NOT LISTED FOR SALE

3043 Ridge Rd Chincoteague Island, VA 23336

Estimated Value: $337,000 - $397,000

2 Beds
2.5 Baths
1,088 Sq Ft
$336/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $170,000 $156 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,067/month

81 Days on Market

Highlights

  • Water Views
  • Home fronts a creek
  • Cooling Available
  • Pier or Dock
  • Wood Flooring
  • Dining Area

About This Home

As of October 2018

Creek front townhome located just feet away from the Beebe Ranch! This home is light, bright and makes you feel happy when entering. The home is being sold furnished and turn key. This townhome has had one owner and has been meticulously maintained. Enjoy evenings watching the sunset on the back porch or launch a kayak and paddle down the creek. Enjoy days crabbing off the community pier or launch your boat from Curtis Merritt Harbor which is just a few short minutes away. This unit has been a vacation rental since day one and has an established a rental base. The rental name is Snow Goose. This is a perfect home away from home or vacation rental! Also, this could make the best first home or a wonderful place to down size!

Last Agent to Sell the Property

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807 Listed on: 07/07/2018

LONG & FOSTER CHINCOTEAGUE

Last Buyer's Agent

Shawn Jennings

COLDWELL BANKER HARBOUR REALTY License #0225077517

COLDWELL BANKER HARBOUR REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $950

Year Built

  • Built in 1998

Lot Details

  • Home fronts a creek

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,088 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Dining Area
  • Water Views
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Chincoteague Elementary School
  • Chincoteague Combined Middle School
  • Chincoteague High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Shared Septic

Listing and Financial Details

  • Tax Lot 2
  • $169,600 per year additional tax assessments

Community Details

Overview

  • Chincoteague Subdivision

Recreation

  • Pier or Dock

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$950

Year Built

Built in 1998

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Townhouse,Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 0
  • Water Body Name: Creek
  • Subdivision Name: Chincoteague
  • Directions: From the bridge turn right on Main. Turn left on Church. Right on Ridge. Follow all the way down. Home is on the right. The second unit
  • Architectural Style: Townhouse
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1998
  • Kitchen Level: First
  • RoomBedroom1Level: Second
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Dishwasher, Washer, Microwave, Refrigerator, Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: 0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Living Area: 1088
  • Room Bedroom2 Level: Second
  • Dining Room Features: Dining Area
  • Living Room Living Room Level: First
  • Room Bedroom2 Area: 130
  • Room Living Room Area: 169
  • Room Kitchen Area: 120

Exterior Features

  • Lot Features: <.5 acre +/-
  • View: Water
  • View: Yes
  • Waterfront Features: Creek Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Sheetrock
  • Exterior Features: Pier/Dock
  • Foundation Details: Crawl Space
  • Property Condition: 15-30 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Shared Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Amenities
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Chincoteague
  • High School: Chincoteague
  • Middle Or Junior School: Chincoteague Combined

Lot Info

  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 949.76
  • Tax Book Number: 2010 03873
  • Tax Lot: 2
  • Tax Map Number: 30A1-18-2
  • Tax Other Annual Assessment Amount: 169600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2018
Closed on
Oct 2, 2018
Sold by
Bonk B L & D J L Tr
Bought by
Cornelius Mccauley A and Cornelius Mcmahon
Seller's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
Buyer's Agent
Shawn Jennings
COLDWELL BANKER HARBOUR REALTY
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$365,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,525
Avg. Annual Appreciation
11.25%
Original Mortgage
$90,000
Outstanding Balance
$55,899
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$309,626
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cornelius Mccauley A $170,000 A & N Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelius Mccauley A $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Sold $170,000 0.0% $156 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
07/07/2018 07/07/18 For Sale $170,000 -- $156 / 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
2025 $1,126 $294,000 $67,500 $226,500
2024 $1,126 $294,000 $67,500 $226,500
2023 $1,033 $222,200 $67,500 $154,700
2022 $1,033 $222,200 $67,500 $154,700
2021 $855 $178,200 $67,500 $110,700
2020 $855 $178,200 $67,500 $110,700
2019 $814 $169,600 $67,500 $102,100
2018 $814 $169,600 $67,500 $102,100
2017 $834 $170,200 $67,500 $102,700
2016 $834 $170,200 $67,500 $102,700
2015 $991 $202,300 $67,500 $134,800
2014 $991 $202,300 $67,500 $134,800
2013 -- $205,600 $67,500 $138,100
Source: Public Records

Agents Affiliated with this Home

  • Meghan Oliver Clarkson

    Seller's Agent in 2018

    Meghan Oliver Clarkson

    LONG & FOSTER CHINCOTEAGUE

    (757) 894-0798

    279 in this area

    666 Total Sales

    Meghan Oliver Clarkson
    Section Image
  • Shawn Jennings

    Buyer's Agent in 2018

    Shawn Jennings

    COLDWELL BANKER HARBOUR REALTY

    (757) 336-1999

    127 in this area

    223 Total Sales

    Shawn Jennings
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 48116

APN: 030-A1-18-00-0002-00

Virginia Accomack County Chincoteague Island 23336

3043 Ridge Rd, Chincoteague Island, VA

Not Listed for Sale

Townhouses

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