NOT LISTED FOR SALE

5409 Miflins Marsh Rd Chincoteague, VA 23336

Estimated Value: $676,603 - $683,000

3 Beds
2 Baths
1,680 Sq Ft
$405/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $349,900 $208 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,776/month

355 Days on Market

Highlights

  • Spa
  • 4.16 Acre Lot
  • Deck
  • Waterfront
  • Fireplace in Bedroom
  • Beach House

About This Home

As of February 2019

Stunning furnished, turnkey property with rental history. Custom built 3-story home located on a private 4.158-acre lot that includes a large parcel of habitat and ownership of 858 feet of the canal teeming with wildlife. Interior walls insulated for acoustics and privacy. Framed with 2”x6” exterior walls, with premium insulated windows and doors, cedar siding and 30-year metal roofing. Convenient and relaxing 14'x14' covered entry porch, 12'x32' open deck, 8'x15' enclosed 3-season porch, and 13'x12'10” third-floor loft. Master suite on the second floor has a fireplace, private balcony, and master bath with whirlpool tub and separate shower.

Last Buyer's Agent

Terri Rose

DOCKSIDE PROPERTIES License #0225064769

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 4.16 Acre Lot
  • Waterfront

HOA Fees

  • $25 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,680 Sq Ft Home
  • 3-Story Property
  • Sheet Rock Walls or Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Water Views

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Pine Flooring
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Bedroom
  • 2 Full Bathrooms
  • Spa Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Security Lights
  • Fire and Smoke Detector

Parking

  • Carport
  • Driveway
  • Open Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Spa
  • Water Access
  • Deck
  • Enclosed Patio or Porch
  • Separate Outdoor Workshop

Schools

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

Utilities

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

Community Details

  • Ob1 Association
  • Oyster Bay Subdivision

Listing and Financial Details

  • Tax Lot 3
  • $435,300 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.158
  • Lot Size: 4.158
  • Water Body Name: Canal
  • Subdivision Name: Oyster Bay
  • Directions: From the bridge, continue straight on Maddox Boulevard, then turn left onto Deep Hole Road. Turn left onto Hibiscus Drive, then turn left onto Miflins Marsh Road. The home on the right at the end of the street is 5409.
  • Architectural Style: Beach House
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1998
  • Kitchen Level: First
  • RoomBedroom1Level: Second
  • Special Features: None
  • Stories: 3

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Range, Microwave, Dishwasher, Refrigerator, Range Hood, Washer, Dryer
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Entry Location: First
  • Fireplace Features: Multi Fireplaces, Living Room, Family Room, Bedroom
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Pine
  • Interior Amenities: Great Room, Cathedral Ceiling(s), 1st Floor Bedroom, Dining Room
  • Living Area: 1680
  • Window Features: Window Treatments, Double Pane Windows
  • Room Bedroom2 Level: First
  • Dining Room Features: Dining Room
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom3 Area: 82.6667
  • Room Bedroom2 Area: 113.3333
  • Room Living Room Area: 266.3333
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 116
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 84.3333
  • Room Family Room Area: 200

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Burglar Alarm, Smoke Detector(s), Security Lights
  • Cooling: Heat Pump, Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Amps: 200
  • Sewer: Septic Tank
  • Utilities: Cable Connected

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association Name: OB1
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 181122.48
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 742 782
  • Tax Lot: 3
  • Tax Map Number: 31B2-9-3
  • Tax Other Annual Assessment Amount: 435300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2018
Closed on
Jan 16, 2019
Sold by
Kavanah David J and Kavanah Sharon L
Bought by
Cahill John
Buyer's Agent
Terri Rose
DOCKSIDE PROPERTIES
List Price
$449,900
Sold Price
$349,900
Premium/Discount to List
-$100,000
-22.23%
Current Estimated Value
$679,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,968
Avg. Annual Appreciation
10.25%
Original Mortgage
$279,920
Outstanding Balance
$245,604
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$434,264
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
Cahill John $349,900 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cahill John $279,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $349,900 -22.2% $208 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
02/24/2018 02/24/18 For Sale $449,900 -- $268 / 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 $2,102 $548,800 $161,600 $387,200
2024 $2,102 $548,800 $161,600 $387,200
2023 $2,073 $445,800 $161,600 $284,200
2022 $2,073 $445,800 $161,600 $284,200
2021 $1,758 $366,200 $161,600 $204,600
2020 $1,758 $366,200 $161,600 $204,600
2019 $2,089 $435,300 $246,600 $188,700
2018 $2,089 $435,300 $246,600 $188,700
2017 $2,180 $444,800 $255,100 $189,700
2016 $2,180 $444,800 $255,100 $189,700
2015 $2,253 $459,700 $269,100 $190,600
2014 $2,250 $458,500 $269,100 $189,400
2013 -- $463,100 $269,100 $194,000
Source: Public Records

Agents Affiliated with this Home

  • Terri Rose

    Buyer's Agent in 2019

    Terri Rose

    DOCKSIDE PROPERTIES

    (757) 894-2565

    28 in this area

    73 Total Sales

    Terri Rose
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 47137

APN: 031-B2-09-00-0003-00

Virginia Accomack County Chincoteague 23336

5409 Miflins Marsh Rd, Chincoteague, VA

Not Listed for Sale

Detached

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