$125,000
SOLD AUG 24, 2018
2 Beds
1 Bath
934 Sq Ft
1940 Built

Recently Sold

$134 Per Sq Ft

18% Below List Price

283 Days on Market

Highlights

  • Beach House
  • No HOA
  • Double Pane Windows
  • Wood Flooring
  • Enclosed Patio or Porch
  • 3-minute walk to Veterans Memorial Park

About This Home

As of December 2022

SOLD AS IS!!! Set in a highly sought-after downtown location & bursting w charming original features, this property is a blank slate ready to become the island home you've always dreamed of. It's hard not to admire the hardwood timber floors, built in feature shelving & oversized living room. For the DIY lover, this property also boasts a large shed that could double as the perfect workshop! Updated metal roof, windows plus furnace/heat pump & being set on a smaller, more manageable lot means you really can move in, relax & start enjoying this home from day one. When it comes to location, it does not get any better than this.Within walking distance of the farmers' market plus shops, restaurants & the waterfront park makes this home a rare find in the area. Property has a cesspool

Last Agent to Sell the Property

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807 Listed on: 11/04/2017

LONG & FOSTER CHINCOTEAGUE

Last Buyer's Agent

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807 Listed on: 11/04/2017

LONG & FOSTER CHINCOTEAGUE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $657

Year Built

  • Built in 1940

Home Design

  • Beach House
  • Bungalow
  • Metal Roof
  • Asbestos
  • Plaster

Interior Spaces

  • 934 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Crawl Space
  • Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Paved Parking
  • Open Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Septic Tank
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Lot Dimensions are 59. x 61 x 59. x 60

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 7
  • $116,700 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$657

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 59. x 61 x 59. x 60
  • Subdivision Name: Chincoteague
  • Directions: From the bridge, turn right on Main St, turn left on Smith St, home on the right
  • Architectural Style: Beach House, Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1940
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: 1028
  • Stories: 1

Interior Features

  • Appliances: Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: First
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile, Vinyl, Hardwood
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 934
  • Window Features: Double Pane Windows
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom2 Area: 63.75
  • Room Living Room Area: 281.25
  • Room Kitchen Area: 93.75

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Asbestos, Plaster
  • Foundation Details: Crawl Space
  • Other Structures: Shed/Barn
  • Patio And Porch Features: Enclosed
  • Property Condition: 50-100 yrs +/-
  • Roof: Metal, Age 0-9 yrs +/-

Garage/Parking

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

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • 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

  • Farm Land Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 656.82
  • Tax Book Number: B 744 P 741
  • Tax Lot: 7
  • Tax Map Number: 30A5-11-7
  • Tax Other Annual Assessment Amount: 116700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2017
Closed on
Aug 17, 2018
Sold by
Marsh Pamela L
Bought by
Barr Jason A
Seller's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
Buyer's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
List Price
$153,000
Sold Price
$125,000
Premium/Discount to List
-$28,000
-18.3%
Current Estimated Value
$384,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,767
Avg. Annual Appreciation
18.32%
Original Mortgage
$100,000
Outstanding Balance
$86,815
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$317,054
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $125,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $252,500 -2.1% $270 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
10/29/2022 10/29/22 For Sale $258,000 +106.4% $276 / Sq Ft
08/24/2018 08/24/18 Sold $125,000 -18.3% $134 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
11/05/2017 11/05/17 For Sale $153,000 -- $164 / 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 $921 $240,400 $71,300 $169,100
2023 $706 $151,800 $50,000 $101,800
2022 $706 $151,800 $50,000 $101,800
2021 $589 $122,800 $50,000 $72,800
2020 $589 $122,800 $50,000 $72,800
2019 $556 $115,800 $50,000 $65,800
2018 $556 $115,800 $50,000 $65,800
2017 $572 $116,700 $50,000 $66,700
2016 $572 $116,700 $50,000 $66,700
2015 $575 $117,400 $50,000 $67,400
2014 $575 $117,400 $50,000 $67,400
2013 -- $119,900 $50,000 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 46694

APN: 030-A5-11-00-0007-00