NOT LISTED FOR SALE

Estimated Value: $1,940,000 - $2,773,000

3.01 Acres
$772,527 Price per Acre
131,116 Sq Ft Lot

Last Sold July 16, 2019

Last sale price $510,000

Est. 356% increase in value since last sale

Current estimated payment $13,736/month

64 Days on Market

Highlights

  • 3.01 Acre Lot
  • Tennis Courts
  • Gentle Sloping Lot
  • Wooded Lot
  • Paved or Partially Paved Lot
  • Near Conservation Area

About This Lot

As of July 2019

This 3-acre lot is nestled at the end of a quiet country lane just a mile from Lambert's Cove Beach. Located in the highly desirable Red Farm neighborhood, this is the ideal location to build your Martha's Vineyard home. Lot allows for a 6 bedroom home.

Last Listed By

Alyssa Halisky

Wallace & Co. Sotheby's International Realty License #448007129 Listed on: 04/05/2019

Wallace & Co. Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,353

Year Built

  • 2021

Lot Details

  • 3.01 Acre Lot
  • Near Conservation Area
  • Paved or Partially Paved Lot
  • Gentle Sloping Lot
  • Wooded Lot
  • Property is zoned RU

Utilities

  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 11123

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include road maintenance

Amenities

  • Common Area

Recreation

  • Tennis Courts

Property Details

Property Type

Land

Est. Annual Taxes

$3,353

Year Built

2021

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 3.01
  • Road Surface Type: Paved
  • Co List Office Mls Id: WALL
  • Co List Office Phone: 508-627-3313
  • Directions: Upper Lamberts Cove Road to Red Farm Road. Take your first left onto Bea Lane. Lot at the end of the road
  • Special Features: None
  • Year Built (Public Record): 2021

Exterior Features

  • Lot Features: Conservation Area, Shopping, School, Public Tennis, Medical Facility, Gentle Sloping, Wooded
  • Waterfront: No

Utilities

  • Utilities: Cable Available
  • Electric: At Street
  • Telephone: At Street
  • Electricity On Property: No
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Road Maintenance
  • Amenities: Common Area
  • Association: Yes

Fee Information

  • Association Fee Includes: Road Maintenance

Lot Info

  • Zoning: RU
  • Lot Size Sq Ft: 131116
  • Parcel #: 11123
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3353
  • Tax Book Number: 595

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2012
Sold by
Bea Lane Rt and Stamen
Bought by
Tequesta T T and Tequesta Nunez
Total Days on Market
64
Current Estimated Value
$2,325,305

Purchase Details

Closed on
Dec 4, 1995
Sold by
Gilson David M
Bought by
Bea Lane Rt and Stamen Robert A

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
Tequesta T T -- --
Bea Lane Rt $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ritchie Travis $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2019 07/16/19 Sold $510,000 -3.8% --
06/08/2019 06/08/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $530,000 +10.4% --
02/23/2018 02/23/18 Sold $480,000 -12.7% --
02/01/2018 02/01/18 Pending -- -- --
05/27/2016 05/27/16 For Sale $550,000 -- --
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 $10,131 $2,236,400 $1,103,000 $1,133,400
2024 $6,998 $1,627,400 $1,071,000 $556,400
2023 $6,756 $1,549,500 $1,020,100 $529,400
2022 $3,235 $555,900 $555,900 $0
2021 $3,192 $523,200 $523,200 $0
2020 $3,176 $523,200 $523,200 $0
2019 $3,233 $523,200 $523,200 $0
2018 $3,171 $523,200 $523,200 $0
2017 $3,124 $523,200 $523,200 $0
2016 $3,008 $496,400 $496,400 $0
2015 $2,834 $496,400 $496,400 $0
2014 $2,993 $553,300 $553,300 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Martha's Vineyard MLS

MLS Number: 21804986

Martha

APN: WTIS-000011-000123