NOT LISTED FOR SALE

7112 Silver Sails Landing Chincoteague Island, VA 23336

Estimated Value: $587,000 - $674,000

2 Beds
2.5 Baths
1,532 Sq Ft
$412/Sq Ft Est. Value

Last Sold September 05, 2017

Last sale price $254,900 $166 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $3,611/month

375 Days on Market

Highlights

  • Newly Remodeled
  • Home fronts a creek
  • Wood Flooring
  • Outdoor Pool
  • Deck
  • Main Floor Bedroom

About This Home

As of September 2017

Silver Sails Landing by Brunori Homes,' is a favorite neighborhood on Chincoteague Island! Brunori Homes offers an unbeatable value of your brand-new duplex in the heart of the island. You will enjoy island inspired living in this spacious 2BR/Den 2-1/2 Bath home. After a fun day at the beach relax around the community pool, just steps away from the Carnival Grounds.

Last Buyer's Agent

Bill Baals

DOCKSIDE PROPERTIES License #0225211951

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,536

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.28 Acre Lot
  • Home fronts a creek

HOA Fees

  • $114 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Stone Driveway
  • Open Parking

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,532 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Double Pane Windows
  • Insulated Doors
  • Dining Area
  • Screened Porch
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Deck

Schools

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

Utilities

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

Community Details

  • Silver Sails Subdivision

Listing and Financial Details

  • Tax Lot 1A
  • $10,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,536

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$114 per month

Parking

1

Listing Details

  • Property Sub Type: Duplex,Multi Family,Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: .28
  • Water Body Name: Creek
  • Subdivision Name: Silver Sails
  • Directions: Turn Right on Main St, Turn Left on Church St, Turn Right on Willow St, Turn Left on Silver Sails Landing. Sign on Property.
  • Architectural Style: Duplex
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 2016
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Entry Location: 0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl, Hardwood
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 1532
  • Window Features: Double Pane Windows
  • Room Bedroom2 Level: Second
  • Dining Room Features: Dining Area
  • Living Room Living Room Level: First
  • Room Bedroom2 Area: 149.625
  • Room Living Room Area: 228
  • Room Kitchen Area: 114.5625
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 132

Exterior Features

  • Lot Features: <.5 acre +/-
  • Pool Features: Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: Water Front, Creek Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Screened, Deck
  • Property Condition: New Construction
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Garage, One Car, Stone Driveway
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Amenities
  • Association Fee: 1370
  • 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: 12196.8
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1536
  • Tax Book Number: 2012 02287
  • Tax Lot: 1A
  • Tax Map Number: 30A3-22-1A
  • Tax Other Annual Assessment Amount: 10000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Aug 28, 2017
Sold by
Silver Sails Llc
Bought by
Holstein Stanley Chuck
Buyer's Agent
Bill Baals
DOCKSIDE PROPERTIES
List Price
$274,900
Sold Price
$254,900
Premium/Discount to List
-$20,000
-7.28%
Current Estimated Value
$630,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,083
Avg. Annual Appreciation
11.78%
Original Mortgage
$24,900
Outstanding Balance
$20,827
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$610,156
Source: Public Records

Range of Values:

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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
Holstein Stanley Chuck $254,900 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holstein Stanley Chuck $24,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2017 09/05/17 Sold $254,900 -7.3% $166 / Sq Ft
09/04/2017 09/04/17 Pending -- -- --
08/24/2016 08/24/16 For Sale $274,900 -- $179 / 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 $1,928 $503,300 $86,000 $417,300
2024 $1,928 $503,300 $86,000 $417,300
2023 $1,720 $369,800 $86,000 $283,800
2022 $1,720 $369,800 $86,000 $283,800
2021 $1,379 $287,300 $86,000 $201,300
2020 $1,379 $287,300 $86,000 $201,300
2019 $1,287 $268,100 $86,000 $182,100
2018 $1,287 $268,100 $86,000 $182,100
2017 $1,344 $274,300 $95,400 $178,900
2016 $701 $143,100 $95,400 $47,700
2015 $0 $10,000 $10,000 $0
2014 $49 $10,000 $10,000 $0
2013 -- $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Buyer's Agent in 2017

    Bill Baals

    DOCKSIDE PROPERTIES

    (757) 694-1973

    7 in this area

    61 Total Sales

    Bill Baals
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 44161

APN: 030-A3-22-00-0001-A0

Virginia Accomack County Chincoteague Island 23336

7112 Silver Sails Landing, Chincoteague Island, VA

This home is located at 7112 Silver Sails Landing, Chincoteague Island, VA 23336 since 24 August 2016 and is currently estimated at $630,983, approximately $411 per square foot. This property was built in 2016. 7112 Silver Sails Landing is a home located in Accomack County with nearby schools including Chincoteague Elementary School, Chincoteague High School, and Lighthouse Christian Academy.

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