Sold for $240,000

$240,000

23020 Banks Rd, Cape Charles, VA 23310

2beds

1,072sqft

Single Family Residence

Built in 1940

0.36 Acres Lot

$245,400 Zestimate^®

$224/sqft

$1,531 Estimated rent

Home value

$245,400

Estimated sales range

Not available

$1,531/mo

Zestimate^® history

Owner options

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$1,531/mo

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$1,531/mo

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$1,474/mo

Est. payment

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$1,474/mo

Est. payment

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What's special

Quiet neighborhoodDesigned for comfortOpen and refreshing designFilled with natural lightModern bathrooms

This beautifully renovated home is situated in a quiet neighborhood just a few miles from historic Cape Charles. The interior has been completely transformed, featuring an open and refreshing design that is tastefully furnished, filled with natural light, and designed for comfort. Currently, it operates as a highly successful Airbnb and is fully booked until Labor Day weekend. After that date, the home will be available, giving the new owner the option to either continue renting it out or use it as a primary residence. Conveniently located near boat ramps and providing easy access to Virginia Beach and Norfolk, this home is competitively priced. Modern bathrooms and kitchen and equipped with the whole home Culligan water filtration system.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Dining room

Features: Dining Area

Heating

Heat Pump

Cooling

Heat Pump, Central Air

Appliances

Included: Range, Microwave, Dishwasher, Refrigerator, Water Conditioner, Washer, Dryer, Electric Water Heater

Features

1st Floor Bedroom
Windows: Double Pane Windows
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,072
Total interior livable area: 1,072 sqft

Property

Parking

Parking features: No Garage, Natural Driveway
Has uncovered spaces: Yes

Features

Levels: Two
Patio & porch: Porch
Body of water: None

Lot

Size: 0.36 Acres
Dimensions: 0.36
Features: <.5 acre +/-

Details

Parcel number: 0091B0A00000048A

Construction

Type & style

Home type: SingleFamily
Architectural style: Eastern Shore Style
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Crawl Space
Roof: Composition

Condition

50-100 yrs +/-
New construction: No
Year built: 1940

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Cape Charles

Location

Region: Cape Charles

Financial & listing details

Price per square foot: $224/sqft
Tax assessed value: $133,300
Annual tax amount: $913
Date on market: 8/16/2025

Price history

Date	Event	Price
9/25/2025	Sold	$240,000-3.6%$224/sqft
Source: Eastern Shore AOR #64988 Report a problem
8/23/2025	Contingent	$249,000$232/sqft
Source: Eastern Shore AOR #64988 Report a problem
8/16/2025	Listed for sale	$249,000+453.3%$232/sqft
Source: Eastern Shore AOR #64988 Report a problem
7/18/2023	Sold	$45,000+4.9%$42/sqft
Source: Public Record Report a problem
6/21/2023	Pending sale	$42,900$40/sqft
Source: Eastern Shore AOR #57830 Report a problem
6/14/2023	Listed for sale	$42,900-4.7%$40/sqft
Source: Eastern Shore AOR #57830 Report a problem
2/23/2023	Listing removed	$45,000$42/sqft
Source: Eastern Shore AOR #56677 Report a problem
2/15/2023	Listed for sale	$45,000$42/sqft
Source: Eastern Shore AOR #56677 Report a problem
12/14/2022	Pending sale	$45,000$42/sqft
Source: Eastern Shore AOR #56677 Report a problem
10/8/2022	Listed for sale	$45,000$42/sqft
Source: Eastern Shore AOR #56677 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$913 +148.2%	$133,300 +175.4%
2023	$368	$48,400
2022	$368 -4%	$48,400 +5.4%
2021	$383	$45,900
2020	$383 -0.9%	$45,900 -1.5%
2019	$387	$46,600
2018	$387 -35.3%	$46,600
2017	$598 -1.6%	$46,600 +0.9%
2016	$608	$46,200
2015	$608	$46,200 -41.1%
2011	--	$78,400
2010	--	$78,400