NOT LISTED FOR SALE

162 New York Ave Oak Bluffs, MA 02557

Oak Bluffs Neighborhood

Estimated Value: $826,000 - $1,114,000

2 Beds
1 Bath
768 Sq Ft
$1,181/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $500,000 $651 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,075/month

17 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Hot Water Heating System
  • Wood Flooring
  • No HOA
  • 3 Car Garage

About This Home

As of August 2018

Convenient to Oak Bluffs shops, restaurants and ferry this charming bungalow boasts hardwood floors and a beautiful stone fireplace. There is a partial basement with full laundry and furnace as well as storage area. Full attic space offers possibility of expansion for extra living area. Outside deck is accented with mature flowering bushes and is perfect for outdoor entertaining. This home is a gem with great potential to customize it for your needs There is a one car detached garage with electricity that could also be a workshop.. Buyer is responsible to upgrade to an approved Title 5 septic system.

Last Agent to Sell the Property

Nancy Beckwith

Anchor Realty of MV License #448013380 Listed on: 05/31/2018

Last Buyer's Agent

Nancy Beckwith

Anchor Realty of MV License #448013380 Listed on: 05/31/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,749

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Gentle Sloping Lot
  • Cleared Lot
  • Property is zoned R1

Parking

  • 3 Car Garage
  • Unpaved Driveway
  • Open Parking

Home Design

  • Asphalt Roof
  • Clapboard

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Interior Basement Entry
  • Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Hot Water Heating System
  • Oil Water Heater
  • Cesspool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 41091

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,749

Year Built

Built in 1930 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Directions: Follow New York Ave out of Oak Bluffs to #162 on left side.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Special Features: None
  • Year Renovated: 2005

Interior Features

  • Appliances: Oil Water Heater, Water Heater
  • Basement: Interior Entry
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Hardwood
  • Living Area: 768
  • Stories: 1
  • Bedroom 2 Description: Floor: Carpet
  • Primary Bedroom Description: Floor: Carpet
  • Room Bedroom2 Features: Bedroom 2

Exterior Features

  • Lot Features: Cleared, Gentle Sloping
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Clapboard
  • Foundation Details: Other
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Unpaved
  • Total Parking Spaces: 3

Utilities

  • Cooling: None
  • Heating: Hot Water
  • Sewer: Cesspool
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Martha's Vineyard

Lot Info

  • Zoning: R1
  • Land Lease: No
  • Lot Size Sq Ft: 4792
  • Parcel #: 41091
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2749
  • Tax Book Number: (44422)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Aug 30, 2018
Sold by
Wessling David Est
Bought by
Thomas Deon M and Thomas Emily
Seller's Agent
Nancy Beckwith
Anchor Realty of MV
Buyer's Agent
Nancy Beckwith
Anchor Realty of MV
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%
Current Estimated Value
$907,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,105
Avg. Annual Appreciation
8.58%
Original Mortgage
$456,000
Outstanding Balance
$395,192
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$511,913

Purchase Details

Closed on
May 25, 1999
Sold by
Kerr Marilyn
Bought by
Wessling David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 1997
Sold by
Ciciora Jeffrey T
Bought by
Wessling David and Kerr Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.09%
Mortgage Type
Purchase Money Mortgage
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
Thomas Deon M $500,000 --
Wessling David $565,000 --
Wessling David $112,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Deon M $456,000
Previous Owner Wessling David $50,000
Previous Owner Wessling David $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $500,000 +1.0% $651 / Sq Ft
06/17/2018 06/17/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $495,000 -- $645 / 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 $3,815 $755,400 $553,100 $202,300
2024 $3,771 $721,000 $502,600 $218,400
2023 $3,469 $657,100 $447,700 $209,400
2022 $3,316 $488,300 $321,900 $166,400
2021 $3,249 $440,900 $293,600 $147,300
2020 $3,102 $416,900 $279,600 $137,300
2019 $3,100 $403,100 $269,700 $133,400
2018 $2,750 $351,200 $233,900 $117,300
2017 $2,650 $325,100 $221,700 $103,400
2016 $2,544 $313,700 $228,600 $85,100
2015 $2,438 $306,300 $227,700 $78,600
2014 $2,362 $302,400 $216,200 $86,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21803913

Martha

APN: OAKB-000004-000109-000001