NOT LISTED FOR SALE

5122 Magotha Rd Cape Charles, VA 23310

Estimated Value: $332,069 - $400,000

3 Beds
2 Baths
1,904 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $220,000 $116 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,072/month

57 Days on Market

Highlights

  • 1 Acre Lot
  • No HOA
  • Walk-In Closet
  • Wood Flooring
  • Double Pane Windows
  • Cooling Available

About This Home

As of August 2020

Less than 10 minutes from the north entrance to the Chesapeake Bay Bridge Tunnel, this cute ranch is surrounded by a wrap-around deck and lots of peace and quiet. You will find many new, contemporary upgrades, including recessed can lighting, stainless appliances, and engineered wood and laminate floors throughout this well-kept home. New storm doors, updated plumbing, fixtures and vanities. There's about an acre of open space with plenty of parking and room to garden. Large back yard is partially fenced and has an outbuilding. Another 10 minutes north will bring you to Cape Charles with its historic charm, great shops, restaurants and public beach. If you're looking for a place between the Chesapeake Bay and the Atlantic Ocean, this may be the one. The water is never far away!

Last Buyer's Agent

Betty Ann Latimer, Gri, Abr

LONG & FOSTER Cape Charles License #0225053294

LONG & FOSTER Cape Charles

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 1 Acre Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Doors
  • Dining Room
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Townsend Subdivision

Listing and Financial Details

  • Tax Lot B
  • $168,600 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

1 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Lot Size: 1
  • Subdivision Name: Townsend
  • Directions: Going south, turn left off Lankford Hwy onto Townsend Rd. Right on Seaside Rd. Take first left onto Magotha Rd. House will be on right.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2007
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Range, Dishwasher, Freezer, Washer, Microwave, Refrigerator, Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Other, Hardwood
  • Interior Amenities: Walk-In Closet(s), 1st Floor Bedroom, Dining Room
  • Living Area: 1904
  • Window Features: Double Pane Windows
  • Room Bedroom2 Level: First
  • Dining Room Features: Dining Area
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 150
  • Room Bedroom2 Area: 150
  • Room Living Room Area: 405
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 216
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 180

Exterior Features

  • Fencing: Fenced
  • Lot Features: 1-1.9 acres +/-
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Crawl Space, Block
  • Other Structures: Shed/Barn
  • Property Condition: 5-15 yrs +/-
  • Roof: Composition, Age 10 yrs +/-

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Size Sq Ft: 43560
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: LR 15 473
  • Tax Lot: B
  • Tax Map Number: 113-5-B
  • Tax Other Annual Assessment Amount: 168600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jul 20, 2020
Sold by
Pino Richard M and Pino Michelle
Bought by
Harrison Shana L and Richardson Nathan C
Buyer's Agent
Betty Ann Latimer, Gri, Abr
LONG & FOSTER Cape Charles
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Current Estimated Value
$371,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,517
Avg. Annual Appreciation
9.94%
Original Mortgage
$222,222
Outstanding Balance
$196,682
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$174,835
Source: Public Records
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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
Harrison Shana L $220,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Shana L $222,222
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2020 08/18/20 Sold $220,000 -2.2% $116 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $225,000 -- $118 / Sq Ft
Source: Eastern Shore Association of REALTORS®

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 $1,965 $286,800 $34,300 $252,500
2023 $1,724 $226,900 $24,900 $202,000
2022 $1,724 $226,900 $24,900 $202,000
2021 $1,408 $168,600 $20,000 $148,600
2020 $1,408 $168,600 $20,000 $148,600
2019 $1,413 $170,300 $20,000 $150,300
2018 $1,413 $170,300 $20,000 $150,300
2017 $1,429 $170,300 $20,000 $150,300
2016 $1,429 $172,200 $21,000 $151,200
2015 -- $172,200 $21,000 $151,200
2011 -- $237,700 $38,000 $199,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 51795

APN: 113-5-B

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