NOT LISTED FOR SALE

2383 Main St Unit 5 Chincoteague Island, VA 23336

0.92 Acre
-- Price per Acre
40,001 Sq Ft Lot

Last Sold November 18, 2021

Last sale price $334,000

58 Days on Market

Highlights

  • Sea Front
  • Bay View
  • No HOA
  • Water Access
  • 0.92 Acre Lot
  • Level Lot

About This Lot

As of November 2021

Location location ! 100 feet of waterfront on the Chincoteague Channel build your home and have your business all while watching the sunset! This commercial water front property offers many possibilities from multifamily units to boat rentals. Just under a acre with existing three bedroom septic. Priced under tax assessment. Don't let this opportunity pass you by!

Last Agent to Sell the Property

Gladys Baczek

COLDWELL BANKER HARBOUR REALTY License #0225154451 Listed on: 09/17/2021

COLDWELL BANKER HARBOUR REALTY

Last Buyer's Agent

Angie Abell

BEACH BAY REALTY, LLC License #0225042782

Property Details

Property Type

  • Land

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 100 x 400
  • Sea Front
  • Property fronts a highway
  • Level Lot

Property Views

  • Bay Views

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • $455,000 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Chincoteague Subdivision

Recreation

  • Water Access
  • Seawall

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.9183
  • Lot Size: 100 x 400
  • Road Frontage Type: Highway
  • Water Body Name: Chincoteague Channel
  • Subdivision Name: Chincoteague
  • Directions: Turn right onto Main Street going south past Captain Bob's
  • Special Features: None

Interior Features

  • Possible Use: Residential, Multi-Use, Business, Commercial

Exterior Features

  • Lot Features: .5-.9 acre +/-
  • Topography: Level
  • View: Water, Bay
  • View: Yes
  • Waterfront Features: Water Front, Seaside, Water Access, Other-See Remarks, Waterfront, Seawall
  • Waterfront: Yes
  • Other Structures: None

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Cable Available, Water Available

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Size Sq Ft: 40000
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 2011 00889
  • Tax Lot: 5
  • Tax Map Number: 45-A-5
  • Tax Other Annual Assessment Amount: 455000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
Bundick Brent E
Bought by
Bic Contruction Inc

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 3, 2021
Sold by
Robbins Joan M
Bought by
Bundick Brent Eldon
Seller's Agent
Gladys Baczek
COLDWELL BANKER HARBOUR REALTY
Buyer's Agent
Angie Abell
BEACH BAY REALTY, LLC
List Price
$359,000
Sold Price
$334,000
Premium/Discount to List
-$25,000
-6.96%

Purchase Details

Closed on
Mar 7, 2011
Bought by
Robbins Joan M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bic Contruction Inc $555,000 --
Bundick Brent Eldon $334,000 --
Robbins Joan M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2021 11/18/21 Sold $334,000 -7.0% --
11/18/2021 11/18/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $359,000 -- --
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
2025 $1,545 $403,300 $388,600 $14,700
2024 $1,508 $393,600 $388,600 $5,000
2023 $2,116 $455,000 $450,000 $5,000
2022 $2,116 $455,000 $450,000 $5,000
2021 $2,184 $455,000 $450,000 $5,000
2020 $2,184 $455,000 $450,000 $5,000
2019 $2,184 $455,000 $450,000 $5,000
2018 $2,423 $504,700 $450,000 $54,700
2017 $2,473 $504,700 $450,000 $54,700
2016 $2,473 $504,700 $450,000 $54,700
2015 $2,473 $504,700 $450,000 $54,700
2014 $2,473 $504,700 $450,000 $54,700
2013 -- $507,900 $450,000 $57,900
Source: Public Records

Agents Affiliated with this Home

  • Gladys Baczek

    Seller's Agent in 2021

    Gladys Baczek

    COLDWELL BANKER HARBOUR REALTY

    (757) 894-0098

    33 in this area

    38 Total Sales

    Gladys Baczek
    Section Image
  • Angie Abell

    Buyer's Agent in 2021

    Angie Abell

    BEACH BAY REALTY, LLC

    (757) 710-1598

    193 in this area

    268 Total Sales

    Angie Abell
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 54615

APN: 04500A000000500

Virginia Accomack County Chincoteague Island 23336

2383 Main St Unit 5, Chincoteague Island, VA

Not Listed for Sale

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