NOT LISTED FOR SALE

Estimated Value: $2,967,000 - $3,451,601

4 Beds
5 Baths
3,344 Sq Ft
$967/Sq Ft Est. Value

Last Sold April 19, 2016

Last sale price $1,480,000 $443 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $19,025/month

Highlights

  • Community Beach Access
  • Fireplace in Bedroom
  • Contemporary Architecture
  • 2.38 Acre Lot
  • Deck
  • Wood Flooring

About This Home

As of April 2016

Just through the stone entry on Lambert's Cove you feel truly up-island as you head into Lower Makonikey. Wake to the sight of Vineyard Sound from the third floor master suite, and know you are living your life on Martha's Vineyard. The views continue on the second floor's open floor-plan style living space which enjoys perfectly placed glazing so that the peaceful water view on the horizon beyond becomes the backdrop for your everyday life. The deer path at the foot of the yard is a delightful walk that delivers you to the private association beach. Evenings here are as much a destination for sunset viewing as any north shore beach but with better amenities. From either your master suite upstairs or the living room, turn on the gas fireplace, relax, enjoy the view and then wake up and do it again in this perfect vineyard vacation home.

Last Agent to Sell the Property

Elaine Miller

Sandpiper Realty Inc License #129778 Listed on: 02/25/2016

Last Buyer's Agent

Lisa Stewart

Landmarks Real Estate of Martha's Vineyard

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,059

Year Built

  • Built in 1995

Lot Details

  • 2.38 Acre Lot
  • Property fronts a private road
  • Property is zoned R3A

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Poured Concrete
  • Pitched Roof
  • Asphalt Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,344 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • French Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Security System

Kitchen

  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Bedroom
  • Primary bedroom located on third floor
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer
  • Gas Dryer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 66N1

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,059

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Has Basement: Full, Walk-Out Access
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.38
  • Road Frontage Type: Private Road
  • Directions: Enter Lower Makonikey. Keeps eyes open for little red and blue sail boats that mark the way. Take first right onto Cuttyhunk. Bear right onto Massabesic Ave. House is #15 on the left.
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: Second
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Gas Range, Washer, Range Hood, Refrigerator, Microwave, Dryer - Gas
  • Total Bedrooms: 4
  • Other Equipment: Fuel Tank(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Door Features: French
  • Entry Location: First Floor
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Room Bedroom3 Features: Bedroom 3
  • Dining Room Features: Deck, View, Dining Room
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: Second
  • Kitchen Description: Countertop(s): Granite
  • Room Bedroom4 Features: Bedroom 4
  • Master Bedroom Master Bedroom Level: Third
  • Primary Bedroom Description: Fireplace(s): Gas
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Bedroom 2, View, Private Full Bath, Deck
  • Master Bedroom Features: Deck, View
  • Room Kitchen Features: Breakfast Bar, View, Kitchen
  • Living Room Features: Living Room, View
  • Dining Room Dining Room Level: Second
  • Master Bathroom Features: Whirlpool, Private Full Bath

Exterior Features

  • Exterior Features: Yard, Outdoor Shower
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter, Poured
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Actual
  • Roof: Asphalt, Pitched

Utilities

  • Cooling: Central Air
  • Heating: Hot Water
  • Security: Security System
  • Laundry Features: Laundry Room, First Floor
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Beach Access, Road Maintenance
  • Association: Yes

Lot Info

  • Zoning: R3A
  • Land Lease: No
  • Lot Size Sq Ft: 103672
  • Parcel #: 66N1
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1995

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 14059
  • Tax Book Number: 781

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
Apr 19, 2016
Sold by
Banister Frank and Hamill Barbara
Bought by
Dario 3Rd James C and Dario Kerry B
Seller's Agent
Elaine Miller
Sandpiper Realty Inc
Buyer's Agent
Lisa Stewart
Landmarks Real Estate of Martha's Vineyard
List Price
$2,300,000
Sold Price
$1,480,000
Premium/Discount to List
-$820,000
-35.65%
Current Estimated Value
$3,232,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,752,650
Avg. Annual Appreciation
8.45%
Original Mortgage
$950,000
Outstanding Balance
$737,434
Interest Rate
3%
Mortgage Type
Unknown
Estimated Equity
$2,495,216

Purchase Details

Closed on
Nov 19, 1999
Sold by
Leclair Robert A and Leclair Susana A
Bought by
Banister Frank and Hamill Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dario 3Rd James C $1,480,000 --
Banister Frank $615,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dario 3Rd James C $950,000
Previous Owner Banister Frank $850,000
Previous Owner Banister Frank $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2016 04/19/16 Sold $1,480,000 -35.7% $443 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $2,300,000 -- $688 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

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 $24,050 $3,177,000 $1,708,900 $1,468,100
2024 $23,827 $2,985,800 $1,484,500 $1,501,300
2023 $22,984 $3,139,900 $1,451,700 $1,688,200
2022 $18,797 $2,160,566 $783,766 $1,376,800
2021 $17,338 $1,890,700 $783,800 $1,106,900
2020 $17,640 $1,890,666 $783,766 $1,106,900
2019 $17,338 $1,890,700 $783,800 $1,106,900
2018 $18,848 $1,994,500 $783,800 $1,210,700
2017 $17,373 $1,907,000 $966,200 $940,800
2016 $17,453 $1,905,300 $964,500 $940,800
2015 $16,995 $1,905,300 $964,500 $940,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21601367

Cape Cod & Islands Association of REALTORS®

APN: TISB-000066N-000000-000001