NOT LISTED FOR SALE

3278 Colona St Chincoteague Island, VA 23336

Estimated Value: $309,000 - $346,027

2 Beds
1 Bath
980 Sq Ft
$337/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $75,000 $77 Per Sq Ft

Est. 340% increase in value since last sale

Current estimated payment $1,822/month

71 Days on Market

Highlights

  • 0.95 Acre Lot
  • No HOA
  • 2 Car Detached Garage
  • Beach House
  • Separate Outdoor Workshop
  • Enclosed Patio or Porch

About This Home

As of May 2018

Priced well below assessed value, this home includes almost an acre of land tucked away on side street close to Carnival and town. Detached two car garage & shed with an additional 1/2 acre lot to the back. This home offers 2BR's and den/office. Front sun porch to enjoy your summer time fun on Chincoteague Island.

Last Agent to Sell the Property

Judy Williamson

COLDWELL BANKER HARBOUR REALTY Listed on: 02/24/2018

COLDWELL BANKER HARBOUR REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,490

Year Built

  • Built in 1950

Lot Details

  • 0.95 Acre Lot
  • Cleared Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Open Parking

Home Design

  • Beach House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater
  • Cesspool
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 110-2
  • $279,800 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,490

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.95
  • Lot Size: .95
  • Water Body Name: None
  • Subdivision Name: Chincoteague
  • Directions: Turn Right as you enter Chincoteague, Main St south, turn on Bunting Rd., Colona St is first right, house is on left
  • Architectural Style: Beach House
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Range, Refrigerator, Washer, Dryer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: 0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 980
  • Window Features: Storm Window(s)
  • Room Bedroom2 Level: First
  • Dining Room Features: Eat-in Kitchen
  • Living Room Living Room Level: First
  • Room Bedroom2 Area: 124.2
  • Room Living Room Area: 230
  • Room Kitchen Area: 141.45

Exterior Features

  • Lot Features: .5-.9 acre +/-, Cleared
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Panel
  • Foundation Details: Crawl Space
  • Other Structures: Shed/Barn, Workshop
  • Patio And Porch Features: Enclosed
  • Property Condition: 30-50 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage, Two Car, Detached, Natural Driveway
  • Total Parking Spaces: 2

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Sewer: Cesspool
  • Utilities: Cable Connected
  • 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: 41382
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1490
  • Tax Book Number: 2009/02125
  • Tax Lot: 110-2
  • Tax Map Number: 30A3-A110
  • Tax Other Annual Assessment Amount: 279800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2020
Sold by
Racing Moon Llc
Bought by
Sole Loree
Current Estimated Value
$330,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,646
Outstanding Balance
$145,780
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$184,562

Purchase Details

Listed on
Feb 24, 2018
Closed on
Apr 27, 2018
Sold by
Valenta Charles A and Valenta Rose A
Bought by
Racing Moon Llc and Valenta Rose A
Seller's Agent
Judy Williamson
COLDWELL BANKER HARBOUR REALTY
List Price
$199,900
Sold Price
$75,000
Premium/Discount to List
-$124,900
-62.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.02%
Source: Public Records

Range of Values:

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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
Sole Loree $160,000 Commonwealth Land Title Ins
Racing Moon Llc $75,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sole Loree $164,646
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2018 05/07/18 Sold $75,000 -62.5% $77 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $199,900 -- $204 / 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 $905 $236,200 $82,600 $153,600
2024 $905 $236,200 $82,600 $153,600
2023 $790 $169,800 $62,000 $107,800
2022 $790 $169,800 $62,000 $107,800
2021 $667 $139,000 $62,000 $77,000
2020 $670 $139,500 $62,500 $77,000
2019 $704 $146,600 $62,500 $84,100
2018 $704 $146,600 $62,500 $84,100
2017 $722 $147,300 $62,500 $84,800
2016 $722 $147,300 $62,500 $84,800
2015 $73 $148,000 $62,500 $85,500
2014 $725 $148,000 $62,500 $85,500
2013 -- $150,600 $62,500 $88,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Judy Williamson

    COLDWELL BANKER HARBOUR REALTY

    11 in this area

    42 Total Sales

    Judy Williamson
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 47138

APN: 030-A3-A0-00-0110-00

Virginia Accomack County Chincoteague Island 23336

3278 Colona St, Chincoteague Island, VA

This home is located at 3278 Colona St, Chincoteague Island, VA 23336 since 24 February 2018 and is currently estimated at $330,342, approximately $337 per square foot. This property was built in 1950. 3278 Colona St is a home located in Accomack County with nearby schools including Chincoteague Elementary School, Chincoteague High School, and Lighthouse Christian Academy.

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