NOT LISTED FOR SALE

7316 E Side Rd Chincoteague, VA 23336

Estimated Value: $266,000 - $311,000

2 Beds
1 Bath
725 Sq Ft
$405/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $250,000 $345 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,618/month

83 Days on Market

Highlights

  • Water Views
  • Beach House
  • No HOA
  • Deck
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of July 2023

Cozy Beach Retreat! You'll absolutely fall in love with this 2 bedroom, 1 bath, bungalow which is situated on a large lot on Chincoteague Island. It's the perfect location to enjoy all the activities that Chincoteague has to offer including fishing, crabbing, dining and shopping! Also located within close proximity of the beaches, Memorial Park and wildlife refuge. This home features a spacious living room with LVP flooring, eat-in kitchen, hardwood flooring and a large rear deck. A shed offers additional storage. There is even a small fenced-in area for your pet! This adorable home has had many updates and is ready for you to move in and enjoy island living! Lovely as a year-round residence or great vacation rental property! Sold furnished!

Last Agent to Sell the Property

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE Brokerage Phone: 7573365100 License #0225085807 Listed on: 03/23/2023

LONG & FOSTER CHINCOTEAGUE

Last Buyer's Agent

Lea Wey

LONG & FOSTER CHINCOTEAGUE License #0225250525

LONG & FOSTER CHINCOTEAGUE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $834

Year Built

  • Built in 1985

Lot Details

  • 0.34 Acre Lot

Home Design

  • Beach House
  • Bungalow
  • Block Foundation
  • Metal Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 725 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Paved Parking
  • Open Parking

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 0167A
  • $152,800 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$834

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: .34
  • Road Surface Type: Paved
  • Water Body Name: Assateague Channel
  • Subdivision Name: Chincoteague
  • Directions: Head southeast on Chincoteague Rd toward Main St. Turn right at the 1st cross street onto Main St. Turn left onto Bunting Rd. Turn right onto Ridge Rd. Turn left onto East Side Rd. Destination will be on the right.
  • Architectural Style: Beach House, Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1985
  • Attribution Contact: 7573365100
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 725
  • Dining Room Features: Eat-in Kitchen

Exterior Features

  • Lot Features: <.5 acre +/-
  • View: Water
  • View: Yes
  • Disclosures: Lead Paint Disclosure
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Crawl Space, Block
  • Other Structures: Shed/Barn
  • Patio And Porch Features: Deck
  • Property Condition: 30-50 yrs +/-
  • Roof: Metal

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Farm Land Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 834
  • Tax Book Number: 2005 05228
  • Tax Lot: 0167A
  • Tax Map Number: 30A2-A-167A
  • Tax Other Annual Assessment Amount: 152800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jun 21, 2023
Sold by
Ondrea Jill Killeen
Bought by
Timothy Kelly
Seller's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
Buyer's Agent
Lea Wey
LONG & FOSTER CHINCOTEAGUE
List Price
$285,000
Sold Price
$250,000
Premium/Discount to List
-$35,000
-12.28%
Views
716
Current Estimated Value
$293,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,964
Avg. Annual Appreciation
7.33%
Original Mortgage
$187,500
Outstanding Balance
$182,772
Interest Rate
6.71%
Mortgage Type
Construction
Estimated Equity
$111,192

Purchase Details

Closed on
Jan 1, 2005
Bought by
Killeen Ondrea Jill and Killeen James E
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
Timothy Kelly $250,000 --
Killeen Ondrea Jill -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timothy Kelly $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2023 07/13/23 Sold $250,000 -9.1% $345 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $275,000 -3.5% $379 / Sq Ft
04/04/2023 04/04/23 For Sale $285,000 0.0% $393 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $285,000 -- $393 / 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 $917 $239,300 $107,100 $132,200
2024 $917 $239,300 $107,100 $132,200
2023 $711 $152,800 $75,000 $77,800
2022 $711 $152,800 $75,000 $77,800
2021 $626 $130,500 $75,000 $55,500
2020 $626 $130,500 $75,000 $55,500
2019 $608 $126,700 $75,000 $51,700
2018 $608 $126,700 $75,000 $51,700
2017 $623 $127,200 $75,000 $52,200
2016 $623 $127,200 $75,000 $52,200
2015 $626 $127,700 $75,000 $52,700
2014 $626 $127,700 $75,000 $52,700
2013 -- $129,500 $75,000 $54,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 57344

APN: 030-A2-A0-00-0167-A0