$690,000
SOLD NOV 8, 2024

518 Madison Ave Cape Charles, VA 23310

3 Beds
2.5 Baths
1,770 Sq Ft
5,400 Sq Ft Lot

Recently Sold

$390 Per Sq Ft

4% Below List Price

76 Days on Market

Highlights

  • Pier or Dock
  • Beach House
  • 1 Fireplace
  • Sandy Beach
  • Wood Flooring
  • 1-minute walk to Cape Charles Historic District

About This Home

As of November 2024

Discover the enchanting coastal lifestyle you've always dreamed of in this delightful home located just blocks from the pristine beach on the Chesapeake Bay. Spend mornings riding your golf cart around the charming streets of Cape Charles, afternoons filled with leisurely strolls, bike rides, and evenings indulging in fresh seafood at the town's fantastic restaurants. Outdoor enthusiasts will revel in the abundance of fishing and boating opportunities in the Chesapeake Bay and the Atlantic Ocean. Whether you're a seasoned angler or a weekend sailor, this home is your gateway to aquatic fun! If you're looking for a personal retreat or an income-generating property, this home is your gateway to a life filled with sunshine, adventure, and unforgettable memories!

Last Agent to Sell the Property

Sarah Rivas

COLDWELL BANKER HARBOUR REALTY Brokerage Phone: 7573313255 License #0225254926 Listed on: 08/23/2024

COLDWELL BANKER HARBOUR REALTY

Last Buyer's Agent

Sarah Rivas

COLDWELL BANKER HARBOUR REALTY Brokerage Phone: 7573313255 License #0225254926 Listed on: 08/23/2024

COLDWELL BANKER HARBOUR REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,801

Year Built

  • Built in 2000

Lot Details

  • 5,400 Sq Ft Lot
  • Lot Dimensions are 40 x 135
  • Sandy Beach
  • Fenced

Parking

  • No Garage

Home Design

  • Beach House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,770 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • 1 Fireplace
  • Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 269
  • $447,400 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Cape Charles Incorp. Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,801

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.124
  • Lot Size: 40 x 135
  • Subdivision Name: Cape Charles Incorp.
  • Directions: Heading north on highway 13 make a left on Stone Rd. Make a right on Fig St. Make a left on Madison. House is on the left.
  • Architectural Style: Beach House, Eastern Shore Style
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2000
  • Kitchen Level: First
  • RoomBedroom1Level: Second
  • Attribution Contact: 7573313255
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator, Range Hood, Washer, Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: -
  • Fireplace Features: One Fireplace
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Hardwood
  • Interior Amenities: Dining Room
  • Living Area: 1770
  • Room Bedroom2 Level: Second
  • Dining Room Features: Eat-in Kitchen, Dining Room
  • Living Room Living Room Level: First
  • Room Bedroom3 Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Fencing: Fenced
  • Lot Features: <.5 acre +/-
  • Waterfront Features: None, Sand Beach
  • Waterfront: No
  • Construction Type: Vinyl Siding, Sheetrock
  • Exterior Features: Pier/Dock
  • Foundation Details: Crawl Space
  • Other Structures: Shed/Barn
  • Property Condition: 15-30 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 5400
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential

Tax Info

  • Tax Book Number: 230000105
  • Tax Lot: 269
  • Tax Map Number: 83A3-1-269
  • Tax Other Annual Assessment Amount: 447400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Oct 21, 2024
Sold by
Meyers Kathleen P and Gale Thomas M
Bought by
Auer Charles and Auer Christine
Seller's Agent
Sarah Rivas
COLDWELL BANKER HARBOUR REALTY
Buyer's Agent
Sarah Rivas
COLDWELL BANKER HARBOUR REALTY
List Price
$719,500
Sold Price
$690,000
Premium/Discount to List
-$29,500
-4.1%
Views
30
Current Estimated Value
$638,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,274
Avg. Annual Appreciation
4.17%
Original Mortgage
$517,500
Outstanding Balance
$514,937
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$197,976

Purchase Details

Closed on
Oct 19, 2007
Sold by
Helvin James B and Helvin Louise H
Bought by
Belsky Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $690,000 None Listed On Document
Deed $270,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $517,500 New Conventional
Previous Owner $226,000 New Conventional
Previous Owner $216,000 New Conventional
Previous Owner $40,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $690,000 -4.1% $390 / Sq Ft
08/23/2024 08/23/24 For Sale $719,500 -- $406 / 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 $3,801 $554,900 $182,400 $372,500
2023 $3,400 $447,400 $167,400 $280,000
2022 $3,400 $447,400 $167,400 $280,000
2021 $2,190 $262,300 $92,400 $169,900
2020 $2,190 $262,300 $92,400 $169,900
2019 $1,972 $237,600 $72,400 $165,200
2018 $1,972 $237,600 $72,400 $165,200
2017 $1,637 $237,600 $72,400 $165,200
2016 $7,995 $197,200 $57,400 $139,800
2015 -- $197,200 $57,400 $139,800
2011 -- $313,300 $108,000 $205,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 62069

APN: 83A3-1-269