NOT LISTED FOR SALE

Estimated Value: $3,314,000 - $3,955,000

5 Beds
4 Baths
3,800 Sq Ft
$939/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $1,850,000 $487 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $20,757/month

90 Days on Market

About This Home

As of October 2019

Perched above Vineyard Haven harbor in the heart of East Chop, this beautiful home exemplifies the best of Martha’s Vineyard. Three full floors of living, each with increasingly expansive water views, combine to offer 5 beds and nearly 4000 sf with multiple living rooms and high-end craftsmanship throughout. The 1st floor is ideal for entertaining, with a renovated kitchen offering premium counters, appliances and built-ins. The dining area and light-filled living room center on a gorgeous two-sided fireplace, which sets a stunning tone. There are balconied master suites on both the 2nd and 3rd floors, each including private baths with luxurious tile and fixtures. Forced air heat/AC provide reprieve through the seasons. The grounds are easily enjoyed from ample decking, and beautifully manicured lawn and garden beds adorn the home and detached two car garage. Inside and out, enjoy the sparkle and calm of the Sound, as well as sailboat/ferry activity. And, within a mile of the home are many Oak Bluffs attractions, including the harbor, East Chop lighthouse, campground, and more. Also, Vineyard Haven is under 2 miles away, making this an exceptionally convenient location amongst some of the true “grand dames” of East Chop. Perfect for year-round use with outstanding rental potential, this home is a rare offering below its assessed value - an opportunity not to be missed!

Last Agent to Sell the Property

Peyton Wallace

Studio Realty Listed on: 05/22/2019

Last Buyer's Agent

Hope O'Brien

Compass LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,416

Year Built

  • 1998

Lot Details

  • 0.34 Acre Lot
  • Property is zoned R10

Interior Spaces

  • 3,800 Sq Ft Home
  • Partially Furnished
  • Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 116.1
  • $753,500 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,416

Year Built

1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 983
  • Special Features: None
  • Year Built: 1998

Interior Features

  • Appliances: Stove: Y, Washer: Y
  • Has Basement: Full unfinished. Storage and mechanicals.
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Yes
  • Interior Amenities: AC,Ins, Floor 1: Perfect for entertaining. Living, dining and kitchen centering on double sided fireplace. One bedroom with bathroom. Opens to back deck. Great light throughout., Floor 2: Two bedrooms plus 2nd living room. Outstanding views of the harbor and sound. Master suite includes private balcony/deck and luxurious bathroom., Floor 3: Fifth bedroom - one of two master suites - with balcony, private bath and jaw-dropping views.
  • Main Level Bedrooms: 1
  • Total Bedrooms: 9

Exterior Features

  • Pool Private: No
  • Foundation Details: Poured Concrete
  • Other Structures: Two car detached garage. Grounds beautifully landscaped, calm and quiet.

Garage/Parking

  • Parking Features: Private drive w/parking

Utilities

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

Lot Info

  • Lot Size Sq Ft: 15015
  • Land Lease Expiration Date: 2019-09-04
  • Zoning: R10

Multi Family

  • Number Of Units Furnished: Partially

Tax Info

  • Tax Annual Amount: 16415.84
  • Tax Lot: 116.1
  • Tax Map Number: 4
  • Tax Other Annual Assessment Amount: 753500
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Oct 16, 2019
Sold by
Sabs Vineyard House Llc
Bought by
3 Black Diamond Llc
Seller's Agent
Peyton Wallace
Studio Realty
Buyer's Agent
Hope O'Brien
Compass LLC
List Price
$1,995,000
Sold Price
$1,850,000
Premium/Discount to List
-$145,000
-7.27%
Current Estimated Value
$3,566,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,716,445
Avg. Annual Appreciation
11.85%
Original Mortgage
$1,387,500
Outstanding Balance
$1,205,874
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,360,571

Purchase Details

Closed on
Mar 30, 2007
Sold by
Robinson Beatrice and Robinson Leroy
Bought by
Sabs Vineyard House Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,009,100
Interest Rate
6.33%

Purchase Details

Closed on
Jan 16, 2007
Sold by
Robinson Beatrice and Robinson Leroy
Bought by
Sabs Vineyard House Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,950
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 1996
Sold by
Hunter Thomas O'D and Hunter Isabelle C
Bought by
Zinno Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage
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
3 Black Diamond Llc $1,850,000 --
Sabs Vineyard House Ll -- --
Sabs Vineyard House Ll -- --
Robinson Beatrice $2,200,000 --
Zinno Thomas C $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3 Black Diamond Llc $1,387,500
Previous Owner Sabs Vineyard House Ll $1,009,100
Previous Owner Robinson Beatrice $999,950
Previous Owner Zinno Thomas C $270,000
Previous Owner Zinno Thomas C $640,000
Previous Owner Zinno Thomas C $350,000
Previous Owner Zinino Thomas C $540,000
Previous Owner Zinno Thomas C $250,000
Previous Owner Zinno Thomas C $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $1,850,000 -7.3% $487 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $1,995,000 -- $525 / 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 $15,900 $3,148,500 $1,390,400 $1,758,100
2024 $16,046 $3,068,100 $1,263,500 $1,804,600
2023 $14,364 $2,720,500 $1,227,700 $1,492,800
2022 $14,462 $2,129,900 $944,600 $1,185,300
2021 $14,488 $1,965,800 $818,500 $1,147,300
2020 $14,364 $1,930,600 $779,500 $1,151,100
2019 $16,416 $2,134,700 $753,500 $1,381,200
2018 $16,572 $2,116,500 $708,400 $1,408,100
2017 $17,025 $2,088,900 $783,400 $1,305,500
2016 $15,137 $1,866,500 $807,700 $1,058,800
2015 $14,178 $1,781,200 $807,700 $973,500
2014 $13,492 $1,727,500 $824,500 $903,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 35251

APN: OAKB-000004-000116-000001