$450,000 - $595,000
RENTED JUN 1, 2025
2 Beds
1 Bath
750 Sq Ft
$684 Price per Sq Ft

Highlights

  • Bungalow
  • Ceramic Tile Flooring
  • Property has 1 Level
  • W.T. Cooke Elementary School Rated A-
  • Baseboard Heating

About This Home

As of June 2025

This 2-bedroom, 1-bathroom duplex provides a tranquil escape within the city. The fenced backyard is great for barbecues and evening relaxation. Features include low-maintenance laminate flooring, tiled kitchen and bathroom, freshly painted walls, and appliances such as a washer, dryer, and refrigerator. Only a few blocks to the beach, this home combines city convenience with suburban charm. The neighborhood has local shops, eateries, and everything you need within a short distance. The DOME and ATLANTIC WATER PARK, where you can surf everyday are less than 10 blocks away. Pets are welcome on a case-by-case basis. Email or text for more information and schedule a private viewing.

Last Agent to Rent the Property

Mary Paschall

Inlet Properties Inc. Listed on: 04/14/2025

Inlet Properties Inc.

Last Renter's Agent

Mary Paschall

Inlet Properties Inc. Listed on: 04/14/2025

Inlet Properties Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,872

Year Built

  • Built in 1970

Lot Details

  • 6,242 Sq Ft Lot

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Bungalow
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 750 Sq Ft Home
  • Property has 1 Level
  • Window Treatments
  • Electric Range

Flooring

  • Laminate
  • Ceramic Tile

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

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Lakewood 142 Subdivision

Listing and Financial Details

  • Rent includes sewer, trash pick up, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,872

Year Built

Built in 1970

Lot Details

0

Rental Info

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

Listing Details

  • Property Type: Rental
  • Property Type - Cross Property: Rental
  • Style: Bungalow
  • GarageYN: No
  • LP/ Sq Ft: 2.47
  • Estimated Year Built: 1970
  • Address Street Name Website: Cypress
  • Address Street Num Website: 1207
  • Address Website: 1207 Cypress AVE
  • Fence: No
  • Insurance Required Y N: Yes
  • Market Time: 36
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Ceiling Fans: 1
  • Flooring Type: Ceramic, Laminate/LVP
  • Windows Treatments: Curtains
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Appliances: Dryer, Elec Range, Refrigerator, Washer
  • Floor Level: 1
  • Stories Number: 1.0000
  • Estimated Sq Ft: 750

Exterior Features

  • Foundation Type: Slab
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: 2 Space

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Window/Wall
  • Heating: Basebd

Condo/Co-op/Association

  • Pets: Pet Deposit Addl, Pet Fee Addl, Pet Rent Addl

Schools

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

Lot Info

  • Waterfront YN: No
  • Estimated Acres: 0.1433

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
Jun 22, 2017
Sold by
Frierson William D and Frierson Grace A
Bought by
Pope Timothy M
Current Estimated Value
$512,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Outstanding Balance
$221,105
Interest Rate
4.05%
Mortgage Type
FHA
Estimated Equity
$291,546

Purchase Details

Closed on
Oct 30, 1998
Sold by
Swim Richard O
Bought by
Evans Theodore H and Jessica J Perrin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,902
Interest Rate
6.64%
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
Pope Timothy M $270,500 Attorney
Evans Theodore H $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pope Timothy M $265,600
Previous Owner Evans Theodore H $106,902
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2025 06/01/25 Rented $1,850 0.0% --
05/21/2025 05/21/25 Off Market $1,850 -- --
04/21/2025 04/21/25 Price Changed $1,850 -7.3% $2 / Sq Ft
04/14/2025 04/14/25 For Rent $1,995 -- --
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 $3,872 $449,000 $332,800 $116,200
2024 $3,872 $399,200 $320,000 $79,200
2023 $3,942 $398,200 $320,000 $78,200
2022 $3,468 $350,300 $299,800 $50,500
2021 $3,218 $325,100 $299,800 $25,300
2020 $2,484 $244,100 $219,500 $24,600
2019 $2,464 $250,000 $227,300 $22,700
2018 $2,506 $250,000 $227,300 $22,700
2017 $2,533 $252,700 $219,500 $33,200
2016 $2,434 $245,900 $209,000 $36,900
2015 $2,319 $234,200 $198,600 $35,600
2014 $2,207 $218,500 $182,900 $35,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10578573

Real Estate Information Network (REIN)

APN: 2417-95-8060