NOT LISTED FOR SALE

Estimated Value: $1,087,000 - $1,916,000

5 Beds
4 Baths
2,884 Sq Ft
$522/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $987,500 $342 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,528/month

57 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Tennis Courts
  • Tankless Water Heater
  • Property is near a golf course

About This Home

As of May 2021

A new five bedroom home conveniently located within a short distance to Main Street- Vineyard Haven, a minute from Lake Tashmoo boat landing and the town tennis courts. This five bedroom - 4 bathroom home is ideally designed for a large family with multiple living spaces and three separate entrances. The main floor has a spacious master suite, guest bedroom with a full bath, an in- home office with its own entrance, and a open living-dining area with huge kitchen island with ample storage spaces. Build with two highly efficient heating sources, Veissman FHW and Fujitsu -ac/heat and gas washers & dryers on each floor. The lower level is a bright & open living space with 9 ft ceilings and two additional guest bedrooms with two full baths- a layout that could work well for creating an Air bnb rental income source. Nicely nestled at the end of a cul de sac, this lot offers future expansion for guest house/garage with the 6 bdrm septic & utilities lines already in place!

Last Agent to Sell the Property

Nya Clarke

Martha's Vineyard Island-Wide Realty, Inc. License #448008553 Listed on: 02/11/2021

Last Buyer's Agent

Lesley Heidt

Sandpiper Realty Inc License #448007324

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,823

Year Built

  • Built in 2020

Lot Details

  • 0.35 Acre Lot
  • Paved or Partially Paved Lot
  • Gentle Sloping Lot
  • Property is zoned R10

Parking

  • Off-Street Parking

Interior Spaces

  • 2,884 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near a golf course

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Hot Water Heating System
  • Tankless Water Heater
  • Liquid Propane Gas Water Heater
  • Septic Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 24A/22

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,823

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2020
  • Lot Size Acres: 0.35
  • Road Surface Type: Paved
  • Directions: From Franklin Street to 71 lake street- take left onto Ferro Way on the left side. House is at the end of the cul de sac.
  • Carport Y N: No
  • Garage Yn: No
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Appliances: Propane Gas Water Heater, Water Heater, Tankless Water Heater
  • Basement: Finished, Walk-Out Access, Full
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Laminate
  • Living Area: 2884
  • Stories: 2
  • Room Bedroom3 Features: Bedroom 3
  • Room Bedroom4 Features: Bedroom 4
  • Room Bedroom2 Features: Bedroom 2
  • Master Bedroom Features: Primary Bedroom, Private Full Bath
  • Room Kitchen Features: Kitchen, Shared Full Bath, Kitchen Island
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Bike Path, Shopping, School, Public Tennis, Medical Facility, Harbor, Near Golf Course, Gentle Sloping
  • Pool Private: No
  • Waterfront: No
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Off Street, Stone/Gravel

Utilities

  • Cooling: Fixed Wall System
  • Heating: Hot Water, Heat Pump
  • Sewer: Septic Tank, Private Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R10
  • Land Lease: No
  • Lot Size Sq Ft: 15246
  • Parcel #: 24A/22
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2823.03
  • Tax Book Number: 1454

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
May 10, 2021
Sold by
Mclean Mattew
Bought by
39 Ferro Way Tisbury Llc
Seller's Agent
Nya Clarke
Martha's Vineyard Island-Wide Realty, Inc.
Buyer's Agent
Lesley Heidt
Sandpiper Realty Inc
List Price
$1,098,000
Sold Price
$987,500
Premium/Discount to List
-$110,500
-10.06%
Current Estimated Value
$1,505,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,687
Avg. Annual Appreciation
9.64%

Purchase Details

Closed on
Dec 1, 2017
Sold by
Mclean Janet
Bought by
Mclean Matthew

Purchase Details

Closed on
Jan 27, 2017
Sold by
Cullen Annemarie
Bought by
Mclean Janet and Mclean Matthew

Purchase Details

Closed on
Dec 28, 2010
Sold by
Ferro Ft
Bought by
Cullen Annemarie and Cullen Francis P
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

Date Buyer Sale Price Title Company
39 Ferro Way Tisbury Llc $987,500 None Available
Mclean Matthew -- --
Mclean Janet $225,000 --
Cullen Annemarie -- --
Cullen Annemarie -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $987,500 -10.1% $342 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $1,098,000 -- $381 / 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 $7,602 $1,004,200 $431,900 $572,300
2024 $7,592 $951,400 $375,600 $575,800
2023 $6,845 $935,100 $376,500 $558,600
2022 $8,241 $947,200 $301,800 $645,400
2021 $7,037 $767,400 $301,800 $465,600
2020 $2,414 $258,700 $258,700 $0
2019 $2,175 $237,200 $237,200 $0
2018 $2,482 $262,600 $262,600 $0
2017 $2,233 $245,100 $245,100 $0
2016 $2,128 $232,300 $232,300 $0
2015 $1,768 $198,200 $198,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 32100052

Martha

APN: TISB-000024A-000000-000022-000008