Sold for $159,000

$159,000

5516 Main St, Chincoteague Island, VA 23336

3beds

1,120sqft

Single Family Residence

Built in 1950

0.3 Acres Lot

$303,300 Zestimate^®

$142/sqft

$1,802 Estimated rent

Home value

$303,300

$258,000 - $352,000

$1,802/mo

Zestimate^® history

Owner options

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$1,802/mo

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$1,802/mo

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$738/mo

Est. payment

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$738/mo

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What's special

Side yardFrench doorsOpen front porch

North Main Street location with creek in the back and tidal ponds across the streetthe best of Island life. Home needs major renovation or tear down but it's all about the location. Nice lot size of .30. Whether you decide to level it and start fresh or bring this home back to its former glory IT IS WORTH THE WORK! This home has an open front porch to watch the abundant wildlife across the street. First level living room with French Doors, full bath & kitchen with side entrance to concrete floor utility room leads out to the side yard & creekfront back yard. The second level offers three bedrooms & one full bathroom. Being sold AS-IS. All inspections & due diligence is buyer's responsibility. Room sizes, year, square footage, lot size approximate. Priced under tax assessment.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Dining room

Features: Eat-in Kitchen

Heating

Baseboard

Cooling

None

Appliances

Included: Range, Refrigerator, Other, Electric Water Heater
Laundry: Washer/Dryer Hookup

Features

Windows: Window Treatments

Interior area

Total structure area: 1,120
Total interior livable area: 1,120 sqft

Property

Parking

Parking features: No Garage, Natural Driveway
Has uncovered spaces: Yes

Features

Levels: Two
Patio & porch: Porch
Body of water: Creek

Lot

Size: 0.3 Acres
Dimensions: .30
Features: <.5 acre +/-

Details

Parcel number: 031B1A0000094B0
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Eastern Shore Style,Other
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Other
Roof: Composition

Condition

50-100 yrs +/-,Fixer
New construction: No
Year built: 1950

Utilities & green energy

Sewer: Cesspool
Water: Public

Community & HOA

Community

Features: Community Amenities
Subdivision: Chincoteague

Location

Region: Chincoteague Island

Financial & listing details

Price per square foot: $142/sqft
Tax assessed value: $272,900
Annual tax amount: $1,167
Date on market: 8/25/2022

Price history

Date	Event	Price
2/26/2024	Sold	$159,000$142/sqft
Source: Eastern Shore AOR #56088 Report a problem
10/15/2023	Pending sale	$159,000$142/sqft
Source: Eastern Shore AOR #56088 Report a problem
8/25/2022	Listed for sale	$159,000$142/sqft
Source: Eastern Shore AOR #56088 Report a problem
8/14/2022	Listing removed	--
Source: Eastern Shore AOR #56088 Report a problem
8/14/2022	Pending sale	$159,000$142/sqft
Source: Eastern Shore AOR #56088 Report a problem
6/16/2022	Listed for sale	$159,000-5.9%$142/sqft
Source: Eastern Shore AOR #56088 Report a problem
12/1/2020	Listing removed	$169,000$151/sqft
Source: DOCKSIDE PROPERTIES #47778 Report a problem
10/2/2020	Listed for sale	$169,000$151/sqft
Source: DOCKSIDE PROPERTIES #47778 Report a problem
8/28/2020	Pending sale	$169,000$151/sqft
Source: DOCKSIDE PROPERTIES #47778 Report a problem
11/30/2018	Price change	$169,000-7.1%$151/sqft
Source: DOCKSIDE PROPERTIES #47778 Report a problem
5/20/2018	Listed for sale	$182,000$163/sqft
Source: DOCKSIDE PROPERTIES #47778 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,045	$272,900
2024	$1,045 +1.1%	$272,900 +22.7%
2023	$1,034	$222,400
2022	$1,034 +13.9%	$222,400 +17.6%
2021	$908	$189,100
2020	--	$189,100 +3.2%
2019	$879	$183,200
2018	$879 +34.2%	$183,200 +37%
2017	$655	$133,700
2016	$655 -0.7%	$133,700 -0.7%
2015	$660	$134,600
2014	$660	$134,600 -1.9%
2013	$660 +2.3%	$137,200
2012	$645 +22.4%	$137,200 -1%
2011	$527	$138,600