NOT LISTED FOR SALE

7054 Josephine Ln Chincoteague, VA 23336

Estimated Value: $460,000 - $571,000

3 Beds
2 Baths
1,250 Sq Ft
$396/Sq Ft Est. Value

Last Sold September 27, 2017

Last sale price $275,000 $220 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,730/month

126 Days on Market

Highlights

  • Cape Cod Architecture
  • Cathedral Ceiling
  • Main Floor Bedroom
  • Deck
  • Wood Flooring
  • 1 Fireplace

About This Home

As of September 2017

This is the one & it is TURN KEY, sold FURNISHED & Equipped! Walk into this barely lived in home & instantly see the quality & craftsmanship! You will love cooking in this oversized kitchen with upgraded appliances, while your guests gather around the kitchen bar & out on the screened porch! Enjoy cozy nights in the ultra comfortable living room with its gas fireplace while playing board games with the family! Huge Master Bedroom leads out to an open porch for those early morning cups of coffee! Just pack your clothes & move in! Nothing says living easy at the beach than this hidden gem!

Last Agent to Sell the Property

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807 Listed on: 05/22/2017

LONG & FOSTER CHINCOTEAGUE

Last Buyer's Agent

None/Non-Member/Out Of Area Agent

None/Non-Member/Out of Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,003

Year Built

  • Built in 2007

Lot Details

  • 7,405

Parking

  • No Garage

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Beach House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • 2-Story Property
  • Bar
  • Sheet Rock Walls or Ceilings
  • Cathedral Ceiling
  • 1 Fireplace
  • Dining Area
  • Screened Porch
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Level Entry For Accessibility
  • Deck
  • 7,405 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 58
  • $175,900 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,003

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 0.17
  • Subdivision Name: Chincoteague
  • Directions: From the bridge turn right on to Main St. Left on Church, Right on Ridge, Left on Josephine Lane, house is on the right
  • Architectural Style: Contemporary, Cape Cod, Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2007
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: First
  • Fireplace Features: One Fireplace
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), 1st Floor Bedroom
  • Living Area: 1250
  • Room Bedroom2 Level: Second
  • Dining Room Features: Dining Area, Bar
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 207.5903
  • Room Bedroom2 Area: 89.25
  • Room Living Room Area: 219.9167
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 210
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 108

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

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

Lot Info

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

Tax Info

  • Tax Annual Amount: 1002.62
  • Tax Book Number: 2013 02210
  • Tax Lot: 58
  • Tax Map Number: 30A4-17-58
  • Tax Other Annual Assessment Amount: 175900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Sep 7, 2017
Sold by
Dwight Colley
Bought by
Boros Brent W and Boros Carol A
Seller's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
Buyer's Agent
None/Non-Member/Out Of Area Agent
None/Non-Member/Out of Area
List Price
$315,000
Sold Price
$275,000
Premium/Discount to List
-$40,000
-12.7%
Current Estimated Value
$495,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,167
Avg. Annual Appreciation
7.42%
Original Mortgage
$247,500
Outstanding Balance
$206,625
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$288,542
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boros Brent W $275,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boros Brent W $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2017 09/27/17 Sold $275,000 -12.7% $220 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $315,000 -- $252 / 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 $1,516 $395,800 $80,400 $315,400
2024 $1,516 $395,800 $80,400 $315,400
2023 $1,270 $273,100 $60,300 $212,800
2022 $1,270 $273,100 $60,300 $212,800
2021 $1,022 $212,900 $60,300 $152,600
2020 $1,022 $212,900 $60,300 $152,600
2019 $963 $200,700 $60,400 $140,300
2018 $963 $200,700 $60,400 $140,300
2017 $862 $175,900 $60,400 $115,500
2016 $862 $175,900 $60,400 $115,500
2015 $86 $176,000 $60,400 $115,600
2014 $862 $176,000 $60,400 $115,600
2013 -- $178,700 $60,400 $118,300
Source: Public Records

Agents Affiliated with this Home

  • Meghan Oliver Clarkson

    Seller's Agent in 2017

    Meghan Oliver Clarkson

    LONG & FOSTER CHINCOTEAGUE

    (757) 894-0798

    279 in this area

    666 Total Sales

    Meghan Oliver Clarkson
    Section Image

  • N

    Buyer's Agent in 2017

    None/Non-Member/Out Of Area Agent

    None/Non-Member/Out of Area

See All Agents

Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 45708

APN: 030-A4-17-00-0058-00

Virginia Accomack County Chincoteague 23336

7054 Josephine Ln, Chincoteague, VA

Not Listed for Sale

Detached

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