NOT LISTED FOR SALE

7355 Emma Ln Chincoteague Island, VA 23336

Estimated Value: $313,000 - $427,000

3 Beds
2 Baths
1,100 Sq Ft
$319/Sq Ft Est. Value

Last Sold November 24, 2017

Last sale price $165,000 $150 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,932/month

478 Days on Market

Highlights

  • Water Views
  • Deck
  • Wood Flooring
  • Water Access
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of November 2017

Reduced! Motivated Seller! Water view 3 bedroom, two bath duplex is tucked away on private lane over looking Assateague Light House and Memorial Park. With a .30A of property including wetlands makes for the perfect island retreat. Short walk takes you to the park with play ground, tennis courts, boat ramp, fishing and crabbing piers. Seller will consider all reasonable offers.

Last Agent to Sell the Property

Gladys Baczek

COLDWELL BANKER HARBOUR REALTY License #0225154451 Listed on: 08/02/2016

COLDWELL BANKER HARBOUR REALTY

Last Buyer's Agent

Angie Abell

BEACH BAY REALTY, LLC License #0225042782

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,090

Year Built

  • Built in 2001

Lot Details

  • 0.3 Acre Lot

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Doors
  • Great Room
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • Open Parking

Outdoor Features

  • Water Access
  • Deck
  • Shed

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 2B
  • $157,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,090

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Duplex,Multi Family,Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: .30
  • Water Body Name: Assateague Channel
  • Subdivision Name: Chincoteague
  • Directions: Straight on to Maddox Blvd. right on Chicken City Road, to Ridge Road, left on Emma Lane.
  • 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: 2001
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Entry Location: 0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Vaulted Ceiling(s), Great Room, 1st Floor Bedroom
  • Living Area: 1100
  • Window Features: Double Pane Windows
  • Room Bedroom2 Level: First
  • Dining Room Features: Eat-in Kitchen, Other
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 120
  • Room Bedroom2 Area: 97
  • Room Living Room Area: 210
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 90

Exterior Features

  • Lot Features: <.5 acre +/-
  • View: Water
  • View: Yes
  • Waterfront Features: Water Access-Public
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Crawl Space, Block
  • Other Structures: Shed/Barn
  • Patio And Porch Features: Deck
  • Property Condition: 15-30 yrs +/-
  • Roof: Composition

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Heat Pump, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • 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: 13068
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 2003 / 03370
  • Tax Lot: 2B
  • Tax Map Number: 30A2-A-181
  • Tax Other Annual Assessment Amount: 157000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2016
Closed on
Oct 30, 2017
Sold by
Smith Paul H
Bought by
Grundman Bruce R
Seller's Agent
Gladys Baczek
COLDWELL BANKER HARBOUR REALTY
Buyer's Agent
Angie Abell
BEACH BAY REALTY, LLC
List Price
$235,000
Sold Price
$165,000
Premium/Discount to List
-$70,000
-29.79%
Current Estimated Value
$350,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,933
Avg. Annual Appreciation
9.98%
Original Mortgage
$148,500
Outstanding Balance
$125,727
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$225,206
Source: Public Records

Range of Values:

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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
Grundman Bruce R $165,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grundman Bruce R $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2017 11/24/17 Sold $165,000 -29.8% $150 / Sq Ft
11/24/2017 11/24/17 Pending -- -- --
08/02/2016 08/02/16 For Sale $235,000 -- $214 / 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 $1,090 $284,500 $92,600 $191,900
2024 $1,090 $284,500 $92,600 $191,900
2023 $933 $200,700 $69,400 $131,300
2022 $933 $200,700 $69,400 $131,300
2021 $784 $163,400 $69,400 $94,000
2020 $784 $163,400 $69,400 $94,000
2019 $751 $156,500 $69,400 $87,100
2018 $751 $156,500 $69,400 $87,100
2017 $769 $156,900 $69,400 $87,500
2016 $769 $156,900 $69,400 $87,500
2015 $771 $157,300 $69,400 $87,900
2014 $771 $157,300 $69,400 $87,900
2013 -- $159,700 $69,400 $90,300
Source: Public Records

Agents Affiliated with this Home

  • Gladys Baczek

    Seller's Agent in 2017

    Gladys Baczek

    COLDWELL BANKER HARBOUR REALTY

    (757) 894-0098

    36 in this area

    41 Total Sales

    Gladys Baczek
    Section Image
  • Angie Abell

    Buyer's Agent in 2017

    Angie Abell

    BEACH BAY REALTY, LLC

    (757) 710-1598

    193 in this area

    271 Total Sales

    Angie Abell
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 44036

APN: 030-A2-A0-00-0181-00

Virginia Accomack County Chincoteague Island 23336

7355 Emma Ln, Chincoteague Island, VA

This home is located at 7355 Emma Ln, Chincoteague Island, VA 23336 since 02 August 2016 and is currently estimated at $350,933, approximately $319 per square foot. This property was built in 2001. 7355 Emma Ln 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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