RENTED MAR 12, 2025

Estimated Value: $522,000 - $594,000

2 Beds
1 Bath
600 Sq Ft
$910/Sq Ft Est. Value

Highlights

  • Bungalow
  • Forced Air Heating and Cooling System
  • Property has 1 Level
  • W.T. Cooke Elementary School Rated A-
  • Concrete Flooring

About This Home

As of March 2025

Completely updated duplex. Small fenced yard and off-street parking just blocks to the Virginia Beach Boardwalk. convenient to restaurants, schools and shopping. 1 pet considered with $250 pet fee. Application available at atkinsonrealtyrentals.com/vacancies with $50 application fee.

Last Agent to Rent the Property

Carolyne Nelson

Atkinson Realty Listed on: 08/15/2024

Last Renter's Agent

Carolyne Nelson

Atkinson Realty Listed on: 08/15/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • Back Yard Fenced

Parking

  • Driveway

Home Design

  • Duplex
  • Bungalow
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 600 Sq Ft Home
  • Property has 1 Level
  • Blinds
  • Concrete Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • W.T. Cooke Elementary School
  • Virginia Beach Middle School
  • First Colonial High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trash pick up, water
  • 12 Month Lease Term

Community Details

Overview

  • Lakewood 142 Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Rental Info

  • Rental Type: Duplex
  • Lease Type: Yearly
  • Lease Conditions: Additional Fees, Lease, Security Deposit
  • Rent Includes: Sewer, Trash Pick Up, Water

Listing Details

  • Property Type: Rental
  • Property Type - Cross Property: Rental
  • Style: Bungalow
  • GarageYN: No
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 3.00
  • Estimated Year Built: 1952
  • Address Street Name Website: Mediterranean
  • Address Website: 1002 Mediterranean AVE
  • Fence: Yes
  • Insurance Required Y N: Yes
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1952

Interior Features

  • Interior Amenities: Window Treatments
  • Flooring Type: Concrete
  • Windows Treatments: Blinds
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, 1st Floor Primary BR
  • Appliances: 220 V Elec, Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
  • Floor Level: 1
  • Stories Number: 1.0000
  • Estimated Sq Ft: 600

Exterior Features

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

Garage/Parking

  • Parking: Driveway Spc

Utilities

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

Condo/Co-op/Association

  • Pets: Pet Fee Addl, Pet Restrictions

Lot Info

  • Waterfront YN: No

MLS Schools

  • Elementary School: W.T. Cooke Elementary
  • School High School: First Colonial
  • Middle School: Virginia Beach Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2024
Sold by
Csm Associates Llc
Bought by
Griffin Matthew S and Griffin Tamara L
Current Estimated Value
$545,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$442,529
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$103,369

Purchase Details

Closed on
Nov 14, 2016
Sold by
Jard Kenned L
Bought by
Csm Associates Llc A Virginia Limited Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Griffin Matthew S $600,000 Fidelity National Title Insura
Csm Associates Llc A Virginia Limited Li $215,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Matthew S $450,000
Previous Owner Csm Associates Llc A Virginia Limited Li $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2025 03/12/25 Rented $1,800 0.0% --
03/10/2025 03/10/25 Price Changed $1,800 -10.0% $3 / Sq Ft
10/09/2024 10/09/24 Price Changed $2,000 -20.0% $3 / Sq Ft
08/15/2024 08/15/24 For Rent $2,500 -- --
Source: Real Estate Information Network (REIN)

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
2025 $4,030 $468,300 $301,600 $166,700
2024 $4,030 $415,500 $290,000 $125,500
2023 $3,972 $401,200 $290,000 $111,200
2022 $3,910 $394,900 $222,700 $172,200
2021 $3,719 $375,700 $222,700 $153,000
2020 $3,330 $327,300 $219,500 $107,800
2019 $3,234 $298,700 $227,300 $71,400
2018 $2,994 $298,700 $227,300 $71,400
2017 $2,421 $241,500 $219,500 $22,000
2016 $2,247 $227,000 $209,000 $18,000
2015 $2,136 $215,800 $198,600 $17,200
2014 $2,110 $205,400 $182,900 $22,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10547277

Real Estate Information Network (REIN)

APN: 2427-04-3576