NOT LISTED FOR SALE

5424 Main St Chincoteague Island, VA 23336

Chincoteague Neighborhood

Estimated Value: $138,000 - $353,000

2 Beds
1 Bath
1,000 Sq Ft
$245/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $135,000 $135 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,390/month

251 Days on Market

Highlights

  • Home fronts a pond
  • Deck
  • No HOA
  • Creek or Stream View
  • Wood Flooring
  • Wood Siding

About This Home

As of January 2024

LOCATION LOCATION LOCATION. Waterviews and Nature abound with this Fixer Upper on a great lot with a new three-bedroom Septic installed. A great buy to fix up or Build your New Dream Home. I cannot wait to see how the next buyer transforms this property to maximize these gorgeous Chincoteague Natural Views. Enjoy the Quiet side of the island here!

Last Agent to Sell the Property

Angie Abell

BEACH BAY REALTY, LLC Brokerage Email: 7573363600, angie@beachbayrealty.com License #0225042782 Listed on: 04/04/2023

Last Buyer's Agent

Angie Abell

BEACH BAY REALTY, LLC Brokerage Email: 7573363600, angie@beachbayrealty.com License #0225042782 Listed on: 04/04/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $581

Year Built

  • Built in 1950

Lot Details

  • 0.42

Home Design

  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Wood Siding
  • Plaster

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Wood Flooring
  • Creek or Stream Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway
  • Open Parking

Schools

  • Chincoteague Elementary School
  • Chincoteague Combined Middle School

Utilities

  • No Cooling
  • No Heating
  • No Water Heater
  • Septic Tank

Additional Features

  • Deck
  • Home fronts a pond

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • $118,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$581

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: ..44
  • Water Body Name: Pond Front
  • Subdivision Name: Chincoteague
  • Directions: Entering the Island Turn Left on Main Street. Home will be on the right-hand side.
  • Architectural Style: Fixer Upper, Eastern Shore Style
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1950
  • Kitchen Level: First
  • RoomBedroom1Level: Second
  • Attribution Contact: 7573363600, angie@beachbayrealty.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: No Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: None
  • Living Area: 1000
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: <.5 acre +/-
  • View: Water, Creek/Stream
  • View: Yes
  • Waterfront Features: Pond Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Wood Siding, Sheetrock, Plaster
  • Foundation Details: Pillar/Post/Pier, Block
  • Patio And Porch Features: Deck
  • Property Condition: Fixer, 50-100 yrs +/-
  • Roof: Age Unknown

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Community

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

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

Lot Info

  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential

Tax Info

  • Tax Book Number: 2006/04103
  • Tax Lot: 0
  • Tax Map Number: 31B1-A-76A
  • Tax Other Annual Assessment Amount: 118000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Jan 4, 2024
Sold by
Cretella Diana
Bought by
Hales Kelly L
Seller's Agent
Angie Abell
BEACH BAY REALTY, LLC
Buyer's Agent
Angie Abell
BEACH BAY REALTY, LLC
List Price
$159,000
Sold Price
$135,000
Premium/Discount to List
-$24,000
-15.09%
Views
915
Current Estimated Value
$245,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,033
Avg. Annual Appreciation
46.86%

Purchase Details

Listed on
Sep 24, 2021
Closed on
Jul 13, 2022
Sold by
Volz Peter D
Bought by
Cretella Diana
Seller's Agent
Benjamin Clark
DOCKSIDE PROPERTIES
Buyer's Agent
Shawn Jennings
COLDWELL BANKER HARBOUR REALTY
List Price
$349,000
Sold Price
$240,000
Premium/Discount to List
-$109,000
-31.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-31.34%

Purchase Details

Closed on
Jan 1, 2006
Bought by
Volz Peter D and Gleason Keri L
Source: Public Records

Range of Values:

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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
Hales Kelly L $135,000 --
Cretella Diana $240,000 --
Volz Peter D -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $135,000 -15.1% $135 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $159,000 +17.8% $159 / Sq Ft
12/01/2023 12/01/23 Off Market $135,000 -- --
04/04/2023 04/04/23 For Sale $159,000 -33.8% $159 / Sq Ft
07/19/2022 07/19/22 Sold $240,000 -31.2% $150 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
09/25/2021 09/25/21 For Sale $349,000 -- $218 / 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 $581 $151,700 $110,900 $40,800
2023 $551 $118,500 $77,700 $40,800
2022 $551 $118,500 $77,700 $40,800
2021 $511 $106,400 $77,700 $28,700
2020 $511 $106,400 $77,700 $28,700
2019 $511 $106,400 $77,700 $28,700
2018 $511 $106,400 $77,700 $28,700
2017 $532 $108,500 $77,700 $30,800
2016 $532 $108,500 $77,700 $30,800
2015 $541 $110,500 $77,700 $32,800
2014 $541 $110,500 $77,700 $32,800
2013 -- $113,900 $77,700 $36,200
Source: Public Records

Agents Affiliated with this Home

  • Angie Abell

    Seller's Agent in 2024

    Angie Abell

    BEACH BAY REALTY, LLC

    (757) 710-1598

    192 in this area

    277 Total Sales

    Section Image
  • Benjamin Clark

    Seller's Agent in 2022

    Benjamin Clark

    DOCKSIDE PROPERTIES

    (757) 590-5432

    16 in this area

    42 Total Sales

    Section Image
  • Shawn Jennings

    Buyer's Agent in 2022

    Shawn Jennings

    COLDWELL BANKER HARBOUR REALTY

    (757) 336-1999

    142 in this area

    246 Total Sales

    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 57422

APN: 031-B1-A0-00-0076-A0

Virginia Accomack County Chincoteague Island 23336 Chincoteague

5424 Main St, Chincoteague Island, VA

This home is located at 5424 Main St, Chincoteague Island, VA 23336 since 04 April 2023 and is currently estimated at $244,913, approximately $244 per square foot. This property was built in 1950. 5424 Main St is a home located in Accomack County with nearby schools including Chincoteague Elementary School, Chincoteague High School, and Lighthouse Christian Academy.

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