NOT LISTED FOR SALE

108 Sunset Blvd Unit 35 Cape Charles, VA 23310

Estimated Value: $184,000 - $201,810

0.22 Acre
$885,698 Price per Acre
9,488 Sq Ft Lot

Last Sold October 27, 2022

Last sale price $180,000

Est. 7% increase in value since last sale

Current estimated payment $1,345/month

180 Days on Market

About This Lot

As of October 2022

Located in Bay Creek's Colony neighborhood, this lovely homesite has all that you need to build a dream home or an income property on it. Find yourself surrounded by tranquility with water on both sides of your property. This lot backs up to the lake and only steps away from the Chesapeake Bay on the opposite side of the street. From here, you are a quick golf cart ride away from Historic Cape Charles and all of Bay Creek amenities, including the 27 holes of golf, 350-acre Nature Preserve, 2-mile private beach, and the members-only Life Center.

Last Listed By

Linda Buskey

BAY CREEK REALTY License #0225193507 Listed on: 03/16/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,389

Lot Details

  • 9,488 Sq Ft Lot
  • Home fronts a pond

HOA Fees

  • $159 Monthly HOA Fees

Schools

  • Kiptopeke Elementary And Middle School
  • Northampton High School

Community Details

  • Bay Creek Association
  • Bay Creek The Colony Subdivision

Listing and Financial Details

  • Tax Lot 35
  • $124,800 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$1,389

Lot Details

0

HOA Fees

$159 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.2178
  • Lot Size: 9488
  • Water Body Name: Chesapeake Bay
  • Subdivision Name: Bay Creek - The Colony
  • Directions: Off of fig st, turn into colony neighborhood and head towards Sunset blvd.
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: Pond Front
  • Waterfront: Yes
  • Disclosures: HOA Disclosure

Condo/Co-op/Association

  • Community Features: Community Amenities
  • Association Fee: 1908
  • Association Fee Frequency: Annually
  • Association Name: Bay Creek
  • Association: Yes

Schools

  • Elementary School: Kiptopeke
  • High School: Northampton
  • Middle Or Junior School: Kiptopeke

Lot Info

  • Lot Size Sq Ft: 9488
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 0
  • Tax Lot: 35
  • Tax Map Number: 83A1-11-35
  • Tax Other Annual Assessment Amount: 124800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Oct 25, 2022
Sold by
Smith and Smith White
Bought by
Scerbo Thomas P and Scerbo Linda
Seller's Agent
Linda Buskey
BAY CREEK REALTY
Buyer's Agent
Michael Killebrew
BLUE HERON REALTY CO.
List Price
$250,000
Sold Price
$180,000
Premium/Discount to List
-$70,000
-28%
Total Days on Market
180
Current Estimated Value
$192,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,905
Avg. Annual Appreciation
2.77%
Original Mortgage
$90,000
Outstanding Balance
$80,431
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$112,474

Purchase Details

Closed on
Nov 3, 2021
Sold by
White Maria
Bought by
White Donald

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scerbo Thomas P $180,000 Shore Title
White Donald -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scerbo Thomas P $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $180,000 -28.0% --
09/14/2022 09/14/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $250,000 -- --
Source: Eastern Shore Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $1,389 $202,800 $202,800 $0
2023 $948 $124,800 $124,800 $0
2022 $948 $124,800 $124,800 $0
2021 $896 $107,300 $107,300 $0
2020 $896 $107,300 $107,300 $0
2019 $616 $74,200 $74,200 $0
2018 $616 $74,200 $74,200 $0
2017 $415 $74,200 $74,200 $0
2016 $415 $50,000 $50,000 $0
2015 -- $50,000 $50,000 $0
2011 -- $275,000 $275,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 55432

APN: 83A1-11-35