Property Description

Lots 1030 and 1031 in Section 1

Captain’s Cove Development 

Greenbackville, VA 23356

Lot Size: 9000 sq ft each

Deed Book 285, page 94, Plat 15/83

 

Taxes (county)

1030=$1244 includes lot, house and bulkhead

1031=$331 includes lot and bulkhead

 

Community Dues     

$728 per lot per year

 

Quarterly water and sewer

Lot 1030 $42.00 ($14 per month)

Lot 1031 $20.70 ($6.90 per month)

 

Electricity Costs for 2007

1/1/07 to 12/31/07=$1142.63

(or average monthly cost $95.22)

Note: Delmarva Power, an investor owned utility, has just sold its interest in the area to the member owned A & N Electric Cooperative. Electricity costs will not go down in the future but the history of Electric Cooperatives shows that they will not escalate as quickly as the rates of other utilities.

 

Propane Costs for 2007

1/1/07 to 12/31/07 = Total: $475.86

(or average monthly cost $39.66)

Based on annual usage of 176.9 gal x $2.69per gallon

 

County Assessed Value

Lot 1030 - $420,100

Land $225,000 / House & Improvements $195,100

 

Lot 1031 - $231,000

Land $225,000 / Bulkhead Improvement $6,000

 

Sale Price

$439,500