NOT LISTED FOR SALE

413 Jefferson Ave Unit 63 Cape Charles, VA 23310

Estimated Value: $1,119,000

0.13 Acre
$8,607,692 Price per Acre
5,663 Sq Ft Lot

Last Sold July 20, 2018

Last sale price $86,000

Est. 1,201% increase in value since last sale

Current estimated payment $6,428/month

482 Days on Market

Highlights

  • Golf Course Community
  • Boat Ramp
  • Tennis Courts
  • Water Access
  • Sandy Beach
  • 2-minute walk to Cape Charles Historic District

About This Lot

As of July 2018

In the historic district of the Town of Cape Charles, just 3 blocks back from the Chesapeake Bay beaches & boardwalk, a full size town building lot offered with a fully paid water & sewer account. Mostly cleared with only some trees along the north (rear) property line, this lot is just 120 feet south of the Peach St. intersection and the recently installed town pedestrian trail that connects Central Park with the boardwalk. The location of this prime building lot is central to all amenities such as Central Park, tennis courts, shopping district, theater, restaurants, beach, boat ramps, marinas. The historic district has special guidelines in place for preserving the special architectural look of the various neighborhoods within it. Please refer to the Town zoning office for info.

Last Agent to Sell the Property

David L. Kabler

BLUE HERON REALTY CO. License #0225195939 Listed on: 03/24/2017

Last Buyer's Agent

David L. Kabler

BLUE HERON REALTY CO. License #0225195939 Listed on: 03/24/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,851

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40' x 140'
  • Sandy Beach
  • Level Lot

Utilities

  • Phone Available

Listing and Financial Details

  • Tax Lot 63
  • $48,400 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Cape Charles Incorp. Subdivision

Recreation

  • Golf Course Community
  • Water Access
  • Boat Ramp
  • Tennis Courts

Property Details

Property Type

Land

Est. Annual Taxes

$6,851

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.13
  • Lot Size: 40' x 140'
  • Road Surface Type: Paved
  • Water Body Name: None
  • Subdivision Name: Cape Charles Incorp.
  • Directions: Jefferson Ave. east or west to the 400 block, the fourth block back from the beach.
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: <.5 acre +/-
  • Topography: Level
  • Waterfront Features: Water Access-Public, Sand Beach, Boat Ramp
  • Waterfront: No
  • Other Structures: None, Tennis Court(s)

Utilities

  • Utilities: Electricity Available, Water Available, Phone Available

Condo/Co-op/Association

  • Community Features: Community Amenities, Golf
  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: LR03-3306
  • Tax Lot: 63
  • Tax Map Number: 83A1-01-63
  • Tax Other Annual Assessment Amount: 48400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2007
Sold by
Jenkins James Willie Frank and Washington Jannie
Bought by
Jenkins James W and Jenkins Myra M
Current Estimated Value
$1,119,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,450
Outstanding Balance
$42,756
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$1,076,244
Source: Public Records

Range of Values:

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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
Jenkins James W $70,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins James W $63,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2018 07/20/18 Sold $86,000 -4.3% --
07/20/2018 07/20/18 Pending -- -- --
03/24/2017 03/24/17 For Sale $89,900 -- --
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 $6,851 $1,000,100 $182,400 $817,700
2023 $1,272 $167,400 $167,400 $0
2022 $1,272 $167,400 $167,400 $0
2021 $939 $112,400 $112,400 $0
2020 $939 $112,400 $112,400 $0
2019 $516 $62,200 $62,200 $0
2018 $516 $62,200 $62,200 $0
2017 $402 $62,200 $62,200 $0
2016 $402 $48,400 $48,400 $0
2015 -- $48,400 $48,400 $0
2011 -- $141,200 $108,000 $33,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 45256

APN: 83A1-1-63