NOT LISTED FOR SALE

405 Cassatt Knolls Unit 17 Cape Charles, VA 23310

Estimated Value: $906,000

0.22 Acre
$4,118,182 Price per Acre
9,583 Sq Ft Lot

Last Sold April 01, 2019

Last sale price $160,000

Est. 466% increase in value since last sale

Current estimated payment $5,553/month

14 Days on Market

Highlights

  • Golf Course Community
  • Tennis Courts
  • Bay View
  • Sandy Beach
  • Outdoor Pool
  • Waterfront

About This Lot

As of April 2019

Imagine seeing a beautiful sunset each evening from your own backyard! This homesite offers extraordinary views of Bay Creek's Arnold Palmer Signature Golf Course and Chesapeake Bay! Just steps from Private Beach. Seller is matching the Developer's incentives with acceptable offer. Ask agent for details. Lot dimensions:115' x 82'. Floor Plan attached could be built on this homesite. Bay Creek offers modern day amenities surrounding the charming, historical Town of Cape Charles. Amenities include 2 Signature Golf Courses, Private Beach, Beach Club and Fitness Center, Community Center with Pool/Tennis Courts, Walking Paths, Pro Shop and Coach House Tavern Restaurant. Homesite is within walking distance of private beach, pools and fitness. Golf Cart Friendly Community. Motivated Seller!

Last Agent to Sell the Property

Shanna Colls

BAY CREEK REALTY License #0225105828 Listed on: 02/25/2019

Last Buyer's Agent

Shanna Colls

BAY CREEK REALTY License #0225105828 Listed on: 02/25/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,846

Lot Details

  • 9,583 Sq Ft Lot
  • Waterfront
  • Property fronts a private road
  • Sandy Beach
  • Level Lot

HOA Fees

  • $231 Monthly HOA Fees

Property Views

  • Bay Views

Schools

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

Listing and Financial Details

  • Tax Lot 17
  • $185,000 per year additional tax assessments

Community Details

Overview

  • Bay Creek Association
  • Bay Creek Bayside Village Subdivision

Recreation

  • Golf Course Community
  • Outdoor Pool
  • Tennis Courts

Property Details

Property Type

Land

Est. Annual Taxes

$6,846

Lot Details

0

HOA Fees

$231 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.22
  • Lot Size: 9583 Sq Ft
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: Pond Front
  • Subdivision Name: Bay Creek - Bayside Village
  • Directions: Fm Rt 13 take Rt 184W, Stone Rd and make your second left onto the Bay Creek Bypass, Rt 642. The gated entrance to Bay Creek will be on your left.
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: <.5 acre +/-
  • Pool Features: Swimming Pool
  • Topography: Level
  • View: Bay, Water
  • View: Yes
  • Waterfront Features: Waterfront, Sand Beach
  • Waterfront: Yes
  • Disclosures: HOA Disclosure
  • Other Structures: None, Tennis Court(s)

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Community Amenities, Golf
  • Association Fee: 2772
  • Association Fee Frequency: Annually
  • Association Name: BAY CREEK
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 0
  • Tax Lot: 17
  • Tax Map Number: 90-17-17
  • Tax Other Annual Assessment Amount: 185000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2010
Sold by
Bay Creek South Llc
Bought by
Lemery Joseph M and Lemery Jill R
Current Estimated Value
$906,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$99,085
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$806,915
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
Lemery Joseph M $200,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemery Joseph M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2019 04/01/19 Sold $160,000 0.0% --
03/12/2019 03/12/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $160,000 -- --
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 $6,846 $999,400 $245,500 $753,900
2023 $5,879 $773,600 $217,800 $555,800
2022 $5,879 $773,600 $217,800 $555,800
2021 $5,294 $634,000 $197,400 $436,600
2020 $1,545 $185,000 $185,000 $0
2019 $1,536 $185,000 $185,000 $0
2018 $1,536 $185,000 $185,000 $0
2017 $1,577 $185,000 $185,000 $0
2016 $1,577 $190,000 $190,000 $0
2015 -- $190,000 $190,000 $0
2011 -- $400,000 $400,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 49220

APN: 90-17-17