$310,000
SOLD AUG 12, 2020

5357 Cedar Dr Chincoteague Island, VA 23336

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

Recently Sold

$215 Per Sq Ft

6% Below List Price

144 Days on Market

Highlights

  • Water Access
  • No HOA
  • Double Pane Windows
  • Beach House
  • Separate Outdoor Workshop
  • Bar

About This Home

As of May 2023

We cannot begin to tell you how great this home is! Everything that has to do with this home has been renovated. The exterior features new roof, siding and windows as well as not 1 but 2 garages. Inside was tastefully done to offer a bright and airy coastal vibe with grey luxury vinyl plank flooring, a neutral paint with bright white trim throughout. The kitchen and bathrooms have been fully renovated with new cabinets, vanities, toilets and gorgeous granite counters. This property has endless possibilities as a residence, vacation home or vacation rental. Piney Island is one of the most sought after communities on Chincoteague Island offering great size lots and the easiest access to Assateague Island and our beaches. You don't want to miss your opportunity with this one!

Last Buyer's Agent

Angie Abell

BEACH BAY REALTY, LLC License #0225042782

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $945

Year Built

  • Built in 1975

Lot Details

  • 0.33 Acre Lot

Home Design

  • Beach House
  • Block Foundation
  • Composition Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Bar
  • Sheet Rock Walls or Ceilings
  • Double Pane Windows
  • Insulated Doors
  • Dining Room
  • Crawl Space

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Stone Driveway
  • Open Parking

Outdoor Features

  • Water Access
  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Piney Island Subdivision

Listing and Financial Details

  • Tax Lot 10D
  • $168,700 per year additional tax assessments

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$945

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Lot Size: .33
  • Water Body Name: Assateague Channel
  • Subdivision Name: Piney Island
  • Directions: Straight on Maddox from the bridge, go around the turn circle and turn right on Woodland Dr then right on Pine and left on Cedar the 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
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Range, Dishwasher, Washer, Microwave, Refrigerator, Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Storm Door(s)
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Dining Room
  • Living Area: 1440
  • Window Features: Double Pane Windows
  • Room Bedroom2 Level: First
  • Dining Room Features: Bar, Dining Room
  • Living Room Living Room Level: First
  • Room Bedroom3 Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: Water Access, Access To Water
  • Disclosures: Lead Paint Disclosure
  • Construction Type: Vinyl Siding, Sheetrock, Panel
  • Foundation Details: Crawl Space, Block
  • Other Structures: Shed/Barn, Workshop, Tool House
  • Property Condition: 30-50 yrs +/-
  • Roof: Composition

Garage/Parking

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

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Amps: 200
  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • 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: 14374.8
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 944.72
  • Tax Book Number: 1900 02808
  • Tax Lot: 10D
  • Tax Map Number: 31A-3-10D
  • Tax Other Annual Assessment Amount: 168700

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

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Range of Values:

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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
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

    305 in this area

    716 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: 51413

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 $310,000, approximately $215 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.

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