NOT LISTED FOR SALE

40 Munroe Ave Oak Bluffs, MA 02568

Oak Bluffs Neighborhood

Estimated Value: $1,941,000 - $2,095,000

0.86 Acre
$2,355,169 Price per Acre
37,462 Sq Ft Lot

Last Sold December 30, 2015

Last sale price $550,000

Est. 268% increase in value since last sale

Current estimated payment $11,736/month

182 Days on Market

Highlights

  • Property is near a marina
  • 0.86 Acre Lot
  • No HOA
  • Medical Services
  • Wooded Lot
  • Tennis Courts

About This Lot

As of December 2015

Located in East Chop, this beautifully wooded, private lot (37,462 sq. ft.), offers a great setting for your new construction. It's hard to find this size buildable lot on East Chop. The lot generally meets town conditions for guest house but requires verification or special permit. Perc and soil testing will be completed soon. Water main runs along Munroe Ave. Walk to lighthouse, beaches and town.

Last Agent to Sell the Property

Perry Patterson

RE/MAX on Island Listed on: 06/02/2015

Last Buyer's Agent

Douglas Reece

RE/MAX on Island License #9024873

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,703

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 250 x 150
  • Gentle Sloping Lot
  • Wooded Lot
  • Property is zoned R-2

Additional Features

  • Property is near place of worship
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 31750

Community Details

Recreation

  • Tennis Courts
  • Property is near a marina
  • Electricity Available at Street

Additional Features

  • No Home Owners Association
  • Medical Services

Property Details

Property Type

Land

Est. Annual Taxes

$3,703

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.86
  • Lot Size: 250 x 150
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: From New York Ave., property is 1/3 mile up on Munroe Ave., on the left side.
  • Special Features: None

Interior Features

  • Fireplace: No

Exterior Features

  • Lot Features: Marina, Medical Facility, House of Worship, Public Tennis, Gentle Sloping, Wooded
  • Waterfront: No

Utilities

  • Sewer: None
  • Electric: At Street
  • Telephone: At Street
  • Gas Company: On Site
  • Utilities: Cable Available
  • Electricity On Property: No
  • Water Source: Public on Street

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R-2
  • Lot Size Sq Ft: 37461
  • Parcel #: 31750
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3703
  • Tax Book Number: Deed Book 1373

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2018
Sold by
Quinlan-Potter Kerry
Bought by
Potter William
Current Estimated Value
$2,025,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.22%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Feb 10, 2017
Sold by
Bryan William R and Bryan Helen S
Bought by
Potter William and Quinlan-Potter Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2015
Closed on
Dec 30, 2015
Sold by
James E Coley 3Rd Ret
Bought by
Bryan William R and Bryan Helen S
Seller's Agent
Perry Patterson
RE/MAX on Island
Buyer's Agent
Douglas Reece
RE/MAX on Island
List Price
$675,000
Sold Price
$550,000
Premium/Discount to List
-$125,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%

Purchase Details

Closed on
Apr 16, 2015
Sold by
Coley 3Rd James E
Bought by
James E Coley 3Rd Ret
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
Potter William -- --
Potter William -- --
Potter William $400,000 --
Bryan William R $550,000 --
James E Coley 3Rd Ret -- --
James E Coley 3Rd Ret -- --
Coley 3Rd James E -- --
Coley 3Rd James E -- --
Patricia H Coley Ret -- --
Patricia H Coley Ret -- --
Potter William -- --
James E Coley 3Rd Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Willliam $1,200,000
Closed Potter William $950,000
Closed Potter William $82,000
Closed Potter William $150,000
Previous Owner Potter William $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2015 12/30/15 Sold $550,000 -18.5% --
12/02/2015 12/02/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $675,000 -- --
Source: Cape Cod & Islands Association of REALTORS®

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 $9,417 $1,864,800 $861,400 $1,003,400
2024 $9,820 $1,877,600 $828,900 $1,048,700
2023 $9,745 $1,845,700 $805,400 $1,040,300
2022 $9,475 $1,395,500 $606,600 $788,900
2021 $8,104 $1,099,600 $446,200 $653,400
2020 $7,678 $1,032,000 $424,900 $607,100
2019 $7,728 $1,004,900 $409,600 $595,300
2018 $3,017 $385,300 $385,300 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Perry Patterson

    RE/MAX on Island

  • D

    Buyer's Agent in 2015

    Douglas Reece

    RE/MAX on Island

See All Agents

Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 21505461

Cape Cod & Islands Association of REALTORS®

APN: 3 0 175 1

Massachusetts Dukes County Oak Bluffs 02568 Oak Bluffs

40 Munroe Ave, Oak Bluffs, MA

This home is located at 40 Munroe Ave, Oak Bluffs, MA 02568 since 02 June 2015 and is currently estimated at $2,025,445. 40 Munroe Ave 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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Cape Cod & Islands Association of REALTORS® All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than CC&I Assoc. of REALTORS®, Inc. includes the name of the listing company. Neither the listing company nor CC&I Assoc. of REALTORS®, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. All properties are subject to prior sale, changes, or withdrawal. Copyright 2025 © Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.

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