NOT LISTED FOR SALE

40 Cronig Ave Tisbury, MA 02568

Vineyard Haven Neighborhood

Estimated Value: $2,693,000 - $5,373,894

4 Beds
4.5 Baths
3,500 Sq Ft
$1,292/Sq Ft Est. Value

Last Sold April 19, 2017

Last sale price $2,590,000 $740 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $25,859/month

317 Days on Market

Highlights

  • Waterfront
  • 0.97 Acre Lot
  • Contemporary Architecture
  • Tisbury Elementary School Rated A-
  • Deck
  • Lake, Pond or Stream

About This Home

As of April 2017

Brand new luxury waterfront home on the Lagoon - The home is contemporary and elegant, a masterpiece of space and light with floor to ceiling windows along the waterside perfectly framing the picturesque setting. The premium finishes, outstanding design and attention to detail are dazzling. A well thought floor plan makes for casual vacation living with four bedrooms, each with private bath, a chef grade kitchen and multiple living areas further enhanced by expansive decking and veranda. Leave your kayak on the shore and paddle out to enjoy this peaceful and serene environment.

Last Agent to Sell the Property

Marek Heidt Team

Sandpiper Realty Inc License #448013308 Listed on: 06/01/2016

Last Buyer's Agent

Alan Schweikert

Ocean Park Realty, Inc. License #104419

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,247

Year Built

  • Built in 2016

Lot Details

  • 0.97 Acre Lot
  • Waterfront
  • Street terminates at a dead end
  • Paved or Partially Paved Lot
  • Private Yard
  • Property is zoned R20

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Property Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Lake, Pond or Stream
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Near Conservation Area

Listing and Financial Details

  • Assessor Parcel Number TISB16M1

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,247

Year Built

Built in 2016

Lot Details

0.97 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2016
  • Lot Size Acres: 0.97
  • Road Frontage Type: Dead End Street
  • Road Surface Type: Paved
  • Directions: Vineyard Haven Edgartown Road to Park Avenue. Take right half way around the circle and a quick right onto Central Avenue. Take right onto Cronig Avenue and go up the hill and #40 is down on the left.
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built Details: New
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Appliances: Propane Gas Water Heater, Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Hardwood, Tile
  • Living Area: 3500
  • Stories: 2
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Private Yard
  • Lot Features: Conservation Area, Shopping, Views
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake/Pond, Salt
  • Waterfront: Yes
  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Screened, Porch, Patio
  • Roof: Asphalt

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Town Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R20
  • Land Lease: No
  • Lot Size Sq Ft: 42253
  • Parcel #: TISB16M1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 8247
  • Tax Book Number: 1140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2025
Sold by
Bdv Properties Llc
Bought by
Joseph B Alexander Jr Ret and Alexander
Current Estimated Value
$4,521,974

Purchase Details

Listed on
Jun 1, 2016
Closed on
Apr 19, 2017
Sold by
Tzanis Patrick L and Tzanis April A
Bought by
Bdv Properties Llc
Seller's Agent
Marek Heidt Team
Sandpiper Realty Inc
Buyer's Agent
Alan Schweikert
Ocean Park Realty, Inc.
List Price
$2,695,000
Sold Price
$2,590,000
Premium/Discount to List
-$105,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$2,331,000
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2016
Sold by
Tzanis Patrick L
Bought by
Tzanis Patrick L and Tzanis April A

Purchase Details

Closed on
Jan 10, 2008
Sold by
Zinno Thomas C
Bought by
Tzanis Patrick L

Purchase Details

Closed on
May 15, 1997
Sold by
Kapell Estelle June
Bought by
Zinno Ii Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
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
Joseph B Alexander Jr Ret -- None Available
Joseph B Alexander Jr Ret -- None Available
Joseph B Alexander Jr Ret -- None Available
Bdv Properties Llc $2,590,000 --
Bdv Properties Llc $2,590,000 --
Tzanis Patrick L -- --
Tzanis Patrick L -- --
Tzanis Patrick L $1,035,000 --
Tzanis Patrick L $1,035,000 --
Zinno Ii Thomas C $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bdv Properties Llc $2,331,000
Previous Owner Zinno Ii Thomas C $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2017 04/19/17 Sold $2,590,000 -3.9% $740 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
06/01/2016 06/01/16 For Sale $2,695,000 -- $770 / Sq Ft
Source: Martha's Vineyard MLS

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 $30,764 $4,064,000 $2,051,200 $2,012,800
2024 $28,569 $3,580,100 $1,521,700 $2,058,400
2023 $28,140 $3,844,300 $1,529,400 $2,314,900
2022 $22,149 $2,545,890 $876,690 $1,669,200
2021 $20,293 $2,213,000 $830,500 $1,382,500
2020 $20,648 $2,213,049 $830,549 $1,382,500
2019 $20,293 $2,213,000 $830,500 $1,382,500
2018 $22,112 $2,339,900 $827,500 $1,512,400
2017 $10,077 $1,106,200 $945,800 $160,400
2016 $8,248 $900,400 $900,400 $0
2015 -- $1,022,000 $1,022,000 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Marek Heidt Team

    Sandpiper Realty Inc

  • A

    Buyer's Agent in 2017

    Alan Schweikert

    Ocean Park Realty, Inc.

    (508) 693-4210

    Alan Schweikert
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Map

Source: Martha's Vineyard MLS

MLS Number: 21605185

Martha

APN: TISB-000016M-000000-000001

Massachusetts Dukes County Tisbury 02568 Vineyard Haven

40 Cronig Ave, Tisbury, MA

Not Listed for Sale

Detached

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