NOT LISTED FOR SALE

543 Monroe Ave Cape Charles, VA 23310

Estimated Value: $773,000 - $1,177,583

9 Beds
3 Baths
4,400 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $450,000 $102 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,546/month

217 Days on Market

Highlights

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

About This Home

As of June 2021

Fixer Upper - Great Opportunity to create your own Cape Charles haven! American four square brick duplex c.1920 located in historic Cape Charles, close to Main St. and town park. House features include new roof, windows, plumbing, right side unit has updated electric rewiring. Third floor belongs to the right unit and has 3 large rooms, with plumbed bath.10 ft. ceilings, lots of original architectural molding, carved ornate mantel, nice entry way on both sides, 2 sets of 5 panel pocket doors, original hardwood floors, basements on both sides, and full width front porch. Located on wide tree lined avenue. Back yard has plenty of room with alley access, for additional parking or boat. All building materials currently in the home convey. Sq. ft., room sizes and age are all approximate.

Last Agent to Sell the Property

Heather Brady

BLUE HERON REALTY CO. License #0225177735 Listed on: 10/10/2020

Last Buyer's Agent

Rudy Martin

BLUE HERON REALTY CO. License #0225240792

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,916

Year Built

  • Built in 1920

Lot Details

  • 8,100 Sq Ft Lot
  • Lot Dimensions are 60' x 135'
  • Historic Home

Home Design

  • Duplex
  • Brick Veneer
  • Composition Roof
  • Plaster

Interior Spaces

  • 4,400 Sq Ft Home
  • 3-Story Property
  • Sheet Rock Walls or Ceilings
  • Double Pane Windows
  • Dining Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • No Garage
  • Driveway
  • Open Parking

Outdoor Features

  • Water Access
  • Porch

Location

  • Bayside

Schools

  • Kiptopeke Elementary School
  • Northampton High School

Utilities

  • No Cooling
  • No Heating
  • No Water Heater

Community Details

  • No Home Owners Association
  • Cape Charles Incorp. Subdivision

Listing and Financial Details

  • Tax Lot 258
  • $307,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,916

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Duplex,Multi Family,Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.186
  • Lot Size: 60' x 135'
  • Water Body Name: Chesapeake Bay
  • Subdivision Name: Cape Charles Incorp.
  • Directions: Fig St. to left on Monroe Ave., duplex is located just pasted Nectarine St. on your right.
  • Architectural Style: Duplex, Historical
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Structure Type: Duplex, Historical
  • Year Built: 1920
  • Kitchen Level: First
  • RoomBedroom1Level: Second
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: No Water Heater, None
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: None
  • Living Area: 4400
  • Window Features: Double Pane Windows
  • Room Bedroom2 Level: Second
  • Room Bedroom4 Area: 348.0278
  • Dining Room Features: Eat-in Kitchen, Dining Room
  • Room Bedroom4 Level: Third
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom3 Area: 90
  • Room Bedroom2 Area: 211.3125
  • Room Living Room Area: 178.5764
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 176.3333
  • Room Family Room Area: 261.3611

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: Water Access-Public, Bayside, Access To Water
  • Construction Type: Brick Veneer, Sheetrock, Plaster
  • Foundation Details: Basement
  • Patio And Porch Features: Porch
  • Property Condition: 100 yrs +/-
  • Roof: Composition, Age 0-9 yrs +/-

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Natural Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Kiptopeke
  • High School: Northampton

Lot Info

  • Lot Size Sq Ft: 8100
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3916
  • Tax Book Number: 010002937
  • Tax Lot: 258
  • Tax Map Number: 83A3-1-258
  • Tax Other Annual Assessment Amount: 307000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
May 26, 2021
Sold by
Morton Titus A
Bought by
Madison Bay Llc
Seller's Agent
Heather Brady
BLUE HERON REALTY CO.
Buyer's Agent
Rudy Martin
BLUE HERON REALTY CO.
List Price
$699,000
Sold Price
$450,000
Premium/Discount to List
-$249,000
-35.62%
Current Estimated Value
$951,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,396
Avg. Annual Appreciation
18.50%
Original Mortgage
$502,500
Outstanding Balance
$433,126
Interest Rate
4.99%
Mortgage Type
Commercial
Estimated Equity
$518,270
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
Madison Bay Llc $450,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Bay Llc $502,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $450,000 -35.6% $102 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
10/14/2020 10/14/20 For Sale $699,000 -- $159 / 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 $6,787 $990,800 $238,500 $752,300
2023 $6,614 $870,300 $218,600 $651,700
2022 $3,938 $518,200 $218,600 $299,600
2021 $2,568 $307,600 $104,400 $203,200
2020 $2,568 $307,600 $104,400 $203,200
2019 $2,375 $286,100 $81,400 $204,700
2018 $2,375 $286,100 $81,400 $204,700
2017 $1,583 $286,100 $81,400 $204,700
2016 $2,272 $273,700 $64,400 $209,300
2015 -- $273,700 $64,400 $209,300
2011 -- $433,700 $183,000 $250,700
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Heather Brady

    BLUE HERON REALTY CO.

    (757) 678-5200

    50 in this area

    126 Total Sales

    Heather Brady
    Section Image

  • R

    Buyer's Agent in 2021

    Rudy Martin

    BLUE HERON REALTY CO.

    (703) 408-5445

    26 in this area

    34 Total Sales

    Rudy Martin
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 52622

APN: 83A3-1-258

Virginia Northampton County Cape Charles 23310

543 Monroe Ave, Cape Charles, VA

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