$300,000
PENDING $125K PRICE DROP

5291 Pine Tree Way Chincoteague Island, VA 23336

Estimated payment $1,657/month

Total Views 22,714
3 Beds
2 Baths
1,306 Sq Ft
$230 Price per Sq Ft

Highlights

  • Water Access
  • No HOA
  • Cooling Available
  • Home fronts a pond
  • Enclosed Patio or Porch
  • Garage

About This Home

Great corner location in Oyster Bay Community. This is a well established community off the northern end of Chincoteague Island. The entire community sits on 48 Acres with two ponds and over 5 Acres of Community property, Home offers a great space to make your own. Interior pictures to come soon!

Listing Agent

Terri Rose

DOCKSIDE PROPERTIES Brokerage Phone: 7573363200 License #0225064769 Listed on: 08/28/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $879

Year Built

  • Built in 1973

Lot Details

  • 0.32 Acre Lot
  • Home fronts a pond

Parking

  • Garage

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,306 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Ob II Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 278
  • $229,600 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$879

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Lot Size: .32
  • Road Surface Type: PAVED
  • Water Body Name: None
  • Subdivision Name: Chincoteague
  • Directions: From the Bridge Left on Main Street, to right on Hibiscus to left on Pine Tree, home is on the right
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1973
  • Attribution Contact: 7573363200
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Other
  • Living Area: 1306

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: Pond Front, Water Access-Public, Other-See Remarks
  • Waterfront: Yes
  • Disclosures: HOA Disclosure
  • Construction Type: Wood Siding, Sheetrock
  • Foundation Details: Block
  • Patio And Porch Features: Enclosed
  • Property Condition: 30-50 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Name: OB II
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 13939.2
  • Farm Land Area Units: Square Feet

Tax Info

  • Tax Book Number: 2300 00108
  • Tax Lot: 278
  • Tax Map Number: 31B1-3-278
  • Tax Other Annual Assessment Amount: 229600

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $879 $229,600 $86,700 $142,900
2024 $879 $229,600 $86,700 $142,900
2023 $774 $166,500 $65,000 $101,500
2022 $774 $166,500 $65,000 $101,500
2021 $660 $137,400 $65,000 $72,400
2020 $660 $137,400 $65,000 $72,400
2019 $640 $133,300 $65,000 $68,300
2018 $640 $133,300 $65,000 $68,300
2017 $661 $134,800 $65,000 $69,800
2016 $661 $134,800 $65,000 $69,800
2015 $67 $136,100 $65,000 $71,100
2014 $667 $136,100 $65,000 $71,100
2013 -- $141,800 $67,500 $74,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $300,000 0.0% $230 / Sq Ft
03/01/2025 03/01/25 Off Market $300,000 -- --
11/07/2024 11/07/24 Price Changed $300,000 -29.4% $230 / Sq Ft
08/28/2024 08/28/24 For Sale $425,000 -- $325 / Sq Ft
Source: Eastern Shore Association of REALTORS®

Source: Eastern Shore Association of REALTORS®

MLS Number: 62082

APN: 031-B1-03-00-0278-00