NOT LISTED FOR SALE

22436 Junction Ln Unit 64 Cape Charles, VA 23310

Estimated Value: $277,942

5.06 Acres
$54,908 Price per Acre
220,501 Sq Ft Lot

Last Sold July 24, 2019

Last sale price $185,000

Est. 50% increase in value since last sale

Current estimated payment $1,585/month

160 Days on Market

Highlights

  • 5.06 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of July 2019

22436 Junction Lane is 5+ acres of land plus a 10,000 sq ft historic brick warehouse (formerly the D.L. Edgerton Seafood Warehouse, circa 1900). Situated directly on Stone Rd., just before Cape Charles Brewing Co. and the destination town of Cape Charles, this is a prime commercial location. Current TE-1 zoning allows reuse with special permit, including restaurant less than 50-seats, country store, antique market and more. Town willing to extend water, sewer and golf cart trail to property.

Last Agent to Sell the Property

Kimberley Starr

CHESAPEAKE PROPERTIES License #0225043630 Listed on: 01/26/2019

Last Buyer's Agent

Kimberley Starr

CHESAPEAKE PROPERTIES License #0225043630 Listed on: 01/26/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,562

Lot Details

  • 5.06 Acre Lot
  • Level Lot
  • Zoning described as Other-See Remarks

Community Details

  • No Home Owners Association
  • Cape Charles Subdivision

Listing and Financial Details

  • Tax Lot 64
  • $24,500 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$1,562

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 5.062
  • Lot Size: 5.062 acres
  • Subdivision Name: Cape Charles
  • Directions: Turn at Cape Charles light heading into town of Cape Charles. Property is on the left..over the railroad tracks.
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Subdevelopment

Exterior Features

  • Lot Features: <.5 acre +/-
  • Topography: Level
  • Waterfront Features: None
  • Waterfront: No
  • Other Structures: Structure As Is

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Size Sq Ft: 220500.72
  • Farm Land Area Units: Square Feet
  • Zoning Description: Other-See Remarks
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 13/1692
  • Tax Lot: 64
  • Tax Map Number: 84-A-64
  • Tax Other Annual Assessment Amount: 24500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Tre Investments Llc
Bought by
Seven Pillars Farm Llc
Current Estimated Value
$277,942

Purchase Details

Closed on
Oct 8, 2019
Sold by
Tsokanoff Viktoriya and Tsokanoff Andrey
Bought by
Tre Investments Llc

Purchase Details

Listed on
Jan 26, 2019
Closed on
Jul 15, 2019
Sold by
Cape Charles Sea Salt Llc
Bought by
Tsokanov Andrey and Tsokanoff Viktoriya
Seller's Agent
Kimberley Starr
CHESAPEAKE PROPERTIES
Buyer's Agent
Kimberley Starr
CHESAPEAKE PROPERTIES
List Price
$185,000
Sold Price
$185,000

Purchase Details

Closed on
Apr 15, 2013
Sold by
Marshall Enterprises Llc
Bought by
Cape Charles Sea Salt Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Seven Pillars Farm Llc $342,000 Chicago Title
Tre Investments Llc -- None Available
Tsokanov Andrey $185,000 Attorney
Cape Charles Sea Salt Llc $12,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2019 07/24/19 Sold $185,000 0.0% --
07/09/2019 07/09/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $185,000 -- --
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 $1,562 $228,000 $140,000 $88,000
2023 $1,771 $233,000 $140,000 $93,000
2022 $1,771 $233,000 $140,000 $93,000
2021 $1,511 $181,000 $100,000 $81,000
2020 $1,511 $181,000 $100,000 $81,000
2019 $203 $24,500 $20,000 $4,500
2018 $203 $24,500 $20,000 $4,500
2017 $203 $24,500 $20,000 $4,500
2016 $203 $24,500 $20,000 $4,500
2015 -- $24,500 $20,000 $4,500
2011 -- $83,000 $83,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 49096

APN: 84-A-64