NOT LISTED FOR SALE

7548 E Side Rd Chincoteague, VA 23336

Estimated Value: $383,000 - $528,000

2 Beds
2.5 Baths
1,600 Sq Ft
$299/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $475,000 $297 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,724/month

56 Days on Market

Highlights

  • Pier or Dock
  • Waterfront
  • Beach House
  • Deep Water Access
  • Deck
  • Great Room

About This Home

As of November 2022

7548 East Side Road is a beautiful townhome with in my opinion the best views Chincoteague Island has to offer. Situated on the Assateague Channel with a nice boat dock you'll enjoy views of ponies and lighthouse from your multi-level deck. The first floor is an open space with remodeled kitchen including granite counters and vinyl plank flooring. You'll be able to walk right out of your living room to the dock and on your boat. The first floor also offers a half bath and laundry. The second level features a primary suite with a large deck overlooking Assateague Island and a private bath. There is also a hall bath and second bedroom on the front. The 3rd level is a great bonus space with a large additional storage room. Roof 2019, HVAC 2015, Condition Crawlspace 2017. Sold Furnished

Last Agent to Sell the Property

The Mcgoldrick Team, Llc

LONG & FOSTER Captains Cove License #0226028667 Listed on: 08/04/2022

Last Buyer's Agent

Barbara Bowden

COLDWELL BANKER HARBOUR REALTY License #0225236616

COLDWELL BANKER HARBOUR REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,095

Year Built

  • Built in 1988

Lot Details

  • 1,742 Sq Ft Lot
  • Waterfront

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Beach House
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 3-Story Property
  • Bar
  • Sheet Rock Walls or Ceilings
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • No Garage
  • Stone Driveway
  • Open Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Deep Water Access
  • Seawall
  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 5
  • $391,600 per year additional tax assessments

Community Details

Overview

  • Waters Ed Association
  • Chincoteague Subdivision

Recreation

  • Pier or Dock

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,095

Year Built

Built in 1988

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Sub Type: Townhouse,Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Lot Size: .04
  • Water Body Name: Assateague Channel
  • Subdivision Name: Chincoteague
  • Directions: From the bridge turn right on Main St, Left on Church St, this will become East Side Rd. This property will be on the left after the public boat launch.
  • Architectural Style: Townhouse, Beach House, Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1988
  • Kitchen Level: First
  • RoomBedroom1Level: Second
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Electric Water Heater, Range, Washer, Dryer, Refrigerator, Microwave, Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Entry Location: First
  • Fireplace Features: One Fireplace, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Great Room
  • Living Area: 1600
  • Window Features: Window Treatments, Double Pane Windows
  • Room Bedroom2 Level: Second
  • Dining Room Features: Bar, Dining Area
  • Living Room Living Room Level: First
  • Room Bedroom3 Level: Third
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: Water Front, Deep, Other-See Remarks, Waterfront, Seawall
  • Waterfront: Yes
  • Disclosures: HOA Disclosure
  • Construction Type: Vinyl Siding, Sheetrock
  • Exterior Features: Pier/Dock, Other
  • Foundation Details: Crawl Space, Block
  • Patio And Porch Features: Deck
  • Property Condition: 30-50 yrs +/-
  • Roof: Composition, Age 0-9 yrs +/-

Garage/Parking

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

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Shared Septic
  • Utilities: Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Association Name: Waters Ed
  • Association: Yes

Schools

  • Elementary School: Chincoteague
  • High School: Chincoteague
  • Middle Or Junior School: Chincoteague Combined

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2095.06
  • Tax Book Number: 2013 01814
  • Tax Lot: 5
  • Tax Map Number: 30A4-26-5
  • Tax Other Annual Assessment Amount: 391600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Oct 20, 2022
Sold by
Gehring Sarah E
Bought by
Spence Robert James
Seller's Agent
The Mcgoldrick Team, Llc
LONG & FOSTER Captains Cove
Buyer's Agent
Barbara Bowden
COLDWELL BANKER HARBOUR REALTY
List Price
$625,000
Sold Price
$475,000
Premium/Discount to List
-$150,000
-24%
Current Estimated Value
$478,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,554
Avg. Annual Appreciation
0.23%
Original Mortgage
$275,000
Outstanding Balance
$266,115
Interest Rate
6.9%
Mortgage Type
Construction
Estimated Equity
$212,439
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spence Robert James $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spence Robert James $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2022 11/10/22 Sold $475,000 -24.0% $297 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $625,000 -- $391 / Sq Ft
Source: Eastern Shore Association of REALTORS®

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 $1,822 $475,700 $207,500 $268,200
2024 $1,822 $475,700 $207,500 $268,200
2023 $1,821 $391,600 $207,500 $184,100
2022 $1,821 $391,600 $207,500 $184,100
2021 $1,629 $339,400 $207,500 $131,900
2020 $1,629 $339,400 $207,500 $131,900
2019 $1,585 $330,300 $207,500 $122,800
2018 $1,585 $330,300 $207,500 $122,800
2017 $1,624 $331,400 $207,500 $123,900
2016 $1,624 $331,400 $207,500 $123,900
2015 $1,635 $333,600 $207,500 $126,100
2014 $1,635 $333,600 $207,500 $126,100
2013 -- $367,400 $237,500 $129,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 56338

APN: 030-A4-26-00-0005-00