NOT LISTED FOR SALE

Estimated Value: $2,365,000 - $2,874,000

4 Beds
4 Baths
2,332 Sq Ft
$1,099/Sq Ft Est. Value

Last Sold September 19, 2018

Last sale price $1,400,000 $600 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $14,414/month

307 Days on Market

Highlights

  • Private Pool
  • Deck
  • Wood Flooring
  • 4 Acre Lot
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of September 2018

Offered for the first time in nearly 50 years, this 4 bedroom, 4 bath, contemporary home is sited on four acres at 22 Lighthouse Road. Spanning over 2,300 square feet on two levels, this home provides views across Vineyard Sound to the Elizabeth Islands, Menemsha Bight and Chilmark’s north shore. Entertain friends and guests in the spacious living room with sky lit, cathedral ceilings, fireplace and wide water views. An open kitchen and dining area lead to a sunlit porch where one can also enjoy the views to the Sound and the property’s inground, heated swimming pool. The upper floor of this home is complete with a grand master bedroom overlooking the Sound with a large ensuite whirlpool bath, multiple closets, spaces for an au-pair and a large family room with kitchenette and laundry. The lower floor of this home provides three additional bedrooms and bathrooms, an office, a workshop and guest quarters. In addition to the pool, there are multiple decks and outdoor spaces to enjoy. Other amenities include hardwood flooring, a house generator, outdoor shower, air conditioning and two car garage. Water views are protected with ownership of 1.8 acres across Lighthouse Road that may also be able to be developed with permitting. Summer fun can be found at two included private, association beaches, South Shore Beach, located off Moshup Trail, an Atlantic Ocean beach, and Vineyard Sound Beach, located off Oxcart Road.
Adjoining 13.7 acres available separately. See 5-106 Lighthouse Road. PLEASE NOTE: Sale price did not include the 1.8 acres across Lighthouse Road, "the view lot".

Last Agent to Sell the Property

Russell Maloney

Russel Maloney Real Estate License #448014360 Listed on: 03/31/2017

Last Buyer's Agent

Katherine Donahue

Sandpiper Realty Inc License #448010627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,152

Year Built

  • Built in 1969 | Remodeled

Lot Details

  • 4 Acre Lot
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 2,332 Sq Ft Home
  • 2-Story Property
  • Living Quarters
  • 1 Fireplace
  • Screened Porch
  • Property Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 99,100,105
  • Assessor Parcel Number 059900

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,152

Year Built

Built in 1969 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1969
  • Lot Size Acres: 4
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: Lighthouse Road to # 22.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Special Features: None
  • Year Renovated: 2007

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Basement: Walk-Out Access
  • Total Bedrooms: 4
  • Interior Amenities: Separate Living Quarters
  • Full Bathrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Living Area: 2332
  • Stories: 2

Exterior Features

  • Exterior Features: Private Yard, Underground Sprinkler, Outdoor Shower
  • Pool Features: Private
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Screened, Patio
  • Property Condition: Updated/Remodeled
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Cooling: Central Air, Fixed Wall System
  • Heating: Hot Water
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Residential
  • Land Lease: No
  • Lot Size Sq Ft: 174240
  • Parcel #: 059900
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10152
  • Tax Book Number: 1265
  • Tax Lot: 99,100,105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
Sep 19, 2018
Sold by
Hlm Vineyard Realty Ll
Bought by
Colter Richard and Colter Deborah
Seller's Agent
Russell Maloney
Russel Maloney Real Estate
Buyer's Agent
Katherine Donahue
Sandpiper Realty Inc
List Price
$2,370,000
Sold Price
$1,400,000
Premium/Discount to List
-$970,000
-40.93%
Current Estimated Value
$2,563,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,163,671
Avg. Annual Appreciation
8.87%
Original Mortgage
$1,425,000
Outstanding Balance
$1,233,322
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,330,349

Purchase Details

Closed on
Jun 5, 2017
Sold by
Vineyard Conservation
Bought by
Sheriffs Meadow Fndtn

Purchase Details

Closed on
Jul 31, 2015
Sold by
Gross Betty B Est
Bought by
Gross Ft Marthas Viney

Purchase Details

Closed on
Nov 7, 2014
Sold by
Goff Beach Nt
Bought by
Walsh Alexander T and Walsh Sally C

Purchase Details

Closed on
Jul 14, 2014
Sold by
Hazzard Pearl E Est
Bought by
Land Marthas Vineyard

Purchase Details

Closed on
Feb 5, 2013
Sold by
Rocker Freda B
Bought by
Madison Jeffrey L

Purchase Details

Closed on
Aug 3, 2012
Sold by
Barbara B Gentry 2010
Bought by
Goff Beach Nt

Purchase Details

Closed on
Dec 30, 2011
Sold by
Malkin Rt and Malkin
Bought by
Hlm Vineyard Realty Ll
Source: Public Records

Range of Values:

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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
Colter Richard $1,400,000 --
Colter Richard $1,400,000 --
Sheriffs Meadow Fndtn $50,000 --
Gross Ft Marthas Viney -- --
Walsh Alexander T $260,000 --
Land Marthas Vineyard $42,710 --
Madison Jeffrey L -- --
Goff Beach Nt -- --
Welch Berta -- --
Hlm Vineyard Realty Ll -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colter Richard $1,425,000
Closed Colter Richard $1,425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2018 09/19/18 Sold $1,400,000 0.0% $600 / Sq Ft View Prior Sale
09/19/2018 09/19/18 Sold $1,400,000 -40.9% $600 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
02/01/2018 02/01/18 Pending -- -- --
03/31/2017 03/31/17 For Sale $2,370,000 0.0% $1,016 / Sq Ft
03/15/2016 03/15/16 For Sale $2,370,000 -- $1,016 / 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 $11,950 $1,767,800 $938,700 $829,100
2024 $10,904 $1,703,800 $910,800 $793,000
2023 $10,393 $1,703,800 $910,800 $793,000
2022 $10,040 $1,601,300 $957,200 $644,100
2021 $9,304 $1,456,000 $857,000 $599,000
2020 $9,143 $1,342,600 $779,500 $563,100
2019 $8,217 $1,342,600 $779,500 $563,100
2018 $7,193 $1,312,500 $779,500 $533,000
2017 $6,523 $1,186,000 $764,600 $421,400
2016 $6,345 $1,186,000 $764,600 $421,400
2015 $6,282 $1,227,000 $805,600 $421,400
2014 $5,895 $1,256,900 $805,600 $451,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21710680

Martha

APN: GAYH-000005-000000-000099-000105