NOT LISTED FOR SALE

Estimated Value: $2,226,767 - $2,743,000

4 Beds
2 Baths
1,622 Sq Ft
$1,502/Sq Ft Est. Value

Sale Details

Date Sold: March 26, 2020

Last sale price $1,280,000 $789 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $14,067 / mo

163 Days on Market

Highlights

  • Waterfront
  • Furnished
  • Patio
  • Deck
  • Porch

About This Home

As of March 2020

Gorgeous waterfront cottage with deep water dock. This 4-bedroom home is a slice of paradise on Martha’s Vineyard. Located on bustling Beach Road close to Eastville Beach, the home is a peaceful oasis once you have entered the home through the covered porch and closed the front door behind you. The property looks westerly over Vineyard Haven harbor and is blessed not just with fabulous water views and sunsets, but also an incredible vista filled with passing ferries, classic wooden sailboats, modern motor yachts, and all manner of small craft from kayaks to paddle-boards. These are also the waters where world class kiteboarders train for international competition and you can enjoy a front row seat to watch them swooping back and forth. The deep water dock has a 7’ draft at low tide and has accommodated large boats. There is also a mooring close by. It is fitting that the setting should have such a strong nautical bent - the house was originally "Station #7" of the NY Yacht Club, a place where NYYC members could tie up their tenders and step ashore while visiting the waters around the Vineyard. The interior of the home is as quaint as you could possibly imagine, with painted beams, wainscoting, and the beachstone fireplace creating a distinctly Vineyard ambience. The ground floor master bedroom suite is spacious, and there are three additional bedrooms upstairs, including one with a king size bed. Want to spend the day at the beach but be able to come home for lunch and go back again - well, popular Eastville Beach is virtually next door, just 600 feet away. The current owners have cared for the house well, and made many improvements since purchasing it, including renovating the kitchen and bathrooms, lining the chimney, putting on a 40-year roof, replacing all upstairs windows, replacing the plumbing and wiring, replacing appliances in the last 2 years, replacing Rennai gas monitor in the last 2 years, and more. LEXAN window shutters increase the cottage's 'weather tightness' and allow you to use the cottage from spring to fall. Note that present and future owners of this property have the right to maintain and/or replace their licensed dock and seawall.

Last Agent to Sell the Property

Mark Jenkins

Wallace & Co. Sotheby's Listed on: 08/31/2019

Last Buyer's Agent

Mark Jenkins

Wallace & Co. Sotheby's Listed on: 08/31/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1895 | Remodeled in 2000

Lot Details

  • 8,276 Sq Ft Lot
  • Waterfront
  • Property is zoned R1

Interior Spaces

  • 1,622 Sq Ft Home
  • Furnished
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 33
  • $976,700 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,000

Year Built

Built in 1895 | Remodeled in 2000

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: Waterfront
  • Lot Features: Side yard
  • LotSizeAcres: 0.1899
  • View: Hbr, Snd
  • Co List Office Mls Id: 741
  • Building Area Total: 1622
  • Has Fireplace?: No
  • Effective Year Built: 2000
  • Year Built: 1895
  • reviewed: Yes
  • Special Features: None
  • Year Built: 1895
  • Year Renovated: 2000

Interior Features

  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: None.
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: 1
  • Flooring: 2
  • Interior Amenities: OSh, Floor 1: Shaded front porch. Updated kitchen and living room/dining area. Enclosed porch. Master bedroom with bathroom ensuite. Additional full bath. Den., Floor 2: Large guest bedroom with king size bed, 2 bedrooms, each with 2 twins

Exterior Features

  • Pool Private: No
  • Exterior Features: WViews, Deck, Patio, Porch, PvtBch, PubBch
  • Other Structures: Large accessory building currently being used as a workshop with storage.

Garage/Parking

  • Parking Features: Off-street

Utilities

  • Heating: PMonitor
  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 8276
  • Zoning: R1

Multi Family

  • Number Of Units Furnished: Furnished

Tax Info

  • Tax Annual Amount: 10000
  • Tax Lot: 33
  • Tax Map Number: 6
  • Tax Other Annual Assessment Amount: 976700
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2019
Closed on
Feb 20, 2020
Sold by
Bought by
Seller's Agent
Mark Jenkins
Wallace & Co. Sotheby's
Buyer's Agent
Mark Jenkins
Wallace & Co. Sotheby's
List Price
$1,375,000
Sold Price
$1,280,000
Premium/Discount to List
-$95,000
-6.91%
Current Estimated Value
$2,435,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,155,442
Avg. Annual Appreciation
10.86%
Original Mortgage
$1,024,000
Outstanding Balance
$903,192
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,532,250

Purchase Details

Closed on
Mar 14, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,280,000 None Available
$279,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,024,000
Previous Owner $186,000
Previous Owner $240,000
Previous Owner $243,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/26/2020 03/26/20 Sold $1,280,000 -6.9% $789 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
08/31/2019 08/31/19 For Sale $1,375,000 -- $848 / Sq Ft
Source: LINK (Vineyard)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,955 $2,169,400 $1,716,200 $453,200
2024 $10,577 $2,022,400 $1,559,600 $462,800
2023 $9,754 $1,847,300 $1,363,800 $483,500
2022 $8,371 $1,232,800 $856,100 $376,700
2021 $9,608 $1,303,700 $972,300 $331,400
2020 $9,920 $1,333,400 $1,021,700 $311,700
2019 $9,875 $1,284,100 $976,700 $307,400
2018 $9,990 $1,275,800 $967,700 $308,100
2017 $9,543 $1,170,900 $888,300 $282,600
2016 $9,491 $1,170,300 $915,800 $254,500
2015 $9,211 $1,157,100 $915,800 $241,300
2014 $8,817 $1,129,000 $883,400 $245,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 35787

APN: OAKB-000006-000034

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