NOT LISTED FOR SALE

Estimated Value: $5,419,000 - $6,187,000

4 Beds
3.5 Baths
2,921 Sq Ft
$2,002/Sq Ft Est. Value

Last Sold November 19, 2024

Last sale price $5,750,000 $1,969 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $32,994/month

7 Days on Market

Highlights

  • Waterfront
  • Fireplace
  • Garden
  • Deck
  • Patio

About This Home

As of November 2024

Beach front and water views spanning the Elizabeth Islands and sandy shoreline of Lamberts Cove! Enjoy the vibrant sunsets up close from this well built home by Leo Desorcy and designed by Peter Breese Architects. The style is elegant beach home with doors off of each room to the outdoor spaces, patios and decking. Single story living with high ceilings and multiple living spaces to work privately, relax and read and enjoy the peace of this exclusive Makonikey location. The house has all mahogany trim and cabinetry with beautiful hard pine flooring. There is a private path that leads right to the Upper Makonikey stair case winding down to a wide sandy private beach. An attractive two car garage with extra room for storage is a perfect addition to the property. There is a full basement with high ceilings that could be transformed into attractive living space for a media room or gym. A new owner will delight in the osprey, sunsets, views and sounds of living in this location. Close to both West Tisbury Center and Vineyard Haven, Makonikey offers a special location off of Lamberts Cove with private association beach access. Five bedroom septic installed allows for detached bedroom, pool house/bedroom or addition bedroom on the main home.

Last Agent to Sell the Property

Jill Napior

Tea Lane Associates Listed on: 08/15/2024

Last Buyer's Agent

Philip Cordella

American Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,080

Year Built

  • Built in 2001 | Remodeled in 2000

Lot Details

  • 2.5 Acre Lot
  • Waterfront
  • Garden

Interior Spaces

  • 2,921 Sq Ft Home
  • Fireplace
  • Basement Fills Entire Space Under The House
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include 1725.00

Listing and Financial Details

  • Tax Lot 20
  • $4,303,600 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,080

Year Built

Built in 2001 | Remodeled in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: Waterfront
  • Lot Features: yes private manicured lawn and gardens
  • LotSizeAcres: 2.5
  • View: Snd
  • Association Fee Inclusions: 1725.00
  • Co List Office Mls Id: 719
  • Building Area Total: 2921
  • Has Fireplace?: No
  • Effective Year Built: 2000
  • Year Built: 2001
  • reviewed: Yes
  • Special Features: None
  • Year Built: 2001
  • Year Renovated: 2000

Interior Features

  • Possible Use: 959
  • Appliances: Stove: Thermador 5 burner, Washer: yes
  • Has Basement: Full basement, high ceilings, great space to finish off too. Bulkhead access as well.
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: yes
  • Flooring: hard wood floors throughout
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: All living is single story and very well thought out. Two primary suites in one wing and two bedrooms that share a bath in the other wing. Open living kitchen and dining room with views out to the Elizabeth Islands across the Vineyard Sound. There is also a quiet living space for television viewing or reading. The design allows for intimate living but also good separation. Each room has doors to outside private spaces that include water views or patios. Two outdoor showers on each wing of the home.

Exterior Features

  • Pool Private: No
  • Exterior Features: WViews, Deck, Garden, Patio, PvtBch, PubBch, DdBch, Cov
  • Foundation Details: full poured concrete basement, high ceilings
  • Other Structures: Two car garage, generator

Garage/Parking

  • Parking Features: yes

Utilities

  • Heating: GFHA
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 108900
  • Zoning: RES

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 25080.49
  • Tax Lot: 20
  • Tax Map Number: 3
  • Tax Other Annual Assessment Amount: 4303600
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2014
Sold by
Mandell Rae A
Bought by
Rae Ann Mandell T and Rae Mandell
Current Estimated Value
$5,846,817
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rae Ann Mandell T -- --
Rae Ann Mandell T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rae Ann Mandell T $580,000
Previous Owner Rae Ann Mandell T $592,000
Previous Owner Rae Ann Mandell T $655,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2024 11/19/24 Sold $5,750,000 +4.6% $1,969 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $5,495,000 -- $1,881 / 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 $26,503 $5,850,500 $4,432,100 $1,418,400
2024 $24,363 $5,665,700 $4,303,600 $1,362,100
2023 $24,457 $5,609,300 $4,325,000 $1,284,300
2022 $22,707 $3,901,500 $2,932,900 $968,600
2021 $22,103 $3,623,400 $2,737,400 $886,000
2020 $21,909 $3,609,400 $2,718,200 $891,200
2019 $20,370 $3,296,100 $2,468,600 $827,500
2018 $19,325 $3,188,900 $2,357,600 $831,300
2017 $17,368 $2,909,200 $2,095,700 $813,500
2016 $16,590 $2,737,700 $1,982,000 $755,700
2015 $15,632 $2,737,700 $1,982,000 $755,700
2014 $15,666 $2,895,700 $2,372,700 $523,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 42396

APN: WTIS-000003-000020