$440,000
SOLD MAY 25, 2023

5357 Cedar Dr Chincoteague Island, VA 23336

Chincoteague Neighborhood
3 Beds
2 Baths
1,440 Sq Ft
0.36 Acres

Recently Sold

$306 Per Sq Ft

9% Below List Price

27 Days on Market

Highlights

  • Water Access
  • No HOA
  • 1 Car Detached Garage
  • Beach House
  • Separate Outdoor Workshop
  • Cooling Available

About This Home

As of May 2023

Completely Renovated Island Beauty located in the Piney Island development. The sandy beach on Assateague Island is just 2.1 miles away! You'll love this 3 bedroom, 2 bath rancher home situated on 1/3 acre! This home has had so many improvements! The roof, LVP flooring, siding, windows, cabinets, & vanities, have all been replaced within the past few years! It features a bright coastal interior w/ a spacious living room, dining room, kitchen w/ granite countertops, stainless appliances, a large sunroom/family room w/ abundant windows, & a private backyard. There is a single detached garage for storage & additional detached garage with workshop & 2nd floor studio. This property has endless possibilities as a year-round residence, vacation home, or investment property. Sold furnished!

Last Agent to Sell the Property

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE Brokerage Phone: 7573365100 License #0225085807 Listed on: 03/22/2023

LONG & FOSTER CHINCOTEAGUE

Last Buyer's Agent

Lea Anna Bailey

Seaside Vacation & Sales License #0225257824

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,286

Year Built

  • Built in 1975

Lot Details

  • 0.36 Acre Lot
  • Fenced

Parking

  • 1 Car Detached Garage
  • Carport

Home Design

  • Beach House
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Window Treatments
  • Insulated Doors
  • Dining Room
  • Crawl Space

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Water Access
  • Patio
  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Piney Island Subdivision

Listing and Financial Details

  • Tax Lot 10D
  • $236,000 per year additional tax assessments

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,286

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3592
  • Lot Size: .3592
  • Water Body Name: Assateague Channel
  • Subdivision Name: Piney Island
  • Directions: Straight on Maddox from the bridge, go around the circle and turn right on Woodland Dr then right on Pine and left on Cedar. House is on the left.
  • Architectural Style: Ranch, Beach House, Modular
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Modular
  • Year Built: 1975
  • Attribution Contact: 7573365100
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Storm Door(s)
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Other
  • Interior Amenities: 1st Floor Bedroom, Dining Room
  • Living Area: 1440
  • Window Features: Window Treatments
  • Dining Room Features: Dining Area

Exterior Features

  • Fencing: Fenced
  • Lot Features: <.5 acre +/-
  • Waterfront Features: Water Access, Access To Water
  • Construction Type: Vinyl Siding, Sheetrock, Panel
  • Foundation Details: Crawl Space, Block
  • Other Structures: Shed/Barn, Workshop
  • Patio And Porch Features: Patio
  • Property Condition: 30-50 yrs +/-
  • Roof: Composition, Age 0-9 yrs +/-

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage, Carport, One Car, Detached
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 15646.752
  • Farm Land Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1286
  • Tax Book Number: 2000 03045
  • Tax Lot: 10D
  • Tax Map Number: 31A-3-10D
  • Tax Other Annual Assessment Amount: 236000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
May 12, 2023
Sold by
Chris Butler Denise Peterson
Bought by
Fitchett Judson
Seller's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
Buyer's Agent
Lea Anna Bailey
Seaside Vacation & Sales
List Price
$485,000
Sold Price
$440,000
Premium/Discount to List
-$45,000
-9.28%
Views
167
Current Estimated Value
$476,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,200
Avg. Annual Appreciation
3.78%
Original Mortgage
$440,000
Outstanding Balance
$430,159
Interest Rate
6.43%
Mortgage Type
Construction
Estimated Equity
$46,041

