NOT LISTED FOR SALE

Estimated Value: $481,240

2 Beds
1 Bath
928 Sq Ft
$519/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $425,000 $458 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,796/month

134 Days on Market

Highlights

  • Pier or Dock
  • Beach House
  • Main Floor Bedroom
  • Waterfront
  • Wood Flooring
  • No HOA

About This Home

As of February 2023

Location, location, location! Once this gem is polished, you'll own your own piece of paradise with this vintage fisherman's cottage and breathtaking views. Enter the home to an enclosed sun room with 3 walls of windows and water views. First floor features living room, kitchen, full bathroom and a bedroom. Upstairs has a cute bedroom with water views and hardwood floors. Home sits on 0.14 acres with a nice sized backyard in addition to 0.05 acres of waterfront land across the street with a dock (condition of the dock is unknown). Repairs are needed, buyer is responsible for all inspections for informational purposes only. It may not be pretty but this is the view you've been searching for!

Last Listed By

America Pace

DOCKSIDE PROPERTIES License #0225228700 Listed on: 07/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1924

Lot Details

  • 8,276 Sq Ft Lot
  • Waterfront

Parking

  • No Garage

Home Design

  • Beach House
  • Block Foundation
  • Composition Roof
  • Asbestos
  • Lead Paint Disclosure

Interior Spaces

  • 928 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1&4
  • $359,700 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Chincoteague Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,532

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Lot Size: 0.19
  • Water Body Name: Chincoteague Bay
  • Subdivision Name: Chincoteague
  • Directions: When entering the island, turn Right on Main St. Property is a few miles down on the Left.
  • Architectural Style: Beach House, Eastern Shore Style
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1924
  • Kitchen Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Range, Washer, Dryer, Refrigerator, Dishwasher
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 928
  • Window Features: Double Pane Windows
  • Room Bedroom2 Level: Second
  • Dining Room Features: Eat-in Kitchen
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: Water Front, Waterfront, Seawall
  • Waterfront: Yes
  • Disclosures: Lead Paint Disclosure
  • Construction Type: Asbestos, Sheetrock
  • Exterior Features: Pier/Dock
  • Foundation Details: Crawl Space, Block
  • Other Structures: Shed/Barn
  • Property Condition: 50-100 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump, Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 2017 03159
  • Tax Lot: 1&4
  • Tax Map Number: 30A2-6-1
  • Tax Other Annual Assessment Amount: 359700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2016
Closed on
Jul 10, 2017
Sold by
Yeager Brooks B
Bought by
Gard Gary A and Shogan Cynthia D
List Price
$279,900
Sold Price
$250,000
Premium/Discount to List
-$29,900
-10.68%
Total Days on Market
134
Current Estimated Value
$481,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,240
Avg. Annual Appreciation
8.84%

Range of Values:

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Average Value
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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
Gard Gary A $250,000 Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $425,000 -39.9% $458 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
07/16/2022 07/16/22 For Sale $707,000 +182.8% $762 / Sq Ft
08/17/2017 08/17/17 Sold $250,000 -10.7% $269 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
07/23/2016 07/23/16 For Sale $279,900 -- $302 / 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
2024 $1,532 $399,900 $235,000 $164,900
2023 $1,673 $359,700 $235,000 $124,700
2022 $1,673 $359,700 $235,000 $124,700
2021 $1,574 $327,900 $235,000 $92,900
2020 $1,574 $327,900 $235,000 $92,900
2019 $1,543 $321,500 $235,000 $86,500
2018 $1,543 $321,500 $235,000 $86,500
2017 $1,581 $322,600 $235,000 $87,600
2016 $1,581 $322,600 $235,000 $87,600
2015 $1,585 $323,500 $235,000 $88,500
2014 $1,585 $323,500 $235,000 $88,500
2013 -- $327,900 $235,000 $92,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 56255

APN: 030-A2-06-00-0001-00