1207 Cypress Ave Virginia Beach, VA 23451
Birdneck NeighborhoodEstimated payment $3,251/month
About This Home
This duplex offers significant potential and would benefit from certain updates; estimates for kitchen and bathroom remodeling are available. It is not a wholesale arrangement—occupy one unit while leasing the other, or lease both units, with average monthly rents of $2,000 per side.The back unit is available for viewing.If you have investors, please inform them. Please call the listing agent for instructions.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,872
Year Built
- Built in 1970
Home Design
- 1,488 Sq Ft Home
- Duplex
- Side-by-Side
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Schools
- W.T. Cooke Elementary School
- Virginia Beach Middle School
- First Colonial High School
Additional Features
- Picket Fence
- Electric Water Heater
Community Details
- Lakewood 142 Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2025 10/01/25 | For Sale | $550,000 | -- | $370 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $270,500 | Attorney | |
| Deed | $107,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $265,600 | FHA | |
| Previous Owner | $106,902 | No Value Available |
Source: Real Estate Information Network (REIN)
MLS Number: 10604255
APN: 2417-95-8060
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