NOT LISTED FOR SALE

Estimated Value: $931,000 - $1,164,000

2 Beds
1 Bath
1,280 Sq Ft
$802/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $485,000 $379 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $6,110/month

22 Days on Market

About This Home

As of December 2017

This one level attractively designed cottage is located on a quiet lane off Main Street in Vineyard Haven. There are 2 bedrooms and an updated full bath. The entry area with hardwood flooring is bright and inviting. A comfortable living room leads to an updated kitchen with a separate dining room. The family room/office, and mud room connects to the oversize one car garage. This completes the interior. The deck area expands the rear side of cottage with a small yard area. A storage shed is on the side of the deck. Possible expansion with ZBA approval. Also, there are two parking spaces. An ideal location, easy walk into town and to the town beach at end of Owen Little Way. Cottage is currently serviced by a cesspool, which needs to be upgraded. Seller shall provide septic design for Title V system.

Last Agent to Sell the Property

Joan Dunayer

Martha's Vineyard R.E. Listed on: 10/05/2017

Last Buyer's Agent

Lena Thunholm Johnson

Lena MV Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,293

Year Built

  • 1952

Lot Details

  • 5,662 Sq Ft Lot

Interior Spaces

  • 1,280 Sq Ft Home
  • Crawl Space
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cesspool
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 16.1
  • $213,300 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,293

Year Built

1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 783
  • Special Features: None
  • Year Built: 1952

Interior Features

  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Crawl
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: No
  • Interior Amenities: Ins, Floor 1: Living Room, Kitchen, Dining Room, Master Bedroom with slider to deck, Second Bedroom, Full bath, Office/Family Room with door to deck, Mud Room connects to Garage
  • Main Level Bedrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Pool Private: No
  • Foundation Details: Crawl Space
  • Other Structures: Shed

Garage/Parking

  • Parking Features: Yes

Utilities

  • Sewer: Cesspool
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 5662
  • Land Lease Expiration Date: 2018-03-10
  • Zoning: RES

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 3293
  • Tax Lot: 16.1
  • Tax Map Number: 5/K
  • Tax Other Annual Assessment Amount: 213300
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2022
Sold by
Peek Jeffrey R and Peek Marisa J
Bought by
Peek Ft
Current Estimated Value
$1,026,593

Purchase Details

Listed on
Oct 5, 2017
Closed on
Dec 21, 2017
Sold by
Gale Richard B and Silva Lynn
Bought by
Peek Marisa J and Peek Jeffrey
Seller's Agent
Joan Dunayer
Martha's Vineyard R.E.
Buyer's Agent
Lena Thunholm Johnson
Lena MV Realty
List Price
$519,000
Sold Price
$485,000
Premium/Discount to List
-$34,000
-6.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$130,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 1994
Sold by
Gale Robert D
Bought by
Gale Richard A
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
Peek Ft -- None Available
Peek Marisa J $485,000 --
Gale Richard A $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peek Marisa J $130,000
Previous Owner Gale Richard A $69,500
Previous Owner Gale Richard A $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2017 12/21/17 Sold $485,000 -6.6% $379 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $519,000 -- $405 / 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 $6,338 $837,300 $487,400 $349,900
2024 $6,022 $754,600 $406,100 $348,500
2023 $4,910 $670,700 $336,300 $334,400
2022 $5,086 $584,600 $250,200 $334,400
2021 $4,629 $504,800 $250,200 $254,600
2020 $4,310 $461,900 $269,500 $192,400
2019 $4,067 $443,500 $269,500 $174,000
2018 $3,551 $375,800 $228,500 $147,300
2017 $3,224 $353,900 $213,300 $140,600
2016 $2,932 $320,100 $191,100 $129,000
2015 $2,631 $295,000 $171,800 $123,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 32751

APN: TISB-000005K-000000-000016-000001