NOT LISTED FOR SALE

Estimated Value: $3,570,000 - $5,824,000

4 Beds
3 Baths
2,956 Sq Ft
$1,488/Sq Ft Est. Value

Sale Details

Date Sold: September 15, 2015

Last sale price $1,495,000 $506 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $24,227 / mo

28 Days on Market

Highlights

  • 1.5 Acre Lot
  • Deck
  • Fireplace

About This Home

As of September 2015

GREAT KATAMA OPPORTUNITY: TRANSFORM THIS VINTAGE MODERN BEACH HOUSE INTO A CHIC AND STYLISH BEACH RETREAT. As the saying goes: "What's old is new again" and this vintage modern beach house in Katama is no exception! Located on 1.5 acres and within a short stroll to the sandy shores of South Beach, this home is a gem of an opportunity. Special features of this property include an open-designed Great Room and Kitchen highlighted by dramatic vaulted ceilings with tongue-and-groove woodwork, a wood-burning fireplace -- and three walls of glass windows and sliding doors which open onto an expansive, 800-s.f. wraparound deck. There are currently four spacious bedrooms and three full baths PLUS a two-car garage -- however this property may be expanded to up to six (6) bedrooms, with Board Of Health approval, including the ability for a detached Garage/Carriage House with a 400-s.f. bedroom/bath suite. Add to all of this, the ability to walk to South Beach PLUS plenty of room to install an in-ground pool, and you have one very unique opportunity for an ideal island home or rental investment property. Bring your smart and savvy renovation ideas and bring them to fruition! You can soon be enjoying your chic, newly renovated island home -- and all the best of beachside living on Martha's Vineyard.

Last Agent to Sell the Property

Wendy Harman

Compass | Point B Listed on: 03/30/2015

Last Buyer's Agent

Dee Moyer

Wallace & Co. Sotheby's

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,254

Year Built

  • Built in 1984

Lot Details

  • 1.5 Acre Lot
  • Property is zoned R60

Interior Spaces

  • 2,956 Sq Ft Home
  • Fireplace
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 26.29
  • $944,200 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,254

Year Built

Built in 1984

Lot Details

1.5 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: Expansive yard with room for an in-ground pool
  • LotSizeAcres: 1.5
  • View: None
  • Co List Office Mls Id: 811
  • Building Area Total: 2956
  • Has Fireplace?: No
  • Year Built: 1984
  • reviewed: Yes
  • Special Features: None

Interior Features

  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: The split-level entry leads to a partially-finished basement, which includes a bedroom, bathroom, storage room and access to the 2-car garage.
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Yes
  • Flooring: Carpet + Tile
  • Interior Amenities: A,Ins,OSh, Floor 1: The first floor is comprised of an open-designed Great Room integrating living, dining and kitchen spaces. There is a large master bedroom with sliders that open onto the outdoor deck. Two additional bedrooms plus a shared bath round out the first-floor living space.

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, PubBch
  • Foundation Details: Concrete

Garage/Parking

  • Parking Features: Circular driveway with off-street parking

Utilities

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

Lot Info

  • Lot Size Sq Ft: 65340
  • Zoning: R60

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 4254
  • Tax Lot: 26.29
  • Tax Map Number: 52
  • Tax Other Annual Assessment Amount: 944200
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2015
Closed on
Sep 15, 2015
Sold by
Page George W Est and Page
Bought by
Steinberg Steven and Rosen Sindy S
Seller's Agent
Wendy Harman
Compass | Point B
Buyer's Agent
Dee Moyer
Wallace & Co. Sotheby's
List Price
$1,495,000
Sold Price
$1,495,000
Current Estimated Value
$4,398,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,903,283
Avg. Annual Appreciation
10.66%
Original Mortgage
$1,012,000
Outstanding Balance
$755,172
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,643,111
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Steinberg Steven $1,495,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Steinberg Steven $1,012,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2015 09/15/15 Sold $1,495,000 0.0% $506 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $1,495,000 -- $506 / Sq Ft
Source: LINK (Vineyard)

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 $9,250 $3,490,700 $1,503,300 $1,987,400
2024 $8,223 $3,224,800 $1,503,300 $1,721,500
2023 $7,348 $2,915,700 $1,566,500 $1,349,200
2022 $7,435 $2,453,911 $1,477,011 $976,900
2021 $6,564 $2,001,125 $1,343,325 $657,800
2020 $6,295 $1,879,005 $1,221,205 $657,800
2019 $7,666 $1,980,800 $1,323,000 $657,800
2018 $7,155 $1,848,800 $1,323,000 $525,800
2017 $5,110 $1,439,500 $1,017,700 $421,800
2016 $4,681 $1,293,100 $944,200 $348,900
2015 $4,358 $1,255,900 $944,200 $311,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 28150

APN: EDGA-000052-000026-000029

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