NOT LISTED FOR SALE

Estimated Value: $3,649,000 - $4,340,000

5 Beds
5.5 Baths
4,329 Sq Ft
$931/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $2,300,000 $531 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $23,626/month

15 Days on Market

About This Home

As of December 2020

Your luxury oasis awaits in Oak Bluffs' most sought after enclave, “The Preserve At The Woodlands.” This new construction luxury home sits on over two acres, surrounded by generous setbacks that provide added privacy among tall pines and oaks. This property truly accommodates the Vineyard lifestyle in a distinctive and beautifully maintained setting perfect for entertaining in the summer and beyond. For the sports and outdoor enthusiast, The Preserve is just a minute from the renowned Farm Neck Golf Club and connects to walking and biking trails that lead to the three down island beaches. With more than 4200 sq. ft., five-bedroom/bathroom ensuites, and 10 ft. ceilings, this stunning home defies expectations! Nestled at the end of a softly curving driveway, hidden from the road by a stretch of mature trees, the house provides coveted privacy coupled with a spacious modern interior that boasts high-end amenities, top of the line appliances, and all the requisites for a home to be enjoyed year-round. Specific features include: First and second-floor master bedroom suites, guest suite, chef's kitchen with Thermidor appliances, hardwood floors, custom tile bathrooms, multiple balconies and patios, luxe closets and storage throughout the home, spacious third-floor loft, massive unfinished basement with 10-foot ceilings, expansive outdoor entertaining spaces, and lush landscaping. As the home approaches the last stages of construction, the new buyers may opt to have the developers oversee the addition of an already-permitted 16’x34’ inground pool and/or customize closets and basement. Completion of 18 Paddock is set for September 2020. With few lots remaining in this exclusive neighborhood, don’t miss out on this incredible opportunity to fulfill the dream of luxury homeownership on the Vineyard.

Last Agent to Sell the Property

Andrew McElhinney

Compass LLC Listed on: 06/29/2020

Last Buyer's Agent

Marilyn Moses

Ocean Park Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,048

Year Built

  • 2020

Lot Details

  • 2.11 Acre Lot
  • Property is zoned R3

Home Design

  • 4,329 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 83
  • $544,100 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,048

Year Built

2020

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 741
  • Special Features: None
  • Year Built: 2020

Interior Features

  • Appliances: Stove: Thermidor, Washer: Electrolux
  • Has Basement: Finish for additional sq. ft.
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: Spacious open floor plan with state of the art appliances in the chef's kitchen. Picturesque sunroom overlooking the location of the future gunite swimming pool. First-floor master that has its own private patio off the side of the house., Floor 2: Three bedrooms on this level all ensuite. There is an additional master suite on this level. The second story deck provides access to the guest quarters located above the garage., Floor 3: Finished attic space great for a home office or for a kid's playroom.
  • Main Level Bedrooms: 1
  • Total Bedrooms: 10

Exterior Features

  • Pool Private: No
  • Foundation Details: Poured Concrete

Garage/Parking

  • Parking Features: Ample parking spaces

Utilities

  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 91911
  • Land Lease Expiration Date: 2020-11-20
  • Zoning: R3

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 4048.1
  • Tax Lot: 83
  • Tax Map Number: 35
  • Tax Other Annual Assessment Amount: 544100
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Dec 28, 2020
Sold by
Senatus Patrick B
Bought by
Propicius Bio Sltns Llc T
Seller's Agent
Andrew McElhinney
Compass LLC
Buyer's Agent
Marilyn Moses
Ocean Park Realty Inc
List Price
$2,399,000
Sold Price
$2,300,000
Premium/Discount to List
-$99,000
-4.13%
Current Estimated Value
$4,029,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,729,684
Avg. Annual Appreciation
12.62%
Original Mortgage
$1,380,000
Outstanding Balance
$1,236,380
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,793,304

Purchase Details

Listed on
Jun 29, 2020
Closed on
Dec 3, 2020
Sold by
Copper Prop Partners Llc
Bought by
Senatus Patrick B
Seller's Agent
Andrew McElhinney
Compass LLC
Buyer's Agent
Marilyn Moses
Ocean Park Realty Inc
List Price
$2,399,000
Sold Price
$2,300,000
Premium/Discount to List
-$99,000
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Outstanding Balance
$1,236,380
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,793,304

Purchase Details

Closed on
Sep 9, 2019
Sold by
Preserve At Woodlands Llc
Bought by
Copper Properties Ptnrs
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
Propicius Bio Sltns Llc T -- None Available
Senatus Patrick B $2,300,000 None Available
Copper Properties Ptnrs $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Senatus Patrick B $1,380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $2,300,000 -4.1% $531 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $2,399,000 -- $554 / 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 $20,543 $4,068,000 $990,300 $3,077,700
2024 $20,105 $3,844,200 $794,100 $3,050,100
2023 $16,150 $3,058,800 $771,600 $2,287,200
2022 $14,518 $2,138,100 $581,500 $1,556,600
2021 $5,315 $721,200 $571,300 $149,900
2020 $4,048 $544,100 $544,100 $0
2019 $3,828 $497,800 $497,800 $0
2018 $3,694 $471,800 $471,800 $0
2017 $2,217 $272,000 $272,000 $0
2016 $1,879 $231,700 $231,700 $0
2015 $1,844 $231,700 $231,700 $0
2014 $1,815 $232,400 $232,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 36170

APN: OAKB-000035-000083