NOT LISTED FOR SALE

31505 Ole Rd Melfa, VA 23410

Estimated Value: $88,353 - $220,000

2 Beds
1 Bath
864 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $130,000 $150 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $822/month

158 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Cooling Available
  • Farmhouse Style Home
  • Eat-In Kitchen
  • Garage

About This Home

As of February 2024

Opportunity Awaits to purchase 2 homes one price 31505 & 31513 Ole Road, 2.7 AC +/- 31505 - Built 1960 - (Heat Pump with Central Air and Carport) is a charming 2 BR & 1B home is ready for you to add a few updates to make it your own. 31513- Built 1920 - (Electric Baseboard- Heat, no A/C) is an Eastern Shore style farmhouse 2 BR & 1B, that you could restore in your spare time. This property is just moments away from the quaint coastal community of Wachapreague, to enjoy fishing, boating, and local waterfront dining plus more. Room dimensions/features reflected in the listing are for 31505, 31513 dimensions/features available. This property is being sold AS IS WHERE IS AND ALL INSPECTIONS ARE AT THE EXPENSE OF PURCHASER.

Last Agent to Sell the Property

Patrick Daub

Weichert, Realtors Mason - Davis Brokerage Phone: 7577871010 License #0225262917 Listed on: 06/30/2023

Weichert, Realtors Mason - Davis

Last Buyer's Agent

Jim Cole

EASTERN SHORE REALTY License #0225209948

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $439

Year Built

  • Built in 1960

Lot Details

  • Zoning described as Agricultural

Parking

  • Garage

Home Design

  • Farmhouse Style Home
  • Bungalow
  • Composition Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 864 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Dining Area
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Schools

  • Pungoteague Elementary School
  • Nandua Middle School
  • Nandua High School

Utilities

  • Cooling Available
  • Heating Available
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Melfa Subdivision

Listing and Financial Details

  • $73,700 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$439

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Farm,Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 2.772 +/-
  • Road Surface Type: Paved
  • Water Body Name: None
  • Subdivision Name: Melfa
  • Directions: From US-13 S (Lankford Hwy) turn left onto VA-180 E (Wachapreague Road) continue about 3 miles turn right into the second entrance for Ole Road. Property will be on your right.
  • Architectural Style: Farmhouse, Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Other-See Remarks
  • Year Built: 1960
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Attribution Contact: 7577871010
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Range, Refrigerator, Range Hood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 864
  • Room Bedroom2 Level: First
  • Dining Room Features: Eat-in Kitchen, Dining Area
  • Living Room Living Room Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: 2-4.9 acres +/-
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Paint Disclosure
  • Construction Type: Vinyl Siding, Sheetrock, Panel
  • Exterior Features: Other
  • Foundation Details: Crawl Space
  • Property Condition: Other-See Remarks
  • Roof: Composition, Age Unknown

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Amps: 200
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Pungoteague
  • High School: Nandua
  • Middle Or Junior School: Nandua

Lot Info

  • Farm Land Area Units: Square Feet
  • Zoning Description: Agricultural

Tax Info

  • Tax Annual Amount: 438.51
  • Tax Book Number: 200502137
  • Tax Lot: N/A
  • Tax Map Number: 112-A-89/88
  • Tax Other Annual Assessment Amount: 73700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jan 29, 2024
Sold by
Tull Robin
Bought by
Smith Timothy
Seller's Agent
Patrick Daub
Weichert, Realtors Mason - Davis
Buyer's Agent
Jim Cole
EASTERN SHORE REALTY
List Price
$185,000
Sold Price
$130,000
Premium/Discount to List
-$55,000
-29.73%
Views
206
Current Estimated Value
$148,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,784
Avg. Annual Appreciation
31.69%

Purchase Details

Closed on
Jan 1, 2005
Bought by
Waddell Donald
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
Smith Timothy $130,000 --
Waddell Donald -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $130,000 -18.8% $150 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
10/27/2023 10/27/23 Price Changed $160,000 -13.5% $185 / Sq Ft
10/17/2023 10/17/23 For Sale $185,000 0.0% $214 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $185,000 -7.0% $214 / Sq Ft
06/30/2023 06/30/23 For Sale $199,000 -- $230 / 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 $161 $30,200 $10,100 $20,100
2024 $146 $30,200 $10,100 $20,100
2023 $155 $26,100 $10,100 $16,000
2022 $155 $26,100 $10,100 $16,000
2021 $143 $23,500 $10,100 $13,400
2020 $143 $23,500 $10,100 $13,400
2019 $151 $24,700 $10,100 $14,600
2018 $151 $24,700 $10,100 $14,600
2017 $172 $28,200 $10,100 $18,100
2016 $172 $28,200 $10,100 $18,100
2015 $179 $30,800 $10,100 $20,700
2014 $179 $30,800 $10,100 $20,700
2013 -- $33,700 $10,100 $23,600
Source: Public Records

Agents Affiliated with this Home

  • Patrick Daub

    Seller's Agent in 2024

    Patrick Daub

    Weichert, Realtors Mason - Davis

    (757) 777-0159

    4 in this area

    23 Total Sales

    Patrick Daub
    Section Image

  • J

    Buyer's Agent in 2024

    Jim Cole

    EASTERN SHORE REALTY

    (571) 606-9789

    1 in this area

    21 Total Sales

    Jim Cole
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 57936

APN: 112-00-A0-00-0089-00

Virginia Accomack County Melfa 23410

31505 Ole Rd, Melfa, VA

This home is located at 31505 Ole Rd, Melfa, VA 23410 since 30 June 2023 and is currently estimated at $148,784, approximately $172 per square foot. This property was built in 1960. 31505 Ole Rd is a home located in Accomack County with nearby schools including Pungoteague Elementary School, Nandua Middle School, and Nandua High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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