Purchase Details

Listed on
Mar 19, 2020
Closed on
Jul 31, 2020
Sold by
Balasus Gregory A and Balasus Laura C
Bought by
Butler Kenneth W
Buyer's Agent
Angie Abell
BEACH BAY REALTY, LLC
List Price
$329,900
Sold Price
$310,000
Premium/Discount to List
-$19,900
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%
Original Mortgage
$157,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2019
Closed on
Jul 11, 2019
Sold by
Frank Gibson
Bought by
Balasus Gregory A and Balasus Laura C
Seller's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.74%
Original Mortgage
$124,000
Interest Rate
3.8%
Mortgage Type
New Conventional
Source: Public Records

Similar Home in Chincoteague Island, VA

  • 3452 Willow St, Chincoteague Island, VA 23336

    $384,000

    • 3 Beds
    • 2 Baths
    • 1,150 Sq Ft
    • 3452 Willow St
    • Chincoteague Island, VA

    Hi Folks.Just an easy to own home on Willow St just behind the Fairgrounds where the world famous pony auction occurs. Three bedroom two bath split floor plan. All open space. New HVAC. One car attached garage. Large level lot. Concrete circular driveway for ease of access and egress. Wonderful full width front porch. Rear sunroom. Maintenance free exterior. All offers warmly welcomed and

    Rico DiMattia Rico Realty, LLC

    Section Image
See All Homes in Chincoteague Island

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deed $440,000 --
Grant Deed $310,000 Attorney Only
Grant Deed $155,000 A & N Title & Settlement
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 Construction
Previous Owner $157,500 New Conventional
Previous Owner $124,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $440,000 -2.0% $306 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/11/2023 04/11/23 Price Changed $449,000 -7.4% $312 / Sq Ft
03/23/2023 03/23/23 For Sale $485,000 +56.5% $337 / Sq Ft
08/12/2020 08/12/20 Sold $310,000 -6.0% $215 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $329,900 +112.8% $229 / Sq Ft
07/29/2019 07/29/19 Sold $155,000 0.0% $120 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
05/25/2019 05/25/19 For Sale $155,000 -- $120 / 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 $1,362 $355,500 $96,600 $258,900
2023 $1,097 $236,000 $72,400 $163,600
2022 $1,097 $236,000 $72,400 $163,600
2021 $810 $168,700 $72,400 $96,300
2020 $810 $168,700 $72,400 $96,300
2019 $852 $177,400 $72,400 $105,000
2018 $852 $177,400 $72,400 $105,000
2017 $875 $178,500 $72,400 $106,100
2016 $875 $178,500 $72,400 $106,100
2015 $881 $179,700 $72,400 $107,300
2014 $881 $179,700 $72,400 $107,300
2013 -- $183,300 $72,400 $110,900
Source: Public Records

Agents Affiliated with this Home

  • Meghan Oliver Clarkson

    Seller's Agent in 2023

    Meghan Oliver Clarkson

    LONG & FOSTER CHINCOTEAGUE

    (757) 894-0798

    304 in this area

    715 Total Sales

    Meghan Oliver Clarkson
    Section Image

  • L

    Buyer's Agent in 2023

    Lea Anna Bailey

    Seaside Vacation & Sales

    (757) 894-1231

    1 in this area

    6 Total Sales

    Lea Anna Bailey
    Section Image
  • Angie Abell

    Buyer's Agent in 2020

    Angie Abell

    BEACH BAY REALTY, LLC

    (757) 710-1598

    196 in this area

    279 Total Sales

    Angie Abell
    Section Image
See All Agents

Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 57342

APN: 031-A0-03-00-0010-D0

Virginia Accomack County Chincoteague Island 23336 Chincoteague

5357 Cedar Dr, Chincoteague Island, VA

This home is located at 5357 Cedar Dr, Chincoteague Island, VA 23336 and is currently priced at $440,000, approximately $305 per square foot. This property was built in 1975. 5357 Cedar Dr is a home located in Accomack County with nearby schools including Chincoteague Elementary School, Chincoteague High School, and Lighthouse Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes