NOT LISTED FOR SALE

1016 Main St Vineyard Haven, MA 02568

Estimated Value: $4,029,000 - $21,603,851

9 Beds
7.5 Baths
8,636 Sq Ft
$1,484/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $11,000,000 $1,274 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $77,598/month

About This Home

As of April 2015

Fabulous, totally renovated 1903 year round home located in the seaside community of West Chop. This majestic home with a sprawling lawn enjoys unobstructed panoramic water views over Vineyard Sound and West Chop Trust* beach. Steeped in history, this home was once owned by the Saltonstall family in the early 1920's. The Saltonstalls added a large wing with a dramatic great room and master suite. The property was sold to the Howland family in the late 1920's and became a three generation summer home. Purchased in 2006, the present family has lived and enjoyed the community for three generations. Utilizing many of the features of an era gone by, this home was taken back to its timbers and masterfully recreated by duplicating many of the original historic elements and floor plan by a leading architect and rebuilt by a prominent Vineyard builder with meticulous attention to detail. Every amenity imaginable is here. Separate garage with with ample storage area and water view office above. House has been engineered and prepared for a/c in the event future owners wishes to add the final phase for activation. Title 5 10 bedroom septic. Security system.  This home will be enjoyed by young and old alike! *West Chop Club membership required for access to tennis courts, dining facilities, inn, all club activities, trust beaches, docks, plus Aquinnah beach key.

Last Agent to Sell the Property

June Flake

Viewpoints Listed on: 04/05/2015

Last Buyer's Agent

Bobbi Reed

Viewpoints

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,982

Year Built

  • 1903

Lot Details

  • 1.09 Acre Lot
  • Property is zoned R25

Home Design

  • 8,636 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms

Laundry

  • Washer

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • $2,015,100 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,982

Year Built

1903

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 752
  • Special Features: None
  • Year Built: 1903

Interior Features

  • Appliances: Stove: Propane, Washer: Yes
  • Has Basement: Full finished walkout basement/lower level:  Large family room, two bedrooms, two full baths, large laundry room, two utility rooms, numerous storage closets in hallways.
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Fireplace Features: 5
  • Interior Amenities: A,Ins,Irr,OSh, Floor 1: Foyer with staircase , parlor with fireplace, living room with fireplace, dining room with fireplace, screen porch/sunroom with fireplace, expansive kitchen & dining area, butler's pantry, cook's pantry, mudroom, back hall, half bath., Floor 2: Master bedroom with fireplace, dressing area, and bath, girl's wing with two bedrooms and shared bath, two guest rooms with shared bath, boy's wing with two bedrooms and shared bath., Floor 3: Spacious rec room with full bath.
  • Total Bedrooms: 20

Exterior Features

  • Pool Private: No
  • Foundation Details: Finished Full Walkout Basement/Poured Concrete
  • Other Structures: Two car garage with finished water view office above; double outside shower and changing area, fenced area for trash and recycling.

Garage/Parking

  • Parking Features: Ample

Utilities

  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 47480
  • Land Lease Expiration Date: 2014-11-30
  • Zoning: R25

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 41982
  • Tax Lot: 2
  • Tax Map Number: 1, J
  • Tax Other Annual Assessment Amount: 2015100
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2015
Closed on
Apr 22, 2015
Sold by
1016 Main Street Nt
Bought by
Webb Marijke R
Seller's Agent
June Flake
Viewpoints
Buyer's Agent
Bobbi Reed
Viewpoints
List Price
$13,750,000
Sold Price
$11,000,000
Premium/Discount to List
-$2,750,000
-20%
Current Estimated Value
$12,816,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,816,426
Avg. Annual Appreciation
1.49%

Purchase Details

Closed on
May 21, 2013
Sold by
Hackney Francis S and Hackney Lucy D
Bought by
Westwater Richard G and Westwater Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 14, 2006
Sold by
Howland Elizabeth R P and Howlan Elizabeth Phill
Bought by
1016 Main Street Nt and Hackney S Fain
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Webb Marijke R $11,000,000 --
Westwater Richard G $362,500 --
1016 Main Street Nt $4,787,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Westwater Richard G $250,000
Previous Owner 1016 Main Street Nt $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Sold $11,000,000 -20.0% $1,274 / Sq Ft
04/05/2015 04/05/15 Pending -- -- --
04/05/2015 04/05/15 For Sale $13,750,000 -- $1,592 / Sq Ft
Source: LINK (Vineyard)

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 $94,796 $12,522,600 $3,741,200 $8,781,400
2024 $100,599 $12,606,400 $3,825,000 $8,781,400
2023 $90,966 $12,427,100 $3,645,500 $8,781,600
2022 $87,107 $10,012,340 $2,398,140 $7,614,200
2021 $94,938 $10,353,100 $2,502,400 $7,850,700
2020 $96,594 $10,353,107 $2,502,407 $7,850,700
2019 $94,938 $10,353,100 $2,502,400 $7,850,700
2018 $97,793 $10,348,500 $2,497,800 $7,850,700
2017 $83,337 $9,147,900 $2,895,100 $6,252,800
2016 $45,504 $4,967,700 $1,843,600 $3,124,100
2015 -- $5,267,800 $2,143,700 $3,124,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    June Flake

    Viewpoints

  • B

    Buyer's Agent in 2015

    Bobbi Reed

    Viewpoints

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 25723

APN: TISB-000001J-000000-000002

Massachusetts Dukes County Vineyard Haven 02568

1016 Main St, Vineyard Haven, MA

This home is located at 1016 Main St, Vineyard Haven, MA 02568 since 05 April 2015 and is currently estimated at $12,816,426, approximately $1,484 per square foot. This property was built in 1903. 1016 Main St is a home located in Dukes County with nearby schools including Tisbury Elementary School, Martha's Vineyard Regional High School, and Vineyard Montessori School.

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