NOT LISTED FOR SALE

7550 E Side Rd Chincoteague, VA 23336

Estimated Value: $390,000 - $610,000

2 Beds
2.5 Baths
1,664 Sq Ft
$295/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $498,500 $300 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,797/month

44 Days on Market

Highlights

  • Sea Front
  • Pier or Dock
  • Beach House
  • Water Views
  • Deep Water Access
  • Screened Porch

About This Home

As of August 2021

THIS IS WHAT CHINCOTEAGUE IS ALL ABOUT! WATERFRONT on the East Side where you can view the Lighthouse, Amazing Waterfront Vistas, Sunrises , The Ocean in the distance, The ponies grazing on the marshes, and the action during the Annual Pony Swim. This place is therapeutic and will take your breath away! this PRISTINE unit is in tip top shape being it has Original Owners. It has never been rented, has a brand New Roof, New Floors taken down to the studs. New Kitchen & Appliances, Newer HVAC, Newer Septic , And More. You get 25 FEET of DOCK to put your very own boat, wave runner, or paddle board. HUGE THIRD FLOOR BONUS ROOM. (makes a great suite). Town launching Boat Ramp is just a few doors down. Conveys furnished . Dues are only $600/year. You can't go wrong with this place! Paradise!

Last Agent to Sell the Property

Angie Abell

BEACH BAY REALTY, LLC License #0225042782 Listed on: 07/15/2021

Last Buyer's Agent

Angie Abell

BEACH BAY REALTY, LLC License #0225042782 Listed on: 07/15/2021

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1988

Lot Details

  • 1,176 Sq Ft Lot
  • Sea Front

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Beach House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • 3-Story Property
  • Bar
  • Sheet Rock Walls or Ceilings
  • Window Treatments
  • Dining Area
  • Screened Porch
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • No Garage
  • Stone Driveway
  • Open Parking

Outdoor Features

  • Deep Water Access
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 4
  • $340,800 per year additional tax assessments

Community Details

Overview

  • Waters Edge Subdivision

Recreation

  • Pier or Dock

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Year Built

Built in 1988

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Townhouse,Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.027
  • Lot Size: .027
  • Water Body Name: Assateague Channel
  • Subdivision Name: Waters Edge
  • Directions: Entering the island , turn right on Main St, Left on Church St, Church turns into East Side Dr. Home is on the right.
  • Architectural Style: Townhouse, Beach House
  • 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, Range Hood, Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Living Area: 1664
  • Window Features: Window Treatments
  • Room Bedroom2 Level: Second
  • Dining Room Features: Bar, Eat-in Kitchen, Dining Area
  • Living Room Living Room Level: First
  • Room Bedroom3 Level: Third
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: <.5 acre +/-
  • View: Water
  • View: Yes
  • Waterfront Features: Water Front, Seaside, Water Access, Deep, Waterfront
  • Waterfront: Yes
  • Disclosures: HOA Disclosure
  • Construction Type: Vinyl Siding, Sheetrock
  • Exterior Features: Pier/Dock
  • Foundation Details: Other
  • Other Structures: Shed/Barn
  • Patio And Porch Features: Screened
  • 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
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 600
  • 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: 1176.12
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: of record
  • Tax Lot: 4
  • Tax Map Number: 30A4-26-4
  • Tax Other Annual Assessment Amount: 340800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 11, 2021
Sold by
Neely Eugene G and Neely Peggy R
Bought by
Murphy David Eugene and Deris Renata Gamba
Seller's Agent
Angie Abell
BEACH BAY REALTY, LLC
Buyer's Agent
Angie Abell
BEACH BAY REALTY, LLC
List Price
$498,500
Sold Price
$498,500
Current Estimated Value
$490,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,587
Avg. Annual Appreciation
-0.36%
Original Mortgage
$473,575
Outstanding Balance
$429,300
Interest Rate
2.84%
Mortgage Type
Construction
Estimated Equity
$61,613
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Murphy David Eugene $498,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy David Eugene $473,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $498,500 0.0% $300 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $498,500 -- $300 / 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 $1,979 $516,600 $207,500 $309,100
2024 $1,979 $516,600 $207,500 $309,100
2023 $1,943 $417,800 $207,500 $210,300
2022 $1,943 $417,800 $207,500 $210,300
2021 $1,636 $340,800 $207,500 $133,300
2020 $1,636 $340,800 $207,500 $133,300
2019 $1,591 $331,500 $207,500 $124,000
2018 $1,591 $331,500 $207,500 $124,000
2017 $1,630 $332,700 $207,500 $125,200
2016 $1,630 $332,700 $207,500 $125,200
2015 $1,641 $334,900 $207,500 $127,400
2014 $1,641 $334,900 $207,500 $127,400
2013 -- $368,700 $237,500 $131,200
Source: Public Records

Agents Affiliated with this Home

  • Angie Abell

    Seller's Agent in 2021

    Angie Abell

    BEACH BAY REALTY, LLC

    (757) 710-1598

    192 in this area

    267 Total Sales

    Angie Abell
    Section Image
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 54216

APN: 030-A4-26-00-0004-00

Virginia Accomack County Chincoteague 23336

7550 E Side Rd, Chincoteague, VA

Not Listed for Sale

Townhouses

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