NOT LISTED FOR SALE

218 Madison Ave Cape Charles, VA 23310

Estimated Value: $410,000 - $555,000

2 Beds
1 Bath
1,136 Sq Ft
$445/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $430,000 $379 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,934/month

151 Days on Market

Highlights

  • Water Access
  • Wood Flooring
  • Enclosed Patio or Porch
  • Cape Cod Architecture
  • No HOA
  • 2-minute walk to Cape Charles Playground

About This Home

As of September 2023

Appealing house in downtown Cape Charles near the public beach which would make a great home or vacation rental. Amazing wood floors span most of the house with great interior living spaces and an open theme for much of the downstairs. Ample bedrooms upstairs also with wood floors. Ocean themes bathroom! Enjoy relaxing Cape Charles days and nights in the outside screened building and a large outbuilding with plenty of space storage. Very close to all the shops, restaurants, and amazing sights and sounds. Cape Charles has lots of beautiful landscapes, wildlife, and natural scenery all around the town including kiptopeke state park. Virginia Beach is a quick hop across the Chesapeake Bay. Motivated sellers!

Last Agent to Sell the Property

Shaun Sterling

LONG & FOSTER Cape Charles Brokerage Phone: 7573312500 License #0225226559 Listed on: 02/18/2023

LONG & FOSTER Cape Charles

Last Buyer's Agent

Betty Ann Latimer, Gri, Abr

LONG & FOSTER Cape Charles License #0225053294

LONG & FOSTER Cape Charles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,592

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Composition Roof
  • Vinyl Siding
  • Plaster
  • Lead Paint Disclosure

Interior Spaces

  • 1,136 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Dining Room
  • Crawl Space
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Enclosed Patio or Porch
  • Shed

Schools

  • Kiptopeke Elementary School
  • Northampton Middle School
  • Northampton High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Oil
  • Water Heater

Community Details

  • No Home Owners Association
  • Cape Charles Incorp. Subdivision

Listing and Financial Details

  • Tax Lot 303
  • $325,500 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,592

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: .12 Acres
  • Road Surface Type: Paved
  • Subdivision Name: Cape Charles Incorp.
  • Directions: Heading West on Randolph Ave, make a right onto strawberry, then a left onto Madison Ave. House will be on the left.
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1940
  • Kitchen Level: First
  • RoomBedroom1Level: Second
  • Attribution Contact: 7573312500
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater, Range, Refrigerator, Washer, Dryer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Dining Room, Other
  • Living Area: 1136
  • Window Features: Window Treatments, Double Pane Windows
  • Room Bedroom2 Level: Second
  • Dining Room Features: Dining Room, Dining Area
  • Living Room Living Room Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: Water Access, Water Access-Public
  • Waterfront: No
  • Disclosures: Lead Paint Disclosure
  • Construction Type: Vinyl Siding, Brick, Plaster
  • Foundation Details: Crawl Space, Brick/Mortar
  • Other Structures: Shed/Barn
  • Patio And Porch Features: Enclosed
  • Property Condition: 50-100 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Cooling: Wall/Window Unit(s), Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Oil
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3592
  • Tax Book Number: 220000428
  • Tax Lot: 303
  • Tax Map Number: 83A3-1-303
  • Tax Other Annual Assessment Amount: 325500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Aug 22, 2023
Sold by
Glaser Gary Edward and Glaser Mary Elizabeth
Bought by
Feltman Christopher and Mcrae Mehagen
Seller's Agent
Shaun Sterling
LONG & FOSTER Cape Charles
Buyer's Agent
Betty Ann Latimer, Gri, Abr
LONG & FOSTER Cape Charles
List Price
$447,000
Sold Price
$430,000
Premium/Discount to List
-$17,000
-3.8%
Views
529
Current Estimated Value
$505,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,929
Avg. Annual Appreciation
7.48%
Original Mortgage
$344,000
Outstanding Balance
$338,112
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$159,682

Purchase Details

Closed on
Feb 10, 2022
Sold by
Kite Cornelia J
Bought by
Glaser Mary Elizabeth and Glaser Gary Edward
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
Feltman Christopher $430,000 Coastal Title & Closing
Glaser Mary Elizabeth -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feltman Christopher $344,000
Previous Owner Glaser Mary Elizabeth $165,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $430,000 0.0% $379 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/12/2023 07/12/23 Price Changed $430,000 -3.8% $379 / Sq Ft
05/26/2023 05/26/23 For Sale $447,000 0.0% $393 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
04/19/2023 04/19/23 Price Changed $447,000 -4.7% $393 / Sq Ft
04/03/2023 04/03/23 Price Changed $469,000 -3.1% $413 / Sq Ft
03/22/2023 03/22/23 Price Changed $484,000 -3.0% $426 / Sq Ft
02/19/2023 02/19/23 For Sale $499,000 -- $439 / 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 $2,863 $417,900 $197,400 $220,500
2023 $2,474 $325,500 $182,400 $143,100
2022 $2,474 $325,500 $182,400 $143,100
2021 $1,380 $165,300 $87,400 $77,900
2020 $1,380 $165,300 $87,400 $77,900
2019 $1,311 $158,000 $82,000 $76,000
2018 $1,311 $158,000 $82,000 $76,000
2017 $1,104 $158,000 $82,000 $76,000
2016 $1,104 $133,000 $72,400 $60,600
2015 -- $133,000 $72,400 $60,600
2011 -- $246,700 $158,000 $88,700
Source: Public Records

Agents Affiliated with this Home

  • Shaun Sterling

    Seller's Agent in 2023

    Shaun Sterling

    LONG & FOSTER Cape Charles

    (757) 331-2500

    17 in this area

    106 Total Sales

    Shaun Sterling
    Section Image

  • B

    Buyer's Agent in 2023

    Betty Ann Latimer, Gri, Abr

    LONG & FOSTER Cape Charles

    (757) 615-2683

    33 in this area

    61 Total Sales

    Betty Ann Latimer, Gri, Abr
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 57185

APN: 83A3-1-303

Virginia Northampton County Cape Charles 23310

218 Madison Ave, Cape Charles, VA

This home is located at 218 Madison Ave, Cape Charles, VA 23310 since 18 February 2023 and is currently estimated at $505,929, approximately $445 per square foot. This property was built in 1940. 218 Madison Ave is a home located in Northampton County with nearby schools including Northampton High School and Cape Charles Christian School.

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