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4766 Marlwood Way

4766 Marlwood Way, Virginia Beach, VA 23462
Property in Virginia Beach
Sold Jun 15, 2021
$256,000
$261,888 by Plains Commerce Bank
Mortgage Due Jul 01, 2051
Sold Jun 01, 2006
$205,000
$164,000 by C & F Mortgage
Mortgage
4766 Marlwood Way has been categorized by the local assessors in Virginia Beach, VA as a residential type of property. The building on the property was first built in 1982 and is 42 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4766 Marlwood Way has 1,614 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,206 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gambrel style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4766 Marlwood Way was last sold in Jun 7, 2021 for $256,000. According to our calculations, that's $158.61 per sqft. Prior to that sales transaction, the property was sold for $205,000 in May 25, 2006. Current property owners are expected to pay $2,600 in taxes per year. The property on 4766 Marlwood Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $262,600. To break that down further, the land itself was valued at $88,000. While improvements to the property were assessed at a total of $174,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,206
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,614
  • Building Area: 1,614
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,614
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KEMPSVILLE LAKES
  • Land Acres: 0.051
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: KEMPSVILLE LAKE PHASE TWO PT 2-A BLK E LOT 17

Ownership

  • Current Owner : WANG LINQI
  • Current Owner 2: WANG YIFEI
  • Previous Owner : DUNDAS STEVEN L
  • Previous Owner 2: DUNDAS JUDITH L
  • Owner Before Previous Owner: DANG JIMMY V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046020

Zoning

  • Zoning: 1

Geography

  • Assessors Map Reference: PM D092
  • Parcel: 14760975030000
  • Block: E
  • Lot: 17
  • Municipality: BAYSIDE
  • Latitude: 36.8281
  • Longitude: -76.1499

    Address

  • Full Address: 4766 Marlwood Way
  • Address - House Number: 4766
  • Address - Street Name: Marlwood
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C031
  • 4-Digit Zip Code: 7209
  • Zip Code: 23462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,600
  • Tax Rate Code Area: D03

    Appraisal Valuation

  • Standard Deviation: 0.1408
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 83
  • Final Value: 310,243
  • High Value: 353,932
  • Low Value: 266,555

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $261,888
  • First Open Lien Mortgage Lender: PLAINS COMMERCE BANK
  • First Open Lien Mortgage Recording Date: Jun 15, 2021
  • First Open Lien Mortgage Loan Amount: $261,888
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $262,600
  • Market Land Value: $88,000
  • Market Improvement Value: $174,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $262,600
  • Assessed Land Value: $88,000
  • Assessed Improvements Value: $174,600

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Transaction ID: 11840488391
  • Current Sale Price: $256,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202103049047
  • Previous Sale Recording Date: Jun 01, 2006
  • Previous Sale Contract Date: May 25, 2006
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLAINS COMMERCE BANK
  • First Mortgage Transaction Date: Jun 15, 2021
  • First Mortgage Loan Amount: $261,888
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: C & F MORTGAGE
  • Previous Mortgage Transaction Date: Jun 01, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $164,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 4766 Marlwood Way located in?
The 4766 Marlwood Way is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 4766 Marlwood Way?
The average sales price for units in 4766 Marlwood Way is $0 currently.

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