$305,000
SOLD SEP 9, 2025
3 Beds
1.5 Baths
1,307 Sq Ft
5,009 Sq Ft Lot

Recently Sold

$233 Per Sq Ft

6% Below List Price

43 Days on Market

Highlights

  • No HOA
  • Entrance Foyer
  • Privacy Fence
  • Salem Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 2-minute walk to Sunstream Neighborhood Park

About This Home

As of September 2025

Welcome to this charming 1-story twin home in the highly sought-after Sunstream Park neighborhood in Virginia Beach! This well-maintained 3-bedroom, 1.5-bath home is freshly painted and features LVP flooring throughout, making it both stylish and easy to maintain. Step outside to your private, fully fenced-in backyard—an ideal space for outdoor living, whether you’re relaxing on a sunny day or hosting friends and family for a gathering. Located in the desirable Landstown School District and conveniently near shopping, dining, and entertainment options, this home offers the perfect combination of peaceful living and everyday convenience. Don’t miss your chance to own this gem in Sunstream Park—schedule your showing today!

Last Agent to Sell the Property

Bobby Njoo

1st Class Real Estate Flagship Listed on: 07/19/2025

1st Class Real Estate Flagship

Last Buyer's Agent

Sara Dunbar

Redfin Corporation

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,577

Year Built

  • Built in 1982

Lot Details

  • Privacy Fence
  • Fenced

Home Design

  • Property Attached
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,307 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Salem Elementary School
  • Landstown Middle School
  • Landstown High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Salem Villages Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,577

Year Built

Built in 1982

Lot Details

0

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Twinhome
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Master Model: No
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 244.76
  • Estimated Year Built: 1982
  • Address Street Name Website: Rainbow
  • Address Street Num Website: 4036
  • Address Website: 4036 Rainbow DR
  • Fence: Yes
  • Market Time: 43
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1982

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: 1st Floor Primary BR, Foyer
  • Appliances: Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Washer Hookup
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1307

Exterior Features

  • Exterior Siding: Vinyl
  • Fence Description: Privacy
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: 2 Space, Off Street, Driveway Spc

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Forced Hot Air

Schools

  • Elementary School: Salem Elementary
  • Middle School: Landstown Middle
  • High School: Landstown

Lot Info

  • Waterfront YN: No

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 2577

MLS Schools

  • Elementary School: Salem Elementary
  • School High School: Landstown
  • Middle School: Landstown Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2022
Sold by
Src Investments Llc
Bought by
Ortega Daniel Moreno and Ortega Denise Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Outstanding Balance
$241,415
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$84,109

Purchase Details

Closed on
Mar 10, 2014
Sold by
Jeffery Raymond and Jeffery Madelyn M
Bought by
Src Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2006
Sold by
Chalk C Gary
Bought by
Jeffrey Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2006
Sold by
Talento Catherine
Bought by
Chalk Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2001
Sold by
Freeman Mary H
Bought by
Roper Irene B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
7.1%
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 Type Sale Price Title Company
Warranty Deed $250,000 Fidelity National Title
Gift Deed -- --
Warranty Deed $183,000 --
Warranty Deed $127,000 --
Deed $87,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $259,000 VA
Previous Owner $115,000 Commercial
Previous Owner $115,000 Commercial
Previous Owner $109,000 New Conventional
Previous Owner $132,000 New Conventional
Previous Owner $27,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Sold $305,000 -4.7% $233 / Sq Ft
09/01/2025 09/01/25 Pending -- -- --
08/07/2025 08/07/25 Price Changed $319,900 -1.6% $245 / Sq Ft
07/19/2025 07/19/25 For Sale $325,000 -- $249 / Sq Ft
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
2024 $2,577 $265,700 $105,000 $160,700
2023 $2,475 $250,000 $100,000 $150,000
2022 $1,988 $200,800 $86,300 $114,500
2021 $1,800 $181,800 $75,000 $106,800
2020 $1,759 $172,900 $70,000 $102,900
2019 $1,786 $168,900 $68,000 $100,900
2018 $1,693 $168,900 $68,000 $100,900
2017 $1,608 $160,400 $59,500 $100,900
2016 $1,569 $158,500 $59,500 $99,000
2015 $1,542 $155,800 $59,500 $96,300
2014 $1,476 $155,600 $71,400 $84,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10593773

Real Estate Information Network (REIN)

APN: 1475-93-9408