NOT LISTED FOR SALE

271 Old Course Loop Cape Charles, VA 23310

Estimated Value: $464,000 - $568,000

3 Beds
2 Baths
1,556 Sq Ft
$464/mo HOA Fee

Last Sold November 22, 2019

Last sale price $250,000 $161 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,355/month

49 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Outdoor Pool
  • Golf Course Community
  • Property Fronts a Bay or Harbor
  • Porch

About This Home

As of November 2019

FULLY FURNISHED and tastefully decorated 2nd Floor Unit in move-in condition. 2 car garage with wet sink and ample storage space for bikes and water toys! Very short walk to community pool and picnic area. Membership in Bay Creek Sports & Beach Club ($5,000 Value) will convey to new owners at no charge (monthly dues will apply). Enjoy carefree resort living on the Eastern Shore's premier gated condominium community. Resort amenities include- Tennis & Pickle-ball Counts, miles of multi-use trails, 2 miles of private white sandy beaches and more. Golf Membership available at a discounted rate as a full or part-time resident. Golf cart access to the historic district of Cape Charles and 2 marinas. Could also be an excellent income producer as a vacation rental!

Last Agent to Sell the Property

Rudy Martin

BLUE HERON REALTY CO. License #0225240792 Listed on: 10/03/2019

Last Buyer's Agent

Betty Ann Latimer, Gri, Abr

LONG & FOSTER Cape Charles License #0225053294

LONG & FOSTER Cape Charles

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • Property Fronts a Bay or Harbor
  • Sandy Beach

HOA Fees

  • $464 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Open Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,556 Sq Ft Home
  • 1-Story Property
  • Bar
  • Sheet Rock Walls or Ceilings
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Dining Area
  • Security Lights

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Deeded Waterfront Access Rights
  • Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Irrigation Water Rights
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • $178,100 per year additional tax assessments

Community Details

Overview

  • Bay Creek Association
  • Bay Creek Fairways Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$464 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium,Single Family Residence
  • Prop. Type: Residential
  • Lot Size: <.5
  • Water Body Name: Chesapeake Bay
  • Subdivision Name: Bay Creek - Fairways
  • Directions: Bay Creek Parkway to stop sign. Turn left onto Palmer Dr. and turn Left at the entrance to the Signatures Village. Old Course Loop is the first right and this unit is the second one in from the corner.
  • Architectural Style: Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Condo
  • Year Built: 2005
  • Kitchen Level: Second
  • RoomBedroom1Level: Second
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Range, Dishwasher, Range Hood, Disposal, Washer, Microwave, Refrigerator, Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: -
  • Fireplace Features: One Fireplace, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Walk-In Closet(s)
  • Living Area: 1556
  • Window Features: Window Treatments, Double Pane Windows
  • Room Bedroom2 Level: Second
  • Dining Room Features: Dining Area, Bar
  • Living Room Living Room Level: Second
  • Room Bedroom3 Area: 156
  • Room Bedroom2 Area: 168
  • Room Living Room Area: 289
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 80
  • Dining Room Dining Room Level: Second
  • Room Dining Room Area: 80

Exterior Features

  • Lot Features: 0 Acreage (Condo)
  • Pool Features: Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: Deed Water Rights, Water Access-Private, Water Access, Bay Front, Deeded Access, Sand Beach
  • Waterfront: Yes
  • Disclosures: HOA Disclosure
  • Construction Type: Other, Sheetrock
  • Exterior Features: Tennis Court(s)
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Property Condition: 5-15 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached, Two Car, Paved
  • Total Parking Spaces: 2

Utilities

  • Security: Smoke Detector(s), Security Lights
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Amenities, Golf
  • Association Fee: 5572
  • Association Fee Frequency: Annually
  • Association Name: Bay Creek
  • Association: No

Lot Info

  • Farm Land Area Units: Square Feet
  • Irrigation Water Rights: Yes

Tax Info

  • Tax Book Number: 0
  • Tax Lot: 20
  • Tax Map Number: 00090/ 11 00
  • Tax Other Annual Assessment Amount: 178100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Nov 19, 2019
Sold by
Kappeler Alan J
Bought by
Pickles Michael D and Pickles Jennifer L
Seller's Agent
Rudy Martin
BLUE HERON REALTY CO.
Buyer's Agent
Betty Ann Latimer, Gri, Abr
LONG & FOSTER Cape Charles
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$501,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,918
Avg. Annual Appreciation
12.21%
Original Mortgage
$196,000
Outstanding Balance
$172,084
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$329,834

Purchase Details

Closed on
Jul 8, 2010
Sold by
Villamil Lisa and Finley Lisa G
Bought by
Kappeler Alan J and Kappeler Joyce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,625
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2005
Sold by
Bay Creek Llc
Bought by
Finley Denis J and Finley Lisa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,870
Interest Rate
5.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pickles Michael D $250,000 Attorney
Kappeler Alan J $227,500 None Available
Finley Denis J $68,687 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pickles Michael D $196,000
Previous Owner Kappeler Alan J $170,625
Previous Owner Finley Denis J $175,870
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $250,000 0.0% $161 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $250,000 -- $161 / 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 $3,030 $442,300 $0 $442,300
2023 $2,181 $287,000 $0 $287,000
2022 $2,181 $287,000 $0 $287,000
2021 $1,676 $200,700 $0 $200,700
2020 $1,676 $200,700 $0 $200,700
2019 $1,478 $178,100 $0 $178,100
2018 $1,478 $178,100 $0 $178,100
2017 $1,326 $178,100 $0 $178,100
2016 $1,326 $159,700 $0 $159,700
2015 -- $159,700 $0 $159,700
2011 -- $291,900 $30,000 $261,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Rudy Martin

    BLUE HERON REALTY CO.

    (703) 408-5445

    26 in this area

    34 Total Sales

    Rudy Martin
    Section Image

  • B

    Buyer's Agent in 2019

    Betty Ann Latimer, Gri, Abr

    LONG & FOSTER Cape Charles

    (757) 615-2683

    34 in this area

    63 Total Sales

    Betty Ann Latimer, Gri, Abr
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 50685

APN: 90-11-271BO

Virginia Northampton County Cape Charles 23310

271 Old Course Loop, Cape Charles, VA

Not Listed for Sale

Condos

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