NOT LISTED FOR SALE

5498 Warren St Chincoteague Island, VA 23336

Estimated Value: $683,000 - $838,000

3 Beds
2 Baths
1,864 Sq Ft
$402/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $475,000 $255 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,133/month

186 Days on Market

Highlights

  • Pier or Dock
  • Deck
  • Vaulted Ceiling
  • Waterfront
  • Wood Burning Stove
  • Beach House

About This Home

As of February 2020

Here is a custom built waterfront home on Chincoteague Island. This house is full of natural light and large open space with one level living. The main floor features a spacious great room with tall vaulted ceilings, a wood stove , tile floors and a lot of windows. There are 3 bedrooms and 2 bathrooms plenty of closets and laundry on the main level as well. The second floor is a huge loft great for the overflow of family and guests. The rear of the house offers large open and screened decks overlooking the water. This home has a brand new bulk head with boat dock and new HVAC.

Last Buyer's Agent

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807

LONG & FOSTER CHINCOTEAGUE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,094

Year Built

  • Built in 2003

Lot Details

  • 10,454 Sq Ft Lot
  • Waterfront

Home Design

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

Interior Spaces

  • 1,864 Sq Ft Home
  • 2-Story Property
  • Bar
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Wood Burning Stove
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Screened Porch

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Driveway
  • Open Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Seawall
  • Deck

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
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 14
  • $373,900 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Richardson Landing Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,094

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: .24
  • Water Body Name: Canal
  • Subdivision Name: Richardson Landing
  • Directions: From bridge turn left on Main St (North), turn right on Richardson St then left on Warren St. The house is on the right
  • Architectural Style: Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2003
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Dishwasher, Washer, Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Storm Door(s)
  • Entry Location: First
  • Fireplace Features: Wood Burning Stove, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Great Room, 1st Floor Bedroom, Vaulted Ceiling(s)
  • Living Area: 1864
  • Window Features: Window Treatments, Double Pane Windows
  • Room Bedroom2 Level: First
  • Dining Room Features: Dining Area, Bar
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom3 Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: Water Front, Waterfront, Seawall
  • Waterfront: Yes
  • Construction Type: Wood Siding, Sheetrock
  • Exterior Features: Pier/Dock
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Screened, Deck, Porch
  • Property Condition: 15-30 yrs +/-
  • Roof: Composition

Garage/Parking

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

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Amps: 200
  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2093.84
  • Tax Book Number: 2016 03715
  • Tax Lot: 14
  • Tax Map Number: 31B1-1-14
  • Tax Other Annual Assessment Amount: 373900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2019
Closed on
Jan 15, 2020
Sold by
Racing Moon Llc
Bought by
Marcozzi Kathleen B and Marcozzi Ronald Peter
Buyer's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$749,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,468
Avg. Annual Appreciation
8.12%
Original Mortgage
$380,000
Outstanding Balance
$336,648
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$412,820

Purchase Details

Closed on
Aug 30, 2016
Sold by
Odell Family Living Trust
Bought by
Racing Moon Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marcozzi Kathleen B $475,000 Attorney Only
Racing Moon Llc $402,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcozzi Kathleen B $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2020 02/07/20 Sold $475,000 0.0% $255 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
07/21/2019 07/21/19 For Sale $475,000 -- $255 / 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 $2,286 $596,900 $215,000 $381,900
2024 $2,286 $596,900 $215,000 $381,900
2023 $2,219 $477,200 $215,000 $262,200
2022 $2,219 $477,200 $215,000 $262,200
2021 $1,855 $386,500 $215,000 $171,500
2020 $1,855 $386,500 $215,000 $171,500
2019 $1,795 $373,900 $215,000 $158,900
2018 $1,795 $373,900 $215,000 $158,900
2017 $1,820 $371,400 $223,500 $147,900
2016 $1,820 $371,400 $223,500 $147,900
2015 $189 $386,200 $237,500 $148,700
2014 $1,892 $386,200 $237,500 $148,700
2013 -- $390,800 $237,500 $153,300
Source: Public Records

Agents Affiliated with this Home

  • Meghan Oliver Clarkson

    Buyer's Agent in 2020

    Meghan Oliver Clarkson

    LONG & FOSTER CHINCOTEAGUE

    (757) 894-0798

    279 in this area

    666 Total Sales

    Meghan Oliver Clarkson
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 50243

APN: 031-B1-01-00-0014-00

Virginia Accomack County Chincoteague Island 23336

5498 Warren St, Chincoteague Island, VA

Not Listed for Sale

Detached

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