NOT LISTED FOR SALE

Estimated Value: $306,213 - $312,000

3 Beds
2.5 Baths
1,440 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 30, 2025

Last sale price $309,000 $215 Per Sq Ft

Current estimated payment $1,830/month

Highlights

  • Clubhouse
  • Contemporary Architecture
  • Tennis Courts
  • Larkspur Middle School Rated A-
  • Community Pool
  • Utility Closet

About This Home

As of July 2025

Welcome to this wonderful 3-bedroom, 2.5-bath townhome located in the highly sought-after Kempsville Lake community! This well-maintained home offers comfort, convenience, and great community amenities. The updated kitchen features brand-new stainless steel appliances (2024), great for cooking and entertaining. Enjoy a spacious backyard with both an attached storage shed and a large detached shed for all your storage needs. Community amenities include a swimming pool, tennis courts, a playground, and a clubhouse - everything you need for enjoyable living. Conveniently located near shopping, dining, and major roadways.

Last Agent to Rent the Property

Natalie Rusnak

RE/MAX Allegiance Listed on: 05/30/2025

RE/MAX Allegiance

Co-Listed By

Mark Rusnak

RE/MAX Allegiance

Last Renter's Agent

Natalie Rusnak

RE/MAX Allegiance Listed on: 05/30/2025

RE/MAX Allegiance

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,212

Year Built

  • Built in 1984

Lot Details

  • Privacy Fence
  • Back Yard Fenced

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Blinds
  • Utility Closet
  • Washer and Dryer Hookup
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • 2 Car Parking Spaces
  • Driveway

Schools

  • Point O' View Elementary School
  • Larkspur Middle School
  • Kempsville High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Government Subsidized Program

Listing and Financial Details

  • Section 8 Allowed

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Kempsville Lake Subdivision
  • Clubhouse

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,212

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Rental Type: Townhouse
  • Lease Type: Yearly
  • Lease Conditions: Gov. Subsidized, Lease, Section 8 Eligible, Security Deposit
  • Rent Includes: None

Listing Details

  • Property Type: Rental
  • Property Type - Cross Property: Rental
  • Style: Contemp, Traditional
  • GarageYN: No
  • Unit Description: 2 Living Lvl
  • LP/ Sq Ft: 1.46
  • Neighborhood Name: KEMPSVILLE LAKE
  • Estimated Year Built: 1984
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Marlwood
  • Address Street Num Website: 4502
  • Address Website: 4502 Marlwood WAY
  • Fence: Yes
  • Insurance Required Y N: Yes
  • Market Time: 58
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Interior Amenities: Walk-In Closet, Window Treatments
  • Equipment: Cable Hookup, Ceiling Fan, Security Sys
  • Flooring Type: Carpet, Ceramic, Laminate/LVP
  • Windows Treatments: Blinds
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • First Floor Bedroom/Full Bathrooms: No
  • Other Rooms: PBR with Bath, Utility Closet
  • Appliances: Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
  • Floor Level: 1
  • Stories Number: 2.0000
  • Estimated Sq Ft: 1440

Exterior Features

  • Exterior Features: Patio
  • Fence Description: Back Fenced, Privacy, Wood Fence
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: 2 Space, Driveway Spc

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Electric, Heat Pump

Condo/Co-op/Association

  • Amenities COA/POA: Clubhouse, Playgrounds, Pool, Tennis Cts
  • Pets: No Pets

Schools

  • Elementary School: Point O' View Elementary
  • Middle School: Larkspur Middle
  • High School: Kempsville

Lot Info

  • Waterfront YN: No

MLS Schools

  • Elementary School: Point O' View Elementary
  • School High School: Kempsville
  • Middle School: Larkspur Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2025
Closed on
May 30, 2025
Sold by
Williams Ranard and Williams Sabrina
Bought by
Watkins Matthew A and Watkins Rachel Margarita Co
Seller's Agent
Natalie Rusnak
RE/MAX Allegiance
Buyer's Agent
Natalie Rusnak
RE/MAX Allegiance
Sold Price
$2,100
Views
260
Current Estimated Value
$309,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,953
Avg. Annual Appreciation
0.06%
Original Mortgage
$231,750
Outstanding Balance
$231,356
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$77,697

Purchase Details

Closed on
Jun 14, 2024
Sold by
Josiah Usa E
Bought by
Williams Ranard and Williams Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,799
Interest Rate
7.09%
Mortgage Type
VA

Purchase Details

Closed on
Jul 14, 2000
Sold by
Secty Of Veterans Affairs
Bought by
Orton Bryant K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
8.5%

Purchase Details

Closed on
Nov 22, 1999
Sold by
Professional Foreclosure
Bought by
Secty Of Veterans Affairs
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Watkins Matthew A $309,000 Fidelity National Title
Williams Ranard $265,100 First American Title
Orton Bryant K $76,000 --
Secty Of Veterans Affairs $64,577 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Matthew A $231,750
Previous Owner Williams Ranard $270,799
Previous Owner Orton Bryant K $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Rent $2,100 0.0% --
05/30/2025 05/30/25 Sold $309,000 -3.4% $215 / Sq Ft
05/22/2025 05/22/25 Pending -- -- --
04/17/2025 04/17/25 For Sale $319,900 -- $222 / 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 $2,212 $228,000 $88,000 $140,000
2023 $2,210 $223,200 $88,000 $135,200
2022 $2,055 $207,600 $70,000 $137,600
2021 $1,824 $184,200 $60,000 $124,200
2020 $1,788 $175,700 $57,000 $118,700
2019 $1,695 $163,200 $57,000 $106,200
2018 $1,636 $163,200 $57,000 $106,200
2017 $1,613 $160,900 $57,000 $103,900
2016 $1,559 $157,500 $57,000 $100,500
2015 $1,539 $155,500 $57,000 $98,500
2014 $1,439 $149,300 $57,000 $92,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Information Network (REIN)

MLS Number: 10586081

Real Estate Information Network (REIN)

APN: 1476-19-5643