NOT LISTED FOR SALE

548 Madison Ave Cape Charles, VA 23310

Estimated Value: $777,000 - $847,000

3 Beds
2 Baths
1,720 Sq Ft
$473/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $750,000 $436 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,639/month

46 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Great Room
  • Beach House
  • 1 Fireplace
  • 2-minute walk to Cape Charles Historic District

About This Home

As of September 2022

This 3 bedroom 2 bath Cape Charles classic is nestled in the heart of the historic district as the personal home of one of the country's leading fine leisure living designer.With successful experience feature on the national stage & prominent publication like Architectural Digest, the owner brought his expertise & sensibilities to the gem of a home. Finely finished with an expertly crafted garden patio, this property is everything you would want to add to your life to be comfortable putting your feet up or entertaining special guests. Costume build kitchen with Italian imported glass doors, soap stone countertops, high end appliances, original hardwood floors, handcrafted build-ins, relaxing screened in back porch, a separated cottage with a golf cart garage & FULLY FURNISHED.

Last Agent to Sell the Property

Eva Noonan

CHESAPEAKE PROPERTIES License #0225055801 Listed on: 05/31/2022

Last Buyer's Agent

Eva Noonan

CHESAPEAKE PROPERTIES License #0225055801 Listed on: 05/31/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 5,400 Sq Ft Lot
  • Lot Dimensions are 40 x 135
  • Fenced
  • Historic Home

Parking

  • Detached Garage

Home Design

  • Beach House
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 1,720 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • 1 Fireplace
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Dining Room
  • Screened Porch
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cape Charles Incorp. Subdivision

Listing and Financial Details

  • Tax Lot 257
  • $436,100 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1930

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: take 184 to Cape Charles, right on Fig street, left on Madison Ave.
  • Architectural Style: Historical, Beach House
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Historical
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Washer, Oven, Disposal, Dryer, Surface Units, Refrigerator, Microwave, Range Hood, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Entry Location: -
  • Fireplace Features: One Fireplace
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Hardwood
  • Interior Amenities: Great Room, Dining Room
  • Living Area: 1720
  • Window Features: Window Treatments, Double Pane Windows
  • Dining Room Features: Dining Room

Exterior Features

  • Fencing: Fenced
  • Lot Features: <.5 acre +/-
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: HardiPlank Type, Sheetrock
  • Exterior Features: Lighting
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck, Screened, Porch, Patio
  • Property Condition: 50-100 yrs +/-
  • Roof: Composition

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5400
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 050003811
  • Tax Lot: 257
  • Tax Map Number: 83A3-1-257
  • Tax Other Annual Assessment Amount: 436100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Sep 16, 2022
Sold by
Elton Steven F
Bought by
Joel M Suen Revocable Trust and Brittney A Pagone Revocable Trust
Seller's Agent
Eva Noonan
CHESAPEAKE PROPERTIES
Buyer's Agent
Eva Noonan
CHESAPEAKE PROPERTIES
List Price
$795,000
Sold Price
$750,000
Premium/Discount to List
-$45,000
-5.66%
Current Estimated Value
$813,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,628
Avg. Annual Appreciation
2.45%
Original Mortgage
$562,500
Outstanding Balance
$537,273
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$276,355

Purchase Details

Closed on
Jul 7, 2022
Sold by
Elton Steven F and Elton Miriam A
Bought by
Elton Steven F
Source: Public Records
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 Buyer Sale Price Title Company
Joel M Suen Revocable Trust $750,000 None Listed On Document
Elton Steven F -- A&N Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joel M Suen Revocable Trust $562,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2022 09/15/22 Sold $750,000 -5.7% $436 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $795,000 -- $462 / Sq Ft
Source: Eastern Shore Association of REALTORS®

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 $4,863 $709,900 $182,400 $527,500
2023 $3,314 $436,100 $167,400 $268,700
2022 $3,314 $436,100 $167,400 $268,700
2021 $2,233 $267,400 $92,400 $175,000
2020 $2,233 $267,400 $92,400 $175,000
2019 $2,025 $244,000 $72,400 $171,600
2018 $2,025 $244,000 $72,400 $171,600
2017 $1,604 $244,000 $72,400 $171,600
2016 $188 $193,300 $57,400 $135,900
2015 -- $193,300 $57,400 $135,900
2011 -- $271,300 $108,000 $163,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 55989

APN: 83A3-1-257