NOT LISTED FOR SALE

Estimated Value: $1,037,723 - $1,201,000

2 Beds
1 Bath
1,357 Sq Ft
$842/Sq Ft Est. Value

Last Sold June 17, 2013

Last sale price $410,000 $302 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $6,804/month

307 Days on Market

Highlights

  • Medical Services
  • Deck
  • Corner Lot
  • Cape Cod Architecture
  • Wood Flooring
  • No HOA

About This Home

As of June 2013

Furnished Investment Opportunity!!! Legal 2 Unit cape-style home with rental history located on a quiet lane in a delightful neighborhood. Convenient to downtown, ferry, library and the Yacht Club. Rent both OR live in one and enjoy the income of the other. Also perfect as a starter home or a downsizing option. Updates in 2008/2009 include: new appliances; refinished flooring; Buderus heating system and Buderus hot water heater; Roth oil tank; rear roof; fence; new furnishings etc. A unique opportunity in today's economy. Check it out!

Last Agent to Sell the Property

Lynn Buder

Landmarks Real Estate of Martha's Vineyard Listed on: 07/30/2012

Last Buyer's Agent

Lynn Buder

Landmarks Real Estate of Martha's Vineyard Listed on: 07/30/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,024

Year Built

  • Built in 1956

Lot Details

  • 8,276 Sq Ft Lot
  • Near Conservation Area
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Yard

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 1,357 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Shower
  • Deck

Location

  • Property is near shops
  • Property is near a golf course

Utilities

  • Heating Available

Community Details

  • No Home Owners Association
  • Medical Services

Listing and Financial Details

  • Assessor Parcel Number 5M7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,024

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Has Basement: Bulkhead Access, Partial
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Frontage Type: Public
  • Directions: Take Franklin Street towards West Chop. Hemlock is on the right, after Tashmoo and before Daggett Ave. It does NOT go through to Main Street. Turning onto Hemlock, the house is the first on the left.
  • Architectural Style: Cape
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Fireplace: No
  • Flooring: Other, Carpet, Wood
  • Main Level Bathrooms: 1

Exterior Features

  • Exterior Features: Outdoor Shower, Yard
  • Fencing: Fenced Yard
  • Lot Features: Conservation Area, School, Medical Facility, Near Golf Course, Shopping, Corner Lot, Level
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Property Condition: Approximate
  • Roof: Asphalt

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street, Stone/Gravel

Utilities

  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R10
  • Lot Size Sq Ft: 8276
  • Parcel #: 5M7
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1956

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 3024
  • Tax Book Number: 1154

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2012
Closed on
Jun 17, 2013
Sold by
Watson Thomas A and Watson Karen
Bought by
Bradlee Jessica
Seller's Agent
Lynn Buder
Landmarks Real Estate of Martha's Vineyard
Buyer's Agent
Lynn Buder
Landmarks Real Estate of Martha's Vineyard
List Price
$439,000
Sold Price
$410,000
Premium/Discount to List
-$29,000
-6.61%
Current Estimated Value
$1,142,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$732,681
Avg. Annual Appreciation
9.03%

Purchase Details

Closed on
Jun 18, 2008
Sold by
Watson Karen
Bought by
Watson Karen and Watson Thomas A

Purchase Details

Closed on
Feb 15, 2008
Sold by
West Janet W
Bought by
Watson Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2007
Sold by
Bruce Timothy D
Bought by
West Janet W

Purchase Details

Closed on
Jul 3, 2007
Sold by
West Janet W
Bought by
Bruce Timothy D
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
Bradlee Jessica $410,000 --
Watson Karen -- --
Watson Karen $430,000 --
West Janet W -- --
Bruce Timothy D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradlee Jessica $25,000
Previous Owner Watson Karen $408,500
Previous Owner West Janet W $21,000
Previous Owner West Janet W $50,000
Previous Owner West Janet W $30,145
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2013 06/17/13 Sold $410,000 -6.6% $302 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
07/30/2012 07/30/12 For Sale $439,000 -- $324 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

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 $6,577 $868,800 $513,600 $355,200
2024 $5,819 $729,200 $428,000 $301,200
2023 $4,931 $673,600 $354,400 $319,200
2022 $3,541 $407,000 $263,600 $143,400
2021 $3,833 $418,000 $263,600 $154,400
2020 $4,312 $462,200 $283,900 $178,300
2019 $4,238 $462,200 $283,900 $178,300
2018 $4,195 $443,900 $243,000 $200,900
2017 $3,876 $425,500 $226,800 $198,700
2016 $3,609 $394,000 $208,100 $185,900
2015 $3,307 $370,700 $184,800 $185,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21207097

Cape Cod & Islands Association of REALTORS®

APN: TISB-000005M-000000-000007