NOT LISTED FOR SALE

5134 Serenity Ln Chincoteague Island, VA 23336

Estimated Value: $472,000 - $520,000

2 Beds
3 Baths
1,704 Sq Ft
$286/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $471,000 $276 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,672/month

9 Days on Market

Highlights

  • Deck
  • No HOA
  • Breakfast Area or Nook
  • Contemporary Architecture
  • Screened Porch
  • 2 Car Attached Garage

About This Home

As of April 2023

Stunning Contemporary Island Home! This gorgeous 2 bedroom +bonus room used as a bedroom, 3 bath home is situated off the beaten path on a private lane! You'll love how bright & airy the space is! It features a large living room w/gas fireplace, luxury vinyl plank flooring, dining room, eat-in kitchen w/tile flooring, breakfast bar, oak cabinetry, pantry closet & a separate laundry room. The upper level hosts an oversized primary suite w/bathroom & walk-in closet. There are 2 more bedrooms and another full bath on this floor! The screened-in porch & open deck offers the perfect place to entertain or relax. There is a 2-car garage for your vehicles or additional storage. This location is secluded, yet so close to Maddox Blvd for easy access to restaurants, shops, & beach. Mostly furnished!

Last Agent to Sell the Property

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE Brokerage Phone: 7573365100 License #0225085807 Listed on: 02/16/2023

LONG & FOSTER CHINCOTEAGUE

Last Buyer's Agent

margaret ann Baird nichols

SEASIDE PROPERTIES License #0225157965

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,249

Year Built

  • Built in 2004

Lot Details

  • 4,294

Parking

  • 2 Car Attached Garage
  • Open Parking

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,704 Sq Ft Home
  • 3-Story Property
  • Sheet Rock Walls or Ceilings
  • Gas Log Fireplace
  • Window Treatments
  • Dining Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Gas Water Heater
  • Shared Septic

Additional Features

  • Level Entry For Accessibility
  • Deck
  • 4,294 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 3
  • $293,900 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,249

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0986
  • Lot Size: 4294
  • Subdivision Name: Chincoteague
  • Directions: Head southeast on Chincoteague Rd toward Main St. Continue onto Maddox Blvd. Turn left onto Deep Hole Rd. Turn right onto Chicken City Rd. Turn left onto Circle Dr. Turn right onto Serenity Ln. Home will be on the left.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2004
  • Kitchen Level: Main
  • RoomBedroom1Level: Second
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Entry Location: Lower
  • Fireplace Features: One Fireplace, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Walk-In Closet(s), Dining Room
  • Living Area: 1704
  • Window Features: Window Treatments
  • Room Bedroom2 Level: Second
  • Dining Room Features: Breakfast Area, Eat-in Kitchen, Dining Area
  • Living Room Living Room Level: Main
  • Room Bedroom3 Level: Second
  • Dining Room Dining Room Level: Main

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Block
  • Patio And Porch Features: Screened, Deck
  • Property Condition: 15-30 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage, Two Car, Attached, Paved
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer/Dryer Hookup, Lower Level
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Shared Septic
  • 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: 4294
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1248.94
  • Tax Book Number: 2016 01135
  • Tax Lot: 3
  • Tax Map Number: 30A6-10-3
  • Tax Other Annual Assessment Amount: 293900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 13, 2023
Sold by
Mcmahan David B and Mcmahan Brooke R
Bought by
Guo Tianqiao
Seller's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
Buyer's Agent
margaret ann Baird nichols
SEASIDE PROPERTIES
List Price
$475,000
Sold Price
$471,000
Premium/Discount to List
-$4,000
-0.84%
Views
40
Current Estimated Value
$479,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,872
Avg. Annual Appreciation
1.33%
Original Mortgage
$282,600
Outstanding Balance
$275,546
Interest Rate
7.38%
Mortgage Type
Construction
Estimated Equity
$212,564

Purchase Details

Closed on
Mar 7, 2016
Sold by
Michael Willis F and Michael Rebecca T
Bought by
Mcmahan David B and Mcmahan Brooke R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.65%
Mortgage Type
New Conventional
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
Guo Tianqiao $471,000 --
Mcmahan David B $200,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guo Tianqiao $282,600
Previous Owner Mcmahan David B $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2023 04/04/23 Sold $471,000 -0.8% $276 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $475,000 -- $279 / 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 $1,779 $464,400 $62,000 $402,400
2024 $1,779 $464,400 $62,000 $402,400
2023 $1,367 $293,900 $46,500 $247,400
2022 $1,367 $293,900 $46,500 $247,400
2021 $1,055 $219,700 $46,500 $173,200
2020 $1,055 $219,700 $46,500 $173,200
2019 $989 $206,100 $46,500 $159,600
2018 $989 $206,100 $46,500 $159,600
2017 $1,014 $206,900 $46,500 $160,400
2016 $1,014 $206,900 $46,500 $160,400
2015 $1,017 $207,600 $46,500 $161,100
2014 $1,017 $207,600 $46,500 $161,100
2013 -- $212,700 $46,500 $166,200
Source: Public Records

Agents Affiliated with this Home

  • Meghan Oliver Clarkson

    Seller's Agent in 2023

    Meghan Oliver Clarkson

    LONG & FOSTER CHINCOTEAGUE

    (757) 894-0798

    279 in this area

    666 Total Sales

    Meghan Oliver Clarkson
    Section Image

  • m

    Buyer's Agent in 2023

    margaret ann Baird nichols

    SEASIDE PROPERTIES

    (757) 336-6000

    38 in this area

    58 Total Sales

    margaret ann Baird nichols
    Section Image
See All Agents

Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 57171

APN: 030-A6-10-00-0003-00

Virginia Accomack County Chincoteague Island 23336

5134 Serenity Ln, Chincoteague Island, VA

Not Listed for Sale

Detached

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