NOT LISTED FOR SALE

7150 Silver Sails Landing Chincoteague, VA 23336

Estimated Value: $501,000 - $555,000

3 Beds
2.5 Baths
1,556 Sq Ft
$335/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $389,000 $250 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,983/month

59 Days on Market

Highlights

  • Home fronts a creek
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Deck
  • Wood Flooring
  • Great Room

About This Home

As of November 2021

Exquisite 3 bedroom 2.5 bath duplex overlooking creek with back screened in porch & deck. Lovely tropical accents and new vinyl flooring. Open great room concept with new engineered hardwood floors and first level owner suite with bath. Upstairs is 2 nice size bedrooms and full bath. Established vacation rental and Silver Sails offers community pool.

Last Agent to Sell the Property

Anita Merritt

COLDWELL BANKER HARBOUR REALTY License #0225048458 Listed on: 09/16/2021

COLDWELL BANKER HARBOUR REALTY

Last Buyer's Agent

Anita Merritt

COLDWELL BANKER HARBOUR REALTY License #0225048458 Listed on: 09/16/2021

COLDWELL BANKER HARBOUR REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 0.43 Acre Lot
  • Home fronts a creek

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,556 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Screened Porch

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

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

Additional Features

  • Level Entry For Accessibility
  • Deck

Community Details

  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 5A
  • $276,600 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

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: 0.43
  • Lot Size: .43
  • Water Body Name: Yes
  • Subdivision Name: Chincoteague
  • Directions: Entering Island take a right onto Main Street, left onto Church Street, right onto Willow Street and left into Silver Sails.
  • Architectural Style: Duplex
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 2004
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Washer, Dryer, Refrigerator, Microwave, Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: First
  • Fireplace Features: One Fireplace, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Vaulted Ceiling(s), Great Room
  • Living Area: 1556
  • Window Features: Double Pane Windows
  • Room Bedroom2 Level: Second
  • Dining Room Features: Dining Area
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom3 Area: 130
  • Room Bedroom2 Area: 130
  • Room Living Room Area: 416.25
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 154
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: Water Front, Creek Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Screened
  • Property Condition: 15-30 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Amenities
  • Association Fee: 1300
  • 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: 18730.8
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 2010/04622
  • Tax Lot: 5A
  • Tax Map Number: 30A3-22-5A
  • Tax Other Annual Assessment Amount: 276600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Nov 5, 2021
Sold by
Lauricella Vincent R and Lauricella Patricia H
Bought by
Giordano Salvatore
Seller's Agent
Anita Merritt
COLDWELL BANKER HARBOUR REALTY
Buyer's Agent
Anita Merritt
COLDWELL BANKER HARBOUR REALTY
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$518,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,649
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Nov 2, 2010
Sold by
Hickman Chad T
Bought by
Lauricella Vincent R and Lauricell Patricia H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Giordano Salvatore $389,000 --
Lauricella Vincent R $280,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $389,000 0.0% $250 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $389,000 -- $250 / 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 $1,747 $456,200 $106,000 $350,200
2024 $1,747 $456,200 $106,000 $350,200
2023 $1,595 $343,100 $106,000 $237,100
2022 $1,595 $343,100 $106,000 $237,100
2021 $1,325 $276,000 $106,000 $170,000
2020 $1,325 $276,000 $106,000 $170,000
2019 $1,264 $263,400 $106,000 $157,400
2018 $1,264 $263,400 $106,000 $157,400
2017 $1,294 $264,100 $106,000 $158,100
2016 $1,294 $264,100 $106,000 $158,100
2015 $1,355 $276,600 $118,000 $158,600
2014 $1,355 $276,600 $118,000 $158,600
2013 -- $280,500 $118,000 $162,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Anita Merritt

    COLDWELL BANKER HARBOUR REALTY

    (757) 894-0108

    36 in this area

    43 Total Sales

    Anita Merritt
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 54594

APN: 030-A3-22-00-0005-A0

Virginia Accomack County Chincoteague 23336

7150 Silver Sails Landing, Chincoteague, VA

Not Listed for Sale

MultiFamily

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