NOT LISTED FOR SALE

616 Strawberry St Cape Charles, VA 23310

Estimated Value: $361,204 - $519,000

1 Bed
2 Baths
640 Sq Ft
$676/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $200,000 $312 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,492/month

169 Days on Market

Highlights

  • Water Access
  • Bayside
  • Wood Siding
  • Bay View
  • No HOA
  • 3-minute walk to Cape Charles Playground

About This Home

As of March 2021

Fixer upper on corner lot with water views and a short walk to the beach. This ranch cottage has been gutted and is ready to be renovated. Great opportunity to buy in very desirable location and renovate to buyer specifications. Property is sold " AS IS". There is also the option to demolish existing structure and rebuild. Seller has obtained the permit from the town of Cape Charles.

Last Agent to Sell the Property

Louisa Gazzolo

CHESAPEAKE PROPERTIES License #0225076916 Listed on: 09/14/2020

Last Buyer's Agent

Kimberley Starr

CHESAPEAKE PROPERTIES License #0225043630

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,381

Year Built

  • Built in 1990

Lot Details

  • 3,525 Sq Ft Lot
  • Lot Dimensions are 50.36 x 70

Parking

  • No Garage

Home Design

  • Fixer Upper
  • Wood Siding

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Bay Views
  • Crawl Space

Schools

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

Utilities

  • No Cooling
  • No Heating
  • No Water Heater

Additional Features

  • Water Access
  • Bayside

Community Details

  • No Home Owners Association
  • Cape Charles Incorp. Subdivision

Listing and Financial Details

  • Tax Lot A
  • $84,600 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,381

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0809
  • Lot Size: 50.36 x 70
  • Water Body Name: Chesapeake Bay
  • Subdivision Name: Cape Charles Incorp.
  • Directions: As you enter Cape Charles turn right on Fig St and go all the way down and turn left on Washington Ave. Property is on third block from beach on the left. Corner of Washington and Strawberry St.
  • Architectural Style: Ranch, Fixer Upper
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1990
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: No Water Heater, None
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: None
  • Living Area: 640
  • Dining Room Features: Other

Exterior Features

  • Lot Features: <.5 acre +/-
  • View: Water, Bay
  • View: Yes
  • Waterfront Features: Water Access-Public, Bayside, Access To Water
  • Construction Type: Wood Siding, See Remarks
  • Exterior Features: None
  • Foundation Details: Crawl Space
  • Property Condition: Fixer, 30-50 yrs +/-
  • Roof: Age Unknown

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

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
  • Middle Or Junior School: Northampton

Lot Info

  • Lot Size Sq Ft: 3525.2
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 170001904
  • Tax Lot: A
  • Tax Map Number: 83A1-9-A
  • Tax Other Annual Assessment Amount: 84600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Mar 2, 2021
Sold by
Darg David Stephenson and Darg Naomi Jayne
Bought by
Coburn Jessica Jones and Coburn Samuel Perry
Seller's Agent
Louisa Gazzolo
CHESAPEAKE PROPERTIES
Buyer's Agent
Kimberley Starr
CHESAPEAKE PROPERTIES
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Current Estimated Value
$432,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,801
Avg. Annual Appreciation
18.23%
Original Mortgage
$240,000
Outstanding Balance
$215,143
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$217,658

Purchase Details

Closed on
Jun 14, 2017
Sold by
Reverse Mortage Solutions Inc
Bought by
Darg David Stephenson and Darg Naomi Jayne
Source: Public Records

Range of Values:

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Average Value
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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
Coburn Jessica Jones $200,000 Attorney
Darg David Stephenson $90,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coburn Jessica Jones $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2021 03/09/21 Sold $200,000 -20.0% $313 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
09/16/2020 09/16/20 For Sale $250,000 -- $391 / 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 $2,381 $347,600 $182,400 $165,200
2023 $2,310 $303,900 $167,400 $136,500
2022 $2,073 $272,800 $167,400 $105,400
2021 $706 $84,600 $79,600 $5,000
2020 $706 $84,600 $79,600 $5,000
2019 $563 $67,800 $62,800 $5,000
2018 $563 $67,800 $62,800 $5,000
2017 $762 $67,800 $62,800 $5,000
2016 $564 $91,800 $57,400 $34,400
2015 -- $91,800 $57,400 $34,400
2011 -- $213,000 $158,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 52425

APN: 83A1-9-A