$392,000
SOLD MAY 21, 2025

5250 Pine Tree Way Chincoteague Island, VA 23336

2 Beds
2 Baths
1,120 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$350 Per Sq Ft

2% Below List Price

139 Days on Market

Highlights

  • Beach House
  • 1 Car Detached Garage
  • Double Pane Windows
  • Screened Porch
  • Eat-In Kitchen
  • Shed

About This Home

As of May 2025

Explore your possibilities in this carefree Island living or vacationing in this turn-key home, located in Oyster Bay II ! Spacious well-appointed kitchen, 2 bedrooms, 2 baths and expansive living room, complete with all furnishings. Large screened porch and fenced yard allow for plenty of outdoor enjoyment and seeing the abundance of wildlife in the area. Plenty of storage space for all your outdoor toys. Many upgrades have been done to this comfortable one story home, being sold fully furnished and ready for you!

Last Agent to Sell the Property

Barbara Bowden

COLDWELL BANKER HARBOUR REALTY Brokerage Phone: 7573361999 License #0225236616 Listed on: 11/26/2024

COLDWELL BANKER HARBOUR REALTY

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

  • $1,208

Year Built

  • Built in 1982

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Driveway
  • Open Parking

Home Design

  • Beach House
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Double Pane Windows
  • Window Treatments
  • Dining Area
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Shed
  • 8,712 Sq Ft Lot

Community Details

  • Ob II Association
  • Oyster Bay Ii Subdivision

Listing and Financial Details

  • Tax Lot 242
  • $315,300 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,208

Year Built

Built in 1982

Lot Details

0

HOA Fees

$33 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: .2
  • Subdivision Name: Oyster Bay Ii
  • Directions: Travel north on Main Street, turn right on N. Hibiscus, left on Pine Tree Way, home will be on your left. Sign in yard.
  • Architectural Style: Ranch, Beach House
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1982
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Attribution Contact: 7573361999
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 1120
  • Window Features: Window Treatments, Double Pane Windows
  • Room Bedroom2 Level: First
  • Dining Room Features: Eat-in Kitchen, Dining Area
  • Living Room Living Room Level: First
  • Room Bedroom2 Area: 157
  • Room Living Room Area: 273
  • Room Kitchen Area: 247

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: HOA Disclosure
  • Construction Type: Vinyl Siding, Sheetrock
  • Other Structures: Shed/Barn
  • Patio And Porch Features: Screened, Porch
  • Property Condition: 30-50 yrs +/-
  • Roof: Age 10 yrs +/-

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: One Car, Detached, Driveway
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association Name: OB II
  • Association: Yes

Schools

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

Lot Info

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

Tax Info

  • Tax Book Number: 210006044
  • Tax Lot: 242
  • Tax Map Number: 31B1-3-242
  • Tax Other Annual Assessment Amount: 315300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2024
Closed on
May 14, 2025
Sold by
Hammerstone Terry L and Hammerstone Jennifer
Bought by
Davis Randell L
Seller's Agent
Barbara Bowden
COLDWELL BANKER HARBOUR REALTY
Buyer's Agent
Shawn Jennings
COLDWELL BANKER HARBOUR REALTY
List Price
$399,000
Sold Price
$392,000
Premium/Discount to List
-$7,000
-1.75%
Views
111
Current Estimated Value
$386,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,274
Avg. Annual Appreciation
-3.25%
Original Mortgage
$216,100
Outstanding Balance
$214,016
Interest Rate
0.68%
Mortgage Type
Construction
Estimated Equity
$172,710

Purchase Details

Closed on
Oct 19, 2015
Sold by
Umbel Ronald G
Bought by
Sherman Sherrard K and Sherman Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
1.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $392,000 --
Grant Deed $200,000 Shore Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,100 Construction
Previous Owner $200,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2025 05/21/25 Sold $392,000 -1.8% $350 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $399,000 0.0% $356 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
02/11/2025 02/11/25 Price Changed $399,000 -6.1% $356 / Sq Ft
11/26/2024 11/26/24 For Sale $425,000 +63.5% $379 / Sq Ft
11/03/2021 11/03/21 Sold $260,000 -13.3% $232 / Sq Ft View Prior Sale
11/03/2021 11/03/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $300,000 -- $268 / 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 $1,208 $315,300 $90,000 $225,300
2024 $1,208 $315,300 $90,000 $225,300
2023 $1,039 $223,500 $67,500 $156,000
2022 $1,018 $218,900 $67,500 $151,400
2021 $845 $176,000 $67,500 $108,500
2020 $845 $176,000 $67,500 $108,500
2019 $805 $167,700 $67,500 $100,200
2018 $805 $167,700 $67,500 $100,200
2017 $825 $168,300 $67,500 $100,800
2016 $825 $168,300 $67,500 $100,800
2015 $828 $168,900 $67,500 $101,400
2014 $828 $168,900 $67,500 $101,400
2013 -- $174,100 $70,000 $104,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 63520

APN: 031-B1-03-00-0242-00