NOT LISTED FOR SALE

537 Jefferson Ave Unit 31 Cape Charles, VA 23310

Estimated Value: $199,000

0.13 Acre
$1,542,636 Price per Acre
5,619 Sq Ft Lot

Last Sold April 26, 2023

Last sale price $169,900

Est. 17% increase in value since last sale

Current estimated payment $1,144/month

1 Day on Market

Highlights

  • Water Access
  • No HOA
  • 4-minute walk to Cape Charles Historic District
  • Bayside
  • Level Lot

About This Lot

As of April 2023

RARE FIND! Full size building lot on Jefferson (40 x 140). 5 blocks to the beach! Water/sewer fees are additional expense. House plans must be approved by Historical Review Committee in Cape Charles.

Last Agent to Sell the Property

Kimberley Starr

CHESAPEAKE PROPERTIES Brokerage Phone: 7573318100 License #0225043630 Listed on: 03/16/2023

Last Buyer's Agent

Betty Ann Latimer, Gri, Abr

LONG & FOSTER Cape Charles License #0225053294

LONG & FOSTER Cape Charles

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,165

Lot Details

  • 5,619 Sq Ft Lot
  • Lot Dimensions are 40 x 140
  • Level Lot

Location

  • Bayside

Listing and Financial Details

  • Tax Lot 31
  • $92,800 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Cape Charles Incorp. Subdivision

Recreation

  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,165

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.129
  • Lot Size: 40 x 140
  • Water Body Name: Chesapeake Bay
  • Subdivision Name: Cape Charles Incorp.
  • Directions: Cape Charles..come into town on Randolph Ave turn right on Nectarine. Lot is one in from corner of Nectarine and Jefferson
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: <.5 acre +/-
  • Topography: Level
  • Waterfront Features: Water Access-Public, Bayside, Access To Water
  • Other Structures: None

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5619.24
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential

Tax Info

  • Tax Book Number: LR20/999
  • Tax Lot: 31
  • Tax Map Number: 83A1-1-31
  • Tax Other Annual Assessment Amount: 92800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 21, 2023
Sold by
Blanchard James P
Bought by
Wilmington Lots Llc
Seller's Agent
Kimberley Starr
CHESAPEAKE PROPERTIES
Buyer's Agent
Betty Ann Latimer, Gri, Abr
LONG & FOSTER Cape Charles
List Price
$169,900
Sold Price
$169,900
Views
38
Current Estimated Value
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,100
Avg. Annual Appreciation
6.50%

Purchase Details

Listed on
Jan 16, 2020
Closed on
Jun 17, 2020
Sold by
Mlt Enterprises Llc
Bought by
Blanchard James P
Seller's Agent
Kimberley Starr
CHESAPEAKE PROPERTIES
Buyer's Agent
Kimberley Starr
CHESAPEAKE PROPERTIES
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.48%
Original Mortgage
$82,500
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 11, 2017
Closed on
Nov 13, 2017
Sold by
Ice Plant Construction Corp A Virginia C
Bought by
Mlt Enterprises Llc A Virginia Limited L
Seller's Agent
Kimberley Starr
CHESAPEAKE PROPERTIES
Buyer's Agent
Kimberley Starr
CHESAPEAKE PROPERTIES
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.01%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Wilmington Lots Llc $169,900 None Listed On Document
Blanchard James P $110,000 Attorney
Mlt Enterprises Llc A Virginia Limited L $40,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blanchard James P $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2023 04/26/23 Sold $169,900 0.0% --
03/18/2023 03/18/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $169,900 +54.5% --
06/19/2020 06/19/20 Sold $110,000 0.0% -- View Prior Sale
05/23/2020 05/23/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $110,000 +175.0% --
11/20/2017 11/20/17 Sold $40,000 -11.1% -- View Prior Sale
10/26/2017 10/26/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $45,000 -- --
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 $1,165 $170,000 $170,000 $0
2023 $1,178 $155,000 $155,000 $0
2022 $1,178 $155,000 $155,000 $0
2021 $775 $92,800 $92,800 $0
2020 $775 $92,800 $92,800 $0
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

  • Kimberley Starr

    Seller's Agent in 2023

    Kimberley Starr

    CHESAPEAKE PROPERTIES

    (757) 635-0711

    213 in this area

    236 Total Sales

    Kimberley Starr
    Section Image

  • B

    Buyer's Agent in 2023

    Betty Ann Latimer, Gri, Abr

    LONG & FOSTER Cape Charles

    (757) 615-2683

    35 in this area

    62 Total Sales

    Betty Ann Latimer, Gri, Abr
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 57320

APN: 83A1-1-31

Virginia Northampton County Cape Charles 23310

537 Jefferson Ave Unit 31, Cape Charles, VA

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