Seller's Agent in 2025
Shelly Welsch
BHHS RW Towne Realty
(757) 717-3077
3 in this area
44 Total Sales
4703 Padma Ct Virginia Beach, VA 23462
Kempsville Lake Neighborhood
2
Beds
2.5
Baths
1,304
Sq Ft
1,655
Sq Ft Lot
Highlights
- Water Views
- No HOA
- Utility Closet
- Larkspur Middle School Rated A-
- Breakfast Area or Nook
- Cul-De-Sac
About This Home
As of July 2025Move right in to this renovated townhome that is just minutes from Towne Center, highways, shopping and restaurants. Pretty views of the water greet you as you enter and the spacious, open floor plan is complimented by the many upgrades like LVP flooring, granite countertops, neutral paint colors, updated lighting and much more. The primary bedroom has two closets and features an ensuite bath with jetted tub and separate shower. The second bedroom has a walk in closet, ensuite bath and is nearly as large as the primary. This no fee townhome in a smaller neighborhood and has a privacy fenced backyard with a patio.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,391
Year Built
- Built in 1987
Lot Details
- Cul-De-Sac
- Back Yard Fenced
Home Design
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,304 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Window Treatments
- Utility Closet
- Water Views
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Laundry
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Driveway
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Patio
Schools
- Point O' View Elementary School
- Larkspur Middle School
- Kempsville High School
Utilities
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Baxter Woods Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2025
Closed on
Jul 23, 2025
Sold by
Karla Bress Revocable Living Trust and Bress Karla
Bought by
Brown Jamal
Seller's Agent
Shelly Welsch
BHHS RW Towne Realty
Buyer's Agent
James Butler
Iron Valley Real Estate Hampton Roads
List Price
$299,500
Sold Price
$300,000
Premium/Discount to List
$500
0.17%
Views
54
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.92%
Original Mortgage
$306,450
Outstanding Balance
$306,450
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
-$10,983
Purchase Details
Closed on
Jan 28, 2022
Sold by
Smith Stephanie C
Bought by
Karla Bress Revocable Living Trust
Purchase Details
Closed on
Dec 21, 2017
Sold by
Smith Steven C and Smith Cathy L
Bought by
Smith Stephanie C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
2.5%
Mortgage Type
Non Purchase Money Mortgage
Purchase Details
Closed on
Aug 14, 2002
Sold by
Cinibulk Robert
Bought by
Smith Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,150
Interest Rate
6.61%
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 | $300,000 | Fidelity National Title Insura | |
| Bargain Sale Deed | $240,000 | Fidelity National Title | |
| Warranty Deed | $138,000 | Attorney | |
| Deed | $83,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $306,450 | VA | |
| Previous Owner | $138,000 | Non Purchase Money Mortgage | |
| Previous Owner | $42,305 | New Conventional | |
| Previous Owner | $75,150 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Sold | $300,000 | +1.9% | $230 / Sq Ft |
| 07/07/2025 07/07/25 | Pending | -- | -- | -- |
| 06/23/2025 06/23/25 | Price Changed | $294,500 | -1.7% | $226 / Sq Ft |
| 06/17/2025 06/17/25 | For Sale | $299,500 | -- | $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 | $2,391 | $246,500 | $88,000 | $158,500 |
| 2023 | $2,387 | $241,100 | $88,000 | $153,100 |
| 2022 | $1,970 | $199,000 | $70,000 | $129,000 |
| 2021 | $1,746 | $176,400 | $60,000 | $116,400 |
| 2020 | $1,683 | $165,400 | $57,000 | $108,400 |
| 2019 | $1,597 | $150,800 | $57,000 | $93,800 |
| 2018 | $1,512 | $150,800 | $57,000 | $93,800 |
| 2017 | $1,492 | $148,800 | $57,000 | $91,800 |
| 2016 | $1,453 | $146,800 | $57,000 | $89,800 |
| 2015 | $1,530 | $154,500 | $57,000 | $97,500 |
| 2014 | $1,362 | $146,700 | $66,500 | $80,200 |
Source: Public Records
Agents Affiliated with this Home
-
Shelly Welsch
-
James Butler
Buyer's Agent in 2025
James Butler
Iron Valley Real Estate Hampton Roads
(757) 714-6699
2 in this area
147 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10587610
APN: 1476-29-4480
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