NOT LISTED FOR SALE

Estimated Value: $1,228,000 - $4,520,000

3 Beds
1 Bath
1,416 Sq Ft
$2,030/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $1,400,000 $989 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $17,314/month

469 Days on Market

Highlights

  • Waterfront
  • Pasture Views
  • Deck
  • 1.38 Acre Lot

About This Home

As of December 2013

A once-in-a-lifetime opportunity to own a home that is, literally, steps from the water and that offers the rare deep water (5 ft. draft) dock on the lagoon.  The charming home, which was partially updated in 2005, is nestled down close to the shoreline and its "Sunny Side" location insures a flood of sunlight all day and incredible moon-rises by night.  There is a warm and inviting, open living, dining room and kitchen with wood-burning fireplace on the main floor, together with the 3 bedrooms and bath.  The lower-level offers a family room with fireplace opening to a terrific deck, the laundry and a boathouse.  The lovely, secluded site feels worlds away from any hustle and bustle, yet is actually only a short bike ride distance from the town center.  A solid rental history and newly installed 4-Bedroom Septic System make this terrific property even more appealing.

Last Agent to Sell the Property

Candy DaRosa

Feiner Real Estate Listed on: 08/17/2012

Last Buyer's Agent

Lynn Buder

Sandpiper Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,160

Year Built

  • Built in 1964

Lot Details

  • 1.38 Acre Lot
  • Waterfront
  • Property is zoned R50

Home Design

  • Block Foundation

Interior Spaces

  • 1,416 Sq Ft Home
  • Pasture Views
  • Washer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • $1,349,800 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,160

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: Waterfront
  • Lot Features: Grassy
  • LotSizeAcres: 1.38
  • View: None, Pasture
  • Co List Office Mls Id: 727
  • Building Area Total: 1416
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Appliances: Stove: Electric, Washer: Yes
  • Has Basement: Walk out with fireplaced family room, laundry/storage room and boathouse/workshop.
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: 2
  • Flooring: 2
  • Interior Amenities: Floor 1: Main floor:  Open living, dining and kitchen with fireplace, master bedroom with walk-in closet and adjacent bath.  2 guest bedrooms.
  • Main Level Bedrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, PvtBch, WViews
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Ample

Utilities

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

Lot Info

  • Land Lease Expiration Date: 2014-07-07
  • Zoning: R50

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 12160
  • Tax Lot: 6
  • Tax Map Number: 13D
  • Tax Other Annual Assessment Amount: 1349800
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2012
Closed on
Dec 20, 2013
Sold by
Rice Edward E and Rice Joan E
Bought by
Forbes David and Sherwood Virginia
Seller's Agent
Candy DaRosa
Feiner Real Estate
Buyer's Agent
Lynn Buder
Sandpiper Realty
List Price
$1,650,000
Sold Price
$1,400,000
Premium/Discount to List
-$250,000
-15.15%
Current Estimated Value
$2,874,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,474,129
Avg. Annual Appreciation
6.29%
Original Mortgage
$950,000
Outstanding Balance
$674,820
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,199,309
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
Forbes David $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forbes David $950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2013 12/20/13 Sold $1,400,000 -15.2% $989 / Sq Ft
11/29/2013 11/29/13 Pending -- -- --
08/17/2012 08/17/12 For Sale $1,650,000 -- $1,165 / 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 $24,194 $3,196,100 $2,617,900 $578,200
2024 $20,098 $2,518,500 $1,942,200 $576,300
2023 $18,375 $2,510,200 $1,953,100 $557,100
2022 $14,535 $1,670,690 $1,113,590 $557,100
2021 $13,161 $1,435,200 $1,055,000 $380,200
2020 $12,976 $1,390,780 $1,054,980 $335,800
2019 $12,672 $1,381,900 $1,055,000 $326,900
2018 $12,090 $1,279,400 $1,055,000 $224,400
2017 $12,851 $1,410,700 $1,204,400 $206,300
2016 $12,253 $1,337,700 $1,145,400 $192,300
2015 -- $1,485,500 $1,300,200 $185,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 23673

APN: TISB-000013D-000000-000006