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3492 Main Street

3492 Main Street, Chincoteague Island, VA 23336
House
Sold Jun 29, 2018
$120,000
$263,200 by Citizens Bk Na
Mortgage Due Jul 01, 2048
This has been categorized as a residential property type. In total, the area measurement of the land is 9,849 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3492 Main Street sold most recently in Jun 4, 2018 for a total of $120,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,694 in taxes each year. 3492 Main Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $579,300. If we break it down further, the land itself was valued at $200,000. Improvements to the property, however, were assessed at a total of $379,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,849
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.226
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3492 S. MAIN ST DAISEY RES

Ownership

  • Current Owner : ELMQUIST FAREST M
  • Previous Owner : FISHER MARGARET L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Accomack County Public Schools
  • Census Tract: 090102

Geography

  • Account Number: 30578
  • District: 6
  • Parcel: 030A3A000012800
  • Municipality: CHINCOTEAGUE
  • Latitude: 37.9239
  • Longitude: -75.3893

    Address

  • Full Address: 3492 Main St
  • Address - House Number: 3492
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: VA
  • City Name: Chincoteague Island
  • Carrier Code: C001
  • 4-Digit Zip Code: 1550
  • Zip Code: 23336

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,694

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 636,531
  • High Value: 766,399
  • Low Value: 506,664

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $263,200
  • First Open Lien Mortgage Lender: CITIZENS BK NA
  • First Open Lien Mortgage Recording Date: Jun 29, 2018
  • First Open Lien Mortgage Loan Amount: $263,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $579,300
  • Market Land Value: $200,000
  • Market Improvement Value: $379,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $579,300
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $379,300

    Sales

  • Current Sale Contract Date: Jun 04, 2018
  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Transaction ID: 11709920823
  • Current Sale Price: $120,000
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BK NA
  • First Mortgage Transaction Date: Jun 29, 2018
  • First Mortgage Loan Amount: $263,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

About Chincoteague



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Nearby Rentals

Unit for rent at 7186 Wayne Rd, CHINCOTEAGUE, VA, 23336

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,060 ft²
7186 Wayne Rd, CHINCOTEAGUE, VA, 23336 Listing by Lynne Ballerini

Frequently Asked Questions

What neighborhood is 3492 Main Street located in?
The 3492 Main Street is a house located in the neighborhood of in Chincoteague, Chincoteague Island.
What is the average sales price for listings in 3492 Main Street?
The average sales price for units in 3492 Main Street is $225,000 , or $185/sqft. currently.

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