NOT LISTED FOR SALE

509 Madison Ave Cape Charles, VA 23310

Estimated Value: $320,000 - $424,000

2 Beds
1 Bath
858 Sq Ft
$439/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $380,000 $443 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,168/month

51 Days on Market

Highlights

  • Water Access
  • No HOA
  • Double Pane Windows
  • Wood Flooring
  • Enclosed Patio or Porch
  • 2-minute walk to Cape Charles Historic District

About This Home

As of December 2023

Historic shotgun style cottage circa 1926. In need of updates. Appears structurally sound based upon recent inspections. Very nice lot with alley access. Owner suggest opening up the enclosed front porch to return the home to it's original architectural style.

Last Agent to Sell the Property

Denise B. Lewis

LEWIS REALTY Brokerage Phone: 7576785851 Listed on: 10/27/2023

Last Buyer's Agent

Trina Veber

COLDWELL BANKER HARBOUR REALTY

COLDWELL BANKER HARBOUR REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,341

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Bungalow
  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Asbestos
  • Plaster

Interior Spaces

  • 858 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Crawl Space
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • No Garage
  • Driveway
  • Open Parking

Outdoor Features

  • Water Access
  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Heating Available

Community Details

  • No Home Owners Association
  • Cape Charles Incorp. Subdivision

Listing and Financial Details

  • Tax Lot 162
  • $220,300 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,341

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: .12
  • Water Body Name: Chesapeake Bay
  • Subdivision Name: Cape Charles Incorp.
  • Directions: Go to historic district of Cape Charles; right on Fig St; left onto Madison; house on right.
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1926
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 858
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: Water Access, Access To Water
  • Construction Type: Wood Siding, Vinyl Siding, Asbestos, Plaster
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Enclosed
  • Property Condition: 50-100 yrs +/-
  • Roof: Composition, Age Unknown

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Other, Natural Driveway

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater
  • 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: 5227.2
  • Farm Land Area Units: Square Feet

Tax Info

  • Tax Book Number: 22-1104
  • Tax Lot: 162
  • Tax Map Number: 83A1-1-162A
  • Tax Other Annual Assessment Amount: 220300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Dec 12, 2023
Sold by
Eastern Shore Holdings Llc
Bought by
Dudek Joseph R and Dudek Lauren M
Seller's Agent
Denise B. Lewis
LEWIS REALTY
Buyer's Agent
Trina Veber
COLDWELL BANKER HARBOUR REALTY
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%
Views
34
Current Estimated Value
$377,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,985
Avg. Annual Appreciation
-0.42%

Purchase Details

Closed on
Apr 15, 2022
Sold by
Linton Robert T
Bought by
Eastern Shore Holdings Llc
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
Dudek Joseph R $380,000 A&N Title
Eastern Shore Holdings Llc $135,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Sold $380,000 -1.3% $443 / Sq Ft
11/22/2023 11/22/23 Off Market $385,000 -- --
10/27/2023 10/27/23 For Sale $385,000 -- $449 / 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 $2,341 $341,800 $153,500 $188,300
2023 $1,674 $220,300 $141,100 $79,200
2022 $1,674 $220,300 $141,100 $79,200
2021 $1,075 $128,800 $78,800 $50,000
2020 $1,075 $128,800 $78,800 $50,000
2019 $921 $111,000 $62,200 $48,800
2018 $921 $111,000 $62,200 $48,800
2017 $826 $111,000 $62,200 $48,800
2016 $826 $99,500 $55,400 $44,100
2015 -- $99,500 $55,400 $44,100
2011 -- $160,500 $88,000 $72,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 59561

APN: 83A1-1-162A