NOT LISTED FOR SALE

5190 Pine Tree Way Chincoteague Island, VA 23336

Estimated Value: $394,650 - $462,000

3 Beds
2 Baths
1,134 Sq Ft
$378/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $241,000 $213 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,389/month

62 Days on Market

Highlights

  • Contemporary Architecture
  • Screened Porch
  • Shed
  • Vaulted Ceiling
  • Bar
  • Central Air

About This Home

As of August 2018

Contemporary beach home, lovingly maintained, located at end of a cul-de-sac in peaceful Oyster Bay II community....A MUST VIEW HOME! Open floor plan living room, dining area & kitchen, vaulted ceiling, very inviting & bright, sky light in the living room with DOUBLE SET glass sliders to SCREEN PORCH from kitchen & living room....amazing! NEW kitchen granite counter top with seating, recent tile flooring,dishwasher & fabulous wood plank vaulted ceiling. Master Suite with slider to rear open deck, his & her closets, full bath with walk in closet. South bedroom nice in size. North bedroom with bunk beds & trundle bed for the little ones. Recently renovated full bath in hall. Multi level open decks with natural views. NEW shed. Additional outbuilding. Gravel driveway. Entertainers delight!

Last Agent to Sell the Property

Lynne Ballerini

DOCKSIDE PROPERTIES License #0225088629 Listed on: 06/29/2018

Last Buyer's Agent

Patty Woodhurst

LONG & FOSTER CHINCOTEAGUE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $829

Year Built

  • Built in 1983

Lot Details

  • 8,712

HOA Fees

  • $28 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Beach House
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,134 Sq Ft Home
  • 1-Story Property
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Screened Porch
  • Crawl Space
  • Storm Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Stone Driveway
  • Open Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Satellite Dish

Additional Features

  • Shed
  • 8,712 Sq Ft Lot

Community Details

  • Ob II Association
  • Oyster Bay Ii Subdivision

Listing and Financial Details

  • Tax Lot 256
  • $156,200 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$829

Year Built

Built in 1983

Lot Details

0

HOA Fees

$28 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: .20
  • Water Body Name: None
  • Subdivision Name: Oyster Bay Ii
  • Directions: Come over bridge onto Island, turn left on Main Street, follow down for a bit, see community entrance for Oyster Bay II, turn right into community onto Hibiscus Drive, turn left onto Pine Tree Way, follow to the end, see sign
  • Architectural Style: Beach House, Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1983
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Range, Dishwasher, Washer, Microwave, Refrigerator, Dryer
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Entry Location: 0
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Vaulted Ceiling(s), Dining Room
  • Living Area: 1134
  • Window Features: Window Treatments
  • Room Bedroom2 Level: First
  • Dining Room Features: Dining Area, Bar, Living Room Combo
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 135.7
  • Room Bedroom2 Area: 146.32
  • Room Living Room Area: 136.485
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 89.1
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 164.02

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: HOA Disclosure
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space, Block
  • Other Structures: Shed/Barn
  • Patio And Porch Features: Screened, Porch
  • Property Condition: 30-50 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, Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Amenities
  • Association Fee: 335
  • Association Fee Frequency: Annually
  • Association Name: OB II
  • Association: Yes

Schools

  • Elementary School: Chincoteague
  • High School: Chincoteague Combined
  • Middle Or Junior School: Chincoteague Combined

Lot Info

  • Lot Size Sq Ft: 8712
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 829
  • Tax Book Number: 2012 03804
  • Tax Lot: 256
  • Tax Map Number: 31B1-3-256
  • Tax Other Annual Assessment Amount: 156200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 21, 2018
Sold by
Major Raymond A and Major Patricia A
Bought by
Moore Jessica L and Major Patricia A
Seller's Agent
Lynne Ballerini
DOCKSIDE PROPERTIES
Buyer's Agent
Patty Woodhurst
LONG & FOSTER CHINCOTEAGUE
List Price
$241,000
Sold Price
$241,000
Current Estimated Value
$428,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,663
Avg. Annual Appreciation
8.24%
Original Mortgage
$160,000
Outstanding Balance
$138,954
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$289,709
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
Moore Jessica L $241,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Jessica L $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $241,000 0.0% $213 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $241,000 -- $213 / 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 $1,267 $330,900 $83,300 $247,600
2024 $1,267 $330,900 $83,300 $247,600
2023 $1,083 $232,800 $62,500 $170,300
2022 $1,009 $216,900 $62,500 $154,400
2021 $824 $171,600 $62,500 $109,100
2020 $794 $165,400 $62,500 $102,900
2019 $757 $157,800 $62,500 $95,300
2018 $750 $156,200 $62,500 $93,700
2017 $770 $157,100 $62,500 $94,600
2016 $770 $157,100 $62,500 $94,600
2015 $773 $157,700 $62,500 $95,200
2014 $773 $157,700 $62,500 $95,200
2013 -- $189,700 $65,000 $124,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 48055

APN: 031-B1-03-00-0256-00