NOT LISTED FOR SALE

Estimated Value: $1,796,000 - $2,072,000

2 Beds
2.5 Baths
2,407 Sq Ft
$816/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $1,900,000 $789 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $11,029/month

270 Days on Market

About This Home

As of July 2024

SPARKLING NEW CONSTRUCTION IN OAK BLUFFS- BRAND NEW HOME~ Located in LAGOON RIDGE "Oak Bluffs NEWEST NEIGHBORHOOD" - EXCEPTIONAL offering in a community with all new homes perched 95' above the Lagoon! (NOTE the interior photos are of a SIMILAR HOME BUILT in LAGOON RIDGE) Easy access to all the down island towns, beaches, shopping, ferry ports and harbors! Featuring a Stylish and Spacious Primary En-suite Bedroom on each floor, functional and convenient second floor office/ Flex Room, and 2.5 Tiled Bathrooms are included in over 2,400 square feet of prime living space. On the exterior you are greeted by the grand covered wrap-around porch that heightens one’s sense of arrival and provides the perfect setting for enjoying those cool summer breezes and refreshing morning air. Architecturally designed that leverages a smart and efficient floor plan that connects its chef’s kitchen to living and dining areas forming a generous space to host large gatherings of family and friends where life-long memories will be made. Top of the line finishes include 5" wood flooring, crisp white cabinetry, ACRE Flooring (a revolutionary new eco-friendly building material that is an alternative to wood) and a striking double-sided fireplace. RESORT LIVING with So MUCH STYLE! MORE PHOTOS COMING SOON!

Last Agent to Sell the Property

Marilyn Moses

Ocean Park Realty Inc Listed on: 09/15/2023

Last Buyer's Agent

Marilyn Moses

Ocean Park Realty Inc Listed on: 09/15/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,196

Year Built

  • Built in 2023

Lot Details

  • 0.26 Acre Lot
  • Property is zoned R3

Interior Spaces

  • 2,407 Sq Ft Home
  • Views of Trees

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Heat Pump System
  • Cable TV Available

Community Details

  • Association fees include road maintenance, amphidrome sewage system (see attached document) fee to be determined

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 32
  • $275,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,196

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: PRIVATE AMPRHRIDOME SYSTEM Wastewater System, Yes
  • LotSizeAcres: 0.2645
  • View: None, Trees/Woods
  • Association Fee Inclusions: Road maintenance, Amphidrome sewage system (see attached document) Fee to be determined
  • Co List Office Mls Id: 787
  • Building Area Total: 2407
  • Has Fireplace?: No
  • Year Built: 2023
  • Parcel #: 32
  • reviewed: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Stove: APPLIANCE PACKAGE OPTIONS, Washer: APPLIANCE PACKAGE OPTIONS
  • Has Basement: Full poured concrete with high ceilings approximately 10'
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Yes Doube Sided Propane
  • Flooring: Wood, Tile
  • Interior Amenities: AC,Ins,Irr,OSh, Floor 1: First floor primarty en-suite with open spacious living/dining and kitchen area, powder room, Floor 2: Second floor primary en-suite with spacious flex room and laundry room

Exterior Features

  • Pool Private: No
  • Exterior Features: Porch, PubBch, Cov
  • Foundation Details: Poured Concrete

Garage/Parking

  • Parking Features: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 11525
  • Zoning: R3

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Lot: 7
  • Tax Map Number: 28
  • Tax Other Annual Assessment Amount: 275000
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Jul 15, 2024
Sold by
Capebuilt Lagoon Rdg Llc
Bought by
Orourke James J and Dadagian-Orourke Laura E
Seller's Agent
Marilyn Moses
Ocean Park Realty Inc
Buyer's Agent
Marilyn Moses
Ocean Park Realty Inc
List Price
$1,949,900
Sold Price
$1,900,000
Premium/Discount to List
-$49,900
-2.56%
Current Estimated Value
$1,964,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,952
Avg. Annual Appreciation
2.47%
Original Mortgage
$766,550
Outstanding Balance
$756,025
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,208,927
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Orourke James J $1,900,000 None Available
Orourke James J $1,900,000 None Available
Orourke James J $1,900,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orourke James J $766,550
Closed Orourke James J $766,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2024 07/17/24 Sold $1,900,000 -2.6% $789 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
09/15/2023 09/15/23 For Sale $1,949,900 -- $810 / Sq Ft
Source: LINK (Vineyard)

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 $8,196 $1,622,900 $585,100 $1,037,800
2024 $4,746 $907,500 $531,700 $375,800
2023 $1,250 $236,800 $236,800 $0
2022 $1,156 $170,300 $170,300 $0
2021 $1,164 $158,000 $158,000 $0
2020 $1,120 $150,500 $150,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 41339

APN: OAKB M:0028 B:0032 L:000