NOT LISTED FOR SALE

21 Mill Square Rd Oak Bluffs, MA 02557

Oak Bluffs Neighborhood

Estimated Value: $2,864,000 - $3,564,534

5 Beds
5 Baths
2,905 Sq Ft
$1,061/Sq Ft Est. Value

Sale Details

Date Sold: November 26, 2019

Last sale price $1,800,000 $620 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $17,905 / mo

195 Days on Market

About This Home

As of November 2019

East Chop – Enchanting water views from a coveted location just 300’ from the beaches! This charming, vacation or year-round home should be at the top of your list because of its close proximity to beaches, tennis courts, the Oak Bluffs harbor and downtown areas. Properties in this highly sought after location come along only once in a generation! This 4-bedroom/3-full plus 2-half bathroom home on 0.45 acres, features active water views, beach stone fireplace, 2-car garage, and an association park behind. A fabulous vacation or year-round home that should be at the top of your list because of its close proximity to beaches, tennis courts, the Oak Bluffs harbor and downtown areas. You're just 300’ from the beach but without the risks of a waterfront home near the Bluffs. Living room with beach stone fireplace opens to wrap around porch. First floor features living room, dining room, gourmet kitchen and bedroom with 1/2 bath. Rear deck opens to side patio, garage and parking area. Second floor has 4-bedrooms, plus office/bedroom, two full baths plus full bath in master bedroom. Home comes with or without furnishings and is fully insulated. Recent improvements have included new kitchen, all new plumbing and electric wiring, remodeled bathrooms, new heating system (plus ducting for central AC just needs condensers). Seller agrees to credit the buyer at closing with half the cost of design and installation of Title V septic design for 6-bedrooms up to $12,500. Expansion potential for detached bedroom/bathroom above the garage but please verify with appropriate town departments.

Last Agent to Sell the Property

Perry Patterson

MV Luxury Homes Listed on: 03/29/2019

Last Buyer's Agent

Jennifer DaSilva

Compass | Point B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,302

Year Built

  • Built in 1890 | Remodeled in 2002

Lot Details

  • 19,602 Sq Ft Lot
  • Property is zoned R2

Home Design

  • 2,905 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cesspool
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 18
  • $1,109,700 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,302

Year Built

Built in 1890 | Remodeled in 2002

Lot Details

0.45 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: Landscaped and wooded
  • LotSizeAcres: 0.45
  • Co List Office Mls Id: 743
  • Building Area Total: 2905
  • Effective Year Built: 2002
  • Year Built: 1890
  • reviewed: Yes
  • Special Features: None
  • Year Built: 1890
  • Year Renovated: 2002

Interior Features

  • Appliances: Stove: Wolf Stove, Washer: Yes
  • Has Basement: Partial basement/crawl space with propane heating system.
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Beach stone fireplace in living room (plus 2 additional potential covered)
  • Flooring: Original (refinished) wood floors
  • Interior Amenities: Floor 1: Large sunlit living room with beach stone fireplace, water views and double Victorian doors opening out to wrap around front and side porches. Great flow for entertaining with main dining room between kitchen and living room. Kitchen features center island, Wolf propane stove, eating area, custom cabinets and backlit French stained glass windows. First floor includes bedroom with ½ bath (pre-plumbed for shower), laundry room and den., Floor 2: 4-bedrooms, two with balcony porches plus 3-full bathrooms. Center hall provides access to master bedroom suite with master bath, three additional bedrooms one with full bathroom (one of the bedrooms is currently set up as an office). The master bedroom suite includes sitting room with vaulted ceilings and skylights, and overlooks the ocean through double glass doors opening onto balcony; sleeping area includes double french doors to master bath with Jacuzzi. Bedrooms feature vaulted ceilings. Tower room with bench seating has 280-degree water views of Nantucket Sound -- from Oak Bluffs Ferry to East Chop beaches, looks out on to active ocean views of sail boat races, ferries, yachts and Oak Bluffs August fireworks. Great for a quiet reading room, a place to watch the sun set or for the kids hide and seek.

Exterior Features

  • Pool Private: No
  • Exterior Features: Patio, Porch, PubBch, WViews
  • Foundation Details: Partial basement with concrete crawl space
  • Other Structures: Two-car garage.

Garage/Parking

  • Parking Features: White shell driveway with parking for multiple cars, plus 2-car garage

Utilities

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

Lot Info

  • Lot Size Sq Ft: 19602
  • Zoning: R2

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 14302
  • Tax Lot: 18
  • Tax Map Number: 3
  • Tax Other Annual Assessment Amount: 1109700
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Nov 19, 2019
Sold by
Young Margaret J
Bought by
21 Msq Rt
Seller's Agent
Perry Patterson
MV Luxury Homes
Buyer's Agent
Jennifer DaSilva
Compass | Point B
List Price
$2,250,000
Sold Price
$1,800,000
Premium/Discount to List
-$450,000
-20%
Current Estimated Value
$3,083,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,283,384
Avg. Annual Appreciation
8.86%
Original Mortgage
$1,440,000
Outstanding Balance
$1,264,291
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,819,093

Purchase Details

Closed on
Apr 30, 2002
Sold by
Wolfe Russell and Wolfe Vivian B
Bought by
Young Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
21 Msq Rt $1,800,000 --
Young Margaret J $705,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 21 Msq Rt $1,440,000
Previous Owner Young Margaret J $200,000
Previous Owner Young Margaret J $970,000
Previous Owner Young Margaret J $564,000
Previous Owner Young Margaret J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2019 11/26/19 Sold $1,800,000 -20.0% $620 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $2,250,000 -- $775 / Sq Ft
Source: LINK (Vineyard)

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 $15,601 $3,089,400 $1,619,000 $1,470,400
2024 $15,021 $2,872,000 $1,471,300 $1,400,700
2023 $13,760 $2,606,000 $1,429,600 $1,176,400
2022 $13,461 $1,982,500 $1,076,800 $905,700
2021 $13,044 $1,769,900 $937,600 $832,300
2020 $14,167 $1,904,200 $1,146,900 $757,300
2019 $14,302 $1,859,800 $1,109,700 $750,100
2018 $14,043 $1,793,500 $1,043,800 $749,700
2017 $14,402 $1,767,100 $1,093,600 $673,500
2016 $14,094 $1,737,800 $1,127,400 $610,400
2015 $13,392 $1,682,400 $1,127,400 $555,000
2014 $14,819 $1,897,500 $1,252,200 $645,300
Source: Public Records

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Map

Source: LINK (Vineyard)

MLS Number: 34973

APN: OAKB-000003-000018

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