NOT LISTED FOR SALE

408 Bay Ave Cape Charles, VA 23310

Estimated Value: $927,000 - $1,175,812

5 Beds
3.5 Baths
2,046 Sq Ft
$492/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $849,000 $415 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,915/month

Highlights

  • Bay View
  • Beach House
  • 1 Fireplace
  • Bayside
  • Wood Flooring
  • No HOA

About This Home

As of November 2020

Cape Charles Beachfront!! Water views thru out the home! Circa 1930's fully renovated Coastal home on corner of Jefferson & Bay Ave has inviting sunroom right as you come in from the beach. 28' X 9'5" second floor open deck looks out over the Chesapeake Bay and Cape Charles beachfront. Convenient wet bar on second floor is next to door leading to the deck. Great place to watch colorful sunsets! Open concept kitchen/dining area has granite counter tops and stainless appliances. This 5 bedroom 3 1/2 bath home has handsome moldings, fireplace in living room, and beautiful hardwood floors thru out. Cape Charles is a golf cart friendly town. Plenty of off street parking with alley access in back. Single car garage is large enough to store all your beach gear and a kayak or two!

Last Agent to Sell the Property

Kimberley Starr

CHESAPEAKE PROPERTIES License #0225043630 Listed on: 11/20/2020

Last Buyer's Agent

Kimberley Starr

CHESAPEAKE PROPERTIES License #0225043630 Listed on: 11/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,925

Year Built

  • Built in 1930

Lot Details

  • 4,360 Sq Ft Lot
  • Lot Dimensions are 40 x 109
  • Historic Home

Parking

  • 2 Car Garage

Home Design

  • Beach House
  • Composition Roof
  • Wood Siding
  • Plaster

Interior Spaces

  • 2,046 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Dining Area
  • Bay Views
  • Crawl Space
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Location

  • Bayside

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cape Charles Incorp. Subdivision

Listing and Financial Details

  • Tax Lot S
  • $470,600 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,925

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1001
  • Lot Size: 40 x 109
  • Water Body Name: Chesapeake Bay
  • Subdivision Name: Cape Charles Incorp.
  • Directions: Cape Charles north end of Bay Ave
  • Architectural Style: Historical, Beach House
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Historical
  • Year Built: 1930
  • Kitchen Level: First
  • RoomBedroom1Level: Second
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Insulated Doors
  • Entry Location: -
  • Fireplace Features: One Fireplace
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Hardwood
  • Interior Amenities: Wet Bar
  • Living Area: 2046
  • Window Features: Window Treatments, Double Pane Windows
  • Room Bedroom2 Level: Second
  • Dining Room Features: Eat-in Kitchen, Dining Area
  • Room Bedroom4 Level: Third
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 129.4722
  • Room Bedroom2 Area: 112.2639
  • Room Living Room Area: 386.8333
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 159.3472
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 156

Exterior Features

  • Lot Features: <.5 acre +/-
  • View: Water, Bay
  • View: Yes
  • Waterfront Features: Bayside
  • Construction Type: Wood Siding, Sheetrock, Plaster
  • Foundation Details: Crawl Space
  • Property Condition: 50-100 yrs +/-
  • Roof: Composition, Age 0-9 yrs +/-

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Two Car
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump, Electric, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4360
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 17/192
  • Tax Lot: S
  • Tax Map Number: 83A1-4-S
  • Tax Other Annual Assessment Amount: 470600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Nov 20, 2020
Sold by
Pierce James David and Pierce Susan Flournoy
Bought by
Hydrangea Hill Holdings Llc
Seller's Agent
Kimberley Starr
CHESAPEAKE PROPERTIES
Buyer's Agent
Kimberley Starr
CHESAPEAKE PROPERTIES
List Price
$849,000
Sold Price
$849,000
Current Estimated Value
$1,006,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,953
Avg. Annual Appreciation
3.54%
Original Mortgage
$350,000
Outstanding Balance
$311,450
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$695,503

Purchase Details

Closed on
Jan 17, 2017
Sold by
Parr Thomas A and Tooley Claudia J
Bought by
Pierce James David and Pierce Susan Flournoy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 19, 2008
Sold by
Parr Julia C
Bought by
Parr Stephen J and Mathis Valerie A
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
Hydrangea Hill Holdings Llc $849,000 Attorney
Pierce James David $350,000 Piedmont Title Agency Inc
Parr Stephen J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hydrangea Hill Holdings Llc $350,000
Previous Owner Pierce James David $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $849,000 0.0% $415 / Sq Ft
11/20/2020 11/20/20 For Sale $849,000 -- $415 / 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 $6,925 $1,010,900 $380,400 $630,500
2023 $6,623 $871,500 $332,400 $539,100
2022 $6,623 $871,500 $332,400 $539,100
2021 $3,930 $470,600 $232,400 $238,200
2020 $3,930 $470,600 $232,400 $238,200
2019 $3,853 $464,200 $232,400 $231,800
2018 $3,528 $425,000 $232,400 $192,600
2017 $2,834 $359,200 $232,400 $126,800
2016 $3,129 $341,500 $232,400 $109,100
2015 -- $341,500 $232,400 $109,100
2011 -- $546,200 $418,000 $128,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 52875

APN: 83A1-4-S