NOT LISTED FOR SALE

Estimated Value: $221,188

2 Beds
2 Baths
1,250 Sq Ft
1993 Built

Highlights

  • Lake Front
  • Deck
  • 1 Fireplace
  • Diamond Springs Elementary School Rated A-
  • Contemporary Architecture
  • Breakfast Area or Nook

About This Home

As of January 2025

Beautifully renovated lakefront oasis in the heart of Virginia Beach! Just minutes away from Virginia Beach Town Center. In addition to the large, private outdoor space, this condo offers 2 bedrooms, 2 bathrooms and an open floor plan. Conveniently located close to Town Center, interstate, shopping, schools and bases.

Last Agent to Rent the Property

Imran Ashraff

Long & Foster Real Estate Inc. Listed on: 11/15/2024

Long & Foster Real Estate Inc.

Last Renter's Agent

Imran Ashraff

Long & Foster Real Estate Inc. Listed on: 11/15/2024

Long & Foster Real Estate Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,902

Year Built

  • Built in 1993

Lot Details

  • Lake Front
  • Cul-De-Sac

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,250 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Entrance Foyer
  • Utility Closet
  • Storage Room
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck
  • Storage Shed
  • Porch

Schools

  • Luxford Elementary School
  • Bayside Middle School
  • Bayside High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maint, trash pick up

Community Details

Overview

  • Lake Cypress Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup

Pet Policy

  • Pet Restriction

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,902

Year Built

Built in 1993

Lot Details

0

Rental Info

  • Rental Type: Condominium/Co-op
  • Lease Type: Yearly
  • Lease Conditions: Lease
  • Rent Includes: Ground Maint, Trash Pick Up

Listing Details

  • Property Type: Rental
  • Property Type - Cross Property: Rental
  • Style: Contemp, Traditional
  • GarageYN: No
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 1.56
  • Neighborhood Name: LAKE CYPRESS
  • Estimated Year Built: 1993
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Gas Light
  • Address Street Num Website: 1033
  • Address Website: 1033 Gas Light LN
  • Fence: No
  • Insurance Required Y N: Yes
  • Market Time: 68
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1993

Interior Features

  • Interior Amenities: Walk-In Closet, Window Treatments
  • Fireplaces Number: 1
  • Equipment: Ceiling Fan
  • Flooring Type: Ceramic, Laminate/LVP
  • Windows Treatments: Blinds
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor BR, 1st Floor Primary BR, Assigned Storage, Balcony, Breakfast Area, Foyer, PBR with Bath, Porch, Utility Closet
  • Appliances: Dishwasher, Disposal, Dryer, Energy Star Appliance(s), Microwave, Elec Range, Refrigerator, Washer
  • Floor Level: 1
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1250

Exterior Features

  • Exterior Features: Cul-De-Sac, Deck, Storage Shed
  • Fence Description: None
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • View: Water
  • Waterfront Description: Lake

Garage/Parking

  • Parking: Assigned/Reserved, Multi Car, Off Street, Driveway Spc

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Nat Gas

Condo/Co-op/Association

  • Amenities COA/POA: Ground Maint, Trash Pickup
  • Pets: Pet Fee Addl, Pet Rent Addl, Pet Restrictions

Schools

  • Elementary School: Luxford Elementary
  • Middle School: Bayside Middle
  • High School: Bayside

Lot Info

  • Waterfront YN: Yes

MLS Schools

  • Elementary School: Luxford Elementary
  • School High School: Bayside
  • Middle School: Bayside Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Asfara Associates Llc
Bought by
Kareem Ashraff A
Current Estimated Value
$221,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,478
Outstanding Balance
$129,927
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$91,261

Purchase Details

Closed on
May 1, 2021
Sold by
Schuck Min Yan P
Bought by
Asfara Associates Llc

Purchase Details

Closed on
May 22, 2014
Sold by
Bank Of America Na
Bought by
Schuck Donald C

Purchase Details

Closed on
Feb 19, 2014
Sold by
Wittstadt Title & Escrow Co
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 13, 2007
Sold by
Peele Eva L
Bought by
Hamlet Earl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
6.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Kareem Ashraff A -- Priority Title And Escrow
Asfara Associates Llc $140,000 Fidelity National Ttl Ins Co
Schuck Donald C $90,000 --
Bank Of America Na $84,418 --
Hamlet Earl W $181,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kareem Ashraff A $142,478
Previous Owner Hamlet Earl W $181,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Off Market $1,950 -- --
01/22/2025 01/22/25 Rented $1,950 0.0% --
12/23/2024 12/23/24 Price Changed $1,950 -2.5% $2 / Sq Ft
11/15/2024 11/15/24 For Rent $2,000 -- --
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
2024 $1,902 $196,100 $73,000 $123,100
2023 $1,833 $185,200 $66,000 $119,200
2022 $1,684 $170,100 $57,900 $112,200
2021 $1,445 $146,000 $49,000 $97,000
2020 $1,399 $137,500 $49,000 $88,500
2019 $1,304 $124,800 $47,000 $77,800
2018 $1,251 $124,800 $47,000 $77,800
2017 $1,168 $116,500 $42,000 $74,500
2016 $1,147 $115,900 $40,300 $75,600
2015 $1,169 $118,100 $40,300 $77,800
2014 $795 $114,800 $40,300 $74,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10559442

Real Estate Information Network (REIN)

APN: 1468-43-8477-0111