	GLOBAL EQUITY FINANCE INC
Type	Mortgage Company
Address	SAN DIEGO, CA 92126

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Apr 1, 2053

October 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	VIRGINIA BEACH CITY VA
Property Address	342 FALLING LN, VIRGINIA BEACH, VA 23454-3969
Transaction Type	Mortgage
Record Updated	May 8, 2026
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	342 FALLING LN, VIRGINIA BEACH, VA 23454-3969

Mortgage

Document Number	0000001701
Date	Oct 8, 2025
Instrument	202503041701

Lender

Name	CENLAR FSB
Type	Bank
Address	TRENTON, NJ 08618

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	344 Months
Due	Jun 1, 2054

June 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	VIRGINIA BEACH CITY VA
Property Address	342 FALLING LN, VIRGINIA BEACH, VA 23454-3969
Transaction Type	Mortgage
Record Updated	May 8, 2026
Title Company	STEWART TITLE, STEWART TITLE GUARANTY CO

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000002661
Date	Jun 3, 2024
Instrument	202403022661

Lender

Name	UNITED WHOLESALE MORTGAGE
Type	Mortgage Company
Address	PONTIAC, MI 48341

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jun 1, 2054

December 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	VIRGINIA BEACH CITY VA
Property Address	342 FALLING LN, VIRGINIA BEACH, VA 23454-3969
Document Number	0000119236
Instrument Date	Dec 16, 2020
Transaction Type	Mortgage
Record Updated	Feb 2, 2021
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	342 FALLING LN VIRGINIA BEACH VA 234543969, VIRGINIA BEACH, VA 23454-3969

Mortgage

Document Number	0000119236
Date	Dec 28, 2020
Instrument	119236

Lender

Name	ALLIED MTG
Type	Mortgage Company

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Dec 27, 2050

Interest

Rate Type	Fixed Rate
Rate	2.88%

November 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	VIRGINIA BEACH CITY VA
Property Address	342 FALLING LN, VIRGINIA BEACH, VA 23454-3969
Document Number	0001038100
Instrument Date	Nov 30, 2019
Transaction Type	Mortgage
Record Updated	Jan 13, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	342 FALLING LN VIRGINIA BEACH VA 234543969, VIRGINIA BEACH, VA 23454-3969

Mortgage

Document Number	0001038100
Date	Dec 6, 2019
Instrument	1038100

Lender

Name	AMERISAVE MTG
Type	Mortgage Company

Agreement

Type	Conventional with PMI
Amount	Amount on Record
Term	360 Months
Due	Dec 5, 2049

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

The 2025 property tax bill for 342 Falling Ln was $2,313.

Source: Virginia Beach City assessment roll, as of September 29, 2025

Property Jurisdictions

Type	Name
State	Virginia
Municipality	Virginia Beach City
Unified School District	Virginia Beach City Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,313.00	$238,500 Land $103,000 Building $135,500	$238,500 Land $103,000 Building $135,500
2023	$2,072.00	$209,300 Land $76,000 Building $133,300	$209,300 Land $76,000 Building $133,300

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA has no flood map on file for 342 Falling Ln; there have been 10 flood claims nearby since 1992.

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Not on file
Flood Insurance Cost	Premium on File median of 37 individual policies
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	335 units insured incl. 298 condo units
Nearby Flood Claims	10 (1992–2017)
Claims Outside the SFHA	5 of 10
Most Recent Claim	Jul 2017 · other causes
Claims by Event	Hurricane Irene, Sep 2011 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 342 Falling Ln is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 96% of the US · lower than 98% of Virginia
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF VIRGINIA BEACH serves 437,994 people · EPA ID VA3810900
Water Source	Purchased surface water from CITY OF NORFOLK
Last State Inspection	Jun 2023
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 797 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cox Communications Cable	2,000 / 100
Verizon Fiber · Fixed Wireless in parts of the area	980 / 880
Starlink Satellite	280 / 30
AT&T Fixed Wireless	100 / 20

May also be available: T-Mobile.

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on Falling Ln

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