NOT LISTED FOR SALE

Estimated Value: $573,000 - $879,585

3 Beds
1.5 Baths
1,757 Sq Ft
$393/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $430,000 $245 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,857/month

47 Days on Market

Highlights

  • Waterfront
  • Deck
  • Wood Flooring
  • 0.55 Acre Lot
  • Wood Burning Stove
  • Victorian Architecture

About This Home

As of September 2021

Rare Opportunity! Check out this charming 3 bedroom, 1 1/2 bath Victorian home which is located on the south end of Chincoteague Island. It's waterfront location offers stunning views of the bay and the double sized lot provides room for expansion or room to store your cars/boats. The interior leads you to a bygone era with original wood moldings and arched entryways. This home features a huge living room w/exposed beams, wood stove, parlor, formal dining room, and a large eat-in kitchen with a butler's pantry. An oak staircase, with installed chair lift, leads you to the 2nd floor which hosts the 3 bedrooms and full bath. The rear deck overlooks a gardenesque backyard and the covered front porch captures amazing sunsets over the bay. The shed & a detached garage provide additional storage

Last Agent to Sell the Property

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807 Listed on: 07/23/2021

LONG & FOSTER CHINCOTEAGUE

Last Buyer's Agent

Shawn Jennings

COLDWELL BANKER HARBOUR REALTY License #0225077517

COLDWELL BANKER HARBOUR REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,721

Year Built

  • Built in 1930

Lot Details

  • 0.55 Acre Lot
  • Waterfront

Home Design

  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 1,757 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Fireplace
  • Wood Burning Stove
  • Dining Area
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 41
  • $444,300 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,721

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Lot Size: 0.55
  • Water Body Name: Chincoteague Bay
  • Subdivision Name: Chincoteague
  • Directions: From the bridge turn right (south), just past the carnival grounds the home is on the right
  • Architectural Style: Victorian
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Washer, Dryer, Refrigerator, Dishwasher
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: -
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Other
  • Living Area: 1757
  • Dining Room Features: Eat-in Kitchen, Dining Area

Exterior Features

  • Lot Features: .5-.9 acre +/-
  • Waterfront Features: Water Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck, Porch
  • Property Condition: 50-100 yrs +/-
  • Roof: Asbestos Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Cooling: Heat Pump
  • 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: 23958
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2720.88
  • Tax Book Number: 050 00755
  • Tax Lot: 41
  • Tax Map Number: 30A3-A-41
  • Tax Other Annual Assessment Amount: 444300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Jul 30, 2021
Sold by
Bakely Catherine M and Bakely Catherine M
Bought by
Addison Gregory M
Seller's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
Buyer's Agent
Shawn Jennings
COLDWELL BANKER HARBOUR REALTY
List Price
$495,000
Sold Price
$430,000
Premium/Discount to List
-$65,000
-13.13%
Current Estimated Value
$690,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,862
Avg. Annual Appreciation
11.86%
Original Mortgage
$344,000
Interest Rate
2.87%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Addison Gregory M $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Addison Gregory M $344,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $430,000 -13.1% $245 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $495,000 -- $282 / 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 $2,681 $700,100 $310,000 $390,100
2024 $2,681 $700,100 $310,000 $390,100
2023 $2,714 $583,700 $310,000 $273,700
2022 $2,287 $491,800 $310,000 $181,800
2021 $2,133 $444,300 $310,000 $134,300
2020 $2,133 $444,300 $310,000 $134,300
2019 $2,088 $434,900 $310,000 $124,900
2018 $2,088 $434,900 $310,000 $124,900
2017 $2,384 $486,500 $360,000 $126,500
2016 $2,384 $486,500 $360,000 $126,500
2015 $239 $488,100 $360,000 $128,100
2014 $2,392 $488,100 $360,000 $128,100
2013 -- $492,900 $360,000 $132,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 54265

APN: 030-A3-A0-00-0041-00