NOT LISTED FOR SALE

Estimated Value: $921,333

1 Bed
2 Baths
990 Sq Ft
$931/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $700,000 $707 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,276/month

427 Days on Market

Highlights

  • Pasture Views
  • Patio
  • Heating Available
  • Deck

About This Home

As of March 2021

Possibilities abound with this special offering with great commercial space. Located in the B2 corridor on State Road. The main floor offers nearly 800 square feet of commercial space with an office, full bath and kitchenette in the back. A large, dry basement with 9ft ceilings and interior access offers an additional 900 sf of useful space. There is a attractive patio/sitting area out front with a handcrafted pergola running along the side that brings you to the cozy back patio with a custom stone fireplace. There are 7 parking spots and a finished second floor.

Last Agent to Sell the Property

Christine Rose

Martha's Vineyard Island-Wide Realty Listed on: 08/29/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,455

Year Built

  • Built in 1989 | Remodeled in 2015

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned B2

Interior Spaces

  • 990 Sq Ft Home
  • Pasture Views
  • Stove

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Heating Available
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19.2
  • $365,900 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,455

Year Built

Built in 1989 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: Front patio with Lattice & cozy back patio with custom Stone fireplace
  • LotSizeAcres: 0.14
  • View: None, Pasture
  • Co List Office Mls Id: 726
  • Building Area Total: 990
  • Has Fireplace?: No
  • Effective Year Built: 2015
  • Year Built: 1989
  • Special Features: None
  • Year Built: 1989

Interior Features

  • Appliances: Stove: Yes
  • Has Basement: 900 sf with 9ft ceilings.
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Outdoor stone Fireplace
  • Flooring: 1.5
  • Interior Amenities: Ins,MiniSplit, Floor 1: nearly 800sf of commercial space, with office, full bath & small kitchenette in the back
  • Total Bedrooms: 4

Exterior Features

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

Garage/Parking

  • Parking Features: 5

Utilities

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

Lot Info

  • Lot Size Sq Ft: 6098
  • Land Lease Expiration Date: 2019-12-10
  • Zoning: B2

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 4455
  • Tax Lot: 19.2
  • Tax Map Number: 22A
  • Tax Other Annual Assessment Amount: 365900
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Mar 30, 2021
Sold by
Island Copper Inc
Bought by
15 Mechanics St Vh Llc
Seller's Agent
Christine Rose
Martha's Vineyard Island-Wide Realty
List Price
$795,000
Sold Price
$700,000
Premium/Discount to List
-$95,000
-11.95%
Current Estimated Value
$921,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,333
Original Mortgage
$500,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2015
Sold by
343 State Road Rt
Bought by
Island Copper Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,000
Interest Rate
3.83%
Mortgage Type
Commercial
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
15 Mechanics St Vh Llc $700,000 None Available
Island Copper Inc $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 15 Mechanics St Vh Llc $500,000
Previous Owner Island Copper Inc $358,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $700,000 -11.9% $707 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
08/29/2018 08/29/18 For Sale $795,000 -- $803 / 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 $4,703 $643,300 $415,700 $227,600
2024 $5,134 $643,300 $415,700 $227,600
2023 $4,383 $652,300 $415,700 $236,600
2022 $3,544 $436,500 $262,800 $173,700
2021 $3,840 $447,500 $262,800 $184,700
2020 $3,907 $447,500 $262,800 $184,700
2019 $3,853 $447,500 $262,800 $184,700
2018 $3,857 $432,400 $262,800 $169,600
2017 $4,325 $505,900 $365,900 $140,000
2016 $4,450 $519,200 $365,900 $153,300
2015 -- $510,000 $365,900 $144,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 34219

APN: TISB-000022A-000000-000019-000002