$250,000
SOLD AUG 17, 2017
2 Beds
1 Bath
928 Sq Ft
6,880 Sq Ft Lot

Recently Sold

$269 Per Sq Ft

11% Below List Price

389 Days on Market

Highlights

  • Pier or Dock
  • Beach House
  • Main Floor Bedroom
  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • No HOA

About This Home

As of February 2023

HIGHLY MOTIVATED SELLER!!! Seller will pay $3,500.00 of purchasers closing costs with an acceptable offer. Where else can you find a classic cottage on the water for such a bargain? This two bedroom, 1 bathroom cottage comes with 35' of waterfront with a dock and bulkhead that are only 5 years old. Situated on the Chincoteague Bay with the most amazing sunset views a person could ever see in their life (in my opinion). Directly across the bay you'll have a clear line of sight for all of the rocket launches from NASA Wallops Island. Don't miss your opportunity to own your little slice of waterfront heaven on Chincoteague Island.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,807

Year Built

  • Built in 1924

Lot Details

  • 6,880 Sq Ft Lot
  • Lot Dimensions are 43 x 160
  • Property Fronts a Bay or Harbor

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
  • Double Pane Windows
  • Window Treatments
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway
  • Open Parking

Outdoor Features

  • Seawall
  • Enclosed patio or porch
  • Shed

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 1&4
  • $322,600 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

$1,807

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1579
  • Lot Size: 43 x 160
  • Water Body Name: Chincoteague Bay
  • Subdivision Name: Chincoteague
  • Directions: South on Main St. House is on left 2 doors before Beebe Rd.
  • Architectural Style: Beach House, Eastern Shore Style
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1924
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: x
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 928
  • Window Features: Window Treatments, 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, Bay 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
  • Patio And Porch Features: Enclosed
  • Property Condition: 50-100 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Other, Natural Driveway

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • 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
  • Middle Or Junior School: Chincoteague Combined

Lot Info

  • Lot Size Sq Ft: 6880
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1806.56
  • Tax Book Number: 2011 03877
  • Tax Lot: 1&4
  • Tax Map Number: 30A2-6-1
  • Tax Other Annual Assessment Amount: 322600

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%
Current Estimated Value
$486,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,594
Avg. Annual Appreciation
8.71%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $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: 43987

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