NOT LISTED FOR SALE

258 Newton Rd Oak Bluffs, MA 02557

Oak Bluffs Neighborhood

Estimated Value: $1,768,000 - $3,307,000

3 Beds
1.5 Baths
2,416 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $1,275,000 $528 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $14,895/month

448 Days on Market

Highlights

  • Waterfront
  • Deck
  • Porch

About This Home

As of July 2015

Enjoy beautiful sunsets from this fabulous waterfront location on the Lagoon.  Once you enter the open kitchen and living area, you will begin to understand what this home is truly about...the location.  Opening the French doors will further unite inside and outside.  Views stretch across the Lagoon all the way to West Chop. Expanded over the years, this year-round seaside cottage features an open living/kitchen/dining area, spacious family room, 3 bedrooms, 1 1/2 bath home with more than 2,400 sq. ft.  The master bedroom features cathedral ceilings, a private, partially covered deck and a wall of windows that takes full advantage of the views.  An addition was completed in 2007, adding a second living/family room on the first floor and a spacious bedroom upstairs.  Enjoy dinner on the slate patio with steps down to the beach.  Let the Lagoon be your playground.

Last Agent to Sell the Property

Michele Moore

Island Real Estate Listed on: 04/16/2014

Last Buyer's Agent

Fred Roven

Martha's Vineyard Buyer Agents

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,811

Year Built

  • Built in 1998 | Remodeled in 2006

Lot Details

  • 10,454 Sq Ft Lot
  • Waterfront

Home Design

  • 2,416 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Septic Tank
  • Cable TV Available

Additional Features

  • Stove
  • Washer

Listing and Financial Details

  • Tax Lot 29
  • $782,400 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,811

Year Built

Built in 1998 | Remodeled in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: Waterfront
  • Lot Features: Small side yard, the Lagoon is your playground
  • LotSizeAcres: 0.24
  • View: None
  • Co List Office Mls Id: 776
  • Building Area Total: 2416
  • Has Fireplace?: No
  • Effective Year Built: 2006
  • Year Built: 1998
  • Special Features: None
  • Year Built: 1998
  • Year Renovated: 2006

Interior Features

  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: None.  Partial crawl.
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood and carpet
  • Interior Amenities: Ins,OSh, Floor 1: Spacious family room at the back of the house leads into the open kitchen/living/dining area with a wall of windows out to the water., Floor 2: Feel like you are floating on water in the spacious master bedroom with cathedral ceilings.  Two more bedrooms and a full bath finish off the second floor.
  • Total Bedrooms: 6

Exterior Features

  • Pool Private: No
  • Exterior Features: Deck, Porch, PvtBch, PubBch, WViews
  • Foundation Details: Concrete and concrete pilings
  • Other Structures: shed

Garage/Parking

  • Parking Features: Off street

Utilities

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

Lot Info

  • Lot Size Sq Ft: 10454
  • Land Lease Expiration Date: 2015-09-30
  • Zoning: RES

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 8811
  • Tax Lot: 29
  • Tax Map Number: 13
  • Tax Other Annual Assessment Amount: 782400
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2014
Closed on
Jul 31, 2015
Sold by
Wallace Michael R
Bought by
Colberg Beach House T
Seller's Agent
Michele Moore
Island Real Estate
Buyer's Agent
Fred Roven
Martha's Vineyard Buyer Agents
List Price
$1,395,000
Sold Price
$1,275,000
Premium/Discount to List
-$120,000
-8.6%
Current Estimated Value
$2,630,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,355,945
Avg. Annual Appreciation
7.33%
Original Mortgage
$1,020,000
Outstanding Balance
$800,584
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,830,361

Purchase Details

Closed on
Sep 16, 1993
Sold by
Davey Alan and Davey Martin E
Bought by
Wallace Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage
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
Colberg Beach House T $1,275,000 --
Wallace Michael R $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colberg Beach House T $1,020,000
Previous Owner Wallace Michael R $100,000
Previous Owner Wallace Michael R $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2015 07/31/15 Sold $1,275,000 -8.6% $528 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
04/16/2014 04/16/14 For Sale $1,395,000 -- $577 / 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 $13,162 $2,606,400 $1,937,300 $669,100
2024 $12,873 $2,461,300 $1,760,500 $700,800
2023 $12,465 $2,360,800 $1,710,600 $650,200
2022 $12,207 $1,797,800 $1,307,800 $490,000
2021 $11,417 $1,549,100 $1,125,500 $423,600
2020 $3,444 $1,464,800 $1,071,900 $392,900
2019 $10,951 $1,424,100 $1,038,400 $385,700
2018 $10,754 $1,373,400 $987,700 $385,700
2017 $10,442 $1,281,200 $936,300 $344,900
2016 $10,258 $1,264,800 $965,300 $299,500
2015 $8,578 $1,077,600 $782,400 $295,200
2014 $8,434 $1,079,900 $780,900 $299,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Michele Moore

    Island Real Estate

  • F

    Buyer's Agent in 2015

    Fred Roven

    Martha's Vineyard Buyer Agents

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 26480

APN: OAKB-000013-000029

Massachusetts Dukes County Oak Bluffs Oak Bluffs

258 Newton Rd, Oak Bluffs, MA

This home is located at 258 Newton Rd, Oak Bluffs, MA 02557 since 16 April 2014 and is currently estimated at $2,630,945, approximately $1,088 per square foot. This property was built in 1998. 258 Newton Rd is a home with nearby schools including Oak Bluffs Elementary School and Martha's Vineyard Regional High School.

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