NOT LISTED FOR SALE

7516 Doe Bay Ln Chincoteague Island, VA 23336

Chincoteague Neighborhood

Estimated Value: $450,982 - $491,000

2 Beds
2.5 Baths
2,018 Sq Ft
$237/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $410,000 $203 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,783/month

48 Days on Market

Highlights

  • Water Views
  • Spa
  • Farm
  • Water Access
  • Deck
  • Beach House

About This Home

As of September 2023

Stunning Duplex w/ Scenic Water & Sunset Views! Discover this beautiful 2-bedroom duplex, w/ an add'l BONUS room currently used as a bedroom, 2.5 baths. Nestled on a quaint lane just moments away from the Chincoteague Bay, this residence offers a tranquil retreat. The open floor plan & generously sized rooms create an inviting atmosphere. The expansive LR is adorned w/ a cozy gas fireplace, providing a gathering spot. Step through the sliding glass doors onto the front deck, where you can marvel at breathtaking sunsets. The spacious eat-in kitchen showcases tile flooring, a breakfast bar, & silistone counters. Add'ly, it features a convenient door leading to a large screened deck, offering a delightful outdoor dining area. Ground level storage & outdoor shower. Sold partially furnished.

Last Agent to Sell the Property

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE Brokerage Phone: 7573365100 License #0225085807 Listed on: 07/06/2023

LONG & FOSTER CHINCOTEAGUE

Last Buyer's Agent

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE Brokerage Phone: 7573365100 License #0225085807 Listed on: 07/06/2023

LONG & FOSTER CHINCOTEAGUE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,922

Year Built

  • Built in 2007

Lot Details

  • 7,405

Home Design

  • Duplex
  • Beach House
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,018 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Pine Flooring
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Spa Bath

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • No Garage

Outdoor Features

  • Spa
  • Water Access
  • Deck
  • Patio

Schools

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

Utilities

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

Additional Features

  • 7,405 Sq Ft Lot
  • Farm

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 598
  • $352,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,922

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Duplex,Multi Family,Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 0.17
  • Water Body Name: Chincoteague Bay
  • Subdivision Name: Chincoteague
  • Directions: From the bridge turn right and follow south. Turn left onto Doe Bay Lane. The unit is the second duplex to the south
  • Architectural Style: Duplex, Beach House
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 2007
  • Attribution Contact: 7573365100
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Private, Bath
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Entry Location: -
  • Fireplace Features: One Fireplace, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Pine
  • Interior Amenities: Walk-In Closet(s)
  • Living Area: 2018
  • Window Features: Window Treatments, Double Pane Windows
  • Dining Room Features: Eat-in Kitchen, Living Room Combo

Exterior Features

  • Lot Features: <.5 acre +/-, Farm
  • View: Water
  • View: Yes
  • Waterfront Features: Water Access
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Patio, Deck
  • Property Condition: 5-15 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, No Garage

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Shared Septic
  • Utilities: Cable Connected
  • 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: 7405.2
  • Farm Land Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1922.06
  • Tax Book Number: 2005 07433
  • Tax Lot: 598
  • Tax Map Number: 30A1-1-59B
  • Tax Other Annual Assessment Amount: 352000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Sep 14, 2023
Sold by
Murphy John A and Murphy Kimberly K
Bought by
Lokken Julie Lynn
Seller's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
Buyer's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
List Price
$455,000
Sold Price
$410,000
Premium/Discount to List
-$45,000
-9.89%
Views
724
Current Estimated Value
$479,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,246
Avg. Annual Appreciation
8.66%
Original Mortgage
$250,000
Outstanding Balance
$246,048
Interest Rate
7.2%
Mortgage Type
Construction
Estimated Equity
$233,198
Source: Public Records

Range of Values:

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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
Lokken Julie Lynn $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lokken Julie Lynn $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $410,000 -3.5% $203 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $425,000 -4.5% $211 / Sq Ft
07/28/2023 07/28/23 Price Changed $445,000 -2.2% $221 / Sq Ft
07/07/2023 07/07/23 For Sale $455,000 -- $225 / 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 $1,904 $497,200 $45,000 $452,200
2024 $1,904 $497,200 $45,000 $452,200
2023 $1,640 $352,700 $45,000 $307,700
2022 $1,640 $352,700 $45,000 $307,700
2021 $1,275 $265,600 $45,000 $220,600
2020 $1,275 $265,600 $45,000 $220,600
2019 $1,190 $248,000 $45,000 $203,000
2018 $1,190 $248,000 $45,000 $203,000
2017 $1,219 $248,700 $45,000 $203,700
2016 $1,219 $248,700 $45,000 $203,700
2015 $1,317 $268,700 $67,500 $201,200
2014 $1,317 $268,700 $67,500 $201,200
2013 -- $273,600 $67,500 $206,100
Source: Public Records

Agents Affiliated with this Home

  • Meghan Oliver Clarkson

    Seller's Agent in 2023

    Meghan Oliver Clarkson

    LONG & FOSTER CHINCOTEAGUE

    (757) 894-0798

    298 in this area

    705 Total Sales

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 57978

APN: 030-A1-01-00-0059-B0

Virginia Accomack County Chincoteague Island 23336 Chincoteague

7516 Doe Bay Ln, Chincoteague Island, VA

This home is located at 7516 Doe Bay Ln, Chincoteague Island, VA 23336 since 06 July 2023 and is currently estimated at $479,246, approximately $237 per square foot. This property was built in 2007. 7516 Doe Bay 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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