NOT LISTED FOR SALE

4022 Ridge Rd Chincoteague Island, VA 23336

Estimated Value: $378,000 - $424,000

3 Beds
2 Baths
1,100 Sq Ft
$370/Sq Ft Est. Value

Last Sold September 10, 2018

Last sale price $226,000 $205 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,263/month

71 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Walk-In Closet
  • Main Floor Bedroom
  • Screened Porch
  • Cooling Available

About This Home

As of September 2018

This newly renovated home is meticulously maintained and centrally located in the heart of Chincoteague Island. Tucked away just off one of the main crossroads on the Island, you will be blown away by this home's seclusion and its capability of being totally accessible to the entire Island- within minutes. Whether you are looking for a Permanent Home, an Island Getaway or a Vacation Rental Investment, this home is turn-key ready and can accommodate your every need. Completely remodeled down to the studs in 2016, there is a New HVAC system, Granite counters with all new appliances, new bathrooms and an incredible walk in closet. With an ample storage shed in the backyard and a gracious circular driveway in the front, this home is designed for easy living. Come see for yourself!

Last Buyer's Agent

Angie Abell

BEACH BAY REALTY, LLC License #0225042782

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,347

Year Built

  • Built in 1987

Lot Details

  • 0.35 Acre Lot
  • Zoning described as Town

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Dining Area
  • Screened Porch
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • $148,400 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,347

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Lot Size: .35
  • Water Body Name: None
  • Subdivision Name: Chincoteague
  • Directions: From the Drawbridge- drive onto the Island and stay straight on Maddox Blvd for just under a mile. At the light, turn right onto Ridge Road. Drive on Ridge Road for about a mile and the house will be located on the left.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1987
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Entry Location: 0
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), 1st Floor Bedroom, Sauna
  • Living Area: 1100
  • Window Features: Window Treatments
  • Room Bedroom2 Level: First
  • Dining Room Features: Dining Area
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 90
  • Room Bedroom2 Area: 132
  • Room Living Room Area: 176
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 120

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Other
  • Foundation Details: Block
  • Patio And Porch Features: Screened, Enclosed
  • Property Condition: 30-50 yrs +/-

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • 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: 15246
  • Farm Land Area Units: Square Feet
  • Zoning Description: Town
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 2014 03570
  • Tax Lot: 0
  • Tax Map Number: 30A4-A-12C
  • Tax Other Annual Assessment Amount: 148400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2018
Closed on
Sep 10, 2018
Sold by
Cavey Jeffrey A
Bought by
Diggins William M
Buyer's Agent
Angie Abell
BEACH BAY REALTY, LLC
List Price
$226,000
Sold Price
$226,000
Current Estimated Value
$406,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,907
Avg. Annual Appreciation
8.64%
Original Mortgage
$171,000
Outstanding Balance
$127,594
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$279,313
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
Diggins William M $226,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diggins William M $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2018 09/10/18 Sold $226,000 0.0% $205 / Sq Ft
08/11/2018 08/11/18 Pending -- -- --
06/30/2018 06/30/18 For Sale $226,000 -- $205 / 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 $1,347 $351,600 $90,800 $260,800
2024 $1,347 $351,600 $90,800 $260,800
2023 $1,116 $240,000 $63,600 $176,400
2022 $1,116 $240,000 $63,600 $176,400
2021 $912 $190,000 $63,600 $126,400
2020 $912 $190,000 $63,600 $126,400
2019 $712 $148,400 $63,600 $84,800
2018 $712 $148,400 $63,600 $84,800
2017 $732 $149,300 $63,600 $85,700
2016 $726 $148,200 $63,600 $84,600
2015 $730 $148,900 $63,600 $85,300
2014 $730 $148,900 $63,600 $85,300
2013 -- $151,500 $63,600 $87,900
Source: Public Records

Agents Affiliated with this Home

  • Angie Abell

    Buyer's Agent in 2018

    Angie Abell

    BEACH BAY REALTY, LLC

    (757) 710-1598

    192 in this area

    270 Total Sales

    Angie Abell
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 48071

APN: 030-A4-A0-00-0012-C0

Virginia Accomack County Chincoteague Island 23336

4022 Ridge Rd, Chincoteague Island, VA

This home is located at 4022 Ridge Rd, Chincoteague Island, VA 23336 since 30 June 2018 and is currently estimated at $406,907, approximately $369 per square foot. This property was built in 1987. 4022 Ridge Rd 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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