NOT LISTED FOR SALE

26 Pocasset Ave Oak Bluffs, MA 02557

Oak Bluffs Neighborhood

Estimated Value: $1,812,000 - $2,419,452

0.28 Acre
$7,689,689 Price per Acre
12,197 Sq Ft Lot

Last Sold June 12, 2013

Last sale price $370,000

Est. 482% increase in value since last sale

Current estimated payment $12,145/month

17 Days on Market

About This Lot

As of June 2013

For a property in the historic Copeland District, this is truly an ample buildable lot! This level corner parcel exceeds a quarter acre and features a deep wooded buffer at the western end. You can keep and use the existing 400sf studio dwelling and shed, but most of all, you'll want to develop your dream home in this coveted location within an easy walk of town, beach, parks and the Arts District. The lot can absorb a sizeable footprint for house, garage and up to a 6BR septic system. Investors: Vacation tenants will beat a path to your door. NOTE: Exterior building plans are subject to the approval of the Cottage City Historic District Commission. The quoted assessment includes the value of the studio and shed.

Last Agent to Sell the Property

Shelley Christiansen

Donnelly + Co Listed on: 04/01/2013

Last Buyer's Agent

Caroline Taylor

Island Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,510

Lot Details

  • 0.28

Additional Features

  • 0.28 Acre Lot
  • Cesspool

Listing and Financial Details

  • Tax Lot 121
  • $319,000 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$2,510

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Frontage: None
  • LotSizeAcres: 0.28
  • View: None
  • Co List Office Mls Id: 734
  • Special Features: None

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Cesspool
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 12197
  • Number Of Lots: 1
  • Land Lease Expiration Date: 2013-07-31
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 2510
  • Tax Lot: 121
  • Tax Map Number: 11
  • Tax Other Annual Assessment Amount: 319000
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2013
Closed on
Jun 12, 2013
Sold by
Reeves Larkin B and Reeves Grace A
Bought by
Arrindell Deborah J
Seller's Agent
Shelley Christiansen
Donnelly + Co
Buyer's Agent
Caroline Taylor
Island Real Estate
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$2,153,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,783,113
Avg. Annual Appreciation
15.30%
Original Mortgage
$222,000
Outstanding Balance
$161,451
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,991,662

Purchase Details

Closed on
Oct 29, 2007
Sold by
Larkin B Reeves Ft
Bought by
Reeves Grace A and Reeves Larkin B

Purchase Details

Closed on
Nov 18, 1992
Sold by
Brown Harry and Brown Florence
Bought by
Reeves Tr Larkin B and Reeves Tr Grace A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage
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
Arrindell Deborah J $370,000 --
Reeves Grace A -- --
Reeves Tr Larkin B $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeves Tr Larkin B $222,000
Previous Owner Reeves Tr Larkin B $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2013 06/12/13 Sold $370,000 0.0% --
04/18/2013 04/18/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $370,000 -- --
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 $9,158 $1,813,500 $636,300 $1,177,200
2024 $9,130 $1,745,700 $578,300 $1,167,400
2023 $7,191 $1,362,000 $561,900 $800,100
2022 $7,459 $1,098,600 $423,200 $675,400
2021 $7,360 $998,600 $365,300 $633,300
2020 $8,747 $935,200 $347,900 $587,300
2019 $8,501 $879,300 $303,400 $575,900
2018 $6,663 $850,900 $274,000 $576,900
2017 $8,128 $685,900 $259,800 $426,100
2016 $4,115 $507,400 $267,800 $239,600
2015 $2,476 $311,000 $267,800 $43,200
2014 $2,607 $333,800 $282,700 $51,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Shelley Christiansen

    Donnelly + Co

  • C

    Buyer's Agent in 2013

    Caroline Taylor

    Island Real Estate

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 24530

APN: OAKB-000011-000121

Massachusetts Dukes County Oak Bluffs Oak Bluffs

26 Pocasset Ave, Oak Bluffs, MA

This home is located at 26 Pocasset Ave, Oak Bluffs, MA 02557 since 01 April 2013 and is currently estimated at $2,153,113. 26 Pocasset Ave is a home with nearby schools including Oak Bluffs Elementary School and Martha's Vineyard Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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