Seller's Agent in 2025
Betsy Thompson
The Agency
(757) 434-4193
7 in this area
520 Total Sales
1117 Tibbetstown Ct Virginia Beach, VA 23454
Virginia Beach Central Neighborhood
4
Beds
3
Baths
1,834
Sq Ft
9,583
Sq Ft Lot
Highlights
- Clubhouse
- Main Floor Primary Bedroom
- Tennis Courts
- Ocean Lakes Elementary School Rated A-
- Community Pool
- Breakfast Area or Nook
About This Home
As of July 2025Welcome to this spacious 4-bedroom, 3-bath, 2-story home nestled on a quiet cul-de-sac in a charming neighborhood! Step inside to find new vinyl flooring throughout the first floor and cozy carpet upstairs. The flexible floor plan offers plenty of space for relaxing or entertaining. The large backyard is full of potential—whether you dream of a BBQ oasis, a cozy fire pit lounge, or a garden retreat, the space is ready for your personal touch. Conveniently located near shopping, dining, and more—don’t miss your chance to own this gem!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,814
Year Built
- Built in 1986
Lot Details
- 9,583 Sq Ft Lot
- Cul-De-Sac
- Back Yard Fenced
- Property is zoned R5D
HOA Fees
- $35 Monthly HOA Fees
Home Design
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,834 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Washer and Dryer Hookup
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
Parking
- 1 Car Attached Garage
- On-Street Parking
Schools
- Ocean Lakes Elementary School
- Corporate Landing Middle School
- Ocean Lakes High School
Utilities
- Central Air
- Gas Water Heater
Community Details
Overview
- Ocean Lakes Subdivision
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2025
Closed on
Jul 23, 2025
Sold by
Trute Craig J and Trute Stefanie
Bought by
Deane Lake Sterling and Winter Ian Patrick
Seller's Agent
Betsy Thompson
The Agency
Buyer's Agent
Paul Meise
Creed Realty
List Price
$375,000
Sold Price
$415,000
Premium/Discount to List
$40,000
10.67%
Views
330
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$332,000
Outstanding Balance
$332,000
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$89,882
Purchase Details
Closed on
May 31, 2005
Sold by
Matthews Mark G
Bought by
Trute Craig J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,138
Interest Rate
5.83%
Mortgage Type
VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $415,000 | First American Title Insurance | |
| Warranty Deed | $239,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $332,000 | New Conventional | |
| Previous Owner | $279,910 | VA | |
| Previous Owner | $244,138 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Sold | $415,000 | +10.7% | $226 / Sq Ft |
| 07/10/2025 07/10/25 | Pending | -- | -- | -- |
| 06/24/2025 06/24/25 | For Sale | $375,000 | -- | $204 / 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 | $3,814 | $393,200 | $149,500 | $243,700 |
| 2023 | $3,575 | $361,100 | $130,000 | $231,100 |
| 2022 | $3,266 | $329,900 | $113,000 | $216,900 |
| 2021 | $3,029 | $306,000 | $99,500 | $206,500 |
| 2020 | $2,975 | $292,400 | $94,000 | $198,400 |
| 2019 | $2,858 | $273,200 | $94,000 | $179,200 |
| 2018 | $2,739 | $273,200 | $94,000 | $179,200 |
| 2017 | $2,785 | $277,800 | $94,000 | $183,800 |
| 2016 | $2,555 | $258,100 | $91,400 | $166,700 |
| 2015 | $2,410 | $243,400 | $101,600 | $141,800 |
| 2014 | $2,118 | $244,300 | $109,200 | $135,100 |
Source: Public Records
Agents Affiliated with this Home
-
Betsy Thompson
-
Paul Meise
Buyer's Agent in 2025
Paul Meise
Creed Realty
(757) 472-5454
3 in this area
49 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10589737
APN: 2414-87-6822
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