Seller's Agent in 2017
Linda Terry
Tranzon Key Auctions
(866) 872-6966
120 Total Sales
Estimated Value: $165,000 - $357,000
AUCTION~List price is opening bid for HOUSE ONLY-You own the cottage and all the rental income, and lease the waterfront lot. Current assignable lease is through 12/31/2026 and is renewable in 10 year increments. Current rate is $4,700/year, due annually on January 1st. Seller has written letter of consent to assign lease to the buyer. Comfortable small house living affords every convenience in a compact footprint! Sells fully furnished and rentals are still booking into early Fall months with an average rental income of $22-27K/yr. Cozy enclosed front porch with thermal windows, cooled by window unit A/C. Washer & Dryer reside here. Kitchen has glass cooktop and dishwasher. Main house heats and cools with heat pump and gas heat backup. Queen bedroom, second bedroom with twin beds. Living room with ceiling fan and queen sleep sofa. Dining room; rear Florida room has second queen sleep sofa bed, heats/cools with new Amana wall mounted "split" unit.
Fenced yard fronts the Chesapeake Bay and a short flight of wood steps leads to your private, sandy beach; property is in an X flood zone so no special insurance required. All pre-auction offers will be submitted to the seller.
Last Agent to Sell the Property
Tranzon Key Auctions License #0225037588 Listed on: 06/07/2017
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patterson Thomas | -- | None Listed On Document | |
| Gregory Naomi Pearl Cypres | -- | None Listed On Document | |
| Schauber Joseph E | $210,000 | None Available |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2017 11/06/17 | Sold | $195,250 | +95.3% | $161 / Sq Ft |
| 07/19/2017 07/19/17 | Pending | -- | -- | -- |
| 06/07/2017 06/07/17 | For Sale | $100,000 | -- | $83 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2025 | $881 | $125,000 | $0 | $125,000 |
| 2024 | $856 | $125,000 | $0 | $125,000 |
| 2023 | $617 | $81,200 | $0 | $81,200 |
| 2022 | $617 | $81,200 | $0 | $81,200 |
| 2021 | $674 | $80,700 | $0 | $80,700 |
| 2020 | $674 | $80,700 | $0 | $80,700 |
| 2019 | $679 | $81,800 | $0 | $81,800 |
| 2018 | $679 | $81,800 | $0 | $81,800 |
| 2017 | $691 | $81,800 | $0 | $81,800 |
| 2016 | $691 | $83,200 | $0 | $83,200 |
| 2015 | -- | $83,200 | $0 | $83,200 |
| 2011 | -- | $106,900 | $0 | $106,900 |
Seller's Agent in 2017
Linda Terry
Tranzon Key Auctions
(866) 872-6966
120 Total Sales
Source: Central Virginia Regional MLS
MLS Number: 1721336
APN: 56-A-16320
Ask me questions while you tour the home.