Seller's Agent in 2024
Gerry Forbes
BLUE HERON REALTY CO.
(757) 331-4885
72 Total Sales
3101 Butler's Bluff Dr Unit 25 Cape Charles, VA 23310
Estimated Value: $285,000 - $365,995
1.56
Acres
$196,954
Price per Acre
67,954
Sq Ft Lot
Highlights
- Deeded Waterfront Access Rights
- Bayside
- No HOA
- Sandy Beach
- Partially Wooded Lot
- Level Lot
About This Lot
As of August 2024AN EXCEPTIONAL BUILDING LOT Located in Butler's Bluff, one of the most desirable neighborhoods on the Shore. Just bring your plans as this lot has a concrete driveway, open building site surrounded by mature landscaping. Not to mention that the well & septic for a three bedroom home is in place & cable ready. Sit on the porch of your studio to enjoy the sunsets over the Chesapeake Bay as you are just across the street from the Bay. A quick walk to the beach access to Kitopeake State Park's beach. The cute studio has electric heat & a/c installed. refrigerator & microwave, perfect for summer outdoor picnics. Butler's Bluff is just thirty minutes to Va Beach & Norfolk only 10 minutes to the historic beachfront town of Cape Charles. A rare opportunity to acquire an exceptional property.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,863
Year Built
- 1996
Lot Details
- 1.56 Acre Lot
- Property fronts a highway
- Sandy Beach
- Level Lot
- Open Lot
- Partially Wooded Lot
Parking
- Paved Parking
- Open Parking
Location
- Bayside
Schools
- Kiptopeke Elementary School
- Northampton Middle School
- Northampton High School
Utilities
- Irrigation Water Rights
- Well
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 25
- $272,000 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Cape Charles Subdivision
Recreation
- Deeded Waterfront Access Rights
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2024
Closed on
Aug 5, 2024
Sold by
Mdlams Revocable Trust and Monserrate Mari
Bought by
Groff Francis W and Groff Susan
Seller's Agent
Gerry Forbes
BLUE HERON REALTY CO.
Buyer's Agent
Michael Killebrew
BLUE HERON REALTY CO.
List Price
$335,000
Sold Price
$299,000
Premium/Discount to List
-$36,000
-10.75%
Total Days on Market
115
Views
519
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,124
Avg. Annual Appreciation
3.91%
Purchase Details
Closed on
Nov 11, 2022
Sold by
Morris Heidi and Morris John Thomas
Bought by
Mdlams Revocable Trust
Purchase Details
Closed on
May 16, 2019
Sold by
Dixon Timothy W and Dixon Peggy
Bought by
Morris John Thomas and Morris Heidi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.1%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Groff Francis W | $299,000 | None Listed On Document | |
| Mdlams Revocable Trust | $225,000 | Fidelity National Title | |
| Morris John Thomas | $125,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Morris John Thomas | $96,000 | |
| Previous Owner | Dixon Timothy W | $100,000 | |
| Previous Owner | Dixon Timothy W | $327,600 | |
| Previous Owner | Dixon Timothy | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2024 08/16/24 | Sold | $299,000 | -10.7% | -- |
| 04/20/2024 04/20/24 | For Sale | $335,000 | -- | -- |
Source: Eastern Shore Association of REALTORS®
Tax History Compared to Growth
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 | $1,863 | $272,000 | $254,500 | $17,500 |
| 2023 | $1,607 | $211,400 | $193,000 | $18,400 |
| 2022 | $1,607 | $211,400 | $193,000 | $18,400 |
| 2021 | $1,047 | $125,400 | $107,000 | $18,400 |
| 2020 | $1,047 | $125,400 | $107,000 | $18,400 |
| 2019 | $999 | $120,400 | $101,800 | $18,600 |
| 2018 | $1,182 | $142,400 | $101,800 | $40,600 |
| 2017 | $3,496 | $142,400 | $101,800 | $40,600 |
| 2016 | $3,496 | $421,200 | $103,000 | $318,200 |
| 2015 | -- | $421,200 | $103,000 | $318,200 |
| 2011 | -- | $625,000 | $183,000 | $442,000 |
Source: Public Records
Agents Affiliated with this Home
-
Gerry Forbes
-
Michael Killebrew
Buyer's Agent in 2024
Michael Killebrew
BLUE HERON REALTY CO.
(757) 678-6322
53 Total Sales
Map
Similar Property in Cape Charles, VA
Source: Eastern Shore Association of REALTORS®
MLS Number: 60363
APN: 112F-2-25
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