NOT LISTED FOR SALE

554 Madison Ave Cape Charles, VA 23310

Estimated Value: $818,498

3 Beds
2.5 Baths
2,008 Sq Ft
$408/Sq Ft Est. Value

Sale Details

Date Sold: July 20, 2023

Last sale price $729,000 $363 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,755 / mo

95 Days on Market

Highlights

  • Water Access
  • Deck
  • Wood Flooring
  • Bayside
  • Contemporary Architecture
  • 2-minute walk to Cape Charles Historic District

About This Home

As of July 2023

EXCEPTIONAL TURNKEY HOME IN THE HEART OF HISTORIC CAPE CHARLES. This Beach home offers all the Bells & Whistles. Complete remodel in 2015 provided a Bright and Airy openness throughout, making this feel much larger then 2008SF. If up-to-date design & decor, low to no maintenance, relaxation, entertaining, move in ready & fully furnished or vacation rentals is your thing then look no further! Many improvements and upgrades since 2016 made this home truly comfortable inside and out. Outside provides wrap-around porch, wrap around balcony, open deck both w/ retractable awnings, master gardener landscape providing year-round curb appeal, perfectly nestled on a spacious corner lot. Beautifully appointed, fully furnished immaculate home. Start enjoying your Cape Charles lifestyle tomorrow!

Last Agent to Sell the Property

Barrett Cree

BLUE HERON REALTY CO. Brokerage Phone: 7576785200 License #0225226528 Listed on: 04/14/2023

Last Buyer's Agent

Keith Bohler Dodson

CHESAPEAKE PROPERTIES License #0225223535

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 2,800 Sq Ft Lot
  • Lot Dimensions are 40 x 70

Home Design

  • Contemporary Architecture
  • Beach House
  • Brick Foundation
  • Composition Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 2,008 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • No Garage
  • Open Parking

Outdoor Features

  • Water Access
  • Deck
  • Shed
  • Porch

Location

  • Bayside

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cape Charles Incorp. Subdivision

Listing and Financial Details

  • Tax Lot 253A
  • $536,900 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

2,800 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0643
  • Lot Size: 40 x 70
  • Road Surface Type: Paved
  • Water Body Name: Chesapeake Bay
  • Subdivision Name: Cape Charles Incorp.
  • Directions: Route 13 to Stone Road to Randolph Ave. turn right on Bay Ave. right on Madison Ave property will be down on the right on the corner of Madison and Nectarine.
  • Architectural Style: Contemporary, Beach House
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Entry Location: -
  • Fireplace Features: One Fireplace, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Hardwood
  • Interior Amenities: Walk-In Closet(s), Dining Room
  • Living Area: 2008
  • Window Features: Window Treatments, Double Pane Windows
  • Dining Room Features: Breakfast Area, Eat-in Kitchen, Dining Room, Other

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: Water Access-Public, Bayside, Access To Water
  • Disclosures: Lead Paint Disclosure
  • Construction Type: Vinyl Siding, Sheetrock
  • Exterior Features: Other
  • Foundation Details: Crawl Space, Brick/Mortar
  • Other Structures: Shed/Barn
  • Patio And Porch Features: Deck, Porch
  • Property Condition: 100 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Other, Paved

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump, Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air
  • 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: 2800
  • Farm Land Area Units: Square Feet

Tax Info

  • Tax Book Number: 160000543
  • Tax Lot: 253A
  • Tax Map Number: 83A3-1-253A
  • Tax Other Annual Assessment Amount: 536900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jul 18, 2023
Sold by
Gomez Gary M and Gomez Lisa T
Bought by
Dailey Ronnie R and Dailey Diann J
Seller's Agent
Barrett Cree
BLUE HERON REALTY CO.
Buyer's Agent
Keith Bohler Dodson
CHESAPEAKE PROPERTIES
List Price
$779,000
Sold Price
$729,000
Premium/Discount to List
-$50,000
-6.42%
Views
387
Current Estimated Value
$818,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,498
Avg. Annual Appreciation
4.22%
Original Mortgage
$350,000
Outstanding Balance
$339,751
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$478,747

Purchase Details

Closed on
Mar 21, 2016
Sold by
Baines William T and Baines Sandra J
Bought by
Gomez Gary M and Gomez Lisa T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records
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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
Dailey Ronnie R $729,000 Shore Title
Gomez Gary M $290,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dailey Ronnie R $350,000
Previous Owner Gomez Gary M $246,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2023 07/20/23 Sold $729,000 0.0% $363 / Sq Ft
05/09/2023 05/09/23 Price Changed $729,000 -6.4% $363 / Sq Ft
04/14/2023 04/14/23 For Sale $779,000 -- $388 / 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
2025 $4,996 $708,700 $162,000 $546,700
2024 $4,855 $708,700 $162,000 $546,700
2023 $4,080 $536,900 $148,800 $388,100
2022 $4,080 $536,900 $148,800 $388,100
2021 $3,069 $367,500 $78,800 $288,700
2020 $3,069 $367,500 $78,800 $288,700
2019 $2,639 $317,900 $62,200 $255,700
2018 $0 $317,900 $62,200 $255,700
2017 $1,835 $317,900 $62,200 $255,700
2016 $134 $221,100 $48,400 $172,700
2015 -- $221,100 $48,400 $172,700
2011 -- $283,300 $108,000 $175,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Barrett Cree

    BLUE HERON REALTY CO.

    (757) 442-0808

    59 in this area

    74 Total Sales

    Barrett Cree
    Section Image

  • K

    Buyer's Agent in 2023

    Keith Bohler Dodson

    CHESAPEAKE PROPERTIES

    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 57478

APN: 83A3-1-253A

Virginia Northampton County Cape Charles 23310

554 Madison Ave, Cape Charles, VA

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