NOT LISTED FOR SALE

5405 Miflins Marsh Rd Chincoteague, VA 23336

Estimated Value: $492,000 - $610,000

3 Beds
2 Baths
1,388 Sq Ft
$394/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $330,000 $238 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,823/month

46 Days on Market

Highlights

  • Home fronts a creek
  • Deck
  • Main Floor Bedroom
  • 3.41 Acre Lot
  • Contemporary Architecture
  • No HOA

About This Home

As of January 2021

Escape to Paradise! Nature calls at this secluded & cozy 3 bedroom, 2 bath coastal cottage located near the Oyster Bay community! It's nestled at the end of a private lane on a 3 plus acre conservation lot, offering spectacular views of the nearby creeks & marshlands. It's definitely a bird watcher's & nature lover's dream, w/ stunning views from every window inside. The deck & screened-in porch provide additional space for watching the migrating birds & abundant wildlife. It features an open concept floor plan, w/ a spacious living room, large kitchen/dining area, & breakfast bar. The home is on pilings, features an outside shower & additional under-home storage. Ideal as a primary residence, vacation home or investment property! Sold turn key w/ a successful rental history.

Last Agent to Sell the Property

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807 Listed on: 11/25/2020

LONG & FOSTER CHINCOTEAGUE

Last Buyer's Agent

Gladys Baczek

COLDWELL BANKER HARBOUR REALTY License #0225154451

COLDWELL BANKER HARBOUR REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,553

Year Built

  • Built in 1992

Lot Details

  • 3.41 Acre Lot
  • Home fronts a creek

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Beach House
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,388 Sq Ft Home
  • 2-Story Property
  • Bar
  • Sheet Rock Walls or Ceilings
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

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
  • Ob I Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 1
  • $281,400 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,553

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.409
  • Lot Size: 3.409
  • Water Body Name: Creek
  • Subdivision Name: Chincoteague
  • Directions: From the bridge, continue on to Maddox, turn left on Deep Hole Rd. Follow all the way to Oyster Bays Entrance. Miflin is directly to the left of the entrance . Follow to the end. Home is on the left
  • Architectural Style: Contemporary, Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1992
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • 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
  • Interior Amenities: 1st Floor Bedroom, Walk-In Closet(s)
  • Living Area: 1388
  • Room Bedroom2 Level: Second
  • Dining Room Features: Bar, Eat-in Kitchen
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 150
  • Room Bedroom2 Area: 135
  • Room Living Room Area: 180
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 180

Exterior Features

  • Lot Features: 2-4.9 acres +/-
  • Waterfront Features: Water Front, Creek Front, Shallow Depth, Waterfront
  • Waterfront: Yes
  • Construction Type: Wood Siding, Other, Sheetrock
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Screened
  • Property Condition: 15-30 yrs +/-
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • 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 I
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 148496.04
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1553
  • Tax Book Number: 0647 00825
  • Tax Lot: 1
  • Tax Map Number: 31B2-9-1
  • Tax Other Annual Assessment Amount: 281400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Dec 2, 2020
Sold by
Wasilko Ronald C and Wasilko Roberta A
Bought by
Smith Christopher S and Smith Stacy L
Seller's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
Buyer's Agent
Gladys Baczek
COLDWELL BANKER HARBOUR REALTY
List Price
$320,000
Sold Price
$330,000
Premium/Discount to List
$10,000
3.12%
Current Estimated Value
$511,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,047
Avg. Annual Appreciation
10.82%
Original Mortgage
$264,000
Interest Rate
2.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Smith Christopher S $330,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Christopher S $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $330,000 +3.1% $238 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
11/26/2020 11/26/20 For Sale $320,000 -- $231 / 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 $1,619 $422,600 $120,600 $302,000
2024 $1,619 $422,600 $120,600 $302,000
2023 $1,603 $344,700 $120,600 $224,100
2022 $1,603 $344,700 $120,600 $224,100
2021 $1,351 $281,400 $120,600 $160,800
2020 $1,351 $281,400 $120,600 $160,800
2019 $1,292 $269,200 $120,600 $148,600
2018 $1,292 $269,200 $120,600 $148,600
2017 $1,324 $270,200 $120,600 $149,600
2016 $1,324 $270,200 $120,600 $149,600
2015 $1,328 $271,000 $120,600 $150,400
2014 $1,328 $271,000 $120,600 $150,400
2013 -- $275,100 $120,600 $154,500
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

    279 in this area

    666 Total Sales

    Meghan Oliver Clarkson
    Section Image
  • Gladys Baczek

    Buyer's Agent in 2021

    Gladys Baczek

    COLDWELL BANKER HARBOUR REALTY

    (757) 894-0098

    33 in this area

    38 Total Sales

    Gladys Baczek
    Section Image
See All Agents

Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 52909

APN: 031-B2-09-00-0001-00

Virginia Accomack County Chincoteague 23336

5405 Miflins Marsh Rd, Chincoteague, VA

Not Listed for Sale

Detached

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