NOT LISTED FOR SALE

524 Peach St Cape Charles, VA 23310

Estimated Value: $735,000 - $925,000

4 Beds
2 Baths
1,792 Sq Ft
$439/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $187,500 $105 Per Sq Ft

Est. 319% increase in value since last sale

Current estimated payment $4,512/month

117 Days on Market

Highlights

  • Water Access
  • No HOA
  • Storm Windows
  • Wood Flooring
  • Porch
  • 2-minute walk to Cape Charles Historic District

About This Home

As of August 2019

Location! Location ! This Duplex Fixer-Upper is just three block to the Cape Charles Beachfront. A block to the town's central park to enjoy live music and concerts in the summer, tennis courts and a playground for the children. With TLC this duplex would be perfect for vacation rentals.Rent one unit and enjoy your vacation in the other unit. Located in the heart of the historic town, where you may ride your golf cart to dining, shopping, two world class golf courses and the wonderful Cape Charles beach. Peach Street has been complexity updated new lighting and recently paved. Property being sold "As Is".

Last Agent to Sell the Property

Gerry Forbes

BLUE HERON REALTY CO. License #0225097742 Listed on: 03/29/2019

Last Buyer's Agent

Kimberley Starr

CHESAPEAKE PROPERTIES License #0225043630

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,753

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Duplex
  • Fixer Upper
  • Block Foundation
  • Composition Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Bar
  • Sheet Rock Walls or Ceilings
  • Double Pane Windows
  • Combination Dining and Living Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Water Access
  • Porch

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cape Charles Incorp. Subdivision

Listing and Financial Details

  • Tax Lot 180C
  • $117,200 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,753

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Duplex,Multi Family,Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Lot Size: 0.07
  • Subdivision Name: Cape Charles Incorp.
  • Directions: Stone Road west into Cape Charles right on Fig Street and left on Madison Ave. then right on Peach Street.
  • Architectural Style: Duplex, Fixer Upper
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1930
  • Kitchen Level: First
  • RoomBedroom1Level: Second
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Other
  • Living Area: 1792
  • Window Features: Double Pane Windows, Storm Window(s)
  • Room Bedroom2 Level: Second
  • Room Bedroom4 Area: 132
  • Dining Room Features: Bar, Living Room Combo
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 140
  • Room Bedroom2 Area: 132
  • Room Living Room Area: 143
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 84

Exterior Features

  • Lot Features: .5-.9 acre +/-
  • Waterfront Features: Water Access-Public
  • Waterfront: No
  • Disclosures: Lead Paint Disclosure
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Property Condition: Fixer, 30-50 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: 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: 3049.2
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: LR18 196
  • Tax Lot: 180C
  • Tax Map Number: 83A1-1-180C
  • Tax Other Annual Assessment Amount: 117200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2024
Sold by
Tsapatsaris William C and Deal Tracey C
Bought by
Peach Life Properties Llc
Current Estimated Value
$786,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,650
Outstanding Balance
$604,750
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$181,749

Purchase Details

Closed on
Oct 5, 2020
Sold by
Eatherly John D and Sabo Beth Ann
Bought by
Deal Tracey C and Tsapatsaris William C

Purchase Details

Listed on
Oct 31, 2017
Closed on
Jan 18, 2018
Sold by
403 Northampton Llc A Pennsylvania Limit
Bought by
Soaper Justin and Goelz Krista
Buyer's Agent
Gerry Forbes
BLUE HERON REALTY CO.
List Price
$145,000
Sold Price
$143,500
Premium/Discount to List
-$1,500
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.58%
Original Mortgage
$107,625
Interest Rate
3.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Peach Life Properties Llc $879,500 Fidelity National Title
Deal Tracey C $250,000 A&N Title & Settlement
Soaper Justin $143,500 Rgs Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peach Life Properties Llc $615,650
Previous Owner Soaper Justin $107,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2019 08/01/19 Sold $187,500 0.0% $105 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $187,500 +30.7% $105 / Sq Ft
02/02/2018 02/02/18 Sold $143,500 -1.0% $99 / Sq Ft View Prior Sale
02/01/2018 02/01/18 Pending -- -- --
11/02/2017 11/02/17 For Sale $145,000 -- $100 / 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 $4,753 $693,800 $156,900 $536,900
2023 $4,520 $594,700 $144,200 $450,500
2022 $2,617 $344,300 $144,200 $200,100
2021 $1,561 $186,900 $54,800 $132,100
2020 $1,561 $186,900 $54,800 $132,100
2019 $973 $117,200 $44,200 $73,000
2018 $973 $117,200 $44,200 $73,000
2017 $1,025 $117,200 $44,200 $73,000
2016 $1,025 $123,500 $37,400 $86,100
2015 -- $123,500 $37,400 $86,100
2011 -- $225,900 $108,000 $117,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 49487

APN: 83A1-1-180C