NOT LISTED FOR SALE

7051 Chestnut Ln Chincoteague, VA 23336

Chincoteague Neighborhood

Estimated Value: $555,000 - $633,552

4 Beds
3 Baths
2,464 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $285,000 $116 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,372/month

47 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Deck
  • No HOA
  • Double Pane Windows

About This Home

As of August 2020

Check out this bright and airy extra large island house! This home offers plenty of space with 4 bedrooms + bonus/bedroom, a large living room, formal dining room plus an office space! The house sits on a little over a quarter acre of land and features a fenced in yard. This home also boasts all newer flooring throughout. The spacious master suite has a bathroom with dual sinks and a huge walk in closet. The kitchen gives plenty of counter & cabinet space, with an eat in kitchen area and breakfast bar, you will not be disappointed w/ this area! There is a first floor bedroom, gracious in size. Even the utility room has a enough space to make laundry enjoyable! Short distance to town & the beach! Flood insurance is currently not required. HIGH SPEED INTERNET AVAILABLE!

Last Agent to Sell the Property

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807 Listed on: 07/01/2020

LONG & FOSTER CHINCOTEAGUE

Last Buyer's Agent

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807 Listed on: 07/01/2020

LONG & FOSTER CHINCOTEAGUE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 2009

Lot Details

  • 0.27 Acre Lot
  • Fenced

Home Design

  • Colonial Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,464 Sq Ft Home
  • 2-Story Property
  • Bar
  • Sheet Rock Walls or Ceilings
  • Double Pane Windows
  • Insulated Doors
  • Dining Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • No Garage
  • Stone Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 148B1
  • $303,500 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,700

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Lot Size: 0.27
  • Subdivision Name: Chincoteague
  • Directions: At the stoplight after the bridge turn right onto Main St, then turn left onto Church St. At the 4-way intersection, turn right onto Ridge Rd, then left onto Chesnut Ln. House will be on the left.
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2009
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Pergo
  • Interior Amenities: Walk-In Closet(s), 1st Floor Bedroom, Dining Room
  • Living Area: 2464
  • Window Features: Double Pane Windows
  • Dining Room Features: Bar, Eat-in Kitchen, Dining Room

Exterior Features

  • Fencing: Fenced
  • Lot Features: <.5 acre +/-
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Crawl Space
  • Other Structures: Shed/Barn
  • Patio And Porch Features: Deck
  • Property Condition: 5-15 yrs +/-
  • Roof: Composition

Garage/Parking

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

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • 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: 11761.2
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1699.6
  • Tax Book Number: 2017 01980
  • Tax Lot: 148B1
  • Tax Map Number: 30A4-A-148B1
  • Tax Other Annual Assessment Amount: 303500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 17, 2020
Sold by
Plato-Johanson Lindsey C and Plato-Johanson Barry C
Bought by
Forney Trina
Seller's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
Buyer's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
List Price
$309,000
Sold Price
$285,000
Premium/Discount to List
-$24,000
-7.77%
Current Estimated Value
$588,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,388
Avg. Annual Appreciation
15.47%
Original Mortgage
$256,500
Outstanding Balance
$228,143
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$360,245

Purchase Details

Closed on
Apr 25, 2014
Sold by
Soirez Paul M
Bought by
Johnson Plato and Johnson Lindsey
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Forney Trina $285,000 Attorney Only
Johnson Plato $175,001 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forney Trina $256,500
Closed Johnson Plato $180,186
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $285,000 -7.8% $116 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $309,000 -- $125 / 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 $2,291 $598,100 $89,100 $509,000
2024 $2,291 $598,100 $89,100 $509,000
2023 $1,907 $410,200 $66,800 $343,400
2022 $1,907 $410,200 $66,800 $343,400
2021 $1,557 $324,400 $66,800 $257,600
2020 $1,557 $324,400 $66,800 $257,600
2019 $1,457 $303,500 $66,800 $236,700
2018 $1,457 $303,500 $66,800 $236,700
2017 $1,490 $304,000 $66,800 $237,200
2016 $1,490 $304,000 $66,800 $237,200
2015 $149 $304,200 $66,800 $237,400
2014 $1,491 $304,200 $66,800 $237,400
2013 -- $304,600 $66,800 $237,800
Source: Public Records

Agents Affiliated with this Home

  • Meghan Oliver Clarkson

    Seller's Agent in 2020

    Meghan Oliver Clarkson

    LONG & FOSTER CHINCOTEAGUE

    (757) 894-0798

    293 in this area

    695 Total Sales

    Meghan Oliver Clarkson
    Section Image
See All Agents

Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 51902

APN: 030-A4-A0-00-0148-B1

Virginia Accomack County Chincoteague 23336 Chincoteague

7051 Chestnut Ln, Chincoteague, VA

This home is located at 7051 Chestnut Ln, Chincoteague, VA 23336 since 01 July 2020 and is currently estimated at $588,388, approximately $238 per square foot. This property was built in 2009. 7051 Chestnut Ln is a home located in Accomack County with nearby schools including Chincoteague Elementary School, Chincoteague High School, and Lighthouse Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes