NOT LISTED FOR SALE

7029 Josephine Ln Chincoteague, VA 23336

Estimated Value: $497,000 - $566,000

2 Beds
2 Baths
1,921 Sq Ft
$271/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $410,000 $213 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,869/month

23 Days on Market

Highlights

  • Sea Front
  • Spa
  • Contemporary Architecture
  • Water Access
  • Deck
  • Vaulted Ceiling

About This Home

As of July 2021

Excellent well maintained 2 story contemporary home. 2 Bedrooms (possible 3), 2 baths vaulted ceilings. Office/Den setup on the first level attached to the downstairs Bath. Large Master Bedroom with Walk In Closet, Garden Tub and Tiled Shower and Loft Library on second level. Bamboo floors throughout with tile in the Kitchen and Baths. Large finished detached garage with 12' ceilings on the ground floor and a bonus room guest area with Bath on the second level. Located on Chincoteague Island in a great Beach Cottage Community just minutes from Assateague Ocean Beaches, fishing and coastal living at its finest. Rinnai Tankless Water Heaters & Plenty of parking space for vehicles and boats. "Owner is a Virginia Licensed Real Estate Agent"

Last Agent to Sell the Property

Duane Gladding

BEACH BAY REALTY, LLC License #0225246578 Listed on: 07/02/2021

Last Buyer's Agent

Angie Abell

BEACH BAY REALTY, LLC License #0225042782

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 2007

Lot Details

  • 7,405 Sq Ft Lot
  • Sea Front

Parking

  • 2 Car Detached Garage
  • Stone Driveway
  • Open Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 1,921 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Great Room
  • Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Spa Bath

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Spa
  • Water Access
  • Deck
  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 40
  • $246,500 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,355

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: .17
  • Water Body Name: Close To Boat Ramp
  • Subdivision Name: Chincoteague
  • Directions: Travel straight onto the Island of Chincoteague and keep straight on Maddox Blvd from the bridge. Turn Right on Chicken City Road traffic light. Continue to and across the Church Street intersection to the 2nd left on Josephine Lane. The house is the 4th on the left.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2007
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Gas Water Heater, Range, Washer, Dryer, Refrigerator, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First
  • Fireplace Features: One Fireplace, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Hardwood
  • Interior Amenities: Vaulted Ceiling(s), Great Room, Other, 1st Floor Bedroom, Walk-In Closet(s)
  • Living Area: 1921
  • Window Features: Double Pane Windows
  • Room Bedroom2 Level: Second
  • Dining Room Features: Dining Room
  • Living Room Living Room Level: First
  • Room Bedroom2 Area: 288
  • Room Living Room Area: 225
  • Room Kitchen Area: 180
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 192

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: Water Access-Public, Seaside
  • Waterfront: No
  • Construction Type: Stucco, Vinyl Siding, Sheetrock
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck, Porch, Patio
  • Property Condition: 5-15 yrs +/-
  • Roof: Composition, Age 10 yrs +/-

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage, Detached, Two Car, Other, Paved, Stone Driveway
  • Total Parking Spaces: 2

Utilities

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

  • Lot Size Sq Ft: 7405.2
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1355
  • Tax Book Number: 2017 00614
  • Tax Lot: 40
  • Tax Map Number: 30A4-17-40
  • Tax Other Annual Assessment Amount: 246500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Jul 27, 2021
Sold by
Duane Gladding
Bought by
Horowitz Marc and Anastasio Linda
Seller's Agent
Duane Gladding
BEACH BAY REALTY, LLC
Buyer's Agent
Angie Abell
BEACH BAY REALTY, LLC
List Price
$449,000
Sold Price
$410,000
Premium/Discount to List
-$39,000
-8.69%
Current Estimated Value
$520,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,935
Avg. Annual Appreciation
5.80%

Purchase Details

Closed on
Feb 9, 2017
Sold by
Federal Home Loan Mtg Corp
Bought by
Gladding Duane
Source: Public Records

Range of Values:

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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
Horowitz Marc $410,000 --
Gladding Duane $266,000 Attorney Only
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $410,000 -8.7% $213 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/05/2021 07/05/21 For Sale $449,000 -- $234 / 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 $1,718 $448,500 $81,500 $367,000
2024 $1,718 $448,500 $81,500 $367,000
2023 $1,482 $318,600 $61,100 $257,500
2022 $1,482 $318,600 $61,100 $257,500
2021 $1,183 $246,500 $61,100 $185,400
2020 $1,183 $246,500 $61,100 $185,400
2019 $1,350 $231,500 $60,400 $171,100
2018 $1,111 $231,500 $60,400 $171,100
2017 $1,139 $232,400 $60,400 $172,000
2016 $1,139 $232,400 $60,400 $172,000
2015 $1,142 $233,000 $60,400 $172,600
2014 $1,184 $250,400 $60,400 $190,000
2013 -- $256,800 $60,400 $196,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 54139

APN: 030-A4-17-00-0040-00