11 Myrtle Ave Oak Bluffs, MA 02557
Oak Bluffs NeighborhoodEstimated Value: $976,000 - $1,096,000
2
Beds
2
Baths
1,050
Sq Ft
$981/Sq Ft
Est. Value
About This Home
As of March 2020Oak Bluffs Ranch Style home located in a very desirable private setting in the East Chop Highlands! There are 2 bedrooms and 2 bathrooms along with a galley style kitchen. This year round house will keep you cozy in the winter with fuel efficient propane heat and a wood burning stove (including a woodshed chock-full of seasoned wood), and summer in comfort with wall unit A/C’s. A heated partial basement also offers additional storage and/or living space and a charming garden shed is also on the property. The large lot offers an abundance of parking and private intimate spaces to relax with a private deck and outdoor shower on each side facing nicely landscaped yards. There are no abutting properties as you are surrounded by three streets (the back one a paper road ) and a park. The original house was under 400 square feet with additions (including basement) done by previous owner, including modern wiring and plumbing, so it is effectively a fully modern house. This property is in a great location for renting and has a strong Air bnb rental history. Rent it out partially and still maintain owner privacy or fully for maximum income, this will easily pay for some or all of your mortgage. It is turn key and low maintenance, ready to produce income early in the Spring! Easy stroll to Oak Bluffs Harbor, public beaches, East Chop Lighthouse, restaurants and galleries! TITLE 5 Report in hand for 2 bedrooms and recently pumped septic! Recent improvements include interior & exterior painting with new roof on the back side, an updated kitchen with new fridge, cabinets and beautiful butcher block counter-tops and a new hot water heater. A very versatile house that lives larger than it looks and is move-in ready!
Last Agent to Sell the Property
Marilyn Moses
Ocean Park Realty Inc Listed on: 09/04/2019
Last Buyer's Agent
Marilyn Moses
Ocean Park Realty Inc Listed on: 09/04/2019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2019
Closed on
Mar 17, 2020
Sold by
Tumminello Paul
Bought by
Cruz James and Cruz Sharon
Seller's Agent
Marilyn Moses
Ocean Park Realty Inc
Buyer's Agent
Marilyn Moses
Ocean Park Realty Inc
List Price
$649,000
Sold Price
$545,000
Premium/Discount to List
-$104,000
-16.02%
Total Days on Market
169
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,859
Avg. Annual Appreciation
12.83%
Purchase Details
Closed on
Jul 25, 2006
Sold by
Flu Leona C
Bought by
Tumminello Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,800
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Oak Bluffs, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cruz James | $545,000 | None Available | |
| Tumminello Paul | $448,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Flu Leona C | $256,000 | |
| Previous Owner | Flu Leona C | $351,750 | |
| Previous Owner | Tumminello Paul | $364,000 | |
| Previous Owner | Tumminello Paul | $358,800 | |
| Previous Owner | Flu Leona C | $102,000 | |
| Previous Owner | Flu Leona C | $93,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2020 03/30/20 | Sold | $545,000 | -16.0% | $519 / Sq Ft |
| 02/20/2020 02/20/20 | Pending | -- | -- | -- |
| 09/04/2019 09/04/19 | For Sale | $649,000 | -- | $618 / Sq Ft |
Source: LINK (Vineyard)
Tax History Compared to Growth
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 | $4,077 | $807,400 | $567,800 | $239,600 |
| 2024 | $4,057 | $775,800 | $516,000 | $259,800 |
| 2023 | $3,694 | $699,700 | $459,600 | $240,100 |
| 2022 | $3,540 | $521,400 | $330,400 | $191,000 |
| 2021 | $3,403 | $461,700 | $303,900 | $157,800 |
| 2020 | $3,204 | $430,700 | $289,400 | $141,300 |
| 2019 | $3,212 | $417,700 | $279,200 | $138,500 |
| 2018 | $2,979 | $380,500 | $242,100 | $138,400 |
| 2017 | $2,858 | $350,700 | $229,500 | $121,200 |
| 2016 | $2,718 | $335,100 | $236,600 | $98,500 |
| 2015 | $2,601 | $326,800 | $236,600 | $90,200 |
| 2014 | $2,547 | $326,100 | $227,800 | $98,300 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2020
Marilyn Moses
Ocean Park Realty Inc
Map
Source: LINK (Vineyard)
MLS Number: 35525
APN: OAKB-000008-000029
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