NOT LISTED FOR SALE

Estimated Value: $1,859,000 - $2,012,000

5 Beds
3 Baths
2,577 Sq Ft
$746/Sq Ft Est. Value

Last Sold December 11, 2014

Last sale price $765,000 $297 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $11,542/month

206 Days on Market

About This Home

As of December 2014

This lovely 5 bedroom 3 bath air conditioned home sits on almost two private acres.  Spacious and comfortable, this home has an open floor plan, a downstairs master bedroom with ensuite bath and a second smaller downstairs bedroom which can also function as an office. Upstairs, three more bedrooms share a third bathroom and an open loft offers additional space. An attached garage includes a three season room, used in the past as an artist's studio. Enjoy the wonderful country setting, the covered front porch and the deck overlooking an expansive back yard. Walk, bike or drive to Lambert's Cove beach, half a mile away. Convenient to Ice House Pond and Seth's Pond as well. Offered below assessed value.

Last Agent to Sell the Property

Abby Rabinovitz

Tea Lane Associates Listed on: 04/03/2014

Last Buyer's Agent

Karen Brown

Martha's Vineyard Vacation Rentals

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,335

Year Built

1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 719
  • Special Features: None
  • Year Built: 1999

Interior Features

  • Appliances: Stove: yes, Washer: yes
  • Has Basement: large unfinished basement....dry!!!!  Has been used in past for exercising, tv watching and playing pool.  It is already plumbed in the event a new owner wants to add a bathroom.
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: none
  • Interior Amenities: AC,Ins,OSh, Floor 1: open living room/ kitchen area with breakfast bar, dining area off living room, master bedroom, master bathroom with large  bathtub and separate shower,  second smaller bedroom can be used as an office, second bathroom with shower, laundry area and mudroom off the kitchen, Floor 2: three bedrooms, bathroom with tub shower combination,  open office or tv area
  • Main Level Bedrooms: 2
  • Total Bedrooms: 9

Exterior Features

  • Pool Private: No
  • Foundation Details: unfinished basement
  • Other Structures: attached garage with separate room which has functioned in the past as a three season artist's studio (also airconditioned).

Garage/Parking

  • Parking Features: yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 78408
  • Land Lease Expiration Date: 2014-10-31
  • Zoning: RU

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 4516
  • Tax Lot: 42
  • Tax Map Number: 7
  • Tax Other Annual Assessment Amount: 370700
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2014
Closed on
Dec 11, 2014
Sold by
Epstein Matthew E and Hiatt Deborah L
Bought by
Tester William J and Morante Linda M
Seller's Agent
Abby Rabinovitz
Tea Lane Associates
Buyer's Agent
Karen Brown
Martha's Vineyard Vacation Rentals
List Price
$830,000
Sold Price
$765,000
Premium/Discount to List
-$65,000
-7.83%
Current Estimated Value
$1,996,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,231,384
Avg. Annual Appreciation
9.43%
Original Mortgage
$360,000
Outstanding Balance
$272,736
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,728,156

Purchase Details

Closed on
Oct 16, 2002
Sold by
Capobianco Joseph P and Capobianco Joyce Ann
Bought by
Epstein Matthew E and Hiatt Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 1999
Sold by
Devin Robert Fraser and Devin Susan M
Bought by
Capobianco Joseph P and Capobianco Joyce Ann
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
Tester William J $765,000 --
Epstein Matthew E $700,000 --
Capobianco Joseph P $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tester William J $360,000
Previous Owner Devin Robert Fraser $333,000
Previous Owner Hiatt Deborah L $350,000
Previous Owner Devin Robert Fraser $200,000
Previous Owner Devin Robert Fraser $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2014 12/11/14 Sold $765,000 -7.8% $297 / Sq Ft
10/26/2014 10/26/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $830,000 -- $322 / 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 $7,335 $1,619,200 $711,200 $908,000
2024 $6,618 $1,539,100 $690,600 $848,500
2023 $6,349 $1,456,100 $657,800 $798,300
2022 $6,335 $1,088,500 $414,000 $674,500
2021 $6,042 $990,500 $362,200 $628,300
2020 $5,999 $988,300 $355,700 $632,600
2019 $5,795 $937,700 $355,700 $582,000
2018 $2,599 $908,400 $338,700 $569,700
2017 $5,110 $855,900 $315,000 $540,900
2016 $4,946 $816,100 $297,400 $518,700
2015 $4,660 $816,100 $297,400 $518,700
2014 $4,516 $834,700 $370,700 $464,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 26401

APN: WTIS-000007-000042