NOT LISTED FOR SALE

38116 Castaway Dr Greenbackville, VA 23356

Estimated Value: $392,121 - $437,000

4 Beds
2.5 Baths
2,215 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $380,425 $172 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,422/month

103 Days on Market

Highlights

  • New Construction
  • Main Floor Bedroom
  • Breakfast Area or Nook
  • Contemporary Architecture
  • Great Room
  • 2 Car Attached Garage

About This Home

As of July 2023

Custom Frankford Model A offered by Gemcraft Homes. A unique twist on a traditional design that includes 3 bedrooms (optional 4th), 2.5 baths,1979 sq ft.w/2-car garage, two-story, family room, kitchen/breakfast room combination, and separate formal dining room. First floor laundry and first floor owner's suite with walk-in closet Second level offers 2 Additional BR's and full BA overlooking Main Living Area below. Optional Elevations available to add your own personal touch. Pictures may have upgraded features. Captains Cove Golf & Waterfront Community amenities offer: 9 Hole Pristine Golf Course, 3 Pools (2 Outdoor/1 Indoor), Fitness Center, Boat Ramp, Basketball & Tennis Court, Playground, Walking & Biking Trails, Picnic Area, Dog Park, Security and such much more. Call today for showing

Last Agent to Sell the Property

Cynthia Welsh

HALL REALTY INC Brokerage Phone: 4109570800 Listed on: 10/15/2022

Last Buyer's Agent

None/Non-Member/Out Of Area Agent

None/Non-Member/Out of Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,416

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,750 Sq Ft Lot
  • Lot Dimensions are 65 x 150 x 65 x 150

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,215 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Double Pane Windows
  • Insulated Doors
  • Great Room
  • Living Room with Fireplace
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Accessible Home Design

  • Level Entry For Accessibility

Schools

  • Kegotank Elementary School
  • Arcadia Middle School
  • Arcadia High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • Ccgyc Association
  • Captains Cove Subdivision

Listing and Financial Details

  • Tax Lot 812
  • $380,425 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,416

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2238
  • Lot Size: 65 x 150 x 65 x 150
  • Road Surface Type: Chip & Tar
  • Water Body Name: None
  • Subdivision Name: Captains Cove
  • Directions: From Ocean City MD: South on Route 113, toward Snow Hill, take left on R12 at light toward Stockton MD, From Stockton continue about 2 miles to Left on State Line Road as you enter Virginia. Proceed to Captains Cove main entrance on Captains Corridor, follow to RT on Castaway Dr, follow past Fantail Ct.Home being built on RT. Look for flyer box
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 2023
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Disposal, Microwave, Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Entry Location: First
  • Fireplace Features: One Fireplace, Living Room, None
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Great Room, Walk-In Closet(s)
  • Living Area: 2215
  • Window Features: Double Pane Windows
  • Room Bedroom2 Level: Second
  • Room Bedroom4 Area: 160
  • Dining Room Features: Breakfast Area
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 201.3889
  • Room Bedroom2 Area: 137.6181
  • Room Living Room Area: 295.5
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 143
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 121

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: HOA Disclosure
  • Construction Type: Vinyl Siding, Sheetrock
  • Exterior Features: Other
  • Foundation Details: Crawl Space, Other
  • Property Condition: New Construction
  • Roof: Composition, Age 0-9 yrs +/-

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Amenities
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Association Name: CCGYC
  • Association: Yes

Schools

  • Elementary School: Kegotank
  • High School: Arcadia
  • Middle Or Junior School: Arcadia

Lot Info

  • Lot Size Sq Ft: 9750
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2416
  • Tax Book Number: 220003338
  • Tax Lot: 812
  • Tax Map Number: 5A1-1-812
  • Tax Other Annual Assessment Amount: 380425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Jul 21, 2023
Sold by
Gemcraft Hms Cc Llc
Bought by
Kessler Kevin
Seller's Agent
Cynthia Welsh
HALL REALTY INC
Buyer's Agent
None/Non-Member/Out Of Area Agent
None/Non-Member/Out of Area
List Price
$322,990
Sold Price
$380,425
Premium/Discount to List
$57,435
17.78%
Views
69
Current Estimated Value
$407,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,105
Avg. Annual Appreciation
3.06%
Original Mortgage
$217,000
Outstanding Balance
$211,843
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$195,687

Purchase Details

Closed on
Jun 30, 2022
Sold by
Captains Cove Land Co Llc
Bought by
Gemcraft Homes Cc Llc

Purchase Details

Closed on
Jan 1, 2006
Bought by
Kratzer David A and Ellis Eugenia V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kessler Kevin $380,425 --
Gemcraft Homes Cc Llc $12,500 --
Kratzer David A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kessler Kevin $217,000
Previous Owner Kratzer David A $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $380,425 +17.8% $172 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
10/16/2022 10/16/22 For Sale $322,990 -- $146 / 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
2025 $1,970 $358,800 $4,000 $354,800
2024 $1,790 $358,800 $4,000 $354,800
2023 $25 $4,000 $4,000 $0
2022 $25 $4,000 $4,000 $0
2021 $13 $2,000 $2,000 $0
2020 $13 $2,000 $2,000 $0
2019 $13 $2,000 $2,000 $0
2018 $13 $2,000 $2,000 $0
2017 $22 $3,500 $3,500 $0
2016 $22 $3,500 $3,500 $0
2015 $30 $5,000 $5,000 $0
2014 $30 $5,000 $5,000 $0
2013 -- $7,500 $7,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 56709

APN: 005-A1-01-00-0812-00