NOT LISTED FOR SALE

Estimated Value: $257,000 - $340,000

2 Beds
2 Baths
940 Sq Ft
$318/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $160,000 $170 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,680/month

346 Days on Market

Highlights

  • Water Views
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Water Access
  • No HOA
  • Cooling Available

About This Home

As of January 2019

MAKE AN OFFER!! Waterview Duplex priced to sell! You will LOVE the sunrises over beautiful Assateague Island. Successful vacation rental history. One bedroom and bath room on each level. Living Room and kitchen on top level to maximize your views of the Assateague Channel. Covered parking area. Deck with a view of the water. Across the street from a public boat ramp. In just minutes you can be in the water with your boat. This is great for year round or vacation living. Great income potential. Washer and dryer on level one. You may even see some ponies across the water. New fence being installed in May 2018 to the left of the unit. This is a must see. Make sure this duplex is on your list of homes to see! Bring us an offer. We will consider all fair offers!! Motivated Seller!!

Last Agent to Sell the Property

Bob Faith

DOCKSIDE PROPERTIES License #0225091052 Listed on: 01/29/2018

Last Buyer's Agent

Bob Faith

DOCKSIDE PROPERTIES License #0225091052 Listed on: 01/29/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $805

Year Built

  • Built in 1990

Lot Details

  • 4,356

Home Design

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

Interior Spaces

  • 940 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Dining Area
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Driveway
  • Open Parking

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Shared Septic
  • Cable TV Available

Additional Features

  • Water Access
  • 4,356 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • $144,700 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$805

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Duplex,Multi Family,Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Lot Size: .1
  • Water Body Name: Assateague Channel
  • Subdivision Name: Chincoteague
  • Directions: From drawbridge, right on Main St. Left on Church St. Church Street turns into Eastside Dr. On right.
  • Architectural Style: Duplex
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1990
  • Kitchen Level: Second
  • RoomBedroom1Level: Second
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: 0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 940
  • Window Features: Window Treatments
  • Room Bedroom2 Level: First
  • Dining Room Features: Eat-in Kitchen, Dining Area
  • Living Room Living Room Level: Second
  • Room Bedroom2 Area: 120
  • Room Living Room Area: 270
  • Room Kitchen Area: 120

Exterior Features

  • Lot Features: <.5 acre +/-
  • View: Water
  • View: Yes
  • Waterfront Features: Water Access-Public
  • Construction Type: Vinyl Siding
  • Foundation Details: Pillar/Post/Pier, Block
  • Property Condition: Unknown
  • Roof: Composition

Garage/Parking

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

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: 4356
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 2006 00851
  • Tax Lot: 0
  • Tax Map Number: 30A4-33-A
  • Tax Other Annual Assessment Amount: 144700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
Jan 9, 2019
Sold by
Kirk Rebecca L
Bought by
Kennedy Marisu
Seller's Agent
Bob Faith
DOCKSIDE PROPERTIES
Buyer's Agent
Bob Faith
DOCKSIDE PROPERTIES
List Price
$199,900
Sold Price
$160,000
Premium/Discount to List
-$39,900
-19.96%
Current Estimated Value
$298,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,523
Avg. Annual Appreciation
10.09%
Original Mortgage
$128,000
Outstanding Balance
$112,762
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$188,913
Source: Public Records

Range of Values:

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Average Value
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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
Kennedy Marisu $160,000 Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Marisu $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $160,000 -20.0% $170 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
01/29/2018 01/29/18 For Sale $199,900 -- $213 / 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 $805 $210,200 $45,000 $165,200
2024 $805 $210,200 $45,000 $165,200
2023 $742 $159,600 $45,000 $114,600
2022 $742 $159,600 $45,000 $114,600
2021 $611 $127,300 $45,000 $82,300
2020 $611 $127,300 $45,000 $82,300
2019 $581 $121,000 $45,000 $76,000
2018 $581 $121,000 $45,000 $76,000
2017 $596 $121,600 $45,000 $76,600
2016 $596 $121,600 $45,000 $76,600
2015 $709 $144,700 $67,500 $77,200
2014 $709 $144,700 $67,500 $77,200
2013 -- $147,000 $67,500 $79,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 47000

APN: 030-A4-33-00-A000-00