Seller's Agent in 2023
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
(757) 894-0798
279 in this area
666 Total Sales
5410 Main St Chincoteague Island, VA 23336
Estimated Value: $358,000 - $452,000
2
Beds
2
Baths
1,050
Sq Ft
$388/Sq Ft
Est. Value
Highlights
- Water Views
- Deck
- No HOA
- Home fronts a pond
- Beach House
- Porch
About This Home
As of February 2023Totally Renovated Coastal Cottage, plus an EXTRA building lot located on the north end of the Island w/ waterviews! This 2 bed, 2 bath cottage was taken down to the studs & put back together w/ all new plumbing, electrical & framing! The only thing left of the original home is a ceiling. It is situated within close proximity to restaurants, shops, beaches & public parks! It features a spacious living rm, gorgeous LVP flooring, eat-in kitchen & lots of windows for natural light. One of the bathrooms also feature a laundry space & is equipped w/ a new stainless HE washer/dryer. Upstairs hosts a primary suite & 2nd bedroom. There is a deck & covered porch that is perfect for entertaining, watching the sunsets & relaxing. The large backyard has a pond for endless hours of nature watching!
Last Agent to Sell the Property
LONG & FOSTER CHINCOTEAGUE Brokerage Phone: 7573365100 License #0225085807 Listed on: 08/14/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $756
Year Built
- Built in 1945
Lot Details
- 9,158 Sq Ft Lot
- Home fronts a pond
Home Design
- Beach House
- Bungalow
- Composition Roof
Interior Spaces
- 1,050 Sq Ft Home
- 2-Story Property
- Sheet Rock Walls or Ceilings
- Insulated Doors
- Water Views
- Crawl Space
Kitchen
- Eat-In Kitchen
- Range with Range Hood
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- No Garage
- Stone Driveway
- Open Parking
Outdoor Features
- Deck
- Porch
Schools
- Chincoteague Elementary School
- Chincoteague Combined Middle School
- Chincoteague High School
Utilities
- Cooling Available
- Heat Pump System
- Gas Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Chincoteague Subdivision
Listing and Financial Details
- Tax Lot 73/74
- $141,400 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2022
Closed on
Feb 6, 2023
Sold by
Stewart William R and Stewart Sandra J
Bought by
Roth Michael S
Seller's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
Buyer's Agent
Shawn Jennings
COLDWELL BANKER HARBOUR REALTY
List Price
$415,000
Sold Price
$385,000
Premium/Discount to List
-$30,000
-7.23%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,907
Avg. Annual Appreciation
2.09%
Original Mortgage
$346,500
Outstanding Balance
$335,490
Interest Rate
6.26%
Mortgage Type
Construction
Estimated Equity
$72,417
Purchase Details
Closed on
Oct 28, 2020
Sold by
Turner Phillip M
Bought by
Stewart William R
Purchase Details
Closed on
Jan 1, 2001
Bought by
Merritt Raymond
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Roth Michael S | $385,000 | -- | |
| Stewart William R | $101,500 | Attorney Only | |
| Merritt Raymond | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Roth Michael S | $346,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/17/2023 02/17/23 | Sold | $385,000 | -7.2% | $367 / Sq Ft |
| 01/21/2023 01/21/23 | Pending | -- | -- | -- |
| 08/14/2022 08/14/22 | For Sale | $415,000 | -- | $395 / Sq Ft |
Source: Eastern Shore Association of REALTORS®
Tax History Compared to Growth
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 | $1,237 | $323,000 | $82,100 | $240,900 |
| 2024 | $1,237 | $323,000 | $82,100 | $240,900 |
| 2023 | $1,031 | $221,700 | $57,500 | $164,200 |
| 2022 | $465 | $100,000 | $57,500 | $42,500 |
| 2021 | $420 | $87,600 | $57,500 | $30,100 |
| 2020 | $420 | $87,600 | $57,500 | $30,100 |
| 2019 | $420 | $87,500 | $57,500 | $30,000 |
| 2018 | $420 | $87,500 | $57,500 | $30,000 |
| 2017 | $440 | $89,800 | $57,500 | $32,300 |
| 2016 | $440 | $89,800 | $57,500 | $32,300 |
| 2015 | $45 | $91,900 | $57,500 | $34,400 |
| 2014 | $450 | $91,900 | $57,500 | $34,400 |
| 2013 | -- | $94,900 | $57,500 | $37,400 |
Source: Public Records
Agents Affiliated with this Home
-
Meghan Oliver Clarkson
-
Shawn Jennings
Buyer's Agent in 2023
Shawn Jennings
COLDWELL BANKER HARBOUR REALTY
(757) 336-1999
127 in this area
223 Total Sales
Map
Source: Eastern Shore Association of REALTORS®
MLS Number: 56399
APN: 031-B1-A0-00-0073-00
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