NOT LISTED FOR SALE

5266 Hibiscus Dr Chincoteague Island, VA 23336

Chincoteague Neighborhood

Estimated Value: $339,000 - $492,000

3 Beds
2 Baths
1,337 Sq Ft
$326/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $253,500 $190 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,473/month

36 Days on Market

Highlights

  • Water Views
  • Deck
  • Beach House
  • Water Access
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of February 2021

Stunning Waterviews! This 3 bedroom, 2 bath coastal style home is situated on a 1/4 acre lot in the prestigious Oyster Bay community! Imagine the beautiful views of Little Oyster Bay you'll enjoy from the living room & dining room areas! Sliders lead to a huge screened in porch wh/ wraps around to a full length deck, offering colorful sunrises. The main level includes a spacious living room w/vaulted ceilings, separate dining room, kitchen, bedroom & full bath. A gorgeous oak staircase leads to the upper level wh/ hosts a full bath, bedroom & bedroom w/ attached sitting room. This home is in move-in condition & gives the option for your personal touch! It's on pilings & features under-home storage & a nearby community boat ramp. Ideal as a primary residence, second home or vacation rental!

Last Agent to Sell the Property

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807 Listed on: 12/17/2020

LONG & FOSTER CHINCOTEAGUE

Last Buyer's Agent

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807 Listed on: 12/17/2020

LONG & FOSTER CHINCOTEAGUE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1985

Lot Details

  • 10,454 Sq Ft Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Beach House
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,337 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Dining Room
  • Screened Porch
  • Water Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • Open Parking

Outdoor Features

  • Water Access
  • Deck

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank

Community Details

  • Obi Association
  • Oyster Bay Subdivision

Listing and Financial Details

  • Tax Lot 116
  • $225,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,290

Year Built

Built in 1985

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 0.24
  • Water Body Name: Oyster Bay
  • Subdivision Name: Oyster Bay
  • Directions: From the bridge go straight. Turn right onto Deep Hole Rd. Continue on Deep Hole Rd to the end and turn left onto Hibiscus. The house is on the left
  • Architectural Style: Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1985
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Washer, Dryer, Refrigerator, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Pergo
  • Interior Amenities: Vaulted Ceiling(s), 1st Floor Bedroom, Dining Room
  • Living Area: 1337
  • Dining Room Features: Dining Room

Exterior Features

  • Lot Features: <.5 acre +/-
  • View: Water
  • View: Yes
  • Waterfront Features: Water Access, Water Access-Private
  • Disclosures: HOA Disclosure
  • Construction Type: Aluminum Siding, Panel
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Screened, Porch
  • Property Condition: 30-50 yrs +/-
  • Roof: Composition

Garage/Parking

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

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Amenities
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: OBI
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1290.5
  • Tax Book Number: 0491 00258
  • Tax Lot: 116
  • Tax Map Number: 31B1-6-116
  • Tax Other Annual Assessment Amount: 225000

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Sold $253,500 -12.6% $190 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $289,900 -- $217 / 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 $1,231 $321,400 $130,000 $191,400
2024 $1,231 $321,400 $130,000 $191,400
2023 $1,221 $262,600 $130,000 $132,600
2022 $1,221 $262,600 $130,000 $132,600
2021 $1,080 $225,000 $130,000 $95,000
2020 $1,080 $225,000 $130,000 $95,000
2019 $1,047 $218,100 $130,000 $88,100
2018 $1,047 $218,100 $130,000 $88,100
2017 $1,098 $224,000 $135,000 $89,000
2016 $1,098 $224,000 $135,000 $89,000
2015 $1,102 $224,800 $135,000 $89,800
2014 $1,102 $224,800 $135,000 $89,800
2013 -- $227,600 $135,000 $92,600
Source: Public Records

Agents Affiliated with this Home

  • Meghan Oliver Clarkson

    Seller's Agent in 2021

    Meghan Oliver Clarkson

    LONG & FOSTER CHINCOTEAGUE

    (757) 894-0798

    291 in this area

    691 Total Sales

    Meghan Oliver Clarkson
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 52978

APN: 031-B1-06-00-0116-00

Virginia Accomack County Chincoteague Island 23336 Chincoteague

5266 Hibiscus Dr, Chincoteague Island, VA

This home is located at 5266 Hibiscus Dr, Chincoteague Island, VA 23336 since 17 December 2020 and is currently estimated at $435,534, approximately $325 per square foot. This property was built in 1985. 5266 Hibiscus Dr is a home located in Accomack County with nearby schools including Chincoteague Elementary School, Chincoteague High School, and Lighthouse Christian Academy.

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