7138 Piney Island Road

7138 Piney Island Road 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 1960 and is 64 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7138 Piney Island Road has 1,514 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 10,804 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 average. The building has a gable style roof. The inside of the home is being cooled with a packaged air conditioning unit at the moment. 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, 7138 Piney Island Road sold most recently in Jul 16, 2020 for a total of $319,000. If you work out the math, that's approximately a cost of $210.70 per sqft. Before that, the property was also sold for $289,000 in Jun 6, 2017. 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 $1,390 in taxes each year. 7138 Piney Island Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $299,000. If we break it down further, the land itself was valued at $130,000. Improvements to the property, however, were assessed at a total of $169,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.