NOT LISTED FOR SALE

3502 Main St Chincoteague Island, VA 23336

Estimated Value: $440,000 - $511,000

3 Beds
1 Bath
1,288 Sq Ft
$371/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $270,000 $210 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,640/month

462 Days on Market

Highlights

  • Waterfront
  • Deck
  • Fireplace
  • 0.53 Acre Lot
  • No HOA
  • Cooling Available

About This Home

As of August 2020

Prime Waterfront half acre (+/-) property! Take your beach chair and lounge on your sandy spot on the water! The home has been gutted for the most part and ready to be renovated! The seller is installing insulation, windows & siding. Pictures will be updated upon completion. This is a double lot with great possibilities! The dock is 660 ft long, it reaches out the longest in the neighborhood! Enjoy fishing, crabbing or just watching the sunsets. Be the one to bring this classic watermans style home back to life among all of the new constructions that are surrounding the property!

Last Agent to Sell the Property

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807 Listed on: 04/17/2019

LONG & FOSTER CHINCOTEAGUE

Last Buyer's Agent

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807 Listed on: 04/17/2019

LONG & FOSTER CHINCOTEAGUE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 0.53 Acre Lot
  • Waterfront

Parking

  • Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,288 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 63*
  • $525,500 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.53
  • Lot Size: 0.53
  • Water Body Name: Chincoteague Bay
  • Subdivision Name: Chincoteague
  • Directions: From the bridge turn right on Main . Follow South, The house is on the right
  • Architectural Style: Eastern Shore Style
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Other Water Heater (See Remarks), Other
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: -
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Other
  • Interior Amenities: Other
  • Living Area: 1288
  • Dining Room Features: Other

Exterior Features

  • Lot Features: .5-.9 acre +/-
  • Waterfront Features: Water Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Other, See Remarks
  • Exterior Features: Other
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck
  • Property Condition: 50-100 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Other

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: 23086.8
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 2012 00183
  • Tax Lot: 63*
  • Tax Map Number: 30A3-A-63*
  • Tax Other Annual Assessment Amount: 525500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Jun 16, 2020
Sold by
Quillen Allen J H
Bought by
Mccowan Jeffrey S
Seller's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
Buyer's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$477,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,452
Avg. Annual Appreciation
11.29%
Original Mortgage
$175,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2011
Bought by
Quillen Allen J H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccowan Jeffrey S $270,000 Attorney Only
Quillen Allen J H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccowan Jeffrey S $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $270,000 0.0% $210 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
04/17/2019 04/17/19 For Sale $270,000 -- $210 / 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 $1,544 $403,200 $241,800 $161,400
2024 $1,544 $403,200 $241,800 $161,400
2023 $1,720 $369,900 $241,800 $128,100
2022 $1,720 $369,900 $241,800 $128,100
2021 $1,575 $328,200 $241,800 $86,400
2020 $1,575 $328,200 $241,800 $86,400
2019 $1,562 $325,500 $241,800 $83,700
2018 $1,562 $325,500 $241,800 $83,700
2017 $1,808 $369,000 $280,800 $88,200
2016 $1,808 $369,000 $280,800 $88,200
2015 $1,747 $356,500 $280,800 $75,700
2014 $1,747 $356,500 $280,800 $75,700
2013 -- $360,600 $280,800 $79,800
Source: Public Records

Agents Affiliated with this Home

  • Meghan Oliver Clarkson

    Seller's Agent in 2020

    Meghan Oliver Clarkson

    LONG & FOSTER CHINCOTEAGUE

    (757) 894-0798

    279 in this area

    666 Total Sales

    Meghan Oliver Clarkson
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 49638

APN: 030-A3-A0-00-0063-00

Virginia Accomack County Chincoteague Island 23336

3502 Main St, Chincoteague Island, VA

Not Listed for Sale

Detached

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