NOT LISTED FOR SALE

7120 Silver Sails Landing Chincoteague Island, VA 23336

Estimated Value: $412,000 - $552,000

2 Beds
2.5 Baths
2,000 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $315,000 $158 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,891/month

29 Days on Market

Highlights

  • Outdoor Pool
  • Deck
  • Wood Flooring
  • Home fronts a creek
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of October 2020

Beautifully remodeled canal-front Duplex within close proximity to carnival grounds! You will enjoy island inspired living in this spacious 2 bedroom+ office, 2 1/2 bath home situated in a quiet neighborhood. This gorgeous home boasts a first floor master bedroom suite & master bath, large living room & dining area w/ hardwood floors, breakfast bar, new mud-room/pantry area & a new 4 season room. Upgrades include custom quartz countertops & herringbone backsplash, new storm door, closed cell crawlspace, custom interior window shutters throughout, professional landscaping & sod, whole house generator & cutoff, security system and a 20 x 14 addition. Enjoy outdoor living on one of several decks or on the large screened-in porch. After a fun day at the beach relax around the community pool.

Last Agent to Sell the Property

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807 Listed on: 08/25/2020

LONG & FOSTER CHINCOTEAGUE

Last Buyer's Agent

None/Non-Member/Out Of Area Agent

None/Non-Member/Out of Area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 2011

Lot Details

  • 8,712 Sq Ft Lot
  • Home fronts a creek

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Cathedral Ceiling
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Dining Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Garage
  • Stone Driveway
  • Open Parking

Outdoor Features

  • Outdoor Pool
  • Deck
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Shared Septic

Community Details

  • Ss Lndg Association
  • Silver Sails Subdivision

Listing and Financial Details

  • Tax Lot 2B
  • $278,200 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,558

Year Built

Built in 2011

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Sub Type: Duplex,Multi Family,Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 0.2
  • Water Body Name: Creek
  • Subdivision Name: Silver Sails
  • Directions: From bridge turn Right on Main St. Left on Bunting, Left on Willow, Right on Silver Sails Landing, house on right.
  • Architectural Style: Duplex
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 2011
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Washer, Dryer, Microwave, Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), 1st Floor Bedroom, Walk-In Closet(s)
  • Living Area: 2000
  • Window Features: Window Treatments, Double Pane Windows, Storm Window(s)
  • Room Bedroom2 Level: Second
  • Dining Room Features: Breakfast Area, Dining Room
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom3 Area: 144.0278
  • Room Bedroom2 Area: 149.625
  • Room Living Room Area: 234
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 114.5625
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 163.2222
  • Room Family Room Area: 160

Exterior Features

  • Lot Features: <.5 acre +/-
  • Pool Features: Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: Creek Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Sheetrock
  • Exterior Features: Lighting
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck, Porch
  • Property Condition: 5-15 yrs +/-
  • Roof: Composition

Garage/Parking

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

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank, Shared Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Association Name: SS Lndg
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 8712
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1557.94
  • Tax Book Number: 2014 03334
  • Tax Lot: 2B
  • Tax Map Number: 30A3-22-2B
  • Tax Other Annual Assessment Amount: 278200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Sep 14, 2020
Sold by
Mccomb William T
Bought by
Wynands Steven N
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
$315,000
Current Estimated Value
$497,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,333
Avg. Annual Appreciation
9.43%
Original Mortgage
$283,500
Outstanding Balance
$251,588
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$245,746

Purchase Details

Closed on
Jul 29, 2014
Sold by
Silver Sails Llc
Bought by
Mccomb William T
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
Wynands Steven N $315,000 Commonwealth Land Title Ins
Mccomb William T $228,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wynands Steven N $283,500
Closed Mccomb William T $216,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $315,000 0.0% $158 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $315,000 -- $158 / 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 $1,849 $482,800 $86,000 $396,800
2024 $1,849 $482,800 $86,000 $396,800
2023 $1,664 $357,800 $86,000 $271,800
2022 $1,664 $357,800 $86,000 $271,800
2021 $1,335 $278,200 $86,000 $192,200
2020 $1,335 $278,200 $86,000 $192,200
2019 $1,224 $255,000 $86,000 $169,000
2018 $1,224 $255,000 $86,000 $169,000
2017 $1,298 $264,800 $95,400 $169,400
2016 $1,298 $264,800 $95,400 $169,400
2015 $1,438 $293,500 $118,000 $175,500
2014 $1,438 $293,500 $118,000 $175,500
2013 -- $293,900 $118,000 $175,900
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

    290 in this area

    688 Total Sales

    Meghan Oliver Clarkson
    Section Image

  • N

    Buyer's Agent in 2020

    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: 52283

APN: 030-A3-22-00-0002-B0

Virginia Accomack County Chincoteague Island 23336

7120 Silver Sails Landing, Chincoteague Island, VA

This home is located at 7120 Silver Sails Landing, Chincoteague Island, VA 23336 since 25 August 2020 and is currently estimated at $497,333, approximately $248 per square foot. This property was built in 2011. 7120 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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