NOT LISTED FOR SALE

7531 Pony Cove Ln Chincoteague Island, VA 23336

Chincoteague Neighborhood

Estimated Value: $344,000 - $369,000

2 Beds
1 Bath
1,228 Sq Ft
$292/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $305,000 $248 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,075/month

49 Days on Market

Highlights

  • Multiple Garages
  • No HOA
  • Detached Garage
  • Wood Flooring
  • Screened Porch
  • Cooling Available

About This Home

As of October 2021

Room to Grow! You'll love this amazing 1 1/2 story duplex, with 2 bedrooms, 1 bath, situated on a private lane on the south end of Chincoteague Island. It features a spacious living room/ dining room combo, family room w/vaulted exposed beam ceiling, kitchen with stainless steel appliances, and hardwood floors throughout. The ornate wood moldings and shiplap walls add so much character and charm to this unit! There is also a walk-up entrance to a floored upper level, which can easily be converted to additional living space! The 3-car detached garage provides so much room for cars or storage. Situated within close proximity to Main Street, Tom's Cove, Memorial Park, shopping and beaches. This is a turn-key rental property.

Last Agent to Sell the Property

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807 Listed on: 09/06/2021

LONG & FOSTER CHINCOTEAGUE

Last Buyer's Agent

Meghan Oliver Clarkson

LONG & FOSTER CHINCOTEAGUE License #0225085807 Listed on: 09/06/2021

LONG & FOSTER CHINCOTEAGUE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $911

Year Built

  • Built in 1989

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,228 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Window Treatments
  • Insulated Doors
  • Dining Area
  • Screened Porch
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • Multiple Garages

Schools

  • Chincoteague Elementary School
  • Chincoteague Combined Middle School
  • Chincoteague 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 2B1
  • $162,700 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$911

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Duplex,Multi Family,Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 0.16
  • Subdivision Name: Chincoteague
  • Directions: From the bridge turn right onto Main St. Left onto Church St. Right on to Ridge Rd. Follow south, turn right onto Pony Cove Rd. Homee is on the right
  • Architectural Style: Duplex
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1989
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Range, Washer, Dryer, Refrigerator, Microwave, Dishwasher
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Doors, Storm Door(s)
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile, Hardwood
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 1228
  • Window Features: Window Treatments
  • Dining Room Features: Dining Area

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Screened
  • Property Condition: 30-50 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Detached, Multi- Car

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • 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
  • Middle Or Junior School: Chincoteague Combined

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 911.12
  • Tax Book Number: 2000 04866
  • Tax Lot: 2B1
  • Tax Map Number: 30A2-15-2B1
  • Tax Other Annual Assessment Amount: 162700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Nov 9, 2020
Sold by
Beiswenger Carl J and Beiswenger Carolyn J
Bought by
Carpenter Lonnie Eugene
Seller's Agent
Gladys Baczek
COLDWELL BANKER HARBOUR REALTY
Buyer's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
List Price
$225,000
Sold Price
$218,000
Premium/Discount to List
-$7,000
-3.11%
Current Estimated Value
$358,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,924
Avg. Annual Appreciation
11.04%
Original Mortgage
$174,400
Interest Rate
2.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2009
Sold by
Federal Hm Ln Mtg Corp
Bought by
Beiswenger Carl and Beiswenger Carolyn J
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
Carpenter Lonnie Eugene $218,000 Attorney Only
Beiswenger Carl $145,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Julie Scott $244,000
Closed Carpenter Lonnie Eugene $174,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $305,000 -3.2% $248 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
09/06/2021 09/06/21 For Sale $315,000 +44.5% $257 / Sq Ft
11/16/2020 11/16/20 Sold $218,000 -3.1% $182 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $225,000 -- $188 / 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 $1,432 $373,900 $82,800 $291,100
2024 $1,268 $331,200 $82,800 $248,400
2023 $1,099 $236,300 $62,100 $174,200
2022 $1,096 $235,600 $62,100 $173,500
2021 $781 $162,700 $62,100 $100,600
2020 $781 $162,700 $62,100 $100,600
2019 $746 $155,400 $62,100 $93,300
2018 $746 $155,400 $62,100 $93,300
2017 $768 $156,700 $62,100 $94,600
2016 $768 $156,700 $62,100 $94,600
2015 $773 $157,700 $62,100 $95,600
2014 $773 $157,700 $62,100 $95,600
2013 -- $161,900 $62,100 $99,800
Source: Public Records

Agents Affiliated with this Home

  • Meghan Oliver Clarkson

    Seller's Agent in 2021

    Meghan Oliver Clarkson

    LONG & FOSTER CHINCOTEAGUE

    (757) 894-0798

    298 in this area

    703 Total Sales

    Meghan Oliver Clarkson
    Section Image
  • Gladys Baczek

    Seller's Agent in 2020

    Gladys Baczek

    COLDWELL BANKER HARBOUR REALTY

    (757) 894-0098

    38 in this area

    43 Total Sales

    Gladys Baczek
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 54524

APN: 030-A2-15-00-0002-B1

Virginia Accomack County Chincoteague Island 23336 Chincoteague

7531 Pony Cove Ln, Chincoteague Island, VA

This home is located at 7531 Pony Cove Ln, Chincoteague Island, VA 23336 since 06 September 2021 and is currently estimated at $358,924, approximately $292 per square foot. This property was built in 1989. 7531 Pony Cove 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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