NOT LISTED FOR SALE

162 Gay Head Ave Vineyard Haven, MA 02568

Vineyard Haven Neighborhood

Estimated Value: $2,266,000 - $2,753,000

4 Beds
4.5 Baths
2,704 Sq Ft
$966/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $2,400,000 $888 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $15,394/month

10 Days on Market

Highlights

  • Beach
  • 1 Acre Lot
  • Contemporary Architecture
  • Deeded access to the beach
  • Deck
  • Wood Flooring

About This Home

As of October 2018

Enjoy Up and Down Island living at this unique, 3 acre parcel with two houses in two towns! In Vineyard Haven you'll find a 2,475 square foot, four bedroom, three and one half bath house with water views to Vineyard Sound. Walk across the yard to West Tisbury and you'll find the second house of this Vineyard compound with 1,200 square feet of living space with one bedroom and one and a half baths. Each house is equipped for year-round living and each has its own septic system and well which makes expansion possible with permitting. This property has glorious gardens, smashing water view sunsets and access to two beaches. Follow the clam shell path from either house to the private Lower Makonikey Beach or take a swim at nearby beautiful Lambert's Cove Beach.You may enjoy this property in whatever proportion you wish. There are plenty of spaces for privacy, guests, large family gatherings, a home based business, or live in one house and generate rental income with the other.

Last Agent to Sell the Property

Russell Maloney

Russel Maloney Real Estate License #448014360 Listed on: 02/15/2018

Last Buyer's Agent

James Feiner

Feiner Real Estate Inc. License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,688

Year Built

  • Built in 2000

Lot Details

  • 1 Acre Lot
  • The property's road front is unimproved
  • Street terminates at a dead end
  • Sprinkler System
  • Private Yard
  • Garden

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,704 Sq Ft Home
  • 2-Story Property
  • Living Quarters
  • Wood Flooring
  • Property Views
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Deck
  • Patio
  • Outbuilding

Utilities

  • No Cooling
  • Hot Water Heating System
  • Well
  • Liquid Propane Gas Water Heater
  • Fuel Tank
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 66G21

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,688

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2000
  • Lot Size Acres: 1
  • Road Frontage Type: Dead End Street
  • Road Surface Type: Unimproved
  • Directions: Call listing broker.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Appliances: Propane Gas Water Heater, Water Heater
  • Basement: Finished
  • Total Bedrooms: 4
  • Interior Amenities: Separate Living Quarters
  • Other Equipment: Fuel Tank(s)
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2704
  • Stories: 2

Exterior Features

  • Exterior Features: Private Yard, Underground Sprinkler, Outdoor Shower, Garden
  • Lot Features: Views
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Stone/Gravel

Utilities

  • Cooling: None
  • Heating: Hot Water
  • Sewer: Septic Tank
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Beach, Road Maintenance, Deeded Beach Rights
  • Association: No

Schools

  • Junior High Dist: Martha's Vineyard

Lot Info

  • Zoning: Residential
  • Land Lease: No
  • Lot Size Sq Ft: 43560
  • Parcel #: 66G21
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 10688
  • Tax Book Number: 1325

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
Oct 1, 2018
Sold by
Cardellino Sweet Rt
Bought by
Swope Douglas and Swope Jeanne
Seller's Agent
Russell Maloney
Russel Maloney Real Estate
Buyer's Agent
James Feiner
Feiner Real Estate Inc.
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%
Current Estimated Value
$2,611,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,943
Avg. Annual Appreciation
1.19%
Original Mortgage
$1,000,000
Outstanding Balance
$872,059
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,739,884

Purchase Details

Closed on
Aug 8, 2013
Sold by
Sweet Louise A and Cardellino James W
Bought by
Cardellino Sweet Rt and Cardellino James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 10, 2007
Sold by
Sweet Louise A
Bought by
Cardellino James William and Sweet Louise A

Purchase Details

Closed on
Mar 10, 2006
Sold by
Sweet Timothy D
Bought by
Sweet Louise A

Purchase Details

Closed on
Mar 25, 2005
Sold by
Moller Ft and Moller David E
Bought by
Sweet Louise A and Sweet Timothy D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Swope Douglas $2,400,000 --
Cardellino Sweet Rt -- --
Cardellino James William -- --
Sweet Louise A -- --
Sweet Louise A $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swope Douglas $1,000,000
Previous Owner Cardellino Sweet Rt $710,000
Previous Owner Cardellino Sweet Rt $100,000
Previous Owner Cardellino Sweet Rt $533,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2018 10/01/18 Sold $2,400,000 -3.8% $888 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $2,495,000 -- $923 / Sq Ft
Source: Martha's Vineyard 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
2025 $19,687 $2,600,700 $1,350,600 $1,250,100
2024 $16,600 $2,080,200 $1,174,100 $906,100
2023 $15,330 $2,094,300 $1,148,800 $945,500
2022 $13,820 $1,588,544 $623,344 $965,200
2021 $11,972 $1,305,600 $623,300 $682,300
2020 $11,323 $1,213,644 $623,344 $590,300
2019 $11,465 $1,250,300 $623,300 $627,000
2018 $10,071 $1,065,700 $622,600 $443,100
2017 $11,204 $1,229,900 $768,400 $461,500
2016 $10,689 $1,166,900 $768,400 $398,500
2015 $10,409 $1,166,900 $768,400 $398,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Russell Maloney

    Russel Maloney Real Estate

    Section Image

  • J

    Buyer's Agent in 2018

    James Feiner

    Feiner Real Estate Inc.

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Map

Source: Martha's Vineyard MLS

MLS Number: 21800853

Martha

APN: TISB-000066G-000000-000002-000001

Massachusetts Dukes County Vineyard Haven 02568 Vineyard Haven

162 Gay Head Ave, Vineyard Haven, MA

Not Listed for Sale

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