NOT LISTED FOR SALE

Estimated Value: $596,000 - $665,000

3 Beds
1 Bath
1,189 Sq Ft
$524/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $581,000 $489 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,629/month

15 Days on Market

Highlights

  • Waterfront
  • Cathedral Ceiling
  • Separate Outdoor Workshop
  • Contemporary Architecture
  • Screened Porch
  • Eat-In Kitchen

About This Home

As of May 2023

Waterfront home in the desirable Oyster Bay I community! This gorgeous 3 bedroom +bonus room, 1 bath coastal-style Chincoteague home is situated on close to 1/3 acre. It lies in a quiet area of Oyster Bay & gives the opportunity for expansion! It offers spectacular views from the screened-in porch, perfect for watching the colorful sunrises over Little Oyster Bay! This canal-front home has so much potential and features a spacious living room w/cathedral ceiling, dining area, stainless appliances, and a laundry room. The home is on pilings and also includes an outside shower, under home storage area, and a community boat ramp which is only a stone's throw away. Ideal as a primary 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: 03/23/2023

LONG & FOSTER CHINCOTEAGUE

Last Buyer's Agent

Shawn Jennings

COLDWELL BANKER HARBOUR REALTY License #0225077517

COLDWELL BANKER HARBOUR REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,868

Year Built

  • Built in 1971

Lot Details

  • 0.3 Acre Lot
  • Waterfront

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,189 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Window Treatments
  • Screened Porch
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Driveway
  • Open Parking

Outdoor Features

  • Seawall
  • Separate Outdoor Workshop

Schools

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

Utilities

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

Community Details

  • Oystrbay1 Association
  • Oyster Bay Subdivision

Listing and Financial Details

  • Tax Lot 7
  • $342,500 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,868

Year Built

Built in 1971

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3015
  • Lot Size: .3015
  • Water Body Name: Canal Front
  • Subdivision Name: Oyster Bay
  • Directions: Head southeast on Chincoteague Rd toward MainSt. Continue onto Maddox Blvd. Turn left onto Deep Hole Rd.Turn left to stay on Deep Hole Rd. Turn left onto Hibiscus Dr.Turn right onto Holly Ct. Destination will be on the left.
  • Architectural Style: Ranch, Contemporary
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1971
  • Attribution Contact: 7573365100
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), 1st Floor Bedroom
  • Living Area: 1189
  • Window Features: Window Treatments
  • Dining Room Features: Eat-in Kitchen

Exterior Features

  • Lot Features: <.5 acre +/-
  • View: Water
  • View: Yes
  • Waterfront Features: Water Front, Waterfront, Seawall
  • Waterfront: Yes
  • Disclosures: HOA Disclosure, Lead Paint Disclosure
  • Construction Type: Wood Siding, Panel, See Remarks
  • Exterior Features: Bulk Head
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Workshop
  • Patio And Porch Features: Screened, Porch
  • Property Condition: 50-100 yrs +/-
  • Roof: Composition, Age Unknown

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: OystrBay1
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 13133.34
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1868
  • Tax Book Number: 0399 00218
  • Tax Lot: 7
  • Tax Map Number: 31B1-10-7
  • Tax Other Annual Assessment Amount: 342500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Apr 12, 2023
Sold by
Constance Elaine Lewis
Bought by
Kingsland Harald
Seller's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
Buyer's Agent
Shawn Jennings
COLDWELL BANKER HARBOUR REALTY
List Price
$575,000
Sold Price
$581,000
Premium/Discount to List
$6,000
1.04%
Views
159
Current Estimated Value
$622,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,908
Avg. Annual Appreciation
3.44%
Original Mortgage
$250,000
Interest Rate
6.63%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Kingsland Harald $581,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kingsland Harald $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $581,000 +1.0% $489 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $575,000 -- $484 / 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 $1,550 $404,800 $215,000 $189,800
2023 $1,593 $342,500 $215,000 $127,500
2022 $1,593 $342,500 $215,000 $127,500
2021 $1,462 $304,600 $215,000 $89,600
2020 $1,462 $304,600 $215,000 $89,600
2019 $1,434 $298,700 $215,000 $83,700
2018 $1,434 $298,700 $215,000 $83,700
2017 $1,513 $308,800 $223,500 $85,300
2016 $1,507 $307,500 $223,500 $84,000
2015 $1,583 $323,000 $237,500 $85,500
2014 $1,583 $323,000 $237,500 $85,500
2013 -- $326,800 $237,500 $89,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 57343

APN: 031-B1-10-00-0007-00