116 Franklin Terrace Vineyard Haven, MA 02568
Vineyard Haven NeighborhoodEstimated payment $7,511/month
Highlights
- Beach Front
- Cape Cod Architecture
- Wood Flooring
- Tisbury Elementary School Rated A-
- Deck
- No HOA
About This Home
Nestled on a quiet street just moments from the heart of Vineyard Haven, this well-maintained 4 BR, 3 BA home offers a winning blend of comfort, privacy, and classic island appeal. The sun-filled main level features an open-concept living area flowing seamlessly into a bright, updated kitchen with center island, ideal for everyday living and casual entertaining. Two 1st floor bedrooms and a full bath provide excellent flexibility for guests, home office space, or convenient one-level living, while upstairs offers two spacious en-suite bedrooms designed for privacy and relaxation. Outdoor living shines with a deck overlooking the yard, plus a lower-level bonus with laundry, storage, and workshop potential. Peacefully set yet close to it all, enjoy easy access to public beaches, Tisbury School, and just 0.5 miles to Main Street Vineyard Haven with shops, dining, and ferry access. Perfect as a year-round residence, second home, or investment opportunity—this property checks all the boxes!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,921
Year Built
- Built in 1971
Lot Details
- 0.3 Acre Lot
- Beach Front
- Level Lot
- Cleared Lot
- Garden
- Property is zoned R10
Home Design
- 1,714 Sq Ft Home
- Cape Cod Architecture
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- 3 Full Bathrooms
Laundry
- Washer and Electric Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 6 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Bulkhead
- Deck
- Outdoor Storage
- Rain Gutters
- Porch
Schools
- Tisbury Elementary School
- Martha's Vineyard RHS High School
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Baseboard Heating
- 110 Volts
- Electric Water Heater
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 9.10 / D
- Assessor Parcel Number M:0026D B:00000 L:09.10,2451112
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,921 | $914,300 | $449,300 | $465,000 |
| 2024 | $6,253 | $783,600 | $390,700 | $392,900 |
| 2023 | $5,776 | $789,100 | $372,100 | $417,000 |
| 2022 | $5,248 | $603,200 | $234,300 | $368,900 |
| 2021 | $4,650 | $507,100 | $234,300 | $272,800 |
| 2020 | $4,458 | $477,800 | $213,000 | $264,800 |
| 2019 | $4,381 | $477,800 | $213,000 | $264,800 |
| 2018 | $3,906 | $413,300 | $206,500 | $206,800 |
| 2017 | $3,918 | $430,100 | $206,500 | $223,600 |
| 2016 | $3,779 | $412,600 | $185,400 | $227,200 |
| 2015 | $3,367 | $377,500 | $168,400 | $209,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/02/2026 01/02/26 | For Sale | $1,350,000 | +134.8% | $788 / Sq Ft | |
| 09/03/2020 09/03/20 | Sold | $575,000 | -- | $286 / Sq Ft | View Prior Sale |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $575,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Deed | $450,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $564,585 | FHA | |
| Previous Owner | $345,000 | New Conventional | |
| Previous Owner | $359,650 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73464793
APN: TISB-000026D-000000-000009-000010
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