NOT LISTED FOR SALE

Estimated Value: $124,853 - $211,000

0.13 Acre
$1,280,485 Price per Acre
5,663 Sq Ft Lot

Last Sold October 16, 2017

Last sale price $43,000

Est. 287% increase in value since last sale

Current estimated payment $904/month

357 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • No HOA
  • Level Lot

About This Lot

As of October 2017

Lot in the affordable community of Ocean Breeze. Septic hookup and water access.

Last Agent to Sell the Property

Bob Faith

DOCKSIDE PROPERTIES License #0225091052 Listed on: 07/01/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $250

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Schools

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

Utilities

  • Septic Tank

Listing and Financial Details

  • Tax Lot 11D
  • $57,900 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Ocean Breeze Subdivision

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$250

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.13
  • Lot Size: .12
  • Subdivision Name: Ocean Breeze
  • Directions: From drawbridge turn right. Left on Church St. Right on Ridge Rd. Left on Sea Bird. Lot on left.
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: <.5 acre +/-
  • Topography: Level
  • Waterfront Features: None, Deeded Access

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available

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: 5662.8
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 2010 01766
  • Tax Lot: 11D
  • Tax Map Number: 30A1-10-11D
  • Tax Other Annual Assessment Amount: 57900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Sep 11, 2017
Bought by
Farnsworth Ronald J and Farnsworth Sandra K
Seller's Agent
Bob Faith
DOCKSIDE PROPERTIES
List Price
$59,900
Sold Price
$43,000
Premium/Discount to List
-$16,900
-28.21%
Current Estimated Value
$166,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,463
Avg. Annual Appreciation
17.30%
Original Mortgage
$85,316
Outstanding Balance
$63,783
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$86,647
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Farnsworth Ronald J $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farnsworth Ronald J $85,316
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2017 10/16/17 Sold $43,000 -28.2% --
06/24/2017 06/24/17 Pending -- -- --
07/01/2016 07/01/16 For Sale $59,900 -- --
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 $250 $65,300 $56,000 $9,300
2024 $250 $65,300 $56,000 $9,300
2023 $277 $59,600 $50,000 $9,600
2022 $277 $59,600 $50,000 $9,600
2021 $273 $56,800 $50,000 $6,800
2020 $273 $56,800 $50,000 $6,800
2019 $240 $50,000 $50,000 $0
2018 $240 $50,000 $50,000 $0
2017 $245 $50,000 $50,000 $0
2016 $245 $50,000 $50,000 $0
2015 $283 $57,800 $52,000 $5,800
2014 $283 $57,800 $52,000 $5,800
2013 -- $61,600 $55,000 $6,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 43853

APN: 030-A1-10-00-0011-D0