NOT LISTED FOR SALE

1 Fairmount Ave Oak Bluffs, MA 02557

Oak Bluffs Neighborhood

Estimated Value: $1,495,000 - $1,632,000

3 Beds
4 Baths
2,808 Sq Ft
$557/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $680,000 $242 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $9,061/month

127 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Porch
  • Deck
  • No HOA
  • Linen Closet

About This Home

As of November 2018

Opportunity abounds with this large 3 story home, just off of Barnes Road. The first floor could be either a legal 1 bedroom apartment, or a main floor Master with large entertainment area. The 2nd and 3rd floors were added in 2009. The 2nd floor has an open living/dining/kitchen area with a full bath, and a Master en Suite. The floors throughout the 2nd floor are oak. Kitchen has cherry cabinets, granite countertops and a custom island. The 3rd floor is currently being used as two separate office areas, along with a full bath. It could easily be converted to another large bedroom with a sitting area/office

Last Agent to Sell the Property

Janet Scott

Wallace & Co. Sotheby's International Realty License #448012608 Listed on: 06/12/2018

Wallace & Co. Sotheby's International Realty

Last Buyer's Agent

Janet Scott

Ocean Park Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,974

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Dirt Road
  • Property is zoned R1

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 2,808 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Washer and Gas Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Linen Closet
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Heating Available
  • Tankless Water Heater
  • Private Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16770

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,974

Year Built

Built in 1998 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1998
  • Lot Size Acres: 0.11
  • Road Surface Type: Dirt
  • Directions: From Edg.-Vineyard Haven Road take a right onto County road.Drive to the very end of County. At the stop, turn left onto Barnes Road. The driveway is on the left with a rock numbered 54 in front.
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None
  • Year Renovated: 2009

Interior Features

  • Appliances: Electric Water Heater, Tankless Water Heater
  • Total Bedrooms: 3
  • Interior Amenities: Recessed Lighting, Pantry, Linen Closet
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Hardwood, Tile, Other
  • Living Area: 2808
  • Stories: 2

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Other
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Updated/Remodeled
  • Roof: Asphalt

Utilities

  • Cooling: None
  • Heating: Other
  • Sewer: Private Sewer
  • Utilities: Cable Available
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R1
  • Land Lease: No
  • Lot Size Sq Ft: 4792
  • Parcel #: 16770
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4974
  • Tax Book Number: 733

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Nov 29, 2018
Sold by
Re Joseph A and Re Linda M
Bought by
Harris Richard R and Harris Pamela C
Seller's Agent
Janet Scott
Wallace & Co. Sotheby's International Realty
Buyer's Agent
Janet Scott
Ocean Park Realty, Inc.
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Current Estimated Value
$1,565,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$885,096
Avg. Annual Appreciation
13.10%
Original Mortgage
$544,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 1998
Sold by
Nancy Eddy L
Bought by
Re Joseph A and Re Linda M
Source: Public Records

Range of Values:

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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
Harris Richard R -- --
Harris Richard R $680,000 --
Re Joseph A $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Richard R $118,000
Open Harris Richard R $545,000
Closed Harris Richard R $544,000
Previous Owner Re Joseph A $179,000
Previous Owner Re Joseph A $200,000
Previous Owner Re Joseph A $120,000
Previous Owner Re Joseph A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2018 11/29/18 Sold $680,000 -2.7% $242 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $699,000 -- $249 / Sq Ft
Source: Martha's Vineyard MLS

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 $6,596 $1,306,100 $460,900 $845,200
2024 $6,575 $1,257,200 $418,800 $838,400
2023 $6,125 $1,160,100 $407,000 $753,100
2022 $5,947 $875,800 $306,500 $569,300
2021 $5,096 $691,400 $259,800 $431,600
2020 $5,175 $695,500 $247,400 $448,100
2019 $5,045 $656,000 $215,800 $440,200
2018 $4,974 $635,300 $194,900 $440,400
2017 $4,729 $580,300 $184,800 $395,500
2016 $4,334 $534,400 $190,500 $343,900
2015 $4,046 $508,300 $189,800 $318,500
2014 $3,845 $492,300 $169,200 $323,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Janet Scott

    Wallace & Co. Sotheby's International Realty

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Map

Source: Martha's Vineyard MLS

MLS Number: 21804425

Martha

APN: OAKB-000016-000077

Massachusetts Dukes County Oak Bluffs Oak Bluffs

1 Fairmount Ave, Oak Bluffs, MA

This home is located at 1 Fairmount Ave, Oak Bluffs, MA 02557 since 12 June 2018 and is currently estimated at $1,565,096, approximately $557 per square foot. This property was built in 1998. 1 Fairmount Ave is a home located in Dukes County with nearby schools including Oak Bluffs Elementary School and Martha's Vineyard Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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