NOT LISTED FOR SALE

Estimated Value: $2,428,000 - $6,943,000

4 Beds
2.5 Baths
3,670 Sq Ft
$1,031/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $3,000,000 $817 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $22,285/month

52 Days on Market

Highlights

  • Marina
  • Water Views
  • Wine Cellar
  • Melrose Avenue School Rated A-
  • Golf Course Community
  • 2.22 Acre Lot

About This Home

As of October 2022

Welcome to 16 Walnut Street. This Georgian Colonial, sited on 2.22 acres of mature landscaping, has beautiful trees, stone walls, lush gardens, and stunning water views. With frontage on both Walnut Street and Highand Drive, there is private deeded access across the street to Mackerel Cove, and rights to the Ocean Highlands access points. A gazebo set high on a knoll overlooks Western views towards Dutch Harbor with brilliant sunsets. Stone steps and beautiful perennial beds lead you into a welcoming Foyer. The sun-filled first level comprises a generous Living Room with stone FP, a year round Sunroom with walls of windows, radiant heat, and water views that make this room hard to leave. Eat in Kitchen has its own stone FP and plenty of dining and gathering space. A Lavette and East facing Porch are on this level. Laundry Room has access to side Porch for grilling and relaxing. The 2nd level features a large landing with a comfortable seating alcove. Owner en Suite and 2nd BR share a spacious west facing Deck with spectacular water views overlooking the park-like setting. Two additional BR's and full BA complete this level. The 3rd floor, presently used as a Design Studio, Office, and Gym, has expansive views as well. Central air, classic architecture, and the ability to expand make this all the more desirable. The beauty of this setting is unparalleled and the views are extraordinary. This private, unique, and meticulous legacy property could be yours!

Last Agent to Sell the Property

Dianne Grippi

Residential Properties Ltd. License #RES.0030326 Listed on: 05/20/2022

Last Buyer's Agent

Jessica Chase

Gustave White Sotheby's Realty License #RES.0040224

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,700

Year Built

  • Built in 1930

Lot Details

  • 2.22 Acre Lot
  • Property is zoned R80

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Cottage
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,670 Sq Ft Home
  • 3-Story Property
  • Skylights
  • 2 Fireplaces
  • Stone Fireplace
  • Wine Cellar
  • Workshop
  • Storage Room
  • Utility Room
  • Water Views
  • Permanent Attic Stairs
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Plywood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 20 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck

Location

  • Property near a hospital

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Heating System Uses Steam
  • Underground Utilities
  • 200+ Amp Service
  • Well
  • Tankless Water Heater
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 16WALNUTSTJAME

Community Details

Overview

  • Highland/Dumplings/Village Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,700

Year Built

Built in 1930

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.22
  • Subdivision Name: Highland/Dumplings/Village
  • Above Grade Finished Sq Ft: 3670.0
  • Architectural Style: Cabin/Cottage, Colonial
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Plywood, Carpet
  • Interior Amenities: Attic, Permanent Attic Stairs, Skylights, Tub Shower, Cable TV, Wine Cellar
  • Living Area: 3670.0
  • Dining Room Type: Storage Room, Utility Room, Wine Cellar, Workshop
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 20.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil, Radiant, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 450.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 96703.0
  • Parcel #: 16WALNUTSTJAME
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11700.0
  • Tax Lot: 46
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Sep 22, 2022
Sold by
Lord Regina G
Bought by
Wmb Separate Property T
Seller's Agent
Dianne Grippi
Residential Properties Ltd.
Buyer's Agent
Jessica Chase
Gustave White Sotheby's Realty
List Price
$3,495,000
Sold Price
$3,000,000
Premium/Discount to List
-$495,000
-14.16%
Total Days on Market
52
Views
39
Current Estimated Value
$3,783,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,506
Avg. Annual Appreciation
8.97%
Source: Public Records

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Range of Values:

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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
Wmb Separate Property T $3,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lord Mark A $300,000
Previous Owner Lord Mark A $100,000
Previous Owner Lord Mark A $999,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Sold $3,000,000 -14.2% $817 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $3,495,000 -- $952 / Sq Ft
Source: State-Wide MLS

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
2024 $13,318 $1,857,500 $833,500 $1,024,000
2023 $9,863 $1,413,100 $833,500 $579,600
2022 $9,595 $1,413,100 $833,500 $579,600
2021 $10,594 $1,279,500 $742,700 $536,800
2020 $10,326 $1,279,500 $742,700 $536,800
2019 $10,300 $1,279,500 $742,700 $536,800
2018 $9,924 $1,121,300 $672,400 $448,900
2017 $9,710 $1,121,300 $672,400 $448,900
2016 $9,621 $1,121,300 $672,400 $448,900
2015 $9,371 $1,067,300 $633,500 $433,800
2014 $9,339 $1,067,300 $633,500 $433,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1310448

State-Wide MLS

APN: JAME-000010-000000-000046