NOT LISTED FOR SALE

31 Pennacook Ave Oak Bluffs, MA 02557

Oak Bluffs Neighborhood

Estimated Value: $1,397,419 - $1,553,000

5 Beds
1 Bath
1,721 Sq Ft
$843/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $600,000 $349 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $8,240/month

75 Days on Market

Highlights

  • Antique Architecture
  • No HOA
  • Wood Burning Fireplace
  • Wood Flooring
  • Porch
  • 2-minute walk to Waban Park

About This Home

As of November 2019

SHORT SALE - BUYER ASSUMED SOME OF THE OUTSTANDING COSTS. Looking to create your own property in downtown Oak Bluffs within 2 blocks of the water and 3 blocks to town? Here is an opportunity to take this fixer-upper and make it your own. This 5 bedroom home is waiting for you to give it the make-over it needs. Property is being sold ''as is''. Short sale. Buyer will need to be able to pay cash or get a construction loan. Buyer must also be willing to work through the short-sale process.

Last Agent to Sell the Property

Michele Moore

Island Real Estate License #448006408 Listed on: 06/13/2019

Last Buyer's Agent

Michele Moore

Island Real Estate License #448006408 Listed on: 06/13/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,855

Year Built

  • Built in 1880

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned R1

Home Design

  • Antique Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,721 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 101000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,855

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1880
  • Lot Size Acres: 0.12
  • Road Frontage Type: Public
  • Directions: Pennacook Ave
  • Architectural Style: Antique
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: 12

Interior Features

  • Appliances: None
  • Basement: Bulkhead Access
  • Total Bedrooms: 5
  • Full Bathrooms: 1
  • Fireplace Features: Living Room: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 1721
  • Stories: 2
  • Living Room Features: Living Room

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Construction Type: Clapboard
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Asphalt

Utilities

  • Cooling: None
  • Heating: Other
  • Sewer: Public Sewer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R1
  • Land Lease: No
  • Lot Size Sq Ft: 5227
  • Parcel #: 101000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5854.52
  • Tax Book Number: (1P0064-AD1)
  • Tax Lot: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Oct 31, 2019
Sold by
Minor Elza H
Bought by
Clark James W and Clark Linda M
Seller's Agent
Michele Moore
Island Real Estate
Buyer's Agent
Michele Moore
Island Real Estate
List Price
$820,000
Sold Price
$600,000
Premium/Discount to List
-$220,000
-26.83%
Current Estimated Value
$1,399,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$799,697
Avg. Annual Appreciation
16.35%
Original Mortgage
$528,000
Outstanding Balance
$468,623
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$955,719
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
Clark James W $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark James W $528,000
Previous Owner Minor Elza H $525,000
Previous Owner Minor Elza H $440,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $600,000 -26.8% $349 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $820,000 -- $476 / 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 $6,121 $1,212,000 $832,000 $380,000
2024 $5,647 $1,079,800 $714,100 $365,700
2023 $5,146 $974,700 $653,100 $321,600
2022 $4,710 $693,700 $436,600 $257,100
2021 $4,491 $609,300 $370,400 $238,900
2020 $4,879 $655,800 $352,700 $303,100
2019 $4,765 $619,700 $322,800 $296,900
2018 $4,546 $580,600 $283,700 $296,900
2017 $4,438 $544,600 $278,200 $266,400
2016 $4,253 $524,400 $286,800 $237,600
2015 $4,000 $502,500 $286,800 $215,700
2014 $4,301 $550,700 $294,300 $256,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 21805144

Martha

APN: OAKB-000010-000100