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8474 Emerald Ln, Marshall, VA, 20115

2beds
1baths
1,080sqft
$320,000
$296price/sqft
$2,168/moest. monthly cost
$86,720/yrincome needed

About This Home

This updated two-story townhome offers a comfortable layout with a fresh, modern feel throughout. The main level features a spacious living area that flows into the eat-in kitchen, where abundant cabinetry and counter space provide plenty of room for everyday cooking and storage. Main-level laundry adds another layer of convenience. Upstairs, the generously sized primary bedroom is joined by a second bedroom, a full bath, and a versatile bonus room that fits a twin bed but could also serve as a home office, hobby space, or additional storage. Fresh paint and updated flooring create a clean, cohesive interior that is ready for its next chapter. Outdoor space is a standout feature, with a small patio near the front entrance and a larger stone patio in the rear. The backyard offers room for seating, grilling, gardening, or simply enjoying time outside. Conveniently located near Routes 66 and 17, the home offers easy access for commuting while remaining just minutes from the charm of downtown Marshall. Enjoy local favorites, along with nearby wineries and the scenic countryside of Virginia’s wine and hunt country. With its practical layout, flexible bonus space, and especially inviting backyard, this home offers more room to live, work, and unwind than you might expect from a two-bedroom townhome.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

5/10
Marshall Middle SchoolGrades 6-82.8 mi
7/10
Fauquier High SchoolGrades 9-1210.0 mi

Construction

Condition

  • Year built: 1989

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2022

Type & Style

  • Home type: Townhouse
  • Architectural style: Colonial
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dryer,Washer,Cooktop,Stainless Steel Appliance(s),Refrigerator,Range Hood,Electric Water Heater
  • Laundry features: Main Level,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Bonus Room

  • Level: Upper

Features

  • Attic,Bathroom - Tub Shower,Breakfast Area,Ceiling Fan(s),Combination Kitchen/Dining,Family Room Off Kitchen,Eat-in Kitchen,Kitchen - Table Space
  • Window features: Window Treatments
  • Finished area below ground: 0
  • Finished area above ground: 1,080

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Window Unit(s),Ductless,Electric

Interior Area

  • Total structure area: 1,080
  • Total interior livable area: 1,080 sqft

Laundry

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 6969373066
  • Zoning: M-R
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Patio

Lot

  • Lot size: 2,178 sqft

Parking

  • Parking features: Crushed Stone,Parking Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Hail
Heat Wave
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,618$19,416
Home Insurance *$92$1,104
Property Taxes $256$3,072
Electricity $202$2,433
Total$2,168$26,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$74,331/yr
40% on housing$65,040/yr
45% on housing$57,813/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$296This listing

vs Other Active Listings

Avg $/sqft

ZIP 20115$295
Fauquier County$341

vs Homes Sold Last Month

Median $/sqft

ZIP 20115$272
Fauquier County$278

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-27Listed for sale$320,000
2022-05-16Sold$229,000
2022-04-18Pending sale$229,000
2022-04-02Listing removed--
2022-03-11Contingent$229,000
2022-03-10Listed for sale$229,000
2021-10-23Sold$200,000
2021-03-21Listing removed--
2020-02-25Listing removed$1,300
2019-12-09Listed for rent$1,300

For Sale by Agent

AgentEllie Karrasch
BrokerageSamson Properties

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