NOT LISTED FOR SALE

5401 Deep Hole Rd Chincoteague Island, VA 23336

Estimated Value: $293,000 - $354,000

2 Beds
1 Bath
662 Sq Ft
$485/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $300,000 $453 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,755/month

1 Day on Market

Highlights

  • Water Views
  • A-Frame Home
  • 1 Car Detached Garage
  • Water Access
  • No HOA
  • Cooling Available

About This Home

As of May 2024

This home is cute as a button. Living room, kitchen, two bedrooms, bathroom, front porch. Nice a bright features within. New flooring and hot water heater in the last two years. Enjoy the breeze from the waterviews from across the street. Well maintain and in great shape. Currently used as a vacation home. But would be a great vacation rental or full time residence. Just around the corner from a public boat ramp. Small garage and shed also on site. Most furniture can convey with home.

Last Agent to Sell the Property

Bob Faith

DOCKSIDE PROPERTIES Brokerage Phone: 7573363200 License #0225091052 Listed on: 04/30/2024

Last Buyer's Agent

Angie Abell

BEACH BAY REALTY, LLC License #0225042782

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 6,534

Parking

  • 1 Car Detached Garage
  • Driveway
  • Open Parking

Home Design

  • A-Frame Home
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 662 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Additional Features

  • Water Access
  • 6,534 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 39
  • $214,200 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: .15
  • Water Body Name: Assateague Channel
  • Subdivision Name: Chincoteague
  • Directions: From drawbridge stay straight on Maddox Blvd. Left on Deep Hole Rd. On left.
  • Architectural Style: A-Frame
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1965
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 662

Exterior Features

  • Lot Features: <.5 acre +/-
  • View: Water
  • View: Yes
  • Waterfront Features: Water Access-Public
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space, Block
  • Property Condition: 50-100 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Garage, One Car, Detached, Natural Driveway
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • 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: 6534
  • Farm Land Area Units: Square Feet

Tax Info

  • Tax Book Number: 2006 7278
  • Tax Lot: 39
  • Tax Map Number: 31B2-A-39
  • Tax Other Annual Assessment Amount: 214200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
May 21, 2024
Sold by
Rickard John W
Bought by
Barnes Jennifer S
Seller's Agent
Bob Faith
DOCKSIDE PROPERTIES
Buyer's Agent
Angie Abell
BEACH BAY REALTY, LLC
List Price
$309,900
Sold Price
$300,000
Premium/Discount to List
-$9,900
-3.19%
Views
26
Current Estimated Value
$320,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,827
Avg. Annual Appreciation
4.55%
Original Mortgage
$100,000
Outstanding Balance
$91,489
Interest Rate
0.63%
Mortgage Type
Construction
Estimated Equity
$229,338

Purchase Details

Closed on
Jan 1, 2006
Bought by
Rickard John W and Rickard Susan C D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barnes Jennifer S $300,000 --
Rickard John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Jennifer S $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $300,000 -3.2% $453 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $309,900 -- $468 / 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 $820 $214,200 $81,700 $132,500
2024 $820 $214,200 $81,700 $132,500
2023 $693 $149,000 $57,200 $91,800
2022 $693 $149,000 $57,200 $91,800
2021 $589 $122,800 $57,200 $65,600
2020 $589 $122,800 $57,200 $65,600
2019 $565 $117,800 $57,200 $60,600
2018 $565 $117,800 $57,200 $60,600
2017 $579 $118,200 $57,200 $61,000
2016 $579 $118,200 $57,200 $61,000
2015 $581 $118,500 $57,200 $61,300
2014 $581 $118,500 $57,200 $61,300
2013 -- $112,200 $57,200 $55,000
Source: Public Records

Agents Affiliated with this Home

  • Bob Faith

    Seller's Agent in 2024

    Bob Faith

    DOCKSIDE PROPERTIES

    (757) 894-1479

    50 in this area

    661 Total Sales

    Bob Faith
    Section Image
  • Angie Abell

    Buyer's Agent in 2024

    Angie Abell

    BEACH BAY REALTY, LLC

    (757) 710-1598

    192 in this area

    267 Total Sales

    Angie Abell
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 60432

APN: 031-B2-A0-00-0039-00

Virginia Accomack County Chincoteague Island 23336

5401 Deep Hole Rd, Chincoteague Island, VA

Not Listed for Sale

Detached

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