NOT LISTED FOR SALE

524 Madison Ave Cape Charles, VA 23310

Estimated Value: $647,000 - $829,961

3 Beds
2.5 Baths
1,516 Sq Ft
$487/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $727,000 $480 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,409/month

22 Days on Market

Highlights

  • Bayside
  • No HOA
  • Detached Garage
  • Beach House
  • Separate Outdoor Workshop
  • 1-minute walk to Cape Charles Historic District

About This Home

As of May 2023

A few short blocks to the beach on Madison Ave! This coastal craftsman built in 2019 is a rare opportunity to own newer construction in Cape Charles Historic District! Only a half block from Central park for the summer concert series and a short stroll to your town favorite restaurants, shops, theater and distillery. This open plan features 3 bedrooms, 2.5 baths, a cozy front porch to greet neighbors over morning coffee or wind down with a glass on the back screened-in deck. The spacious fenced backyard has a 220 sq ft fully wired workshop or studio which could also be a great space to host outdoor events from, with a covered patio for family meals, grilling, games or even golf cart parking. It's a perfect place for entertaining friends and the pups. Ally access with off street parking.

Last Agent to Sell the Property

Shaun Sterling

LONG & FOSTER Cape Charles Brokerage Phone: 7573312500 License #0225226559 Listed on: 03/29/2023

LONG & FOSTER Cape Charles

Co-Listed By

Lorrie Marro

LONG & FOSTER Cape Charles Brokerage Phone: 7573312500 License #0225256538

Last Buyer's Agent

Rudy Martin

BLUE HERON REALTY CO. License #0225240792

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,977

Year Built

  • Built in 2019

Lot Details

  • 5,227

Parking

  • Detached Garage

Home Design

  • Beach House
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,516 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • 5,227 Sq Ft Lot
  • Bayside

Community Details

  • No Home Owners Association
  • Cape Charles Subdivision

Listing and Financial Details

  • Tax Lot 265
  • $514,700 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,977

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: .12 Acres
  • Co List Office Phone: 757-331-2500
  • Subdivision Name: Cape Charles
  • Directions: Heading south on RT13/Lankford HWY, make a right onto Stone Road, then a right onto Fig Street, a left onto Madison, house will be on the left.
  • Architectural Style: Beach House
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2019
  • Kitchen Level: First
  • RoomBedroom1Level: Second
  • Attribution Contact: 7573312500
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: First
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Interior Amenities: Other
  • Living Area: 1516
  • Window Features: Window Treatments
  • Room Bedroom2 Level: Second
  • Dining Room Features: Eat-in Kitchen, Dining Area
  • Room Family Room Level: First
  • Room Bedroom3 Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: Bayside, Other-See Remarks
  • Waterfront: No
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Crawl Space, Block
  • Other Structures: Shed/Barn, Workshop
  • Patio And Porch Features: Enclosed
  • Property Condition: 1-5 yrs +/-
  • Roof: Composition, Age 0-9 yrs +/-

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Other

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Farm Land Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3977
  • Tax Book Number: LR18 1236
  • Tax Lot: 265
  • Tax Map Number: 83A3-1-265
  • Tax Other Annual Assessment Amount: 514700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 3, 2023
Sold by
Jackson David Joseph and Jackson Stefanie Lee
Bought by
Mangee Gary and Mangee Jamie Lynn
Seller's Agent
Shaun Sterling
LONG & FOSTER Cape Charles
Buyer's Agent
Rudy Martin
BLUE HERON REALTY CO.
List Price
$727,000
Sold Price
$727,000
Views
71
Current Estimated Value
$738,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,481
Avg. Annual Appreciation
-0.11%
Original Mortgage
$654,000
Outstanding Balance
$639,345
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$85,731

Purchase Details

Closed on
Aug 21, 2018
Sold by
Cox Evan D and Cox Vanessa M
Bought by
Paige Stefanie Lee and Jackson David Joseph
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
Mangee Gary $727,000 None Listed On Document
Paige Stefanie Lee $80,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangee Gary $654,000
Previous Owner Jackson David Joseph $450,000
Previous Owner Jackson David Joseph $378,400
Previous Owner Paige Stefanie Lee $309,300
Previous Owner Paige Stefanie Lee $259,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $727,000 0.0% $480 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $727,000 -- $480 / 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 $4,633 $676,400 $182,400 $494,000
2023 $3,912 $514,700 $167,400 $347,300
2022 $3,912 $514,700 $167,400 $347,300
2021 $2,698 $323,100 $92,400 $230,700
2020 $2,698 $323,100 $92,400 $230,700
2019 $498 $60,000 $60,000 $0
2018 $498 $60,000 $60,000 $0
2017 $374 $60,000 $60,000 $0
2016 $374 $45,000 $45,000 $0
2015 -- $45,000 $45,000 $0
2011 -- $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 57377

APN: 83A3-1-265