4502 Marlwood Way Virginia Beach, VA 23462
Kempsville Lake Neighborhood
3
Beds
2.5
Baths
1,440
Sq Ft
$30/mo
HOA Fee
Highlights
- Clubhouse
- Wood Flooring
- Tennis Courts
- Larkspur Middle School Rated A-
- Community Pool
- Utility Closet
About This Home
As of May 2025Wonderful 3-bedroom townhome in the beautiful Kempsville Lake Community. POA amenities include tennis courts, a playground, a pool, and a clubhouse. Kitchen includes new stainless steel appliances (2024). Backyard has an attached shed and a large detached shed. This well-maintained home is ready for its new owners!
Last Agent to Sell the Property
ONYX Realty Professionals LLC Listed on: 04/17/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,212
Year Built
- Built in 1984
Lot Details
- Privacy Fence
- Wood Fence
- Back Yard Fenced
HOA Fees
- $30 Monthly HOA Fees
Home Design
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,440 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Utility Closet
Kitchen
- Electric Range
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
Parking
- 2 Car Parking Spaces
- Driveway
Outdoor Features
- Patio
- Storage Shed
Schools
- Point O' View Elementary School
- Larkspur Middle School
- Kempsville High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
Overview
- Kempsville Lake Subdivision
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 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
Sabrina Williams
ONYX Realty Professionals LLC
Buyer's Agent
Mark Rusnak
RE/MAX Allegiance
List Price
$319,900
Sold Price
$309,000
Premium/Discount to List
-$10,900
-3.41%
Views
80
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.86%
Original Mortgage
$231,750
Outstanding Balance
$231,750
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$76,037
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
Similar Homes in Virginia Beach, 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 |
|---|---|---|---|
| Bargain Sale Deed | $309,000 | Fidelity National Title | |
| Bargain Sale Deed | $265,100 | First American Title | |
| Deed | $76,000 | -- | |
| Deed | $64,577 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $231,750 | New Conventional | |
| Previous Owner | $270,799 | VA | |
| Previous Owner | $74,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $2,100 | -2.3% | $1 / Sq Ft |
| 06/16/2025 06/16/25 | Price Changed | $2,150 | 0.0% | $1 / Sq Ft |
| 05/30/2025 05/30/25 | Sold | $309,000 | 0.0% | $215 / Sq Ft |
| 05/30/2025 05/30/25 | For Rent | $2,200 | 0.0% | -- |
| 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
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
-
Natalie Rusnak
Seller's Agent in 2025
Natalie Rusnak
RE/MAX
(757) 641-6053
15 Total Sales
-
Sabrina Williams
Seller's Agent in 2025
Sabrina Williams
ONYX Realty Professionals LLC
(919) 348-3434
1 in this area
13 Total Sales
-
Mark Rusnak
Seller Co-Listing Agent in 2025
Mark Rusnak
RE/MAX
(757) 718-8865
1 in this area
94 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10579050
APN: 1476-19-5643
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