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1928 Tibbetstown Drive

1928 Tibbetstown Drive, Virginia Beach, VA 23454
Property in Virginia Beach
Sold Jan 31, 2022
$350,000
$339,500 by Tidewater Mortgage Services In
Mortgage Due Feb 01, 2052
Sold Mar 05, 2010
$250,000
$255,375 by Old Virginia Mortgage Inc
Mortgage
1928 Tibbetstown Drive has been categorized by the local assessors in Virginia Beach, VA as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1928 Tibbetstown Drive has 1,348 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,829 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 408 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1928 Tibbetstown Drive was last sold in Jan 13, 2022 for $350,000. According to our calculations, that's $259.64 per sqft. Prior to that sales transaction, the property was sold for $250,000 in Feb 24, 2010. Current property owners are expected to pay $3,530 in taxes per year. The property on 1928 Tibbetstown Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $356,600. To break that down further, the land itself was valued at $130,000. While improvements to the property were assessed at a total of $226,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
Off Street Parking
Oversized Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 408
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,829
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,348
  • Building Area: 1,348
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,348
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OCEAN LAKES
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OCEAN LAKES PHASE 2 SEC 2 BK A LOT 224

Ownership

  • Current Owner : DEROSIER JESSICA
  • Current Owner 2: DEROSIER SCOTT
  • Previous Owner : BERKENKAMP SEAN D
  • Owner Before Previous Owner: BETZ KEVIN E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 045427

Zoning

  • Zoning: 18

Geography

  • Assessors Map Reference: PM L142
  • Parcel: 24148890090000
  • Block: A
  • Lot: 224
  • Municipality: PRINCESS ANNE
  • Latitude: 36.7659
  • Longitude: -75.9873

    Address

  • Full Address: 1928 Tibbetstown Dr
  • Address - House Number: 1928
  • Address - Street Name: Tibbetstown
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C031
  • 4-Digit Zip Code: 6743
  • Zip Code: 23454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,530
  • Tax Rate Code Area: D05

    Appraisal Valuation

  • Standard Deviation: 0.1383
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 83
  • Final Value: 379,477
  • High Value: 431,973
  • Low Value: 326,980

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $339,500
  • First Open Lien Mortgage Lender: TIDEWATER MORTGAGE SERVICES IN
  • First Open Lien Mortgage Recording Date: Jan 31, 2022
  • First Open Lien Mortgage Loan Amount: $339,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $356,600
  • Market Land Value: $130,000
  • Market Improvement Value: $226,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $356,600
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $226,600

    Sales

  • Current Sale Contract Date: Jan 13, 2022
  • Current Sale Recording Date: Jan 31, 2022
  • Current Sale Transaction ID: 11879130271
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6792
  • Previous Sale Recording Date: Mar 05, 2010
  • Previous Sale Contract Date: Feb 24, 2010
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TIDEWATER MORTGAGE SERVICES IN
  • First Mortgage Transaction Date: Jan 31, 2022
  • First Mortgage Loan Amount: $339,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: OLD VIRGINIA MORTGAGE INC
  • Previous Mortgage Transaction Date: Mar 05, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $255,375
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Virginia Beach



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Frequently Asked Questions

What neighborhood is 1928 Tibbetstown Drive located in?
The 1928 Tibbetstown Drive is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 1928 Tibbetstown Drive?
The average sales price for units in 1928 Tibbetstown Drive is $0 currently.

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