NOT LISTED FOR SALE

5262 Seaside Rd Exmore, VA 23350

Estimated Value: $500,445

3 Beds
2 Baths
1,842 Sq Ft
$272/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $425,000 $231 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,070/month

143 Days on Market

Highlights

  • 80.32 Acre Lot
  • Wood Burning Stove
  • Partially Wooded Lot
  • Deck
  • Farm
  • Wood Flooring

About This Home

As of March 2021

Alert Hunters and Entrepreneurs. How would you like to own an 80-acre farm where you could hunt deer and wild turkeys? Or perhaps you are interested in starting a small business where you could grow organic vegetables, have animals, grow herbs, or start a fig or nut farm. Perhaps you are looking for a comfortable retirement home located in a private setting yet close to grocery stores, doctors, and schools. This very stately property has 40 acres of woods that has been rented out to a hunter, and 30 acres of farmland that is currently rented to a local farmer (that helps pay the taxes). Would be a great location for an equestrian farm as well. The original home was built in 1911 and completely restored and additions made in 1997. Schedule an appointment to see this very unique property.

Last Listed By

Koerner Group, Llc

COLDWELL BANKER HARBOUR REALTY License #0226031075 Listed on: 10/30/2020

COLDWELL BANKER HARBOUR REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,598

Year Built

  • Built in 1911

Lot Details

  • 80.32 Acre Lot
  • Partially Wooded Lot
  • Zoning described as Agricultural

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,842 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Stone Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Occohannock Elementary School
  • Northampton Middle School
  • Northampton High School

Utilities

  • Central Air
  • Heating System Uses Wood
  • Heat Pump System
  • Well
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish

Additional Features

  • Level Entry For Accessibility
  • Farm

Community Details

  • No Home Owners Association
  • Exmore Subdivision

Listing and Financial Details

  • Tax Lot 2
  • $311,100 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,598

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Sub Type: Farm,Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 80.32
  • Lot Size: 80.32AC
  • Subdivision Name: Exmore
  • Directions: From 13 in Exmore turn East at the Royal Farms light, continue through stop sign. at end of Merry Cat Ln turn right onto Seaside Rd follow for 2.6 miles home will be on the Right sign in yard follow gravel driveway all the way down through the fields.
  • Architectural Style: Farmhouse, Eastern Shore Style
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1911
  • Kitchen Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Range, Washer, Oven, Dryer, Refrigerator, Other
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Entry Location: First
  • Fireplace Features: Family Room, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: 1st Floor Bedroom, Walk-In Closet(s)
  • Living Area: 1842
  • Window Features: Double Pane Windows
  • Room Bedroom2 Level: Second
  • Dining Room Features: Eat-in Kitchen, Dining Area
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom2 Area: 257.8889
  • Room Living Room Area: 199.6944
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 288.3889
  • Room Family Room Area: 428.0556

Exterior Features

  • Lot Features: 50 acres +/-, Farm
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Crawl Space
  • Other Structures: Shed/Barn
  • Patio And Porch Features: Deck, Porch
  • Property Condition: 100 yrs +/-
  • Roof: Composition, Metal

Garage/Parking

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

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s), Security Lights
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump, Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Occohannock
  • High School: Northampton
  • Middle Or Junior School: Northampton

Lot Info

  • Lot Size Sq Ft: 3498739.2
  • Farm Land Area Units: Square Feet
  • Zoning Description: Agricultural
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2597.66
  • Tax Book Number: DB72-186
  • Tax Lot: 2
  • Tax Map Number: 16-3-2
  • Tax Other Annual Assessment Amount: 311100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Mar 9, 2021
Sold by
Sherman Maudene Frances
Bought by
Banick Stephen J
Seller's Agent
Koerner Group, Llc
COLDWELL BANKER HARBOUR REALTY
Buyer's Agent
Koerner Group, Llc
COLDWELL BANKER HARBOUR REALTY
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Total Days on Market
143
Current Estimated Value
$500,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,445
Avg. Annual Appreciation
5.30%
Original Mortgage
$403,750
Outstanding Balance
$368,612
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$156,699

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 Buyer Sale Price Title Company
Banick Stephen J $425,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banick Stephen J $403,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $425,000 -5.3% $231 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
11/01/2020 11/01/20 For Sale $449,000 -- $244 / 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
2024 $3,381 $493,600 $222,600 $271,000
2023 $3,275 $430,900 $220,100 $210,800
2022 $2,607 $430,900 $220,100 $210,800
2021 $2,598 $311,100 $217,900 $93,200
2020 $2,598 $311,100 $217,900 $93,200
2019 $2,594 $312,500 $217,900 $94,600
2018 $0 $312,500 $217,900 $94,600
2017 $1,164 $312,500 $217,900 $94,600
2016 $2 $329,300 $234,200 $95,100
2015 -- $329,300 $234,200 $95,100
2011 -- $453,200 $327,000 $126,200
Source: Public Records

Agents Affiliated with this Home

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Map

Similar Home in Exmore, VA

  • 11025 Cemetery Rd, Exmore, VA 23350

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    • 2,532 Sq Ft
    • 11025 Cemetery Rd
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    A 3 bedroom Cape Cod on 12.66 acres looking out over Wescott Cove. This Property expands over three parcels, and includes a small freshwater pond. New kitchen, sun room, owners bathroom and Metal roof in last 5 years.

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    Section Image

Source: Eastern Shore Association of REALTORS®

MLS Number: 52774

APN: 16-3-2