NOT LISTED FOR SALE

7189 Tarr Ln Chincoteague Island, VA 23336

Estimated Value: $337,000 - $382,000

2 Beds
1 Bath
1,024 Sq Ft
$354/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $92,000 $90 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $2,006/month

76 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Enclosed Patio or Porch
  • Beach House
  • No HOA
  • Eat-In Kitchen

About This Home

As of May 2019

Needs TLCthis two bedroom, one bath home was originally located on Assateague Island and brought to Chincoteague. It now sits on a quiet side street just off East Side Road. House sits on a block foundation. It needs some repairs and updating several replacement windows have been installed. Large kitchen, living room and bath on first floor. Second floor has two large bedrooms both with hardwood floors and lots of windows for light. Priced to sell, just waiting for someone to restore it to its original charm.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $642

Year Built

  • Built in 1940

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Beach House
  • Fixer Upper
  • Composition Roof
  • Vinyl Siding
  • Asbestos
  • Plaster
  • Lead Paint Disclosure

Interior Spaces

  • 1,024 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • No Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 106
  • $116,700 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$642

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Lot Size: .22
  • Water Body Name: None
  • Subdivision Name: Chincoteague
  • Directions: From Bridge turn left on Main St , turn left on Church St, follow until you get to East Side Rd, turn right on Tarr Lane.
  • Architectural Style: Beach House, Fixer Upper
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1940
  • Kitchen Level: First
  • RoomBedroom1Level: Second
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: No Water Heater, None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Pergo
  • Interior Amenities: None
  • Living Area: 1024
  • Room Bedroom2 Level: Second
  • Dining Room Features: Eat-in Kitchen
  • Living Room Living Room Level: First
  • Room Bedroom2 Area: 183.7153
  • Room Living Room Area: 151.6667
  • Room Kitchen Area: 191.9167

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Paint Disclosure
  • Construction Type: Vinyl Siding, Asbestos, Plaster, Panel
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Enclosed, Deck
  • Property Condition: Fixer, 50-100 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: Forced Air, Oil
  • 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: 9583.2
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 642.16
  • Tax Book Number: 2015 00523
  • Tax Lot: 106
  • Tax Map Number: 30A4-A-106
  • Tax Other Annual Assessment Amount: 116700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Apr 30, 2019
Sold by
Larry Merritt
Bought by
Aruck Justin B and Hubb-Aruck Alexis K
List Price
$92,000
Sold Price
$92,000
Current Estimated Value
$362,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,917
Avg. Annual Appreciation
23.27%
Original Mortgage
$73,600
Outstanding Balance
$64,445
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$298,472
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Aruck Justin B $92,000 A & N Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aruck Justin B $73,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2019 05/17/19 Sold $92,000 0.0% $90 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $92,000 -- $90 / 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 $1,169 $305,300 $94,800 $210,500
2024 $1,169 $305,300 $94,800 $210,500
2023 $977 $210,200 $66,400 $143,800
2022 $470 $101,000 $66,400 $34,600
2021 $435 $90,700 $66,400 $24,300
2020 $434 $90,500 $66,400 $24,100
2019 $560 $116,700 $66,400 $50,300
2018 $560 $116,700 $66,400 $50,300
2017 $577 $117,800 $66,400 $51,400
2016 $577 $117,800 $66,400 $51,400
2015 $582 $118,800 $66,400 $52,400
2014 $582 $118,800 $66,400 $52,400
2013 -- $121,100 $66,400 $54,700
Source: Public Records

Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 49249

APN: 030-A4-A0-00-0106-00

Virginia Accomack County Chincoteague Island 23336

7189 Tarr Ln, Chincoteague Island, VA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes