NOT LISTED FOR SALE

206 208 Madison Ave Cape Charles, VA 23310

Estimated Value: $748,000 - $1,078,123

6 Beds
4 Baths
3,120 Sq Ft
$308/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $679,000 $218 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,600/month

Highlights

  • Bayside
  • Wood Flooring
  • Detached Garage
  • Beach House
  • No HOA
  • 3-minute walk to Cape Charles Playground

About This Home

As of August 2020

2 BLOCKS TO THE BEACH.. Brick duplex has been fully renovated with a coastal flair..yet has the plenty of old world charm. Original hardwood floors, moldings and handsome staircases. Double front porch looks out over tree lined street in historic Cape Charles. Fully furnished and ready for vacation rentals! Each side equipped with private outdoor shower. Alley access in back..room for off street parking. Fully fenced back yard. Garage is big enough for your golf cart, boat and all your beach gear.

Last Agent to Sell the Property

Kimberley Starr

CHESAPEAKE PROPERTIES License #0225043630 Listed on: 08/28/2020

Last Buyer's Agent

Kimberley Starr

CHESAPEAKE PROPERTIES License #0225043630 Listed on: 08/28/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,110

Year Built

  • Built in 1932

Lot Details

  • 5,400 Sq Ft Lot
  • Lot Dimensions are 40 x 135
  • Historic Home

Parking

  • Detached Garage

Home Design

  • Duplex
  • Beach House
  • Flat Roof Shape
  • Brick Exterior Construction
  • Plaster

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Window Treatments
  • Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • Bayside

Community Details

  • No Home Owners Association
  • Cape Charles Incorp. Subdivision

Listing and Financial Details

  • Tax Lot 314
  • $243,100 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,110

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Sub Type: Duplex,Multi Family,Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.124
  • Lot Size: 40 x 135
  • Water Body Name: Chesapeake Bay
  • Subdivision Name: Cape Charles Incorp.
  • Directions: Rt 13 to Cape Charles. Take Randolph Ave up to beachfront. Turn right on to bay Ave. Take Bay Ave to Madison Ave. House is on the right hand side.
  • Architectural Style: Duplex, Historical, Beach House
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Duplex, Historical
  • Year Built: 1932
  • Kitchen Level: First
  • RoomBedroom1Level: Second
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Washer, Dryer, Refrigerator, Microwave, Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Dining Room
  • Living Area: 3120
  • Window Features: Window Treatments, Storm Window(s)
  • Room Bedroom2 Level: Second
  • Dining Room Features: Dining Room
  • Living Room Living Room Level: First
  • Room Bedroom3 Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: Bayside
  • Waterfront: No
  • Construction Type: Brick, Sheetrock, Plaster
  • Foundation Details: Basement
  • Patio And Porch Features: Porch
  • Property Condition: 50-100 yrs +/-
  • Roof: Age 10 yrs +/-, Flat

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5400
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 14/1903
  • Tax Lot: 314
  • Tax Map Number: 83A3-1-314
  • Tax Other Annual Assessment Amount: 243100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Aug 27, 2020
Sold by
Sutherland Management Llc
Bought by
Moore Thomas and Moore Bonnie
Seller's Agent
Kimberley Starr
CHESAPEAKE PROPERTIES
Buyer's Agent
Kimberley Starr
CHESAPEAKE PROPERTIES
List Price
$725,000
Sold Price
$679,000
Premium/Discount to List
-$46,000
-6.34%
Current Estimated Value
$960,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,281
Avg. Annual Appreciation
7.00%
Original Mortgage
$509,250
Outstanding Balance
$451,926
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$508,355
Source: Public Records

Range of Values:

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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
Moore Thomas $679,000 A&N Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Thomas $509,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $679,000 -6.3% $218 / Sq Ft
08/28/2020 08/28/20 For Sale $725,000 -- $232 / 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 $6,110 $892,000 $197,400 $694,600
2023 $5,280 $694,800 $182,400 $512,400
2022 $5,280 $694,800 $182,400 $512,400
2021 $2,030 $243,100 $87,400 $155,700
2020 $2,030 $243,100 $87,400 $155,700
2019 $1,977 $238,200 $82,000 $156,200
2018 $1,977 $238,200 $82,000 $156,200
2017 $1,718 $238,200 $82,000 $156,200
2016 $776 $193,300 $72,400 $120,900
2015 -- $193,300 $72,400 $120,900
2011 -- $365,900 $158,000 $207,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 52306

APN: 83A3-1-314