NOT LISTED FOR SALE

331 E Chop Dr Oak Bluffs, MA 02568

Oak Bluffs Neighborhood

Estimated Value: $1,324,953 - $1,725,000

1 Bed
1 Bath
444 Sq Ft
$3,493/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $832,500 $1,875 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $8,785/month

32 Days on Market

Highlights

  • Waterfront
  • Cottage
  • Outdoor Shower
  • No HOA
  • Views
  • Paved or Partially Paved Lot

About This Home

As of October 2019

SEASIDE WATER FRONT BEACH Cottage on East Chop! This is the BEST value on Martha's Vineyard today. Just imagine waking up to the sights and sounds of the salty water lapping on the beach outside your bedroom window. The property faces westerly, so sunsets with sailboats in the distance is yours to enjoy. Be sure to bring your kayak or sunfish as you can launch right from your private beach and yes...of course...you can fish here too! Sold mostly furnished, so you can move right in and use. STRONG rental history and fully booked for the summer 2019 season...instant income. This is an outstanding opportunity to own waterfront property...come take a look!

Last Agent to Sell the Property

Douglas Reece

RE/MAX on Island License #448002294 Listed on: 07/10/2019

Last Buyer's Agent

Non Member

mv.unknownoffice License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,624

Year Built

  • Built in 1900

Lot Details

  • 7,826 Sq Ft Lot
  • Waterfront
  • Paved or Partially Paved Lot
  • Property is zoned R1

Home Design

  • Cottage
  • Shingle Siding

Interior Spaces

  • 444 Sq Ft Home
  • 1-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Outdoor Shower

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 140

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,624

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • Directions: New York Ave to western end of East Chop Dr. East Chop Dr to #331, on left. Whale bone and bureau in living area not included
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Fireplace: No
  • Flooring: Other
  • Living Area: 444
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Shower
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Shingle Siding

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Septic Tank
  • Cooling Y N: No
  • Heating Yn: No
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R1
  • Land Lease: No
  • Lot Size Sq Ft: 7826
  • Parcel #: 140
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5624

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Oct 4, 2019
Sold by
Lehner Abigail S and Lally Wendy S
Bought by
Ginnetti Richard P and Ginnetti Janet E
Seller's Agent
Douglas Reece
RE/MAX on Island
Buyer's Agent
Non Member
mv.unknownoffice
List Price
$859,000
Sold Price
$832,500
Premium/Discount to List
-$26,500
-3.08%
Current Estimated Value
$1,550,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$718,238
Avg. Annual Appreciation
10.10%

Purchase Details

Closed on
May 19, 1988
Bought by
Lehner Abigail S and Lally Wendy S
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
Ginnetti Richard P $832,500 --
Lehner Abigail S -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $832,500 -3.1% $1,875 / Sq Ft
08/11/2019 08/11/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $859,000 -- $1,935 / 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 $6,278 $1,243,200 $1,154,000 $89,200
2024 $5,949 $1,137,500 $1,048,700 $88,800
2023 $5,875 $1,112,600 $1,019,000 $93,600
2022 $4,767 $702,000 $627,800 $74,200
2021 $5,950 $807,300 $743,200 $64,100
2020 $5,756 $773,700 $707,800 $65,900
2019 $5,691 $740,100 $675,600 $64,500
2018 $6,616 $845,000 $780,500 $64,500
2017 $6,958 $853,700 $797,500 $56,200
2016 $7,070 $871,800 $822,200 $49,600
2015 $6,952 $873,400 $822,200 $51,200
2014 $6,334 $811,000 $758,900 $52,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Douglas Reece

    RE/MAX

  • N

    Buyer's Agent in 2019

    Non Member

    mv.unknownoffice

See All Agents

Map

Source: Martha's Vineyard MLS

MLS Number: 21805202

Martha

APN: OAKB-000001-000004

Massachusetts Dukes County Oak Bluffs 02568 Oak Bluffs

331 E Chop Dr, Oak Bluffs, MA

This home is located at 331 E Chop Dr, Oak Bluffs, MA 02568 since 10 July 2019 and is currently estimated at $1,550,738, approximately $3,492 per square foot. This property was built in 1900. 331 E Chop Dr is a home located in Dukes County with nearby schools including Oak Bluffs Elementary School, Martha's Vineyard Regional High School, and Vineyard Montessori School.

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