Seller's Agent in 2025
Nikki Reed
Swell Real Estate Co.
(757) 216-9222
34 Total Sales
5225 Thatcher Way Virginia Beach, VA 23456
2
Beds
2
Baths
1,283
Sq Ft
1990
Built
Highlights
- Golf Course View
- Transitional Architecture
- Attic
- Salem Elementary School Rated A
- Main Floor Primary Bedroom
- Loft
About This Home
As of August 2025This is THE ONE you've been waiting for! A lovely two bedroom condo plus loft! You'll love the gleaming laminate floors, quartz countertops in both kitchen and master bath, upgraded cabinets, stainless steel appliances, soaring cathedral ceilings, wood burning fireplace, lovely balcony, and delightful views of the trees! The HVAC was replaced last October. A walk-in attic provides plenty of extra space. Plus, this community offers a ton of amenities, like water, sewer, landscaping, and more. You can enjoy the pool, playgrounds, a clubhouse and walking paths (up to two pets are allowed) and the golf course nearby. This is truly maintenance free living in the Villas at Glenwood. HURRY!! This will not last!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,266
Year Built
- Built in 1990
HOA Fees
- $381 Monthly HOA Fees
Home Design
- Transitional Architecture
- Property Attached
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,283 Sq Ft Home
- 2-Story Property
- Bar
- Ceiling Fan
- Wood Burning Fireplace
- Loft
- Utility Closet
- Washer and Dryer Hookup
- Golf Course Views
- Attic
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Assigned Parking
Outdoor Features
- Balcony
Schools
- Salem Elementary School
- Salem Middle School
- Salem High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- United Property Associates 757 497 5752 Association
- Glenwood 418 Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2025
Closed on
Aug 11, 2025
Sold by
Leybick Zachary J
Bought by
Rafterry-Lee Riley
Seller's Agent
Nikki Reed
Swell Real Estate Co.
Buyer's Agent
Kathryn Sharpe
Howard Hanna Real Estate Services
List Price
$244,900
Sold Price
$244,900
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.64%
Original Mortgage
$189,900
Outstanding Balance
$189,900
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$54,676
Purchase Details
Closed on
Sep 23, 2021
Sold by
Spencer Deborah and The Qeb Revocable Living Trust
Bought by
Leybick Zachary J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,002
Interest Rate
2.8%
Mortgage Type
New Conventional
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 | $244,900 | First American Title Insurance | |
| Deed | $186,600 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $189,900 | New Conventional | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $181,002 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Sold | $244,900 | 0.0% | $191 / Sq Ft |
| 07/16/2025 07/16/25 | Pending | -- | -- | -- |
| 06/13/2025 06/13/25 | For Sale | $244,900 | -- | $191 / 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 | $2,266 | $233,600 | $83,000 | $150,600 |
| 2023 | $2,258 | $228,100 | $65,000 | $163,100 |
| 2022 | $1,797 | $181,500 | $51,000 | $130,500 |
| 2021 | $1,474 | $148,900 | $51,000 | $97,900 |
| 2020 | $1,386 | $136,200 | $51,000 | $85,200 |
| 2019 | $1,214 | $110,000 | $40,000 | $70,000 |
| 2018 | $1,103 | $110,000 | $40,000 | $70,000 |
| 2017 | $1,144 | $114,100 | $40,000 | $74,100 |
| 2016 | $1,110 | $112,100 | $40,000 | $72,100 |
| 2015 | $563 | $113,800 | $40,000 | $73,800 |
| 2014 | $1,206 | $115,900 | $44,500 | $71,400 |
Source: Public Records
Agents Affiliated with this Home
-
Nikki Reed
-
Kathryn Sharpe
Buyer's Agent in 2025
Kathryn Sharpe
Howard Hanna Real Estate Services
(757) 692-1964
120 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10588151
APN: 1475-61-5131-8800
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