NOT LISTED FOR SALE

Estimated Value: $176,022 - $230,000

3.9 Acres
$52,886 Price per Acre
169,884 Sq Ft Lot

Last Sold September 14, 2017

Last sale price $50,000

Est. 313% increase in value since last sale

Current estimated payment $1,165/month

877 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Level Lot
  • 3.9 Acre Lot

About This Lot

As of September 2017

MOTIVATED SELLER!!! Large Building lot on Willow St. Septic on site. Lot extends from Willow St., past canal, and almost to Ridge Rd. Great for subdividing, suitable for a duplex, Lots of oppornity here for a vacation home, retirement home, or your dream home. Seller will consider all reasonable offers!!

Last Agent to Sell the Property

Bob Faith

DOCKSIDE PROPERTIES License #0225091052 Listed on: 03/21/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $436

Lot Details

  • 3.9 Acre Lot
  • Waterfront
  • Level Lot

Schools

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

Additional Features

  • Water Views
  • Septic Tank

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 683
  • $97,300 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$436

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 3.9
  • Lot Size: 3.9 acres +
  • Water Body Name: Canal
  • Subdivision Name: Chincoteague
  • Directions: From the drawbridge, turn right on Main St. Turn left on Jester St. Turn right on Willow. Lot on left, sign in yard.
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 2-4.9 acres +/-
  • Topography: Level
  • View: Water
  • View: Yes
  • Waterfront Features: Water Front, Waterfront
  • Waterfront: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available

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: 169884
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 297 298
  • Tax Lot: 683
  • Tax Map Number: see remarks
  • Tax Other Annual Assessment Amount: 97300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2010
Sold by
Howard John H
Bought by
Murrow William E and Murrow Karen L
Current Estimated Value
$206,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Outstanding Balance
$37,519
Interest Rate
5.02%
Mortgage Type
New Conventional
Estimated Equity
$168,737
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Murrow William E $85,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murrow William E $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2017 09/14/17 Sold $50,000 -49.9% --
08/15/2017 08/15/17 Pending -- -- --
03/21/2015 03/21/15 For Sale $99,900 -- --
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 $436 $113,800 $94,500 $19,300
2024 $436 $113,800 $94,500 $19,300
2023 $406 $87,400 $66,100 $21,300
2022 $406 $87,400 $66,100 $21,300
2021 $413 $86,000 $66,100 $19,900
2020 $413 $86,000 $66,100 $19,900
2019 $408 $84,900 $66,100 $18,800
2018 $408 $84,900 $66,100 $18,800
2017 $417 $85,200 $66,100 $19,100
2016 $417 $85,200 $66,100 $19,100
2015 $419 $85,500 $66,100 $19,400
2014 $419 $85,500 $66,100 $19,400
2013 -- $87,100 $66,100 $21,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 41011

APN: 030-A5-A0-00-0695-E0