NOT LISTED FOR SALE

115 Mason Ave Unit 202 Cape Charles, VA 23310

Estimated Value: $376,000 - $540,000

2 Beds
2 Baths
1,426 Sq Ft
$0/mo HOA Fee

Last Sold December 10, 2021

Last sale price $540,000 $379 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $2,701/month

66 Days on Market

Highlights

  • Water Access
  • Bayside
  • Wood Flooring
  • Bay View
  • Deck
  • Storm Windows

About This Home

As of December 2021

THIS WATERVIEW CONDO is in excellent condition one block from the beach. 3rd floor condo has a full 24x6 covered balcony porch overlooking the town and the Chesapeake Bay. Entire historic building was completely gutted in 2004 and beautifully renovated to house 4 residential condos. Beautiful heart pine/fir floors and handsome trim and molding details enhance the open floor plan with tall ceilings. This unit was completely gutted in 2016 with restorations completed in July. Kitchen has walnut finish cabinets, granite countertops and stainless steel appliances. Building has an ELEVATOR! Downstairs storage for bicycles and beach gear. ROOFTOP TERRACE has stunning views of town and Bay. On street parking with additional private parking in rear. Vacation rentals are allowed in this building.

Last Agent to Sell the Property

Kimberley Starr

CHESAPEAKE PROPERTIES License #0225043630 Listed on: 10/03/2021

Last Buyer's Agent

Brittany Bundick

COLDWELL BANKER HARBOUR REALTY

COLDWELL BANKER HARBOUR REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,198

Year Built

  • Built in 2006

Lot Details

  • 0.81

Parking

  • No Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,426 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Bay Views
  • Security Lights
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Historic Home
  • Bayside

Listing and Financial Details

  • $218,900 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • Cape Charles Incorp. Subdivision

Security

  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,198

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Condominium,Single Family Residence
  • Prop. Type: Residential
  • Water Body Name: Chesapeake Bay
  • Subdivision Name: Cape Charles Incorp.
  • Directions: Right at Cape Charles light coming into Cape Charles. Take left on Fig to Mason Ave. Condo is on the right hand side of the street on top of Gull Hammock Wine Shop.
  • Architectural Style: Historical, Condo
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Historical, Condo
  • Year Built: 2006
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Microwave, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First
  • Fireplace Features: One Fireplace, Living Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Living Area: 1426
  • Window Features: Storm Window(s)
  • Room Bedroom2 Level: First
  • Dining Room Features: Dining Area
  • Living Room Living Room Level: First
  • Room Bedroom2 Area: 142.5
  • Room Living Room Area: 301.75
  • Room Kitchen Area: 135
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 94.6875

Exterior Features

  • Lot Features: 0 Acreage (Condo)
  • View: Water, Bay
  • View: Yes
  • Waterfront Features: Water Access-Public, Bayside, Water Access, Access To Water
  • Disclosures: HOA Disclosure
  • Construction Type: Brick, Sheetrock
  • Patio And Porch Features: Deck
  • Property Condition: 50-100 yrs +/-
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s), Security Lights
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Farm Land Area Units: Square Feet

Tax Info

  • Tax Book Number: 20/625
  • Tax Lot: 0
  • Tax Map Number: 83A3-201-66B
  • Tax Other Annual Assessment Amount: 218900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2021
Closed on
Oct 21, 2021
Sold by
Selway John and Schroeder Nichole
Bought by
Ammons Jacob S
Seller's Agent
Kimberley Starr
CHESAPEAKE PROPERTIES
Buyer's Agent
Brittany Bundick
COLDWELL BANKER HARBOUR REALTY
List Price
$535,000
Sold Price
$540,000
Premium/Discount to List
$5,000
0.93%
Current Estimated Value
$457,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,746
Avg. Annual Appreciation
-4.25%
Original Mortgage
$230,000
Outstanding Balance
$209,586
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$247,668
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Ammons Jacob S $330,000 A&N Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ammons Jacob S $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2021 12/10/21 Sold $540,000 +0.9% $379 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
10/03/2021 10/03/21 For Sale $535,000 +50.7% $375 / Sq Ft
08/14/2020 08/14/20 Sold $355,000 0.0% $249 / Sq Ft View Prior Sale
08/07/2020 08/07/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $355,000 -- $249 / Sq Ft
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 $3,198 $466,900 $83,000 $383,900
2023 $2,532 $333,100 $52,900 $280,200
2022 $2,532 $333,100 $52,900 $280,200
2021 $2,355 $282,000 $43,800 $238,200
2020 $2,355 $282,000 $43,800 $238,200
2019 $2,346 $282,600 $39,000 $243,600
2018 $2,346 $282,600 $39,000 $243,600
2017 $2,336 $282,600 $39,000 $243,600
2016 $2,336 $281,500 $40,000 $241,500
2015 -- $281,500 $40,000 $241,500
2011 -- $411,100 $138,000 $273,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 54694

APN: 112-7-26