NOT LISTED FOR SALE

7175 Tarr Ln Chincoteague Island, VA 23336

Estimated Value: $208,000 - $346,000

1 Bed
1 Bath
432 Sq Ft
$586/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $145,000 $336 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,377/month

63 Days on Market

Highlights

  • Beach House
  • Screened Porch
  • Shed
  • No HOA
  • Double Pane Windows
  • Central Air

About This Home

As of November 2020

This Beach Town Cottage is adorable! The enclosed porch has a built in seating bench with lots of windows. Inside is a living room / kitchen, bathroom, bedroom and a nice screened in porch to sit back and enjoy that morning coffee. Owner has installed a new Mini Split Heat/AC unit, a new electrical service, and is installing a new 2 bedroom septic system. Included is a 9' x 8' storage shed.

Last Agent to Sell the Property

Vicky Thornton

OCEAN EAST REALTY License #0225102528 Listed on: 08/01/2020

Last Buyer's Agent

Shawn Jennings

COLDWELL BANKER HARBOUR REALTY License #0225077517

COLDWELL BANKER HARBOUR REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $462

Year Built

  • Built in 1955

Lot Details

  • 3,920

Home Design

  • Beach House
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 432 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Double Pane Windows
  • Insulated Doors
  • Combination Dining and Living Room
  • Screened Porch
  • Storm Doors

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway
  • Open Parking

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

  • Shed
  • 3,920 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 105
  • $82,500 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$462

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: .09
  • Subdivision Name: Chincoteague
  • Directions: Entering Island, Right onto Main Street, Left onto Church St, continue around East Side Rd,, Right onto Tarr Lane, House will be on the right, turn down lane by Ocean East sign.
  • Architectural Style: Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1955
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Insulated Doors, Storm Door(s)
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 432
  • Window Features: Double Pane Windows
  • Dining Room Features: Living Room Combo

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Paint Disclosure
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Shed/Barn
  • Patio And Porch Features: Screened, Enclosed
  • Property Condition: 50-100 yrs +/-
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: Heat Pump, Central Air, Other
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric, Other
  • 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 Combined
  • Middle Or Junior School: Chincoteague Combined

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 462
  • Tax Book Number: 063900403
  • Tax Lot: 105
  • Tax Map Number: 30A4-A-105
  • Tax Other Annual Assessment Amount: 82500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Nov 2, 2020
Sold by
Sullivan Tim F and Sullivan Marie R
Bought by
Parsons Lawrence R and Jennings Madison C
Seller's Agent
Vicky Thornton
OCEAN EAST REALTY
Buyer's Agent
Shawn Jennings
COLDWELL BANKER HARBOUR REALTY
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%
Current Estimated Value
$253,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,117
Avg. Annual Appreciation
11.57%
Original Mortgage
$137,750
Outstanding Balance
$122,231
Interest Rate
2.77%
Mortgage Type
Construction
Estimated Equity
$130,886
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
Parsons Lawrence R $145,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Lawrence R $137,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2020 11/06/20 Sold $145,000 -2.7% $336 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $149,000 -- $345 / 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 $541 $141,200 $71,300 $69,900
2024 $541 $141,200 $71,300 $69,900
2023 $466 $100,300 $50,000 $50,300
2022 $466 $100,300 $50,000 $50,300
2021 $396 $82,500 $50,000 $32,500
2020 $396 $82,500 $50,000 $32,500
2019 $386 $80,500 $50,000 $30,500
2018 $386 $80,500 $50,000 $30,500
2017 $396 $80,900 $50,000 $30,900
2016 $396 $80,900 $50,000 $30,900
2015 $398 $81,300 $50,000 $31,300
2014 $398 $81,300 $50,000 $31,300
2013 -- $82,500 $50,000 $32,500
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2020

    Vicky Thornton

    OCEAN EAST REALTY

    35 in this area

    46 Total Sales

    Vicky Thornton
    Section Image
  • Shawn Jennings

    Buyer's Agent in 2020

    Shawn Jennings

    COLDWELL BANKER HARBOUR REALTY

    (757) 336-1999

    127 in this area

    223 Total Sales

    Shawn Jennings
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 52143

APN: 030-A4-A0-00-0105-00

Virginia Accomack County Chincoteague Island 23336

7175 Tarr Ln, Chincoteague Island, VA

Not Listed for Sale

Detached

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