2038 Petersen Way Suffolk, VA 23434
Cyprus Neighborhood
3
Beds
2.5
Baths
1,307
Sq Ft
$95/mo
HOA Fee
Highlights
- Deck
- Traditional Architecture
- Corner Lot
- Recreation Room
- Attic
- Breakfast Area or Nook
About This Home
As of May 2025This beautiful modern townhome located in central Suffolk is just minutes away from the interstate, Route 58 and Downtown Suffolk & shopping, & fine dining. The first-floor level hosts an array of storage space, one-car garage, & a finished space with a walkout to the backyard that may be used for an additional bedroom or entertaining space. Find a well-designed & airy open floor plan on the main level, allowing family & friends to gather. The kitchen offers plenty of counter space along with a prep island great for gathering together. The half bathroom & private balcony are also located on the second level. All three bedrooms are located on the third level including the owner's suite, which features a private bath & spacious walk-in closet. The community offers a playground area, dog park, trails & picnic tables.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,939
Year Built
- Built in 2020
HOA Fees
- $95 Monthly HOA Fees
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,307 Sq Ft Home
- 3-Story Property
- Window Treatments
- Entrance Foyer
- Recreation Room
- Utility Closet
- Washer and Dryer Hookup
- Attic
- Basement
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
Parking
- 1 Car Attached Garage
- Driveway
Outdoor Features
- Balcony
- Deck
Schools
- Mack Benn Jr. Elementary School
- John F. Kennedy Middle School
- Kings Fork High School
Utilities
- Central Air
- Heat Pump System
- Programmable Thermostat
- Electric Water Heater
Community Details
Overview
- Moores Pointe Subdivision
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2025
Closed on
May 13, 2025
Sold by
Sinchongco Raven and Southall John
Bought by
Jones Reshun D
Seller's Agent
Linda Brandon
BHHS RW Towne Realty
Buyer's Agent
Letecia Jones
EXIT Realty Central
List Price
$300,000
Sold Price
$309,000
Premium/Discount to List
$9,000
3%
Views
133
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.66%
Original Mortgage
$309,000
Outstanding Balance
$309,000
Interest Rate
6.64%
Mortgage Type
VA
Estimated Equity
-$6,069
Purchase Details
Closed on
Jun 15, 2020
Sold by
Nvr Inc
Bought by
Southall John and Sinchongco Raven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,436
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 10, 2020
Sold by
Moores Pointe Llc
Bought by
Nvr Inc
Similar Homes in Suffolk, 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 |
|---|---|---|---|
| Deed | $309,000 | Fidelity National Title | |
| Special Warranty Deed | $217,976 | Stewart Title Guaranty Co | |
| Special Warranty Deed | $315,000 | Nvr Settlement Services |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $309,000 | VA | |
| Previous Owner | $211,436 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Pending | -- | -- | -- |
| 05/16/2025 05/16/25 | Sold | $309,000 | +3.0% | $236 / Sq Ft |
| 04/10/2025 04/10/25 | For Sale | $300,000 | -- | $230 / 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 | $3,332 | $274,700 | $70,000 | $204,700 |
| 2023 | $3,332 | $267,600 | $70,000 | $197,600 |
| 2022 | $2,592 | $237,800 | $70,000 | $167,800 |
| 2021 | $2,416 | $217,700 | $70,000 | $147,700 |
| 2020 | $2,416 | $217,700 | $70,000 | $147,700 |
| 2019 | $777 | $70,000 | $70,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Brandon
Seller's Agent in 2025
Linda Brandon
BHHS RW Towne Realty
(757) 405-8516
3 in this area
82 Total Sales
-
Letecia Jones
Buyer's Agent in 2025
Letecia Jones
EXIT Realty Central
(757) 748-7474
1 in this area
8 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10577758
APN: 306003686
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