NOT LISTED FOR SALE

8103 Bailey Ln Chincoteague, VA 23336

Estimated Value: $145,447 - $165,000

2 Beds
2 Baths
980 Sq Ft
$161/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $72,000 $73 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $863/month

421 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Bar
  • Screened Porch
  • Storm Windows
  • Walk-In Closet

About This Home

As of January 2020

Own a part of the island. Trailer with permanent foundation and two add-on porches. Trailer on its own lot 155 x 55. Trailer is fully furnished and ready to move into. Central A/C. Master bedroom and bath with 2 large closets. Outdoor storage shed. Not in a mobile home park . Secluded location. A great way to have a second home on the island at a low price. Neat & Clean!

Last Agent to Sell the Property

Angie Abell

BEACH BAY REALTY, LLC License #0225042782 Listed on: 11/12/2018

Last Buyer's Agent

Angie Abell

BEACH BAY REALTY, LLC License #0225042782 Listed on: 11/12/2018

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $324

Year Built

  • Built in 1986

Lot Details

  • 8,525 Sq Ft Lot
  • Lot Dimensions are 155 x 55

Home Design

  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Bar
  • Sheet Rock Walls or Ceilings
  • Window Treatments
  • Screened Porch
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • Open Parking

Outdoor Features

  • Shed

Schools

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

Mobile Home

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Wall Furnace
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 73
  • $63,000 per year additional tax assessments

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$324

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Manufactured Home,Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1957
  • Lot Size: 155 x 55
  • Subdivision Name: Chincoteague
  • Directions: Entering the island, follow Maddox Blvd straight. Turn right on Chicken City Road. Go straight across Church Street on to Ridge Road. Continue a couple miles and turn left on Bailey's Lane. Home is on the left.
  • Architectural Style: Mobile
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Mobile Home
  • Year Built: 1986
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Range, Washer, Microwave, Refrigerator, Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Walk-In Closet(s), Other
  • Living Area: 980
  • Window Features: Window Treatments, Storm Window(s)
  • Room Bedroom2 Level: First
  • Dining Room Features: Bar, Eat-in Kitchen
  • Living Room Living Room Level: First
  • Room Bedroom2 Area: 97.75
  • Room Living Room Area: 221
  • Room Kitchen Area: 201.5

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Sheetrock, Panel
  • Foundation Details: Block
  • Other Structures: Shed/Barn
  • Patio And Porch Features: Screened, Enclosed
  • Property Condition: 15-30 yrs +/-
  • Roof: Composition

Garage/Parking

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

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Cooling: Heat Pump, Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Wall Furnace, Oil
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 8525
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 2004/02060
  • Tax Lot: 73
  • Tax Map Number: 30A2-A-73
  • Tax Other Annual Assessment Amount: 63000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
Jan 8, 2020
Sold by
Ingraham Robert C
Bought by
Wilkowski Richard
Seller's Agent
Angie Abell
BEACH BAY REALTY, LLC
Buyer's Agent
Angie Abell
BEACH BAY REALTY, LLC
List Price
$72,000
Sold Price
$72,000
Current Estimated Value
$157,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,612
Avg. Annual Appreciation
18.59%
Original Mortgage
$72,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
May 13, 2016
Sold by
Birch Arthur R and Birch Beverly K
Bought by
Ingraham Robert C
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
Wilkowski Richard $72,000 Attorney Only
Ingraham Robert C $53,500 Other
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wilkowski Richard $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Sold $72,000 +8370.6% $73 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
12/12/2018 12/12/18 Rented $850 -98.8% --
11/19/2018 11/19/18 Under Contract -- -- --
11/12/2018 11/12/18 For Sale $72,000 0.0% $73 / Sq Ft
09/12/2017 09/12/17 For Rent $850 -- --
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 $324 $84,500 $75,000 $9,500
2024 $324 $84,500 $75,000 $9,500
2023 $308 $66,200 $56,200 $10,000
2022 $308 $66,200 $56,200 $10,000
2021 $305 $63,600 $56,200 $7,400
2020 $305 $63,600 $56,200 $7,400
2019 $302 $63,000 $56,200 $6,800
2018 $306 $63,000 $56,200 $6,800
2017 $310 $63,200 $56,200 $7,000
2016 $310 $63,200 $56,200 $7,000
2015 $31 $64,200 $56,200 $8,000
2014 -- $64,200 $56,200 $8,000
2013 -- $64,200 $56,200 $8,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 48824

APN: 030-A2-A0-00-0073-00