NOT LISTED FOR SALE

Estimated Value: $341,000 - $610,000

2 Beds
2 Baths
1,100 Sq Ft
$383/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $215,000 $195 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,381/month

58 Days on Market

Highlights

  • Beach House
  • No HOA
  • Storm Windows
  • Wood Flooring
  • Enclosed Patio or Porch
  • 4-minute walk to Veterans Memorial Park

About This Home

As of October 2019

WHATS NOT TO LOVE about this house? It screams BEACH COTTAGE and is a very short walk to Historic Downtown Chincoteague. It has a large yard and the house has been fully remodeled. It is a turn-key bungalow "Ready to Enjoy". Gorgeous Original Hardwood Floors, New roof, HVAC, New kitchen & Baths. Tastefully decorated and selling fully furnished. Additional enclosed porch makes great sleeping quarters for guests . This may be your perfect cottage at the beach. A must See!

Last Agent to Sell the Property

Angie Abell

BEACH BAY REALTY, LLC License #0225042782 Listed on: 08/12/2019

Last Buyer's Agent

Angie Abell

BEACH BAY REALTY, LLC License #0225042782 Listed on: 08/12/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $893

Year Built

  • Built in 1930

Lot Details

  • 0.25

Home Design

  • Beach House
  • Bungalow
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Bar
  • Window Treatments
  • Dining Area
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • No Garage
  • Stone Driveway
  • Open Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • 0.25 Acre Lot

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 372
  • $133,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$893

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: .25
  • Subdivision Name: Chincoteague
  • Directions: Entering the island, turn right on Main Street , left on Smith Street, Left on School Street, home is on the left .
  • Architectural Style: Beach House, Bungalow, Eastern Shore Style
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1930
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Range, Dishwasher, Washer, Microwave, Refrigerator, Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Tile, Hardwood
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 1100
  • Window Features: Window Treatments, Storm Window(s)
  • Room Bedroom2 Level: First
  • Dining Room Features: Dining Area, Bar
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom2 Area: 110
  • Room Living Room Area: 120
  • Room Kitchen Area: 117
  • Room Family Room Area: 240

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space, Block
  • Patio And Porch Features: Enclosed
  • Property Condition: 50-100 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Stone Driveway

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Cooling: Heat Pump, Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • 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: 10890
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 2005/02180
  • Tax Lot: 372
  • Tax Map Number: 30A5-A-372
  • Tax Other Annual Assessment Amount: 133000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2019
Closed on
Oct 7, 2019
Sold by
Ricken Family Trust
Bought by
Melhorn Donna L
Seller's Agent
Angie Abell
BEACH BAY REALTY, LLC
Buyer's Agent
Angie Abell
BEACH BAY REALTY, LLC
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$421,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,396
Avg. Annual Appreciation
12.21%
Original Mortgage
$172,000
Outstanding Balance
$151,013
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$270,383

Purchase Details

Closed on
Apr 19, 2016
Sold by
Rullo Craig Y and Rullo Christine B
Bought by
Ricken William
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
Melhorn Donna L $215,000 Attorney Only
Ricken William $180,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melhorn Donna L $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $215,000 0.0% $195 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $215,000 -- $195 / 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 $893 $233,100 $92,800 $140,300
2024 $893 $233,100 $92,800 $140,300
2023 $762 $163,800 $65,000 $98,800
2022 $762 $163,800 $65,000 $98,800
2021 $650 $135,500 $65,000 $70,500
2020 $650 $135,500 $65,000 $70,500
2019 $629 $131,100 $65,000 $66,100
2018 $629 $131,100 $65,000 $66,100
2017 $647 $132,100 $65,000 $67,100
2016 $647 $132,100 $65,000 $67,100
2015 $652 $133,000 $65,000 $68,000
2014 $652 $133,000 $65,000 $68,000
2013 -- $135,500 $65,000 $70,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 50373

APN: 030A5A000037200