NOT LISTED FOR SALE

Estimated Value: $2,758,000 - $4,074,000

4 Beds
3.5 Baths
4,047 Sq Ft
$854/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $2,250,000 $556 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $20,327/month

137 Days on Market

Highlights

  • 5.58 Acre Lot
  • Porch
  • Garden
  • Deck
  • Patio

About This Home

As of November 2020

STROLL TO LOWER MAKONIKEY BEACH -Custom Timber Peg Post and Beam Home on a private beautifully landscaped 5.6 Acre Lot located in highly desirable neighborhood of Lower Makonikey. A three minute stroll down your path to the private association North Shore Beach overlooking Vineyard Sound. Four bedrooms, open concept kitchen and dining room, the living room includes a wood burning fireplace and a second charming separate sunny garden room to relax in. A perfect home for summer by the beach, as well as, year round living. The house has been meticulously maintained and there are extensive mature perennial gardens overlooking the many porches and patio's providing easy outdoor care. Bonus - a luxury detached professional Office/ Studio space over the garage. This enchanting setting offers the ultimate Vineyard Lifestyle of having your own heavenly nature retreat ! ** See photos of water view channel potential .

Last Agent to Sell the Property

Suzanne Lanzone

Suzanne Lanzone & Associates LLC Listed on: 05/07/2020

Last Buyer's Agent

Patty Kendall

Kendall & Kendall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,874

Year Built

  • Built in 1993 | Remodeled in 2015

Lot Details

  • 5.58 Acre Lot
  • Garden
  • Property is zoned R3A

Home Design

  • 4,047 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include road and beach

Listing and Financial Details

  • Tax Lot E-1
  • $785,500 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,874

Year Built

Built in 1993 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: Fully Landscaped with irrigation system, with perennial gardens throughout
  • LotSizeAcres: 5.58
  • View: Snd, D/Snd
  • Association Fees: 150
  • Association Fee Inclusions: Road and Beach
  • Co List Office Mls Id: 806
  • Building Area Total: 4047
  • Has Fireplace?: No
  • Effective Year Built: 2015
  • Year Built: 1993
  • reviewed: Yes
  • Special Features: None
  • Year Built: 1993
  • Year Renovated: 2015

Interior Features

  • Appliances: Stove: Electric, Washer: 1
  • Has Basement: Lower finished level :Two Bedrooms Walk out, Full Bath, laundry Room, Utility Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 1-Wood Burning 1 - Stove
  • Flooring: Wood and some Carpet
  • Interior Amenities: A,AC,Ins,MiniSplit,OSh,WdStove, Floor 1: Master Bedroom Suite, Kitchen, Dining Room and Sun Room with radiant heat., Floor 2: One Bedroom, Full Bath, Loft Office

Exterior Features

  • Pool Private: No
  • Exterior Features: WViews, Deck, Garden, Patio, Porch, AscBch, DdBch
  • Foundation Details: Poured concrete
  • Other Structures: Detached large Carriage House Office /Studio over Garage

Garage/Parking

  • Parking Features: 6 cars off street

Utilities

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

Lot Info

  • Lot Size Sq Ft: 243064
  • Zoning: R3A

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 16873.55
  • Tax Lot: E-1
  • Tax Map Number: 66
  • Tax Other Annual Assessment Amount: 785500
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Nov 2, 2020
Sold by
Cuttyhunk Avenue Llc
Bought by
Gillman Ross D and Gillman Nancy S
Seller's Agent
Suzanne Lanzone
Suzanne Lanzone & Associates LLC
Buyer's Agent
Patty Kendall
Kendall & Kendall
List Price
$2,750,000
Sold Price
$2,250,000
Premium/Discount to List
-$500,000
-18.18%
Current Estimated Value
$3,457,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,207,143
Avg. Annual Appreciation
8.86%
Original Mortgage
$1,800,000
Outstanding Balance
$1,601,744
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,855,399

Purchase Details

Closed on
Oct 16, 2017
Sold by
Cini William L and Cini Marcia M
Bought by
Cuttyhunk Avenue Llc

Purchase Details

Closed on
Apr 3, 1992
Sold by
Griswold Adm Dorte
Bought by
Cini William L and Cini Marcia M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gillman Ross D $2,250,000 None Available
Cuttyhunk Avenue Llc -- --
Cini William L $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillman Ross D $1,800,000
Previous Owner Cini William L $995,000
Previous Owner Cini William L $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $2,250,000 -18.2% $556 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $2,750,000 -- $680 / 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 $25,490 $3,367,300 $1,595,400 $1,771,900
2024 $22,537 $2,824,200 $1,399,600 $1,424,600
2023 $21,898 $2,991,500 $1,372,900 $1,618,600
2022 $18,095 $2,079,909 $785,509 $1,294,400
2021 $17,881 $1,949,900 $785,500 $1,164,400
2020 $16,695 $1,789,409 $785,509 $1,003,900
2019 $16,409 $1,789,400 $785,500 $1,003,900
2018 $15,644 $1,655,500 $785,500 $870,000
2017 $14,901 $1,635,700 $956,400 $679,300
2016 $14,598 $1,593,700 $963,000 $630,700
2015 $14,216 $1,593,700 $963,000 $630,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 36581

APN: TISB-000066E-000000-000001