4173 School Street

4173 School Street has been categorized by the local assessors in Chincoteague Island, VA as a residential type of property. The building on the property was first built in 1930 and is 94 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4173 School Street has 1,724 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,692 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as fair. The building has a gable style roof. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a space/suspended heating system. 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, 4173 School Street sold most recently in Apr 8, 2021 for a total of $180,000. If you work out the math, that's approximately a cost of $104.41 per sqft. 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 $656 in taxes each year. The initial year of tax delinquency occurred in 2020. 4173 School Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $141,100. If we break it down further, the land itself was valued at $68,700. Improvements to the property, however, were assessed at a total of $72,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.